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Virgin Galactic

OverviewSuggest Edit

Virgin Galactic is aerospace company specializing in human spaceflight for private individuals and researchers, as well as a manufacturer of advanced air and space vehicles. It develops and operates the reusable SpaceShipTwo spaceflight system that consists of WhiteKnightTwo, a custom-built, carrier aircraft, and SpaceShipTwo, a passenger carrying spaceship.

TypePublic
Founded2004
HQLas Cruces, NM, USMap
Websitevirgingalactic.com
Employee Ratings3.4More
Overall CultureBMore
View Jobs (191)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)823(+14%)
Job Openings191
Revenue (FY, 2020)$238 K(-93%)
Share Price (Nov 2021)$19.2
Cybersecurity ratingAMore
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Key People/Management at Virgin Galactic

Michael Colglazier

Michael Colglazier

CEO
Doug Ahrens

Doug Ahrens

CFO
Wanda Austin

Wanda Austin

Director
Adam Bain

Adam Bain

Director
Swami Iyer

Swami Iyer

President of Aerospace Systems
Tina Jonas

Tina Jonas

Director
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Virgin Galactic Office Locations

Virgin Galactic has offices in Las Cruces and London
Las Cruces, NM, US (HQ)
166 Roadrunner Pkwy #1C
London, GB
The Battleship Bldg, 179 Harrow Rd
Show all (2)

Virgin Galactic Financials and Metrics

Virgin Galactic Revenue

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Virgin Galactic's revenue was reported to be $238 k in FY, 2020 which is a 93.7% decrease from the previous period.
USD

Revenue (Q2, 2021)

571.0k

Gross profit (Q2, 2021)

508.0k

Gross profit margin (Q2, 2021), %

89%

Net income (Q2, 2021)

(94.0m)

EBIT (Q2, 2021)

(73.9m)

Market capitalization (12-Nov-2021)

5.0b

Closing stock price (12-Nov-2021)

19.2

Cash (30-Jun-2021)

551.6m
Virgin Galactic's current market capitalization is $5 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

2.8m3.8m238.0k

Revenue growth, %

33%(94%)

Cost of goods sold

1.2m2.0m173.0k

Gross profit

1.6m1.8m65.0k
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

1.8m638.0k832.0k238.0k571.0k

Cost of goods sold

1.0m278.0k406.0k173.0k63.0k

Gross profit

776.0k360.0k426.0k65.0k508.0k

Gross profit Margin, %

44%56%51%27%89%
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

74.0m480.4m665.9m

Accounts Receivable

1.3m461.0k470.0k

Prepaid Expenses

16.7m17.9m

Inventories

23.3m26.8m30.5m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

419.4m359.9m741.6m616.6m551.6m

Prepaid Expenses

14.9m13.9m9.9m14.5m15.0m

Inventories

28.8m28.6m25.1m30.2m30.0m

Current Assets

475.3m415.6m789.9m674.3m609.6m
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(138.1m)(215.1m)(644.9m)

Depreciation and Amortization

5.8m7.0m9.8m

Inventories

(13.1m)(8.6m)1.4m

Accounts Payable

3.7m(323.0k)(1.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

(42.6m)(86.7m)(138.1m)(59.9m)(122.4m)(199.4m)(129.7m)(223.7m)

Depreciation and Amortization

1.6m3.2m4.9m2.1m4.7m7.4m2.9m5.7m

Inventories

(35.0k)(4.2m)(4.9m)(2.0m)(1.8m)1.7m296.0k518.0k

Accounts Payable

(131.0k)(2.8m)2.6m(3.0m)(914.0k)719.0k3.3m(751.0k)
show all
USDFY, 2018

Financial Leverage

3.8 x
Show all financial metrics

Virgin Galactic Operating Metrics

Apr, 2020

Trademark Applications

1

Trademarks (US)

5
Show all operating metrics

Virgin Galactic Acquisitions / Subsidiaries

Company NameDateDeal Size
The Spaceship CompanyOctober 05, 2012
Galactic Co., LLC
Galactic Enterprises, LLC
Vehicle Holdings, Inc.
Virgin Galactic Limited
Virgin Galactic, LLC
Virgin Galactic Vehicle Holdings, Inc.

Virgin Galactic Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

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Virgin Galactic Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Virgin Galactic Online and Social Media Presence

Virgin Galactic's Trends

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Virgin Galactic Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    C

    66/100

  • Compensation

    A+

    84/100

  • Diversity

    B

    73/100

Learn more on Comparably

Virgin Galactic News and Updates

November 24, 2021

Omaze and Virgin Galactic Sweepstakes Winner to be Space For Humanity's first Inductee to the Citizen Astronaut Program

DENVER, Nov. 24, 2021 /PRNewswire/ -- Today, Space For Humanity announced that Keisha S., winner of the Omaze and Virgin Galactic sweepstakes to receive a once-in-a-lifetime space travel experience aboard a Virgin Galactic flight, will be Space For Humanity's first inductee to the...
November 24, 2021

Omaze and Virgin Galactic Announce Winner of Once-in-a-Lifetime Trip to Space

LOS ANGELES, Nov. 24, 2021 /PRNewswire/ -- Today, Omaze, the charity fundraising platform that offers the chance to win once-in-a-lifetime experiences and prizes, and Virgin Galactic, revealed that Keisha S. from Antigua and Barbuda is the exclusive winner of two seats on a Virgin...
November 09, 2021

Virgin Galactic adds 100 customers after resuming ticket sales

Virgin Galactic executives said they’ve seen strong interest from customers as the company restarts sales of tickets on its suborbital vehicles, even though those customers may have an extended wait until they fly. SpaceNews
November 09, 2021

Virgin Galactic sells space-tourism seats faster than it anticipated

Virgin Galactic Holdings Inc. stock edged lower in the extended session Monday after the space-tourism company reported a wider quarterly loss and said its $450,000 space-tourism seats are selling faster than it anticipated. Virgin said it lost $48 million, or 32 cents a share, in the third quarter…
October 25, 2021

Thinking about buying stock in Alibaba, Virgin Galactic, Plug Power, Ocugen, or Cinedigm?

NEW YORK, Oct. 25, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BABA, SPCE, PLUG, OCGN, and CIDM. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
October 22, 2021

Citizen Astronauts from Blue Origin, SpaceX, and Virgin Galactic Commercial Space Missions to Appear Together at 2021 ASCEND in Las Vegas

RESTON, Va., Oct. 22, 2021 (GLOBE NEWSWIRE) -- Astronauts from the three different commercial space experiences that occurred in 2021 will appear on stage together in Las Vegas on Monday, 15 November, during 2021 ASCEND. ASCEND is the interdisciplinary community focused on building humanity’s off-…
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 Virgin Galactic Frequently Asked Questions

  • When was Virgin Galactic founded?

    Virgin Galactic was founded in 2004.

  • Who are Virgin Galactic key executives?

    Virgin Galactic's key executives are Michael Colglazier, Doug Ahrens and Wanda Austin.

  • How many employees does Virgin Galactic have?

    Virgin Galactic has 823 employees.

  • What is Virgin Galactic revenue?

    Latest Virgin Galactic annual revenue is $238 k.

  • What is Virgin Galactic revenue per employee?

    Latest Virgin Galactic revenue per employee is $289.

  • Who are Virgin Galactic competitors?

    Competitors of Virgin Galactic include Boeing, Blue Origin and SpaceX.

  • Where is Virgin Galactic headquarters?

    Virgin Galactic headquarters is located at 166 Roadrunner Pkwy #1C, Las Cruces.

  • Where are Virgin Galactic offices?

    Virgin Galactic has offices in Las Cruces and London.

  • How many offices does Virgin Galactic have?

    Virgin Galactic has 2 offices.