Virgin Galactic announces first quarter 2026 financial results
The company reports a $65 million net loss and $251 million cash, progressing with SpaceShip ground tests and construction.
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Suborbital spaceflight services provider
virgingalactic.comLast updated
In short: Virgin Galactic moved toward resuming commercial space tourism in 2026 while managing quarterly net losses of approximately $65 million.
The company reports a $65 million net loss and $251 million cash, progressing with SpaceShip ground tests and construction.
Net loss improved to $63 million in Q4, cash at $338 million. Commercial spaceflights expected in Q4 2026.
Veteran technology leader and former Uber executive to drive revenue growth, market expansion, and customer acquisition.
Cash position remains strong at $424 million, net loss narrowed to $64 million, and commercial spaceflight on track for Q4 2026.
Virgin Galactic's Unity spaceplane performs a glide flight above Spaceport America in New Mexico May 27. Credit: Virgin Galactic AMSTERDAM — The Virgin Galactic spaceplane...
Virgin Galactic Holdings reported past first-quarter 2026 results showing sales of US$227,000 versus US$461,000 a year earlier, with net loss narrowing to US$64.72 million from...
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