Last 35 quarters of trend data · Industrials · Aerospace & Defense
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -0.65 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 143.83 | 212.71 | 165.21 | 156.65 | 76.72 | 58.23 | 103.67 | 106.12 | 10.73 | 77.30 | 87.17 | 97.88 | 152.02 |
| — | +265.3% | +59.4% | +47.6% | +615.1% | -24.7% | +18.9% | +8.4% | -92.9% | -89.3% | -68.3% | -75.8% | -86.1% | |
| P/B Ratio | 0.67 | 0.86 | 0.75 | 1.01 | 0.47 | 0.39 | 0.55 | 0.47 | 0.46 | 1.47 | 1.94 | 1.13 | 2.35 |
| — | +118.8% | +36.3% | +117.2% | +3.1% | -73.2% | -71.5% | -58.7% | -80.5% | -52.2% | -2.7% | -44.3% | -1.9% | |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Virgin Galactic Holdings, Inc.'s operating margin was -28895.2% in Q1 2026, down 9364.1 pp QoQ and down 9709.0 pp YoY. This marks the 4th consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of -20780.9% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 175.3% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -5680.7% | -14682.4% | -7019.9% | -6369.6% | -4426.4% | -5333.6% | -4625.2% | -4843.8% | -623.8% | -1224.4% | -766.4% | -1384.3% | 87.5% |
| — | -175.3% | -51.8% | -31.5% | -609.6% | -335.6% | -503.5% | -249.9% | -813.0% | -6586.2% | -94.9% | -6098.5% | +32.9% | |
| Operating Margin | -18335.0% | -28895.2% | -19531.1% | -17470.1% | -17227.1% | -19186.1% | -19103.3% | -20330.3% | -2412.1% | -5599.9% | -4067.8% | -6613.0% | -7459.4% |
| — | -50.6% | -2.2% | +14.1% | -614.2% | -242.6% | -369.6% | -207.4% | +67.7% | +86.6% | +76.9% | +65.2% | +75.7% | |
| Net Margin | -18063.9% | -28508.8% | -20103.5% | -17648.5% | -16571.4% | -18326.9% | -17811.9% | -18542.3% | -2222.2% | -5139.1% | -3701.8% | -6053.5% | -7181.4% |
| — | -55.6% | -12.9% | +4.8% | -645.7% | -256.6% | -381.2% | -206.3% | +69.1% | +87.4% | +78.7% | +68.1% | +76.8% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -93.6% | -26.0% | -25.1% | -26.3% | -25.1% | -28.4% | -22.2% | -19.6% | -23.1% | -22.1% | -18.8% | -19.3% | -31.6% |
| — | +8.5% | -13.0% | -34.4% | -8.8% | -28.6% | -18.0% | -1.5% | +26.9% | +41.3% | +31.7% | +16.2% | -99.9% | |
| ROA | -31.6% | -8.3% | -7.6% | -7.4% | -7.5% | -9.1% | -7.7% | -7.2% | -8.8% | -9.0% | -8.5% | -8.7% | -12.3% |
| — | +8.0% | +2.0% | -2.5% | +14.8% | -0.3% | +9.1% | +17.2% | +28.9% | +38.4% | +32.4% | +24.8% | -45.9% | |
| ROIC | -41.7% | -11.3% | -9.2% | -8.5% | -9.2% | -11.9% | -9.8% | -8.8% | -10.8% | -11.2% | -10.5% | -12.0% | -21.1% |
| — | +5.1% | +6.6% | +3.5% | +14.1% | -6.6% | +5.9% | +26.8% | +49.1% | +50.8% | +38.7% | +18.6% | -72.8% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The current ratio has weakened 73.7% YoY to 1.00x, tightening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.18 | 1.43 | 1.18 | 2.10 | 1.84 | 1.55 | 1.30 | 1.35 | 1.25 | 1.18 | 0.97 | 0.82 | 0.98 |
| — | -7.5% | -9.2% | +56.0% | +47.3% | +31.1% | +34.2% | +64.2% | +26.8% | -9.3% | -1.9% | +5.9% | +38.9% | |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Current Ratio | 1.78 | 1.00 | 1.78 | 2.87 | 3.38 | 3.81 | 4.19 | 4.52 | 4.71 | 4.88 | 5.12 | 5.97 | 5.45 |
| — | -73.7% | -57.4% | -36.5% | -28.1% | -21.9% | -18.3% | -24.4% | -13.6% | +1.2% | -5.9% | -6.2% | -15.4% | |
| Quick Ratio | 1.78 | 1.00 | 1.78 | 2.87 | 3.38 | 3.81 | 4.19 | 4.52 | 4.63 | 4.78 | 5.12 | 5.88 | 5.35 |
| — | -73.7% | -57.4% | -36.5% | -26.9% | -20.3% | -18.3% | -23.2% | -13.5% | +1.6% | -3.6% | -5.7% | -14.0% | |
| Interest Coverage | -22.15 | -35.88 | -20.01 | -19.62 | -21.54 | -27.30 | -22.65 | -22.02 | -28.02 | -30.59 | -31.18 | -31.46 | -40.77 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 35 years · Updated daily
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Quick answers to the most common questions about buying SPCE stock.
Virgin Galactic Holdings, Inc.'s current P/E is -0.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Virgin Galactic Holdings, Inc.'s current operating margin is -18335.0%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Virgin Galactic Holdings, Inc.'s business trajectory between earnings reports.