Virgin Galactic (SPCE) Revenue & Revenue Breakdown


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Virgin Galactic Revenue Highlights


Latest Revenue (Y)

$6.80M

Latest Revenue (Q)

$1.99M

Main Segment (Y)

Technology Service

Main Geography (Y)

Technology Service

Virgin Galactic Revenue by Period


Virgin Galactic Revenue by Year

DateRevenueChange
2023-12-31$6.80M194.12%
2022-12-31$2.31M-29.77%
2021-12-31$3.29M1283.19%
2020-12-31$238.00K-93.71%
2019-12-31$3.78M100.00%
2018-12-31-100.00%
2017-12-31--

Virgin Galactic generated $6.80M in revenue during NA 2023, up 194.12% compared to the previous quarter, and up Infinity% compared to the same period a year ago.

Virgin Galactic Revenue by Quarter

DateRevenueChange
2024-03-31$1.99M-29.33%
2023-12-31$2.81M62.56%
2023-09-30$1.73M-7.64%
2023-06-30$1.87M377.30%
2023-03-31$392.00K-54.89%
2022-12-31$869.00K13.30%
2022-09-30$767.00K114.85%
2022-06-30$357.00K11.91%
2022-03-31$319.00K126.24%
2021-12-31$141.00K-94.53%
2021-09-30$2.58M351.84%
2021-06-30$571.00K100.00%
2021-03-31-100.00%
2020-12-31-100.00%
2020-09-30-100.00%
2020-06-30--100.00%
2020-03-31$238.00K-93.71%
2019-12-31$3.78M354.45%
2019-09-30$832.00K30.41%
2019-06-30$638.00K-64.20%
2019-03-31$1.78M38.46%
2018-12-31$1.29M233.42%
2018-09-30$386.00K-42.30%
2018-06-30$669.00K31.95%
2018-03-31$507.00K100.00%
2017-12-31-100.00%
2017-09-30-100.00%
2017-06-30--

Virgin Galactic generated $1.99M in revenue during Q1 2024, up -29.33% compared to the previous quarter, and up 228.42% compared to the same period a year ago.

Virgin Galactic Revenue Breakdown


Virgin Galactic Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 20Dec 19
Technology Service$200.00K$2.80M
Spaceflight Operations-$800.00K
Sponsorship Revenue-$200.00K

Virgin Galactic's latest annual revenue breakdown by segment (product or service), as of Dec 20: Technology Service (100.00%).

Virgin Galactic Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 20Dec 19
Spaceflight Operations-$800.00K
Sponsorship Revenue-$200.00K
Technology Service$200.00K$2.80M

Virgin Galactic's latest annual revenue breakdown by geography, as of Dec 20: Technology Service (100.00%).

Virgin Galactic Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BABoeing Company$77.79B$16.87B
RTXRTX$68.92B$19.72B
LMTLockheed Martin$67.57B$18.12B
GDGeneral Dynamics$42.27B-
NOCNorthrop Grumman$39.29B$10.22B
LHXL3Harris$19.42B$5.30B
RKLBRocket Lab USA$244.59M$92.77M
RDWRadware$243.80M$78.11M
PLPlanet Labs PBC$220.70M$61.09M
SPCEVirgin Galactic$6.80M$1.99M
MNTSMomentus$3.09M$1.02M
EVEXEve--

SPCE Revenue FAQ


Virgin Galactic's yearly revenue for 2023 was $6.8M, representing an increase of 194.12% compared to 2022. The company's yearly revenue for 2022 was $2.31M, representing a decrease of -29.77% compared to 2021. SPCE's yearly revenue for 2021 was $3.29M, representing an increase of 1283.19% compared to 2020.

Virgin Galactic's quarterly revenue for Q1 2024 was $1.98M, a -29.33% decrease from the previous quarter (Q4 2023), and a 406.38% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $2.81M, a 62.56% increase from the previous quarter (Q3 2023), and a 223.25% increase year-over-year (Q4 2022). SPCE's quarterly revenue for Q3 2023 was $1.73M, a -7.64% decrease from the previous quarter (Q2 2023), and a 125.29% increase year-over-year (Q3 2022).

Virgin Galactic's revenue growth rate for the last 3 years (2021-2023) was 106.56%, and for the last 5 years (2019-2023) was 79.85%.

Virgin Galactic's revenue streams in c 20 are Technology Service

For the fiscal year ending Dec 20, the largest source of revenue of Virgin Galactic was Technology Service. This segment made a revenue of $200K, representing 100.00% of the company's total revenue.