Virgin Galactic Holdings Q3 2026 Earnings: Beat on EPS, Revenue Up 17%
Against expectations
EPS came in at −$0.39 against −$0.44 expected, +11.4%.
Estimate and actual: Nasdaq earnings calendar
- Revenue
- $427,000+17.0% vs $365,000
Show the lines from the releaseHide the lines from the release
- Revenue | $427 | $365 | $788 | $1,232
How the stock reacted
Fell 31.3% next session, from $2.67 (Nov 12 close) to $1.83 (Nov 13 close).
Its usual move on earnings is 10.2% either way, the middle of its last 8 reports (grey ticks).
Prices: Yahoo Finance
The outlook
The release gives no outlook we could read.
What management said
“Spaceship Apeiron’s arrival at Spaceport America shifts our focus towards operational readiness, as we now prepare for flight test and the launch of commercial spaceflight.”
Michael Colglazier, CEO, in the release
Apeiron’s arrival at Spaceport America moves the company toward flight testing and commercial spaceflight.
“With our second spaceship on track to join Apeiron and Eve in late Q2/early Q3 2027, we have initiated near-term growth projects expected to increase capacity from this initial fleet to a rate of 150 spaceflights per year by the end of 2028.”
Michael Colglazier, CEO, in the release
The next spaceship is expected in late Q2/early Q3 2027, while planned projects target capacity of 150 spaceflights per year by the end of 2028.
What to watch next
- Flight testing and the launch of commercial spaceflight.
- The second spaceship’s arrival in late Q2/early Q3 2027 and progress toward 150 spaceflights per year by the end of 2028.
Sources
- Earnings release (EX-99.1), SEC EDGAR
- 8-K filing index, SEC EDGAR
- EPS estimate and actual, Nasdaq earnings calendar
- Revenue estimate, Yahoo Finance
- Price history, Yahoo Finance
Filed Nov 12, 4:31 PM ET · updated yesterday, 4:12 PM ET