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Income Statement (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 460,000 | 7.5% |
| Gross Profit | -20M | 2.6% |
| Cost of Revenue | 21M | 2.7% |
| Operating expense | 89M | 43.1% |
| Net Income | -84M | 10.6% |
Balance Sheet (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 904M | 6% |
| Total Liabilities | 632M | 1.1% |
| Total Equity | 272M | 15.5% |
| Shares Outstanding | 40M | 32.2% |
Cash Flow (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | -76M | 6.3% |
| Cash from financing | 30M | 6.1% |
EPS
Financial Highlights for Virgin Galactic in Q1 '25
Virgin Galactic reported a revenue of 460,000, which is a 7.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at -20M, marking a -2.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 21M, a 2.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 89M, showing a 43.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -84M, showing a -10.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
Virgin Galactic faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
