Virgin Galactic Q2 FY26 net loss narrows to $56 million; revenue slips to $134,000

Reuters2026/08/12 20:07

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Virgin Galactic posted Q2 net loss of USD 56 million, narrowing from a USD 67 million loss a year earlier.
Revenue slipped to 134,000 from 406,000, reflecting access fees tied to future astronauts.
GAAP operating expenses eased to USD 65.06 million from USD 70.35 million; adjusted EBITDA held at USD -52 million.
Free cash flow improved to USD -91 million from USD -114 million; cash, equivalents and marketable securities totaled USD 286 million.
First commercial spaceflight shifted to February 2027; October 2026 flight-test phase start, Q4 2026 rocket production, positive quarterly cash flow targeted in 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Virgin Galactic Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608121605BIZWIRE_USPR_____20260812_BW211408) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Virgin Galactic Q2 FY26 net loss narrows to $56 million; revenue slips to $134,000

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