---
schema_version: "secwatch.filing_event.v1"
accession: "0001706946-24-000173"
form_type: "8-K"
ticker: "SPCE"
cik: "0001706946"
company_name: "Virgin Galactic Holdings, Inc"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:49:24.969542+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Virgin Galactic Q2 2024: revenue $4M, net loss $94M; Delta spaceships on track for 2026

## Summary
- Revenue rose to $4M (up from $2M YoY); net loss narrowed to $94M from $134M.
- Cash and securities total $821M; free cash flow negative $(114)M; $64M raised via ATM.
- 'Galactic 07' generated record $900K per seat; VSS Unity operational phase completed.
- Delta Class spaceships on schedule for commercial service in 2026; Phoenix assembly facility done.
- Adjusted EBITDA improved to $(79)M from $(116)M; GAAP op expenses fell to $106M.

## SEC filing metadata
- accession: 0001706946-24-000173
- form_type: 8-K
- ticker: SPCE
- cik: 0001706946
- company_name: Virgin Galactic Holdings, Inc
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1706946/000170694624000173/0001706946-24-000173-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1706946/000170694624000173/spce-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001706946-24-000173
- JSON: https://secwatch.observer/filing/0001706946-24-000173.json
- Plain text: https://secwatch.observer/filing/0001706946-24-000173.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.