---
schema_version: "secwatch.filing_event.v1"
accession: "0001706946-24-000234"
form_type: "8-K"
ticker: "SPCE"
cik: "0001706946"
company_name: "Virgin Galactic Holdings, Inc"
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:39:46.397641+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Virgin Galactic Q3 revenue $0.4M, net loss $75M; Delta spaceships on track for 2026

## Summary
- Revenue fell to $0.4M from $1.7M YoY as commercial spaceflights paused for Delta Class production.
- Net loss improved to $75M from $105M; adjusted EBITDA loss narrowed to $59M.
- Cash and marketable securities $744M; free cash flow negative $118M vs $105M prior year.
- Delta Class spaceship build phase underway; commercial service target 2026.
- Raised $37M via at-the-market share issuance of 4.9M shares.

## SEC filing metadata
- accession: 0001706946-24-000234
- form_type: 8-K
- ticker: SPCE
- cik: 0001706946
- company_name: Virgin Galactic Holdings, Inc
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1706946/000170694624000234/0001706946-24-000234-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1706946/000170694624000234/spce-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001706946-24-000234
- JSON: https://secwatch.observer/filing/0001706946-24-000234.json
- Plain text: https://secwatch.observer/filing/0001706946-24-000234.txt

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