Virgin Galactic Q1 2025 net loss $84M; cash $567M; plans commercial spaceflight summer 2026

Virgin Galactic Holdings, Inc

2025-Q1 EPS reported -$2.38 revenue$461,000

Revenue $0.5M (down 75% YoY); net loss $84M vs $102M Q1 2024; adjusted EBITDA $(72)M.
Cash, equivalents and marketable securities $567M; free cash flow $(122)M; $31M raised via ATM (6.9M shares).
Future astronaut ticket sales expected to open in Q1 2026; first research spaceflight planned for summer 2026.
Private astronaut flights targeted for fall 2026; feasibility study underway for second spaceport in Italy.

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