Virgin Galactic reports Q2 2026 financial results with net loss of $56 million
Oversubscribed $750,000 spaceflight tranche adds over $50 million; first commercial flight delayed to February 2027; positive quarterly cash flow expected within 2027.
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Suborbital spaceflight services provider
virgingalactic.comLast updated
In short: Virgin Galactic reported a $56 million Q2 loss and delayed its commercial Delta-class flights to February 2027 due to avionics issues.
Oversubscribed $750,000 spaceflight tranche adds over $50 million; first commercial flight delayed to February 2027; positive quarterly cash flow expected within 2027.
The settlement resolves shareholder derivative lawsuits, with a $2.75 million payment from insurers and governance reforms.
These flights support pilot training and operational readiness ahead of new Spaceship operations, with glide tests expected in Q3 2026 and commercial flights in Q4 2026.
The company reports a $65 million net loss and $251 million cash, progressing with SpaceShip ground tests and construction.
Virgin Galactic got final court approval for a settlement resolving derivative shareholder litigation that said its leaders had concealed spaceship safety problems. A New York...
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In a report released today, Charles Minervino from Susquehanna maintained a Hold rating on Virgin Galactic Holdings, with a price target of $3.00. Claim 55...
Virgin Galactic Delta class delay has pushed the first commercial spaceflight to February 2027, with year-end 2026 cash reserves potentially falling as low as $65...
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