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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $134.00K | $227.00K | $312.00K | $365.00K | $406.00K | $461.00K | $429.00K | $402.00K |
| Cost of revenue | $28.18M | $29.64M | $18.24M | $19.50M | $14.21M | $20.83M | $20.27M | $19.87M |
| Gross profit | −$28.05M | −$29.41M | −$17.93M | −$19.13M | −$13.80M | −$20.37M | −$19.84M | −$19.47M |
| Gross margin | -20931.3% | -12957.3% | -5746.2% | -5241.6% | -3399.0% | -4417.6% | -4625.2% | -4843.8% |
| Research and development | $4.34M | $6.71M | $12.08M | $14.95M | $20.12M | $33.31M | $28.24M | $23.94M |
| Selling, general and administrative | $28.56M | $25.55M | $26.80M | $27.97M | $31.85M | $30.55M | $29.70M | $33.98M |
| Operating expenses | $36.88M | $36.18M | $42.86M | $47.03M | $56.14M | $68.08M | $62.11M | $62.26M |
| Operating income | −$64.93M | −$65.59M | −$60.79M | −$66.17M | −$69.94M | −$88.45M | −$81.95M | −$81.73M |
| Operating margin | -48452.2% | -28895.2% | -19483.0% | -18127.7% | -17227.1% | -19186.1% | -19103.3% | -20330.3% |
| EBITDA | −$60.94M | −$61.68M | −$56.81M | −$62.05M | −$65.77M | −$84.23M | −$77.78M | −$77.39M |
| Interest income | $2.40M | $2.70M | $3.83M | $4.97M | $5.83M | $7.22M | $8.57M | $10.36M |
| Interest expense | −$1.99M | −$1.83M | −$3.05M | −$3.25M | −$3.25M | −$3.24M | −$3.24M | −$3.23M |
| Income before taxes | −$55.86M | −$64.69M | −$62.68M | −$64.42M | −$67.32M | −$84.44M | −$76.56M | −$74.44M |
| Income taxes | $30.00K | $30.00K | $41.00K | — | −$37.00K | $48.00K | −$145.00K | $105.00K |
| Net income | −$55.89M | −$64.72M | −$62.72M | −$64.42M | −$67.28M | −$84.49M | −$76.41M | −$74.54M |
| Net margin | -41708.2% | -28508.8% | -20103.5% | -17648.5% | -16571.4% | -18326.9% | -17811.9% | -18542.3% |
| EPS, basic | −$0.50 | −$0.81 | −$0.97 | −$1.09 | −$1.47 | −$2.38 | −$2.52 | −$2.66 |
| EPS, diluted | −$0.50 | −$0.81 | −$0.97 | −$1.09 | −$1.47 | −$2.38 | −$2.52 | −$2.66 |
| Diluted shares | 110.76M | 79.48M | 64.64M | 59.25M | 45.64M | 35.44M | 30.34M | 27.97M |
Figures describe Virgin Galactic shares, not any token. As of Aug 12, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.