Virgin Galactic Reports Q3 2026 Revenue Growth and Updates Commercial Flight Timeline
Virgin Galactic (SPCE) reported third-quarter 2026 revenue of $427,000, an increase from $365,000 in the prior year, driven primarily by astronaut access fees. While the company recorded a net loss of $58.8 million, this represents an improvement over the $64.4 million loss reported in Q3 2025 due to reduced operating expenses. The company maintains a cash position of $184 million. The company announced that software-hardware integration testing delays have pushed the commercial launch schedule for its Delta class spaceship, Apeiron, to early Q2 2027. To support operations and reach positive free cash flow by Q1 2028, Virgin Galactic is launching a $250 million at-the-market offering, with approximately $85 million earmarked for debt reduction.