Virgin Galactic Holdings Gross Margin Growth & History (SPCE)

Virgin Galactic Holdings's gross margin was 91.74% for fiscal 2021.

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Virgin Galactic Holdings annual gross margin history

Virgin Galactic Holdings annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20212021-12-3191.74%+64.43 pp
20202020-12-3127.31%−19.69 pp
20192019-12-3147.00%−10.85 pp
20182018-12-3157.84%−14.33 pp
20172017-12-3172.18%

Virgin Galactic Holdings gross margin trends

Across the available reported history, Virgin Galactic Holdings's gross margin increased from 27.31% to 91.74%, a change of +64.43 percentage points. The latest reported quarter, Q4 2021, shows 98.58%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Virgin Galactic Holdings filings at SEC.gov ↗