Virgin Galactic Holdings Return on Equity (ROE) Growth & History (SPCE)
Virgin Galactic Holdings's return on equity was −93.55% for fiscal 2025.
View full Virgin Galactic Holdings company overviewVirgin Galactic Holdings annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −93.55% | −9.78 pp |
| 2024 | 2024-12-31 | −83.78% | +18.15 pp |
| 2023 | 2023-12-31 | −101.93% | −29.15 pp |
| 2022 | 2022-12-31 | −72.78% | −23.12 pp |
| 2021 | 2021-12-31 | −49.66% | +98.54 pp |
| 2020 | 2020-12-31 | −148.20% | −36.39 pp |
| 2019 | 2019-12-31 | −111.81% | +315.69 pp |
| 2018 | 2018-12-31 | −427.50% | — |
Virgin Galactic Holdings quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −18.03% | +7.09 pp |
| Q1 2026 | 2026-03-31 | −26.01% | +2.42 pp |
| Q4 2025 | 2025-12-31 | −25.10% | −2.89 pp |
| Q3 2025 | 2025-09-30 | −26.33% | −6.74 pp |
| Q2 2025 | 2025-06-30 | −25.13% | −2.04 pp |
| Q1 2025 | 2025-03-31 | −28.43% | −6.32 pp |
| Q4 2024 | 2024-12-31 | −22.20% | −3.38 pp |
| Q3 2024 | 2024-09-30 | −19.59% | −0.29 pp |
| Q2 2024 | 2024-06-30 | −23.09% | +8.48 pp |
| Q1 2024 | 2024-03-31 | −22.10% | +15.53 pp |
| Q4 2023 | 2023-12-31 | −18.82% | +8.75 pp |
| Q3 2023 | 2023-09-30 | −19.30% | +3.73 pp |
| Q2 2023 | 2023-06-30 | −31.57% | −15.78 pp |
| Q1 2023 | 2023-03-31 | −37.64% | −26.33 pp |
| Q4 2022 | 2022-12-31 | −27.58% | −18.91 pp |
| Q3 2022 | 2022-09-30 | −23.03% | −16.19 pp |
| Q2 2022 | 2022-06-30 | −15.79% | +5.95 pp |
| Q1 2022 | 2022-03-31 | −11.30% | +16.09 pp |
| Q4 2021 | 2021-12-31 | −8.67% | +9.40 pp |
| Q3 2021 | 2021-09-30 | −6.84% | +13.95 pp |
| Q2 2021 | 2021-06-30 | −21.74% | +3.24 pp |
| Q1 2021 | 2021-03-31 | −27.39% | +87.62 pp |
| Q4 2020 | 2020-12-31 | −18.06% | +21.14 pp |
| Q3 2020 | 2020-09-30 | −20.79% | +76.78 pp |
| Q2 2020 | 2020-06-30 | −24.98% | +61.03 pp |
| Q1 2020 | 2020-03-31 | −115.02% | −18.19 pp |
| Q4 2019 | 2019-12-31 | −39.21% | +157.18 pp |
| Q3 2019 | 2019-09-30 | −97.57% | +686.11 pp |
| Q2 2019 | 2019-06-30 | −86.01% | +167.51 pp |
| Q1 2019 | 2019-03-31 | −96.82% | +192.21 pp |
| Q4 2018 | 2018-12-31 | −196.38% | — |
| Q3 2018 | 2018-09-30 | −783.68% | — |
| Q2 2018 | 2018-06-30 | −253.52% | — |
| Q1 2018 | 2018-03-31 | −289.04% | — |
Virgin Galactic Holdings return on equity trends
Over the last five fiscal years, Virgin Galactic Holdings's return on equity increased from −148.20% to −93.55%, a change of +54.64 percentage points. The latest reported quarter, Q2 2026, shows −18.03%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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