OakChart

Virgin Galactic Holdings Inc

SPCEIndustrials·Aerospace & Defense·USA·Small·NYSE·Nov 11 • 3:59 PM ET

2.87+0.08 (2.87%)
2026-11-12 00:00 CET
Market cap
422.95 USD m
Revenue, TTM
1.04 USD m
Net income, TTM
-247.74 USD m
Free cash flow, TTM
-386.46 USD m
EPS diluted, TTM
-3.38
P/E
-
Compare

Price

SPCE against its 20, 50 and 200-day averages
2050200beatearnings
2.004.006.008.00143.0M286.1MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26SPCEclose 2.8720-day 2.5750-day 2.83200-day 2.902.8752w high52w low

67.8% under the 52-week high of 8.90 on 1 Jun 2026. 52-week low 2.13 on 30 Mar 2026. Last 15 sessions, 30.4% high to low

Volume 0.79× normal · the line is the 50-bar volume average

Profile

SPCE
52-week range, 11% of the way up
2.138.90

Virgin Galactic Holdings, Inc. is an aerospace and space travel company, which engages in the provision of consumer space experience using reusable spaceflight systems. The firm is also involved in designing, developing, and manufacturing, ground and flight testing, spaceflight operation, and post-flight maintenance of spaceflight systems. The company was founded on May 5, 2017 and is headquartered in Tustin, CA.

IndexRUT
Employees694
IPOSep 29, 2017
Beta3.03
ATR, 14d0.18
Rel volume0.79
Short float26.69%
Insider own0.57%
Inst own34.56%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap435.08M
Enterprise Value414.04M
Income-247.74M
Sales1.04M
Book/sh2.80
Cash/sh1.89
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout-
Employees694
IPOSep 29, 2017

Ratios

P/E-
Forward P/E-
PEG-
P/S418.34
P/B1.02
P/C1.52
P/FCF-
EV/EBITDA-
EV/Sales398.11
Quick Ratio1.62
Current Ratio1.62
Debt/Eq0.67
LT Debt/Eq0.57
Option/ShortYes / Yes

Earnings

EPS (ttm)-3.38
EPS next Y-0.92
EPS next Q-0.47
EPS this Y58.28%
EPS next Y59.46%
EPS next 5Y-
EPS past 3/5Y47.63% 37.89%
Sales past 3/5Y-12.59% 45.35%
EPS Y/Y TTM62.62%
Sales Y/Y TTM-38.87%
EPS Q/Q65.77%
Sales Q/Q-67.00%
EarningsNov 12 AMC
EPS/Sales Surpr.22.23% 5.76%

Ownership

Insider Own0.57%
Insider Trans2.37%
Inst Own34.56%
Inst Trans26.48%
ROA-28.89%
ROE-75.13%
ROIC-39.79%
Gross Margin-10646.53%
Oper. Margin-24587.76%
Profit Margin-23867.44%
SMA2011.63%
SMA501.38%
SMA200-1.14%
Trades-

Technical

Shs Outstand151.60M
Shs Float150.73M
Short Float26.69%
Short Ratio6.44
Short Interest40.23M
52W High8.90 -67.75%
52W Low2.13 34.74%
Volatility9.98% 6.64%
ATR (14)0.18
RSI (14)57.14
Beta3.03
Rel Volume0.79
Avg Volume6.24M
Volume4,916,686

Performance

Perf Week14.34%
Perf Month9.13%
Perf Quarter-8.60%
Perf Half Y-0.35%
Perf YTD-10.59%
Perf Year-21.15%
Perf 3Y-91.98%
Perf 5Y-99.26%
Perf 10Y-
Recom2.88
Target Price3.51
Prev Close2.79
Price2.87
Change %2.87%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Jun 30, 2025ResumedGGoldmanNeutral$3+4.5%
Jan 10, 2024UpgradeTTruistSell → Hold$1 → $3+4.5%
Nov 22, 2023DowngradeMMorgan StanleyEqual-Weight → Underweight$4 → $1.75-39.0%
Jun 14, 2023UpgradeAAlembic Global AdvisorsUnderweight → Neutral$4.75+65.5%
Feb 17, 2023UpgradeWWolfe ResearchUnderperform → Peer Perform
Jan 24, 2023InitiatedKKeyBanc Capital MarketsSector Weight
Jan 10, 2023InitiatedMMorgan StanleyEqual-Weight$4+39.4%
Oct 11, 2022InitiatedWWolfe ResearchUnderperform$4+39.4%
Sep 09, 2022DowngradeBBernsteinMkt Perform → Underperform$4+39.4%
Aug 05, 2022DowngradeTTruistHold → Sell$8 → $5+74.2%

Peers

Mkt cap
TickerCompanyMkt cap
SPCXSpace Exploration Technologies Corp1897.95B
VOYGVoyager Technologies Inc1.84B
FLYFirefly Aerospace Inc4.45B
RKLBRocket Lab Corp41.81B
LUNRIntuitive Machines Inc2.79B
FJETStarfighters Space Inc52.69M
RDWRedwire Corp2.10B
MNTSMomentus Inc43.49M
SIDUSidus Space Inc111.35M
PLPlanet Labs PBC5.22B

Insider trading

latest 14 of 18
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Ahrens Douglas TChief Financial OfficerOct 05 '26Option Exercise0.001,377089,281Oct 06 04:27 PM
Chitale AparnaCPO & EVP Astronaut OperationsOct 05 '26Option Exercise0.00524037,346Oct 06 04:26 PM
Colglazier Michael ACEO and PresidentOct 05 '26Option Exercise0.002,2730151,386Oct 06 04:25 PM
Ahrens Douglas TChief Financial OfficerJun 29 '26Option Exercise0.001,377088,647Jun 30 04:29 PM
Chitale AparnaCPO & EVP Astronaut OperationsJun 29 '26Option Exercise0.00525037,106Jun 30 04:29 PM
Colglazier Michael ACEO and PresidentJun 29 '26Option Exercise0.002,2730150,340Jun 30 04:28 PM
Strandberg Diana S.DirectorMay 19 '26Buy2.4920,00049,78070,930May 21 04:12 PM
Kim Sarah EEVP, CLO & Corporate SecretaryApr 07 '26Option Exercise0.0055,594062,602Apr 09 06:53 PM
Ahrens Douglas TChief Financial OfficerApr 07 '26Option Exercise0.00152,9960168,894Apr 09 06:53 PM
Chitale AparnaCPO & EVP Astronaut OperationsApr 07 '26Option Exercise0.0066,570072,125Apr 09 06:52 PM
Colglazier Michael ACEO and PresidentApr 07 '26Option Exercise0.00277,9450296,546Apr 09 06:52 PM
Kim Sarah EEVP, CLO & Corporate SecretaryMar 16 '26Option Exercise0.0011,853018,878Mar 18 04:40 PM
Ahrens Douglas TChief Financial OfficerMar 16 '26Option Exercise0.0035,560052,835Mar 18 04:39 PM
Chitale AparnaCPO & EVP, Customer OperationsMar 16 '26Option Exercise0.0013,470019,549Mar 18 04:36 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
XARState Street SPDR S&P Aerospace & Defense ETFAUM: 5.27B
IWMiShares Russell 2000 Index FundAUM: 77.38B
VXFVanguard Extended Market Index ETFAUM: 30.47B
ITAiShares U.S. Aerospace & Defense ETFAUM: 12.31B
IWNiShares Russell 2000 Value ETFAUM: 14.10B
FESMFidelity Enhanced Small Cap Core ETFAUM: 6.82B
VTWOVanguard Russell 2000 Index ETFAUM: 16.75B
SCHASchwab U.S. Small-Cap ETFAUM: 22.25B
PRFZInvesco RAFI US 1500 Small-Mid ETFAUM: 2.66B

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-12--0.469--0.337
2026Q22026-08-12-0.500-0.643-0.5000.130.137
2026Q12026-05-14-0.810-0.863-0.8140.230.207
2025Q42026-03-30-0.980-1.035-0.9770.310.416
2025Q32025-11-13-1.090-1.433-1.0870.370.348
2025Q22025-08-06-1.470-2.343-1.4740.410.456
2025Q12025-05-15-2.380-2.684-2.3840.460.297
2024Q42025-02-26-2.530-3.105-2.5260.432.507
2024Q32024-11-06-2.660-4.015-2.6650.402.069
2024Q22024-08-07-4.360-4.973-4.3654.223.368
2024Q12024-05-07-5.000-5.881-5.0961.992.058
2023Q42024-02-27-5.200-6.018-5.2022.812.989
2023Q32023-11-08-5.600-8.368-5.5661.731.089
2023Q22023-08-01-9.200-10.164-9.1651.872.5211
2023Q12023-05-09-11.400-10.400-11.4480.391.0611
2022Q42023-02-28-11.000-10.302-10.9730.870.3412

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY-18.678-18.206-21.7043.784.04
2020FY-25.000-24.160-58.8650.240.58
2021FY-28.600-30.062-28.5033.293.36
2022FY-37.800-37.206-37.8982.311.61
2023FY-29.800-31.319-29.7896.806.96
2024FY-13.890-15.560-13.8957.048.70
2025FY-5.440-5.184-5.4401.541.85
2026FY--2.270--2.23
2027FY--0.920--246.56
2028FY-0.048--503.31
2029FY-2.410--698.3

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q3S2026-10-276000.330.000.40
2026Q3S2026-08-136400.330.000.40
2026Q3S2026-07-296000.230.000.40
2026Q3S2026-05-156030.230.000.40
2026Q3S2026-04-016001.080.005.00
2026Q3S2026-03-315001.220.005.00
2026Q3S2026-01-283001.800.005.00
2026Q3S2025-11-143011.800.005.00
2026Q3S2025-11-111002.002.002.00
2026Q3S2025-11-101002.002.002.00
2026Q3S2025-11-091002.002.002.00
2026Q3S2025-11-081002.002.002.00
2026Q3S2025-11-071002.002.002.00
2026Q3S2025-11-061002.002.002.00

Estimate history

EPS, annual0.79-14.266-21.704-58.865-28.503-37.898-29.789-13.895-5.443-3.3825
Period201720182019202020212022202320242025TTM
EPS, quarterly-4.365-2.665-2.526-2.384-1.474-1.087-0.977-0.814-0.505
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Sales, annual02.8493.7810.2383.2922.3126.87.0361.5441.04
Period201720182019202020212022202320242025TTM
Sales, quarterly4.220.4020.4290.4610.4060.3650.3120.2270.134
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Shares, annual4.3139.6839.811.80612.90813.7719.99532.99673.327141.278
Period201720182019202020212022202320242025MRQ
Shares, quarterly23.98428.86532.99639.99155.78763.17173.32781.409141.278
PeriodQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue1.041.547.046.802.313.290.243.782.85
Cost of Goods Sold Incl. D&A111.5589.25105.4963.9113.0011.799.959.007.01
Gross Profit-110.51-87.71-98.45-57.11-10.69-8.50-9.72-5.22-4.16
Selling, General and Administrative Excl. Other144.71195.38278.17470.00489.29310.84265.57155.14163.03
Research and Development38.0980.47152.68295.14314.17144.28154.46129.17116.73
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income-255.22-283.09-376.63-527.11-499.98-319.33-275.28-160.36-167.19
Interest Expense10.1212.7812.9312.8712.130.030.030.040.01
Unusual Expense-3.595.050.004.400.0034.85371.8552.90-28.00
Net Income Before Taxes-247.64-278.86-346.67-501.88-499.55-352.82-644.88-210.87-137.99
Income Taxes0.100.050.070.450.600.080.010.060.15
Consolidated Net Income-247.74-278.91-346.74-502.34-500.15-352.90-644.89-210.94-138.14
Net Income From Continuing Operations-247.74-278.91-346.74-502.34-500.15-352.90-644.89-210.94-138.14
Net Income-247.74-278.91-346.74-502.34-500.15-352.90-644.89-210.94-138.14
EPS (Recurring)-2.26-5.37-13.89-29.61-37.90-26.53-35.11-17.89-16.29
EPS (Basic, Before Extraordinaries)-3.38-5.44-13.89-29.79-37.90-28.50-58.86-21.70-14.27
EPS (Diluted)-3.38-5.44-13.89-29.79-37.90-28.50-58.86-21.70-14.27
EBITDA-239.23-266.61-361.16-513.74-488.89-307.82-265.50-153.36-161.38
Non-Operating Income (Expense)14.1022.0742.8942.5012.561.392.292.421.20
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense16.8214.7723.5034.9636.1145.1222.141.75-
Price To Earnings Ratio--------54.09
Price To Sales Ratio308.37106.5320.85121.51397.291,006.4221,846.35593.78679.76
Gross Margin-10,646.53-5,680.70-1,399.30-839.81-462.46-258.14-4,082.35-138.11-145.98
Operating Margin-24,587.76-18,335.04-5,352.89-7,751.63-21,625.61-9,700.33-115,665.55-4,241.26-5,868.23
Net Margin-23,867.44-18,063.92-4,928.08-7,387.31-21,632.87-10,719.90-270,960.92-5,578.82-4,848.68
Shares Outstanding141.2873.3333.0020.0013.7712.9111.819.809.68
Market Capitalization422.95422.95169.79978.98955.193,454.275,603.212,263.81862.50

Income statement, quarterly

Currency USD, millions
Metric2026Q22026Q12025Q42025Q32025Q22025Q12024Q42024Q3
Total Revenue0.130.230.310.360.410.460.430.40
Cost of Goods Sold Incl. D&A32.1633.5622.2123.6118.3825.0524.4424.21
Gross Profit-32.03-33.33-21.90-23.25-17.97-24.59-24.01-23.81
Selling, General and Administrative Excl. Other32.9032.2639.0340.5251.9763.8657.9457.91
Research and Development4.346.7112.0814.9520.1233.3128.2423.94
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income-64.93-65.59-60.94-63.77-69.94-88.45-81.95-81.73
Interest Expense1.991.833.043.253.253.243.243.23
Unusual Expense-8.640.002.652.400.000.000.000.00
Net Income Before Taxes-55.86-64.69-62.68-64.42-67.32-84.44-76.56-74.44
Income Taxes0.030.030.040.00-0.040.05-0.140.10
Consolidated Net Income-55.89-64.72-62.72-64.42-67.28-84.49-76.41-74.54
Net Income From Continuing Operations-55.89-64.72-62.72-64.42-67.28-84.49-76.41-74.54
Net Income-55.89-64.72-62.72-64.42-67.28-84.49-76.41-74.54
EPS (Recurring)-0.56-0.81-0.95-1.06-1.47-2.38-2.53-2.66
EPS (Basic, Before Extraordinaries)-0.50-0.81-0.98-1.09-1.47-2.38-2.53-2.66
EPS (Diluted)-0.50-0.81-0.98-1.09-1.47-2.38-2.53-2.66
EBITDA-60.94-61.68-56.96-59.65-65.77-84.22-77.78-77.39
Non-Operating Income (Expense)2.422.733.955.005.877.258.6310.53
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense5.393.263.464.723.823.774.515.97
Price To Sales Ratio308.37147.44133.54137.7073.3819.4825.2818.12
Gross Margin-23,903.73-14,682.38-7,019.87-6,369.59-4,426.35-5,333.62-5,597.44-5,923.63
Operating Margin-48,452.24-28,895.15-19,531.09-17,470.14-17,227.09-19,186.12-19,103.26-20,330.35
Net Margin-41,708.21-28,508.81-20,103.53-17,648.49-16,571.43-18,326.90-17,811.89-18,542.29
Shares Outstanding141.2881.4173.3363.1755.7939.9933.0028.86
Market Capitalization422.95177.70202.87222.30113.50107.65169.79173.75

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments338.03595.51910.83949.34629.45678.96492.7281.370.70
Short Term Receivables2.004.204.604.502.300.000.4610.250.66
Inventories0.000.0016.3024.0429.6730.4826.8223.290.00
Other Current Assets32.8728.2319.1023.7317.1818.4916.674.200.27
Total Current Assets372.90627.94950.831,001.61678.59727.93536.67119.101.63
Net Property, Plant & Equipment425.61267.15152.33102.1282.9872.7066.2634.210.00
Total Investments and Advances0.0061.2871.6030.39301.460.000.000.00691.94
Intangible Assets-----0.00-0.000.00
Other Assets4.674.864.765.815.793.362.622.730.00
Total Assets803.18961.231,179.521,139.941,068.83803.99605.55156.04693.57
Short Term Debt Incl. Current Port. of LT Debt56.305.604.353.022.512.692.400.060.00
Accounts Payable15.163.7032.4116.339.246.007.047.220.00
Other Current Liabilities137.85140.71148.90164.71119.77106.33106.4199.050.36
Total Current Liabilities209.32150.01185.66184.05131.52115.02115.84106.320.36
Long Term Debt318.64487.51486.75472.3739.9724.4622.140.000.00
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Other Liabilities1.251.421.633.303.08137.430.008.1624.15
Total Liabilities529.22638.95674.04659.72174.57276.91137.99114.4824.51
Non-Equity Reserves0.000.000.000.000.000.000.000.00664.06
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity273.96322.28505.48480.22894.26527.08467.5641.565.00
Total Shareholders Equity273.96322.28505.48480.22894.26527.08467.5641.565.00
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity273.96322.28505.48480.22894.26527.08467.5641.565.00
Total Liabilities & Stockholders Equity803.18961.231,179.521,139.941,068.83803.99605.55156.04693.57
Book Value Per Share3.749.7725.2834.8769.2844.6447.714.291.16
Tangible Book Value Per Share3.749.7725.2834.8769.2844.6447.714.291.16
Full-Time Employees6947448051,16680482390655
Price to Book Ratio1.000.461.631.563.868.464.841.27174.05
Return on Assets-31.61-32.39-43.32-45.29-37.69-91.50-32.20-32.52-
Return on Equity-93.55-83.78-101.93-72.78-45.34-129.67-36.76-593.39-
Return on Invested Capital-47.06-42.82-50.63-52.50-37.77-116.93-43.07-332.3926.61
Quick Ratio1.784.195.035.314.936.064.400.904.56
Current Ratio1.784.195.125.445.166.334.631.124.56

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income-247.74-278.91-346.74-502.34-500.15-352.90-644.89-210.94-138.14
Depreciation15.9916.4815.4713.3711.1011.529.787.005.81
Other Funds (Non Cash)10.6014.9116.8132.8558.5196.47402.272.50-0.52
Funds from Operations-221.15-247.51-314.46-456.12-430.55-244.91-232.83-201.44-132.85
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital8.707.37-38.247.9350.3114.15-0.33-2.12-12.85
Cash from Operating Activities-212.45-240.14-352.70-448.19-380.24-230.76-233.16-203.56-145.70
Capital Expenditures-174.01-198.04-121.86-44.31-16.49-4.63-17.20-19.41-10.59
Net Assets From Acquisitions0.000.000.000.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.000.000.000.00
Purchase or Sale of Investments249.19288.88296.90-71.96-269.68-382.880.000.000.00
Purchase of Investments-160.24-313.04-543.43-1,009.84-704.57-382.880.000.000.00
Sale Or Maturity of Investments409.43601.92840.34937.87434.890.000.000.000.00
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources0.010.010.610.000.000.000.000.000.00
Cash from Investing Activities75.1990.84175.66-116.27-286.17-387.52-17.20-19.41-10.59
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock282.43224.46135.74478.91103.38519.98462.78634.42156.68
Repurchase of Common Pref Stock0.000.000.000.000.000.000.00-48.010.00
Sale of Common Pref Stock282.43224.46135.74478.91103.38519.98462.78682.43156.68
Proceedsfrom Stock Options219.44161.47135.74478.91103.33500.00460.20682.43156.68
Issuance or Reduction of Debt, Net-118.37-110.14-0.19-0.23413.18-0.45-0.43-0.10-0.09
Change in Long Term Debt-118.37-110.14-0.19-0.23413.49-0.45-0.43-0.10-0.09
Issuance of Long Term Debt210.67210.670.000.00413.720.000.000.000.00
Reduction of Long Term Debt-329.04-320.81-0.19-0.23-0.23-0.45-0.43-0.10-0.09
Net Financing Active Other Cash Flow-2.12-0.18-1.21-3.24-57.55-30.17-25.750.000.00
Other Financing Activities Uses-2.12-0.18-1.21-3.24-57.55-30.17-25.750.000.00
Cash from Financing Activities161.94114.13134.34475.43459.00489.36436.59634.32156.59
Net Change in Cash24.68-35.17-42.71-89.03-207.40-128.93186.23411.350.30
Free Cash Flow-386.46-438.19-474.56-492.50-396.73-235.40-250.36-222.97-156.29
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Deferred Taxes & Investment Tax Credit-0.000.000.000.000.000.000.000.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q22026Q12025Q42025Q32025Q22025Q1
Cash & Short Term Investments286.13250.53338.03423.57499.51520.91
Short Term Receivables0.501.002.002.002.803.50
Inventories0.000.000.000.000.000.00
Other Current Assets25.9631.9332.8733.4130.4823.16
Total Current Assets312.58283.46372.90458.98532.79547.57
Net Property, Plant & Equipment499.30462.14425.61388.40353.04305.94
Total Investments and Advances0.000.000.000.008.2445.60
Other Assets4.394.634.676.164.744.82
Total Assets816.28750.23803.18853.54898.82903.93
Short Term Debt Incl. Current Port. of LT Debt38.65125.7756.308.236.585.79
Accounts Payable20.7617.0415.169.4410.352.96
Other Current Liabilities133.11139.81137.85142.34140.50135.07
Total Current Liabilities192.52282.61209.32160.01157.43143.82
Long Term Debt226.44242.66318.64466.30476.64486.56
Provision for Risks Charges0.000.000.000.000.000.00
Other Liabilities1.201.231.251.331.381.38
Total Liabilities420.16526.50529.22627.65635.44631.76
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity396.11223.73273.96225.90263.37272.17
Total Shareholders Equity396.11223.73273.96225.90263.37272.17
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity396.11223.73273.96225.90263.37272.17
Total Liabilities & Stockholders Equity816.28750.23803.18853.54898.82903.93
Book Value Per Share2.802.753.743.584.726.81
Tangible Book Value Per Share2.802.753.743.584.726.81
Full-Time Employees--694---
Price to Book Ratio1.000.650.900.820.400.31
Return on Assets-28.89-31.33-31.61-31.30-30.87-33.22
Return on Equity-75.13-104.51-93.55-98.87-91.98-95.46
Return on Invested Capital-8.98-13.88-10.58-9.31-9.09-11.14
Quick Ratio1.621.001.782.873.383.81
Current Ratio1.621.001.782.873.383.81

Cash flow, quarterly

Currency USD, millions
Metric2026Q22026Q12025Q42025Q32025Q22025Q1
Net Income-55.89-64.72-62.72-64.42-67.28-84.49
Depreciation3.983.923.974.124.174.22
Other Funds (Non Cash)-1.814.214.273.933.583.13
Funds from Operations-53.72-56.58-54.48-56.37-59.52-77.13
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital3.553.082.000.074.081.22
Cash from Operating Activities-50.17-53.50-52.48-56.30-55.45-75.92
Capital Expenditures-40.57-39.81-42.15-51.48-58.36-46.05
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments27.7667.58103.1350.7281.5253.51
Purchase of Investments-34.60-33.52-6.29-85.83-116.32-104.61
Sale Or Maturity of Investments62.37101.10109.42136.55197.84158.12
Other Uses0.000.000.000.000.000.00
Other Sources0.010.000.000.000.000.01
Cash from Investing Activities-12.7927.7860.98-0.7723.167.47
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock131.2310.52118.4722.2053.9729.81
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock131.2310.52118.4722.2053.9729.81
Proceedsfrom Stock Options131.2310.5255.4822.2053.9729.81
Issuance or Reduction of Debt, Net-3.30-5.03-109.99-0.06-0.05-0.05
Change in Long Term Debt-3.30-5.03-109.99-0.06-0.05-0.05
Issuance of Long Term Debt0.000.00210.670.000.000.00
Reduction of Long Term Debt-3.30-5.03-320.66-0.06-0.05-0.05
Net Financing Active Other Cash Flow-2.03-0.01-0.07-0.01-0.06-0.05
Other Financing Activities Uses-2.03-0.01-0.07-0.01-0.06-0.05
Cash from Financing Activities125.915.488.4222.1453.8629.71
Net Change in Cash62.94-20.2416.92-34.9321.57-38.73
Free Cash Flow-90.74-93.31-94.63-107.79-113.81-121.97

Revenue breakdown

Transportation Services2024: 7.04M 2025: 1.54M
United States2024: 7.04M 2025: 1.54M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3026.69%40.2M150.7M6.45M
2026-10-1525.95%39.1M150.7M6.86M
2026-09-3024.46%36.8M150.6M8.10M
2026-09-1522.48%33.9M150.6M10.87M
2026-08-3123.95%36.1M150.6M25.78M
2026-08-1425.84%38.9M150.6M31.44M
2026-07-3129.08%38.7M132.9M31.07M
2026-07-15-40.1M-31.52M
2026-06-3040.68%42.1M103.5M31.29M
2026-06-1536.00%35.9M99.8M27.49M
2026-05-2922.51%22.5M99.7M12.08M
2026-05-1522.68%22.7M100.1M6.32M
2026-04-3027.13%21.9M80.6M5.34M
2026-04-1524.33%19.6M80.6M4.80M
2026-03-3122.54%18.2M80.9M3.42M
2026-03-1323.31%16.9M72.7M3.85M
2026-02-2721.19%15.4M72.7M4.35M
2026-02-1323.43%17.0M72.7M4.52M
2026-01-3022.29%16.2M72.6M4.50M
2026-01-1521.99%16.0M72.6M4.38M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call0.502.282.442.4419.56914.0011.000.992-0.0160.000
call1.001.551.921.9210.93510.002.000.985-0.0160.000
call1.501.001.951.3120.01219.000.000.977-0.0150.000
call2.000.520.900.883.90416.006.000.963-0.0140.000
call2.500.370.430.402.51033683.000.821-0.0340.001
call3.000.100.120.122.3899,0853,5270.428-0.0510.001
call3.500.020.030.022.3471,4333100.134-0.0280.000
call4.000.010.030.023.3632,2531550.102-0.0330.000
call4.500.000.010.013.3541551,1180.039-0.0160.000
call5.000.000.030.053.9916.000.000.034-0.0170.000
call5.500.000.030.054.68116.000.000.052-0.0270.000
call6.000.000.030.065.00310.000.000.029-0.0180.000
put0.500.000.010.0112.72532.000.00-0.008-0.0160.000
put1.000.000.070.387.8191.000.00-0.015-0.0160.000
put1.500.000.750.015.03914.000.00-0.023-0.0150.000
put2.000.000.020.013.0442,715345-0.037-0.0140.000
put2.500.030.040.042.33611,992365-0.179-0.0340.001
put3.000.150.260.262.272397114-0.572-0.0510.001
put3.500.560.860.595.39511.008.00-0.866-0.0280.000
put4.000.811.581.189.59246.0012.00-0.898-0.0330.000
put4.501.541.861.677.84027.0025.00-0.961-0.0150.000
put5.001.912.432.179.7343.0012.00-0.966-0.0160.000
put5.502.412.802.668.5838.002.00-0.969-0.0170.000
put6.002.953.503.0912.19816.004.00-0.971-0.0180.000

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-10SCHEDULE 13GSEC
2026-10-27SCHEDULE 13G/ASEC
2026-10-064Statement of changes in beneficial ownership of securities2026-10-05SEC
2026-10-064Statement of changes in beneficial ownership of securities2026-10-05SEC
2026-10-064Statement of changes in beneficial ownership of securities2026-10-05SEC
2026-09-284Statement of changes in beneficial ownership of securities2026-09-25SEC
2026-08-188-KCurrent report2026-08-18SEC
2026-08-1210-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-128-KCurrent report2026-08-12SEC
2026-08-07SCHEDULE 13GSEC
2026-07-31SCHEDULE 13GSEC
2026-07-30SCHEDULE 13GSEC
2026-07-17S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-07-17424B7SEC
2026-06-304Statement of changes in beneficial ownership of securities2026-06-29SEC
2026-06-304Statement of changes in beneficial ownership of securities2026-06-29SEC
2026-06-304Statement of changes in beneficial ownership of securities2026-06-29SEC
2026-06-298-K/A2026-06-22SEC
2026-06-228-KCurrent report2026-06-22SEC
2026-06-164Statement of changes in beneficial ownership of securities2026-06-15SEC
2026-06-158-KCurrent report2026-06-11SEC
2026-06-123Initial statement of beneficial ownership of securities2026-06-11SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-11SEC
2026-06-11S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-0549.78K100
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.8.10%
STATE STREET CORP7.59%
Context Capital Management, LLC6.28%
VANGUARD CAPITAL MANAGEMENT LLC4.27%
UBS Group AG3.14%
RENAISSANCE TECHNOLOGIES LLC2.69%
GEODE CAPITAL MANAGEMENT, LLC2.42%
MILLENNIUM MANAGEMENT LLC1.46%
SUSQUEHANNA INTERNATIONAL GROUP, LLP0.97%
MORGAN STANLEY0.94%

Funds

Fund% owned
State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF5.81%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.07%
iShares Russell 2000 ETF2.40%
VANGUARD EXTENDED MARKET INDEX FUND1.11%
iShares U.S. Aerospace & Defense ETF0.97%
iShares Russell 2000 Value ETF0.82%
Fidelity Small Cap Index Fund0.79%
Nuveen Equity Index Fund0.45%
Invesco RAFI US 1500 Small-Mid ETF0.42%
Procure Space ETF0.37%

OakChart. SPCE. Cached 15 minutes.