Virgin Galactic recorded a $62.7 million loss in its fourth quarter of 2025, translating to a $0.98 loss per share and $0.94 when adjusted for restructuring costs, on revenue of just $312,000. For the full year, the company reported a $278.9 million loss, or $5.44 per share, on total revenue of $1.5 million.

The company intends to ramp up commercial flights from one per week to eight per month, ultimately targeting 10 or more monthly flights by the second quarter of 2027. Capital expenditures will be heavily front-loaded in the first half of 2026 to complete the Delta-1 and Delta-2 vehicles, then taper as operations shift toward commercial service.

Chief Growth Officer Megan Pritchard will lead sales growth at Spaceport America, expand the suborbital model, and pursue partnerships for new spaceports. Ticket sales will begin with 50 tranches priced at $750,000 each, while the EVE launch system’s 12–15 flight capacity and a second spaceship delivery in late Q4 2026 or early Q1 2027 support the ramp plan.