Virgin Galactic

Virgin Galactic reported Q2 2026 revenue of $134,000, well below the analyst consensus of about $1.06 million, prompting a roughly 10.9% premarket drop. The company pushed the first commercial flight to February 2027, citing additional time needed for avionics and system installations. Adjusted loss per share of $0.50 beat estimates, a flight tranche priced at $750,000 was oversubscribed, and the community now counts over 700 members. However, the quarterly report raises substantial doubts about the company’s ability to fund operations over the next twelve months; $134 million was raised in the quarter via an at‑the‑market program, which caused dilution. » More on de.investing.com

Virgin Galactic will release results for the quarter ended June 30, 2026, on August 12, 2026. Seven analysts on average forecast an EPS loss of -$0.643 (prior year: -$1.470) and expect quarterly revenue of about $0.1 million, down from $0.4 million in the year-ago quarter. For the current fiscal year, analysts see an average loss of -$2.533 per share and annual revenue of roughly $10.4 million (prior year: $1.5 million). » More on finanzen.net

Virgin Galactic announced it will prepay up to $30.5 million of its 9.80% senior notes (maturing 2026/2027) by issuing common stock, with $20.4 million of the amount due September 30, 2026 and at least $10.1 million due December 31, 2027. The redemption is to occur at par plus accrued interest on June 10, 2026; the exact redemption amount and number of shares issued will be determined based on the volume-weighted average price over a five‑day observation period, with a floor that could trigger a reduction in the repayment. If fully executed, no further principal repayments on these notes would be due through March 31, 2028; the move is part of the capital- and cash-management strategy ahead of planned commercial operations in Q4 2026. The company had already repaid $10 million on May 18, 2026, reported lower operating costs and improved cash flow in Q1 2026 but remains net loss-making; flight operation tests have resumed and a $2.75 million settlement in a shareholder lawsuit was provisionally approved. » More on de.investing.com