Virgin Galactic Announces Third Quarter 2026 Financial Results and Provides Business Update
Business Wire•12/11/2026•16:05 ET
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Key Highlights
- ➤$184 million cash, equivalents and marketable securities as of September 30, 2026
- ➤First commercial spaceflight expected early Q2 2027 after Apeiron’s January glide flight
- ➤Second spaceship expected to begin commercial spaceflight in late Q2/early Q3 2027
- ➤$850,000 per seat bookings opened for limited Spaceflight Expeditions tranche
- ➤Fourth-quarter free cash flow forecast at $(80) million to $(90) million
Expert Statements
Michael Colglazier, Chief Executive Officer of Virgin Galactic
“Spaceship Apeiron’s arrival at Spaceport America shifts our focus towards operational readiness, as we now prepare for flight test and the launch of commercial spaceflight.”
Michael Colglazier, Chief Executive Officer of Virgin Galactic
“With our second spaceship on track to join Apeiron and Eve in late Q2/early Q3 2027, we have initiated near-term growth projects expected to increase capacity from this initial fleet to a rate of 150 spaceflights per year by the end of 2028.”
Virgin Galactic Announces Third Quarter 2026 Financial Results and Provides Business Update
* First Glide Flight with Lead Spaceship, Apeiron, Expected in January, and First Commercial Spaceflight Expected Early Q2 2027
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