Quick Answer
Virgin Galactic Holdings, Inc reported R&D Expense of $80.47 million for fiscal year 2025.
Virgin Galactic Holdings, Inc R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $80.47M | -47.3% |
| 2024 | $152.68M | -48.3% |
| 2023 | $295.14M | -6.1% |
| 2022 | $314.17M | +117.8% |
| 2021 | $144.22M | -6.6% |
| 2020 | $154.37M | +16.2% |
| 2019 | $132.87M | +12.7% |
| 2018 | $117.93M | +26.7% |
| 2017 | $93.08M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $14.95M | -37.5% | -25.7% |
| June 30, 2025 | $20.12M | -51.6% | -39.6% |
| March 31, 2025 | $33.31M | -43.5% | +39.2% |
| September 30, 2024 | $23.94M | -46.6% | -42.4% |
| June 30, 2024 | $41.53M | -52.0% | -29.6% |
| March 31, 2024 | $58.97M | -46.3% | +31.5% |
| September 30, 2023 | $44.85M | -54.0% | -48.2% |
| June 30, 2023 | $86.57M | +38.9% | -21.2% |
- Virgin Galactic Holdings, Inc showed a decrease of -47.3% in R&D Expense compared to the prior fiscal year.
- Over the 2017–2025 period, Virgin Galactic Holdings, Inc’s r&d expense has declined by 13.6% (from $93.08 million to $80.47 million).
- The most recent figure is from Virgin Galactic Holdings, Inc’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 30, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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