Virgin Galactic projects Q2 loss as it pushes space tourism and new Delta-Class ship

Virgin Galactic will publish its second‑quarter 2026 financial results on 5 August. Analysts expect a loss of about $0.60 per share on roughly $127 000 of revenue, compared with a $0.81 per‑share loss and $230 000 revenue in the first quarter. The company continues testing its next‑generation spacecraft, with the newly designed Delta‑Class SpaceShip slated to enter service in late 2026 or early 2027 and tickets priced at $750 000 per seat.

The firm’s market value is estimated at about $343 million, far below Space Exploration Technologies (SpaceX), which has a market capitalisation of roughly $1.47 billion and peaked at $2.97 billion in 2021. Virgin Galactic’s 2025 revenue was $2 million, up from $7 million in 2024, while its deficit narrowed from $347 million to $249 million. The upcoming earnings release will indicate whether the company can improve profitability as it seeks higher flight frequency.

The report highlights the contrast between Virgin Galactic’s tourism‑focused model and SpaceX’s broader commercial and deep‑space activities, underscoring the financial challenges of the emerging space‑tourism sector.