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Virgin Galactic Holdings, Inc (SPCE): R&D Expense

Annual figures by period end, from SEC filings.

Restated years: each year's figure is from the latest filing that reports it. The company later restated the year ended 2020-12-31 (for example after a spin-off or a discontinued operation), while the year before it was last reported on the old basis. Changes across those points are marked n/c (not comparable), and growth rates are not computed across them.

$80.47M
Year ended 2025-12-31
$38.09M
Trailing 12 months to 2026-06-30
-36.5%
3-year compound annual growth
-12.2%
5-year compound annual growth
$314.17M2017-12-31: $93.08M2018-12-31: $117.93M2019-12-31: $132.87M2020-12-31: $154.37M2021-12-31: $144.22M2022-12-31: $314.17M2023-12-31: $295.14M2024-12-31: $152.68M2025-12-31: $80.47M$80.47M
2017-12-31 R&D Expense (USD) 2025-12-31
Period endedR&D ExpenseChange YoYSource filing
2025-12-31$80.47M-47.3%2026-03-30, From 2025-01-01
2024-12-31$152.68M-48.3%2026-03-30, From 2024-01-01
2023-12-31$295.14M-6.1%2025-02-26, From 2023-01-01
2022-12-31$314.17M+117.8%2024-02-27, From 2022-01-01
2021-12-31$144.22M-6.6%2024-02-27, From 2021-01-01
2020-12-31$154.37Mn/c2023-02-28, From 2020-01-01
2019-12-31$132.87M+12.7%2022-02-28, From 2019-01-01
2018-12-31$117.93M+26.7%2021-05-10, From 2018-01-01
2017-12-31$93.08Mn/a2020-02-28, From 2017-01-01