SPCE Stock Surged Nearly 9% After Market Despite Earnings Miss — Here's Why

• It said that it had released a number of tickets aboard its spaceflight Virgin Galactic Spaceflight Expeditions, each priced at $750,000. 
• The company’s CEO also said that it was working towards pivoting fabrication efforts to support the testing and production of its second spaceship. 
• Meanwhile, the company reported a 25% drop in Q4 revenue, which came in at $312,000, compared to Wall Street expectations of about $412,500.

Virgin Galactic Holdings Inc. (SPCE) saw its shares surge in Monday’s after-market hours despite a revenue miss on its fourth-quarter (Q4) 2025 earnings results.

SPCE stock rose more than 9% after the California-based company said that it was set to resume its spaceflight expeditions. It said that it had released a number of tickets for its Virgin Galactic Spaceflight Expeditions, each priced at $750,000.

“We completed pivotal milestones during the first quarter of 2026, and with assembly of our first SpaceShip nearly complete and ground testing set to begin in April, we have released a limited number of Virgin Galactic Spaceflight Expeditions, each priced at $750,000,” CEO Michael Colglazier said.

Second Spaceship

Colglazier also said that the company was working towards pivoting fabrication efforts to support the testing and production of its second spaceship, which is expected to be operational sometime between late Q4 2026 and early Q1 2027.

“With production of spaceships well underway, we are gearing up for rocket motor assembly at our Phoenix factory, with manufacturing planned to begin in Q4 2026. We continue to strategically manage our capital to support our planned ramp in cash flow from commercial spaceline operations,” Colglazier said.

Q4 Earnings Snapshot

Meanwhile, the Richard Branson-founded company reported a 25% drop in Q4 revenue, which came in at $312,000, compared to Wall Street expectations of about $412,500, as per data from Fiscal.ai.

The company also posted loss per share of $0.98, while street estimates were for a loss per share of $1.07. It said that at the end of the quarter, it had cash, cash equivalents, and marketable securities of $338 million.

How Did Stocktwits Users React?

On Stocktwits, retail sentiment around SPCE shares improved from ‘bullish’ to ‘extremely bullish’ territory over the past 24 hours, amid ‘extremely high’ message volumes.

SPCE stock has declined about 34% this year.

Also Read: Why Did RKLB Stock Edge Up After-Hours?

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