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Virgin Galactic10-K: Backlog growth

Company holds $188M in future revenue from 675 astronaut reservations

What happened

As of Dec 31, 2025, Virgin Galactic has a significant backlog of 675 customer reservations, representing approximately $188 million in future revenue. This demonstrates strong market demand but also creates immense pressure to deliver these flights with the new fleet starting in 2026.

Source

SEC EDGARMar 30, 2026

Annual report (Form 10-K)

Virgin Galactic 10-K for FY2025

Filing excerpt

As of December 31, 2025, we have reservations for spaceflights for approximately 675 future astronauts, which represent approximately $188 million in expected future spaceflight revenue upon completion of the spaceflights.

sec.gov/Archives/edgar/data/1706946/000170694626000019/spce-20251231.htmRead the full source

Other signals in this filing (10)

Extracted by Autobound

From the Signal API record
Signal
10-K: Backlog growth

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Mar 30, 2026

More 10-K signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$188M (expected future spaceflight revenue from reservations)

Details

CIK
1706946
Accession number
0001706946-26-000019
Timeframe
Multi year
Filing year
2026
Why it matters
Capacity/fulfillment needs
Signal category
Revenue

Extraction

Confidence
High
Relevance
90%
Sentiment
Positive
Detected
Mar 31, 2026
signal_type
sec-10k
signal_subtype
backlogGrowth

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/7eee4bb4-2733-40fa-b5fc-d7c4dfeee658 returns this record as JSON. POST /v1/companies/enrich returns every signal for virgingalactic.com.

{
  "signal_id": "7eee4bb4-2733-40fa-b5fc-d7c4dfeee658",
  "signal_type": "sec-10k",
  "signal_subtype": "backlogGrowth",
  "detected_at": "2026-03-31T08:33:46.422+00:00",
  "company": {
    "name": "Virgin Galactic",
    "domain": "virgingalactic.com"
  },
  "data": {
    "detail": "As of Dec 31, 2025, Virgin Galactic has a significant backlog of 675 customer reservations, representing approximately $188 million in future revenue. This demonstrates strong market demand but also creates immense pressure to deliver these flights with the new fleet starting in 2026.",
    "metrics": {
      "timeframe": "multi_year",
      "dollar_context": "expected future spaceflight revenue from reservations",
      "dollar_millions": 188
    },
    "summary": "Company holds $188M in future revenue from 675 astronaut reservations",
    "excerpts": "As of December 31, 2025, we have reservations for spaceflights for approximately 675 future astronauts, which represent approximately $188 million in expected future spaceflight revenue upon completion of the spaceflights.",
    "relevance": 0.9,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1706946/000170694626000019/spce-20251231.htm",
    "filing_date": "2026-03-30",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Capacity/fulfillment needs",
    "signal_category": "revenue"
  }
}

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