Virgin Galactic is trading at $2.92 (-11.52%) after its August 12, 2026 earnings update, as a Q2 revenue miss overshadowed an adjusted-loss beat.
- Q2 revenue was $134,000 versus a $1.06 million forecast.
- The first Delta-class commercial flight moved from late 2026 to February 2027 for systems installations.
- Q3 free-cash-flow guidance remains -$95 million to -$100 million; investors appear focused on delayed revenue and continued cash burn despite strong $750,000-seat demand.