10-Q
Quarterly report
✓ VerifiedVirgin Galactic's quarterly report shows reservations for approximately 650 future astronauts worth approximately $186 million, new ticket sales at $750,000 per seat, and R&D down to $6.7 million as Delta-class vehicles move into manufacturing.
Filed May 14, 2026 · 16:17 ET
Summary
- Reservations stood at approximately 650 future astronauts, representing approximately $186 million of anticipated spaceflight revenue.
- A limited tranche of 50 reservations opened at a higher price of $750,000 per seat.
- Research and development expense fell from $33.3 million to $6.7 million as the next-generation vehicles completed development, while spaceline operations expense rose from $20.8 million to $29.6 million with manufacturing and testing.
- A proposed derivative-litigation settlement would bring corporate reforms and a $2.75 million insurer payment, half retained by the company.
Key facts
- Reservations
- approximately 650 seats, approximately $186 million
From the filing for Reservations
“reservations for spaceflights for approximately 650 future astronauts, which represent approximat ely $186 million i n expected future spaceflight revenue”
- New ticket price
- $750,000 per seat
From the filing for New ticket price
“a limited tranche of 50 spaceflight reservations at a higher price of $750,000 per seat”
Why it mattersSpending has shifted from design to production, and the new $750,000 price tests demand ahead of Delta-class service.
- Filed
- May 14, 2026
- Accepted
- 2026-05-14 20:17Z
- Period
- Mar 31, 2026
- Accession no.
- 0001706946-26-000068
- Size
- 5.2 MB
- Index
- Filing index