Virgin Orbit Holdings
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Virgin Orbit Holdings's past years’ income statements indicate that its last revenue has increased compared to the previous period by 348% to $33,106,000. Profit margin reached -577%. Total operating expenses were $163,730,000.

Profit Margin

Virgin Orbit Holdings, Inc. (NASDAQ:VORB): Profit margin
2019 477K -194.62M -40801.26%
2020 3.84M -121.50M -3164.17%
2021 7.38M -157.29M -2129.87%
2022 33.10M -191.15M -577.41%

VORB Income Statement (2019 – 2022)

2022 2021 2020 2019
Revenue
Revenue
33.10M7.38M3.84M477K
Cost of revenue
85.73M37.87M3.16M67K
Gross profit
-52.63M-30.48M672K410K
Operating exp.
Research and development
43.26M48.07M137.13M150.56M
Selling and marketing
0000
Total operating expenses
163.73M140.87M179.99M193.25M
Operating income
-216.36M-171.36M-179.31M-192.84M
Other income (expenses), net
25.21M14.07M57.81M-1.77M
Income before tax
-191.14M-157.28M-121.49M-194.61M
Income tax expense
11K6K5K5K
Net income
-191.15M-157.29M-121.50M-194.62M
Earnings per share
Basic EPS
-0.57-0.55-0.36-0.58
Diluted EPS
-0.57-0.55-0.36-0.58
Data sourceData source