Virgin Galactic Holdings Inc.

(NYSE:SPCE) shares are trading lower Thursday morning despite delivering second-quarter 2026 financial results that beat analyst expectations.

Virgin Galactic Holdings shares are retreating from recent levels.

What's pressuring SPCE stock?

Q2 Financial Performance Surpasses Wall Street Expectations The company posted a net loss of 50 cents per share on $134,000 in revenue, topping consensus estimates of a 66 cent loss per share and $126,667 in sales.