Private company

Virgin Orbit Holdings, Inc.

Search company in the Cayman Islands1

In its 2023 annual report the company says: “We are a vertically integrated space company that provides customers dedicated and rideshare small-satellite launch capabilities. Our philosophy is to operate a mobile launch system that can launch “at any time, to any orbit, without warning.”43 It is headquartered in Long Beach, California.1

Last updated Oct 20, 2026.

Overview

  • IndustrySearch, Detection, Navigation, Guidance, Aeronautical Sys1
  • HeadquartersLong Beach, California1
  • Incorporated inCayman Islands2
  • Business address4022 East Conant Street, Long Beach, Ca 908082
  • Filer category, Emerging growth company2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

-159.0%Gross margin3
-653.5%Operating margin3
-577.4%Net margin3
348.3%Revenue growth, 20223
-394.8%Return on equity3
-$240.2MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue34¢$85.7M
  • Research and development17¢$43.3M
  • Selling, general and admin48¢$120.5M
  • Interest1¢$1.3M
  • Income tax0¢$11.0K

Out of $33.1M in revenue.3 The company lost money this year.

Financial statements

Revenue3$33.1M in 2022+762% since 2020
0$10.0M$20.0M$30.0M$40.0M2020: $3.8M$3.8M20202021: $7.4M$7.4M2021+92%2022: $33.1M$33.1M2022+348%
Gross profit3-$52.6M in 2022
-$60.0M-$40.0M-$20.0M0$20.0M2020: $672.0K$672.0K20202021: -$30.5M-$30.5M20212022: -$52.6M-$52.6M2022+73%
Operating income3-$216.4M in 2022+21% since 2020
-$300.0M-$200.0M-$100.0M02020: -$179.5M-$179.5M20202021: -$171.4M-$171.4M2021−5%2022: -$216.4M-$216.4M2022+26%
Net income3-$191.2M in 2022+57% since 2020
-$200.0M-$150.0M-$100.0M-$50.0M02020: -$121.7M-$121.7M20202021: -$157.3M-$157.3M2021+29%2022: -$191.2M-$191.2M2022+22%
Fiscal year2019202020212022
Revenue$3.8M3$7.4M3$33.1M3
Cost of revenue$3.2M3$37.9M3$85.7M3
Gross profit$672.0K3-$30.5M3-$52.6M3
Research and development$137.1M3$48.1M3$43.3M3
Selling, general and admin$43.0M3$92.8M3$120.5M3
Operating income-$179.5M3-$171.4M3-$216.4M3
Interest$4.9M3$24.0K3$1.3M3
Income before tax-$157.3M3-$191.1M3
Income tax$5.0K3$6.0K3$11.0K3
Net income-$121.7M3-$157.3M3-$191.2M3
Earnings per share-$0.503-$0.553-$0.573
Earnings per share (diluted)-$0.503-$0.553-$0.573
Shares (weighted, basic)287.5M shares3335.6M shares3
Shares (weighted, diluted)287.5M shares3335.6M shares3

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Corporate structure

Virgin Orbit Holdings, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Virgin Orbit Holdings, Inc.

  • Virgin Investments Ltd Filed SC 13D/A on Virgin Orbit Holdings, Inc., latest Apr 3, 2023 (6 filings since Jan 10, 2022)
  • YA II PN, Ltd. Filed SC 13G/A on Virgin Orbit Holdings, Inc., latest Jan 3, 2023 (2 filings since Apr 4, 2022)
  • CITADEL ADVISORS LLC Filed SC 13G/A on Virgin Orbit Holdings, Inc., latest Feb 14, 2022
  • INTEGRATED CORE STRATEGIES (US) LLC Filed SC 13G/A on Virgin Orbit Holdings, Inc., latest Feb 10, 2022
  • Mubadala Investment Co PJSC Filed SC 13D on Virgin Orbit Holdings, Inc., latest Jan 10, 2022
  • Virgin Orbit Holdings, Inc. Long Beach, California

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Virgin Orbit Holdings, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$157.7M3 Dec 31, 2022$136.4M3 Dec 31, 2021+15.6%
Accumulated depreciation$86.3M3 Dec 31, 2022$75.0M3 Dec 31, 2021+15.1%
Property and equipment, net$71.3M3 Dec 31, 2022$61.4M3 Dec 31, 2021+16.1%
Finance-lease assets$1.3M3 Dec 31, 2022$252.0K3 Dec 31, 2021+419.0%
Operating-lease assets (leased space)$13.2M3 Dec 31, 2022$14.4M3 Dec 31, 2021−8.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$51.2M3 Dec 31, 2022$194.2M3 Dec 31, 2021−73.6%

Inventory

ItemLatestA year beforeChange
Inventory, total$77.1M3 Dec 31, 2022$33.9M3 Dec 31, 2021+127.1%
Raw materials$48.2M3 Dec 31, 2022$18.9M3 Dec 31, 2021+155.1%
Work in process$66.7M3 Dec 31, 2022$27.1M3 Dec 31, 2021+146.0%

Leadership

Who has led Virgin Orbit Holdings, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Daniel M. Hart2022

Chief financial officer

  1. Patrick T. Ford2021
  2. Brita Eve O'Rear2022–2023

Chief operating officer

  1. Anthony J. Gingiss2022–2023
2025
Board members and other officers (13)

Former names

  • NextGen Acquisition Corp. IIFeb 10, 2021 to Dec 29, 20212

Timeline

  1. Aug 2, 20238-K Bankruptcy or receivership; Change to shareholders' rights; Executive or director change22
  2. Jun 5, 20238-K Entered a material agreement23
  3. Jun 5, 20238-K Completed an acquisition or sale24
  4. May 30, 20238-K Entered a material agreement25
  5. May 22, 20238-K Entered a material agreement26
  6. May 22, 20238-K Other events27
  7. May 19, 20238-K Entered a material agreement28
  8. Apr 21, 20238-K Listing notice or transfer29
  9. Apr 20, 20238-K Regulation FD disclosure30
  10. Apr 10, 20238-K Listing notice or transfer; Regulation FD disclosure31
  11. Apr 4, 20238-K Entered a material agreement; Ended a material agreement; Bankruptcy or receivership32
  12. Mar 30, 20238-K Entered a material agreement; New debt or obligation; Exit or restructuring costs33
  13. Jan 3, 2022New chief executive Daniel M. Hart becomes CEO7

Calendar

When it reported results

  1. Nov 7, 2022Reported quarterly or annual results34
  2. Aug 12, 2022Reported quarterly or annual results35
  3. May 11, 2022Reported quarterly or annual results36
  4. Mar 29, 2022Reported quarterly or annual results37

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

185 filings to the SEC since October 2021: 3 annual reports, 6 quarterly reports, 31 major events, 49 insider forms, 11 large holders, 85 other. The latest 20:

  1. Aug 4, 2023EFFECT EDGAR
  2. Aug 2, 202315-12G EDGAR
  3. Aug 2, 2023S-8 POS EDGAR
  4. Aug 2, 2023POS AM EDGAR
  5. Aug 2, 20238-K EDGAR
  6. Jun 5, 20238-K EDGAR
  7. Jun 5, 20238-K EDGAR
  8. May 30, 20238-K EDGAR
  9. May 22, 20238-K EDGAR
  10. May 22, 20238-K EDGAR
  11. May 19, 20238-K EDGAR
  12. May 16, 2023NT 10-Q EDGAR
  13. Apr 21, 20238-K/A EDGAR
  14. Apr 20, 20238-K EDGAR
  15. Apr 17, 202310-K EDGAR
  16. Apr 12, 2023424B3 EDGAR
  17. Apr 12, 2023424B3 EDGAR
  18. Apr 10, 20233 EDGAR
  19. Apr 10, 20238-K EDGAR
  20. Apr 10, 20233 EDGAR

The 185 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 15, 2022MCFARLAND KATHARINA G.DirectorBuy2,884$2.90$8.4KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Virgin Orbit Holdings, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARVirgin Orbit Holdings, Inc.1
  • CIK0001843388
  • Employer ID (EIN)98-15769141
  • Filer status<br>emerging growth company1
  • Incorporated inCayman Islands1
  • Fiscal year endsDecember 311
  • Industry code (SIC)3812 Search, Detection, Navigation, Guidance, Aeronautical Sys1
  • Business address4022 East Conant Street, Long Beach, CA 908081
  • Phone(562) 706-71081
  • Shares outstanding392,524,323 as of Apr 4, 20233
  • Public float$317.8M as of Jun 30, 20223
  • On EDGAR sinceFeb 10, 20211
  • Filings220 in all: 4 (36), 8-K (35), 424B3 (30), 425 (25), 3 (18), CORRESP (8), 10-Q (6), EFFECT (6)1
    All 36 form types

    SC 13D/A (5), UPLOAD (5), 144 (4), NT 10-Q (4), S-1 (3), S-4/A (3), SC 13G (3), SC 13G/A (3), 10-K (2), 10-Q/A (2), 25-NSE (2), DEFR14A (2), POS AM (2), SC 13D (2), 10-K/A (1), 15-12G (1), 424B4 (1), 8-A12B (1), 8-K/A (1), CERT (1), DEF 14A (1), DEFA14A (1), DRS (1), NT 10-K (1), S-1/A (1), S-4 (1), S-8 (1), S-8 POS (1)

  • Latest filingsAnnual report (10-K) Apr 17, 2023
    Quarterly report (10-Q) Nov 8, 2022
    Proxy statement (DEF 14A) Jul 15, 2022
    Latest 8-K (8-K) Aug 2, 2023

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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