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Side-by-side financial comparison of Cenntro Inc. (CENN) and Virgin Galactic Holdings, Inc (SPCE). Click either name above to swap in a different company.

Cenntro Inc. is the larger business by last-quarter revenue ($5.0M vs $4.2M, roughly 1.2× Virgin Galactic Holdings, Inc). Cenntro Inc. runs the higher net margin — -1022.8% vs -2222.2%, a 1199.3% gap on every dollar of revenue. On growth, Cenntro Inc. posted the faster year-over-year revenue change (972.9% vs 125.5%).

Cenntro Inc. is a global electric vehicle technology manufacturer specializing in light and medium-duty commercial electric vehicles and associated smart mobility solutions. It serves logistics, urban delivery, public service, and corporate fleet markets across North America, Europe, and Asia, focusing on affordable, sustainable last-mile transport options.

Virgin Galactic Holdings, Inc. is a British-American spaceflight company founded by Richard Branson and the Virgin Group conglomerate, which retains an 11.9% stake through Virgin Investments Limited.

CENN vs SPCE — Head-to-Head

Bigger by revenue
CENN
CENN
1.2× larger
CENN
$5.0M
$4.2M
SPCE
Growing faster (revenue YoY)
CENN
CENN
+847.3% gap
CENN
972.9%
125.5%
SPCE
Higher net margin
CENN
CENN
1199.3% more per $
CENN
-1022.8%
-2222.2%
SPCE

Income Statement — Q4 FY2025 vs Q2 FY2024

Metric
CENN
CENN
SPCE
SPCE
Revenue
$5.0M
$4.2M
Net Profit
$-50.7M
$-93.8M
Gross Margin
-54.9%
-546.6%
Operating Margin
-229.9%
-2412.1%
Net Margin
-1022.8%
-2222.2%
Revenue YoY
972.9%
125.5%
Net Profit YoY
-189.4%
30.2%
EPS (diluted)
$-86.61
$-4.36

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CENN
CENN
SPCE
SPCE
Q4 25
$5.0M
Q3 25
$4.6M
Q2 25
$2.1M
Q1 25
$6.4M
Q4 24
$-568.2K
Q3 24
$16.2M
Q2 24
$8.3M
$4.2M
Q1 24
$7.3M
$2.0M
Net Profit
CENN
CENN
SPCE
SPCE
Q4 25
$-50.7M
Q3 25
$-6.7M
Q2 25
$-5.7M
Q1 25
$-9.9M
Q4 24
$-17.5M
Q3 24
$-9.0M
Q2 24
$-9.2M
$-93.8M
Q1 24
$-9.2M
$-102.0M
Gross Margin
CENN
CENN
SPCE
SPCE
Q4 25
-54.9%
Q3 25
2.3%
Q2 25
15.0%
Q1 25
-0.3%
Q4 24
262.5%
Q3 24
38.8%
Q2 24
14.7%
-546.6%
Q1 24
21.6%
-1038.1%
Operating Margin
CENN
CENN
SPCE
SPCE
Q4 25
-229.9%
Q3 25
-150.4%
Q2 25
-288.1%
Q1 25
-126.4%
Q4 24
1644.3%
Q3 24
-40.4%
Q2 24
-106.0%
-2412.1%
Q1 24
-97.3%
-5599.9%
Net Margin
CENN
CENN
SPCE
SPCE
Q4 25
-1022.8%
Q3 25
-146.7%
Q2 25
-263.8%
Q1 25
-154.4%
Q4 24
3084.9%
Q3 24
-55.3%
Q2 24
-110.4%
-2222.2%
Q1 24
-125.5%
-5139.1%
EPS (diluted)
CENN
CENN
SPCE
SPCE
Q4 25
$-86.61
Q3 25
$-0.14
Q2 25
$-0.19
Q1 25
$-0.27
Q4 24
$-86.39
Q3 24
$-0.29
Q2 24
$-0.30
$-4.36
Q1 24
$-0.30
$-5.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CENN
CENN
SPCE
SPCE
Cash + ST InvestmentsLiquidity on hand
$4.5M
$775.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$40.3M
$394.8M
Total Assets
$74.4M
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CENN
CENN
SPCE
SPCE
Q4 25
$4.5M
Q3 25
$4.4M
Q2 25
$6.0M
Q1 25
$8.5M
Q4 24
$12.6M
Q3 24
$22.4M
Q2 24
$20.2M
$775.7M
Q1 24
$24.3M
$765.2M
Stockholders' Equity
CENN
CENN
SPCE
SPCE
Q4 25
$40.3M
Q3 25
$76.0M
Q2 25
$79.6M
Q1 25
$73.3M
Q4 24
$77.8M
Q3 24
$96.7M
Q2 24
$103.8M
$394.8M
Q1 24
$112.5M
$417.6M
Total Assets
CENN
CENN
SPCE
SPCE
Q4 25
$74.4M
Q3 25
$112.7M
Q2 25
$124.4M
Q1 25
$129.3M
Q4 24
$132.6M
Q3 24
$159.8M
Q2 24
$167.8M
$1.1B
Q1 24
$173.0M
$1.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CENN
CENN
SPCE
SPCE
Operating Cash FlowLast quarter
$-1.8M
$-79.1M
Free Cash FlowOCF − Capex
$-113.5M
FCF MarginFCF / Revenue
-2690.7%
Capex IntensityCapex / Revenue
815.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-458.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CENN
CENN
SPCE
SPCE
Q4 25
$-1.8M
Q3 25
$-1.4M
Q2 25
$-4.4M
Q1 25
$-5.0M
Q4 24
$-8.5M
Q3 24
$-201.6K
Q2 24
$-3.8M
$-79.1M
Q1 24
$-8.9M
$-113.2M
Free Cash Flow
CENN
CENN
SPCE
SPCE
Q4 25
Q3 25
$-1.5M
Q2 25
$-4.5M
Q1 25
$-5.5M
Q4 24
$-8.6M
Q3 24
$-258.9K
Q2 24
$-4.2M
$-113.5M
Q1 24
$-9.2M
$-126.3M
FCF Margin
CENN
CENN
SPCE
SPCE
Q4 25
Q3 25
-33.2%
Q2 25
-211.2%
Q1 25
-85.4%
Q4 24
1509.3%
Q3 24
-1.6%
Q2 24
-50.3%
-2690.7%
Q1 24
-125.7%
-6362.8%
Capex Intensity
CENN
CENN
SPCE
SPCE
Q4 25
Q3 25
2.1%
Q2 25
5.6%
Q1 25
8.1%
Q4 24
-22.1%
Q3 24
0.4%
Q2 24
4.0%
815.5%
Q1 24
4.5%
658.5%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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