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Side-by-side financial comparison of SYNTEC OPTICS HOLDINGS, INC. (OPTX) and Virgin Galactic Holdings, Inc (SPCE). Click either name above to swap in a different company.

SYNTEC OPTICS HOLDINGS, INC. is the larger business by last-quarter revenue ($7.5M vs $4.2M, roughly 1.8× Virgin Galactic Holdings, Inc). SYNTEC OPTICS HOLDINGS, INC. runs the higher net margin — -4.6% vs -2222.2%, a 2217.6% gap on every dollar of revenue. On growth, Virgin Galactic Holdings, Inc posted the faster year-over-year revenue change (125.5% vs 2.5%). SYNTEC OPTICS HOLDINGS, INC. produced more free cash flow last quarter ($-4.4K vs $-113.5M).

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.

OPTX vs SPCE — Head-to-Head

Bigger by revenue
OPTX
OPTX
1.8× larger
OPTX
$7.5M
$4.2M
SPCE
Growing faster (revenue YoY)
SPCE
SPCE
+123.0% gap
SPCE
125.5%
2.5%
OPTX
Higher net margin
OPTX
OPTX
2217.6% more per $
OPTX
-4.6%
-2222.2%
SPCE
More free cash flow
OPTX
OPTX
$113.5M more FCF
OPTX
$-4.4K
$-113.5M
SPCE

Income Statement — Q4 FY2025 vs Q2 FY2024

Metric
OPTX
OPTX
SPCE
SPCE
Revenue
$7.5M
$4.2M
Net Profit
$-343.8K
$-93.8M
Gross Margin
23.6%
-546.6%
Operating Margin
4.2%
-2412.1%
Net Margin
-4.6%
-2222.2%
Revenue YoY
2.5%
125.5%
Net Profit YoY
77.7%
30.2%
EPS (diluted)
$-0.01
$-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
OPTX
OPTX
SPCE
SPCE
Q4 25
$7.5M
Q3 25
$7.0M
Q2 25
$6.6M
Q1 25
$7.1M
Q4 24
$7.3M
Q3 24
$7.9M
Q2 24
$7.0M
$4.2M
Q1 24
$6.3M
$2.0M
Net Profit
OPTX
OPTX
SPCE
SPCE
Q4 25
$-343.8K
Q3 25
$-1.4M
Q2 25
$-343.9K
Q1 25
$323.7K
Q4 24
$-1.5M
Q3 24
$-13.3K
Q2 24
$281.8K
$-93.8M
Q1 24
$-1.2M
$-102.0M
Gross Margin
OPTX
OPTX
SPCE
SPCE
Q4 25
23.6%
Q3 25
12.3%
Q2 25
24.4%
Q1 25
32.7%
Q4 24
13.5%
Q3 24
23.3%
Q2 24
31.0%
-546.6%
Q1 24
11.3%
-1038.1%
Operating Margin
OPTX
OPTX
SPCE
SPCE
Q4 25
4.2%
Q3 25
-17.5%
Q2 25
-2.2%
Q1 25
7.5%
Q4 24
-19.6%
Q3 24
1.4%
Q2 24
2.3%
-2412.1%
Q1 24
-22.5%
-5599.9%
Net Margin
OPTX
OPTX
SPCE
SPCE
Q4 25
-4.6%
Q3 25
-20.6%
Q2 25
-5.2%
Q1 25
4.6%
Q4 24
-21.0%
Q3 24
-0.2%
Q2 24
4.0%
-2222.2%
Q1 24
-19.3%
-5139.1%
EPS (diluted)
OPTX
OPTX
SPCE
SPCE
Q4 25
$-0.01
Q3 25
$-0.04
Q2 25
$-0.01
Q1 25
$0.01
Q4 24
$-0.05
Q3 24
$0.00
Q2 24
$0.01
$-4.36
Q1 24
$-0.03
$-5.10

Balance Sheet & Financial Strength

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

Metric
OPTX
OPTX
SPCE
SPCE
Cash + ST InvestmentsLiquidity on hand
$775.7M
Total DebtLower is stronger
$2.6M
Stockholders' EquityBook value
$9.5M
$394.8M
Total Assets
$24.3M
$1.1B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPTX
OPTX
SPCE
SPCE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$775.7M
Q1 24
$765.2M
Total Debt
OPTX
OPTX
SPCE
SPCE
Q4 25
$2.6M
Q3 25
$2.7M
Q2 25
$2.9M
Q1 25
$3.0M
Q4 24
$3.1M
Q3 24
$3.2M
Q2 24
$2.8M
Q1 24
$3.0M
Stockholders' Equity
OPTX
OPTX
SPCE
SPCE
Q4 25
$9.5M
Q3 25
$9.8M
Q2 25
$11.0M
Q1 25
$11.4M
Q4 24
$11.0M
Q3 24
$12.1M
Q2 24
$12.1M
$394.8M
Q1 24
$11.9M
$417.6M
Total Assets
OPTX
OPTX
SPCE
SPCE
Q4 25
$24.3M
Q3 25
$24.6M
Q2 25
$25.3M
Q1 25
$26.3M
Q4 24
$26.0M
Q3 24
$27.3M
Q2 24
$25.8M
$1.1B
Q1 24
$24.6M
$1.1B
Debt / Equity
OPTX
OPTX
SPCE
SPCE
Q4 25
0.28×
Q3 25
0.28×
Q2 25
0.26×
Q1 25
0.26×
Q4 24
0.28×
Q3 24
0.26×
Q2 24
0.23×
Q1 24
0.25×

Cash Flow & Capital Efficiency

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

Metric
OPTX
OPTX
SPCE
SPCE
Operating Cash FlowLast quarter
$-3.9K
$-79.1M
Free Cash FlowOCF − Capex
$-4.4K
$-113.5M
FCF MarginFCF / Revenue
-0.1%
-2690.7%
Capex IntensityCapex / Revenue
0.0%
815.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$28.3K
$-458.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPTX
OPTX
SPCE
SPCE
Q4 25
$-3.9K
Q3 25
$535.3K
Q2 25
$-158.0K
Q1 25
$299.3K
Q4 24
$623.8K
Q3 24
$417.3K
Q2 24
$-1.7M
$-79.1M
Q1 24
$-289.8K
$-113.2M
Free Cash Flow
OPTX
OPTX
SPCE
SPCE
Q4 25
$-4.4K
Q3 25
$496.3K
Q2 25
$-548.1K
Q1 25
$84.6K
Q4 24
$12.1K
Q3 24
$43.8K
Q2 24
$-1.9M
$-113.5M
Q1 24
$-385.1K
$-126.3M
FCF Margin
OPTX
OPTX
SPCE
SPCE
Q4 25
-0.1%
Q3 25
7.1%
Q2 25
-8.4%
Q1 25
1.2%
Q4 24
0.2%
Q3 24
0.6%
Q2 24
-26.5%
-2690.7%
Q1 24
-6.2%
-6362.8%
Capex Intensity
OPTX
OPTX
SPCE
SPCE
Q4 25
0.0%
Q3 25
0.6%
Q2 25
5.9%
Q1 25
3.0%
Q4 24
8.4%
Q3 24
4.7%
Q2 24
2.3%
815.5%
Q1 24
1.5%
658.5%
Cash Conversion
OPTX
OPTX
SPCE
SPCE
Q4 25
Q3 25
Q2 25
Q1 25
0.92×
Q4 24
Q3 24
Q2 24
-6.01×
Q1 24

Financial Flow Comparison

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

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