vs

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

Virgin Galactic Holdings, Inc is the larger business by last-quarter revenue ($4.2M vs $3.4M, roughly 1.2× Rithm Property Trust Inc.). Rithm Property Trust Inc. runs the higher net margin — 95.4% vs -2222.2%, a 2317.5% gap on every dollar of revenue. On growth, Virgin Galactic Holdings, Inc posted the faster year-over-year revenue change (125.5% vs -39.7%).

Rithm Capital Corp. (Rithm) is an American investment management company headquartered in New York that focuses on real estate and alternative investments.

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.

RPT vs SPCE — Head-to-Head

Bigger by revenue
SPCE
SPCE
1.2× larger
SPCE
$4.2M
$3.4M
RPT
Growing faster (revenue YoY)
SPCE
SPCE
+165.2% gap
SPCE
125.5%
-39.7%
RPT
Higher net margin
RPT
RPT
2317.5% more per $
RPT
95.4%
-2222.2%
SPCE

Income Statement — Q4 FY2025 vs Q2 FY2024

Metric
RPT
RPT
SPCE
SPCE
Revenue
$3.4M
$4.2M
Net Profit
$3.2M
$-93.8M
Gross Margin
-546.6%
Operating Margin
99.6%
-2412.1%
Net Margin
95.4%
-2222.2%
Revenue YoY
-39.7%
125.5%
Net Profit YoY
11.2%
30.2%
EPS (diluted)
$-0.26
$-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
RPT
RPT
SPCE
SPCE
Q4 25
$3.4M
Q3 25
$4.0M
Q2 25
$4.2M
Q1 25
$249.0K
Q2 24
$4.2M
Q1 24
$2.0M
Q4 23
$2.8M
Q3 23
$1.1M
$1.7M
Net Profit
RPT
RPT
SPCE
SPCE
Q4 25
$3.2M
Q3 25
$-273.0K
Q2 25
$1.9M
Q1 25
$-3.4M
Q2 24
$-93.8M
Q1 24
$-102.0M
Q4 23
$-104.0M
Q3 23
$-5.5M
$-104.6M
Gross Margin
RPT
RPT
SPCE
SPCE
Q4 25
Q3 25
Q2 25
Q1 25
Q2 24
-546.6%
Q1 24
-1038.1%
Q4 23
-766.4%
Q3 23
-1384.3%
Operating Margin
RPT
RPT
SPCE
SPCE
Q4 25
99.6%
Q3 25
-6.2%
Q2 25
45.7%
Q1 25
-1416.5%
Q2 24
-2412.1%
Q1 24
-5599.9%
Q4 23
-4067.8%
Q3 23
-533.4%
-6613.0%
Net Margin
RPT
RPT
SPCE
SPCE
Q4 25
95.4%
Q3 25
-6.8%
Q2 25
45.1%
Q1 25
-1363.1%
Q2 24
-2222.2%
Q1 24
-5139.1%
Q4 23
-3701.8%
Q3 23
-526.3%
-6053.5%
EPS (diluted)
RPT
RPT
SPCE
SPCE
Q4 25
$-0.26
Q3 25
$-0.03
Q2 25
$0.01
Q1 25
$-0.08
Q2 24
$-4.36
Q1 24
$-5.10
Q4 23
$-14.49
Q3 23
$-0.25
$-5.57

Balance Sheet & Financial Strength

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

Metric
RPT
RPT
SPCE
SPCE
Cash + ST InvestmentsLiquidity on hand
$79.3M
$775.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$291.6M
$394.8M
Total Assets
$1.0B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RPT
RPT
SPCE
SPCE
Q4 25
$79.3M
Q3 25
$81.4M
Q2 25
$98.6M
Q1 25
$97.4M
Q2 24
$775.7M
Q1 24
$765.2M
Q4 23
$874.0M
Q3 23
$63.9M
$997.1M
Stockholders' Equity
RPT
RPT
SPCE
SPCE
Q4 25
$291.6M
Q3 25
$291.7M
Q2 25
$294.7M
Q1 25
$296.1M
Q2 24
$394.8M
Q1 24
$417.6M
Q4 23
$505.5M
Q3 23
$320.2M
$599.4M
Total Assets
RPT
RPT
SPCE
SPCE
Q4 25
$1.0B
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q2 24
$1.1B
Q1 24
$1.1B
Q4 23
$1.2B
Q3 23
$1.4B
$1.3B

Cash Flow & Capital Efficiency

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

Metric
RPT
RPT
SPCE
SPCE
Operating Cash FlowLast quarter
$-8.3M
$-79.1M
Free Cash FlowOCF − Capex
$-113.5M
FCF MarginFCF / Revenue
-2690.7%
Capex IntensityCapex / Revenue
815.5%
Cash ConversionOCF / Net Profit
-2.56×
TTM Free Cash FlowTrailing 4 quarters
$-458.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RPT
RPT
SPCE
SPCE
Q4 25
$-8.3M
Q3 25
$-5.8M
Q2 25
$-25.0K
Q1 25
$-1.6M
Q2 24
$-79.1M
Q1 24
$-113.2M
Q4 23
$-95.3M
Q3 23
$-10.7M
$-91.5M
Free Cash Flow
RPT
RPT
SPCE
SPCE
Q4 25
Q3 25
Q2 25
Q1 25
Q2 24
$-113.5M
Q1 24
$-126.3M
Q4 23
$-113.7M
Q3 23
$-104.8M
FCF Margin
RPT
RPT
SPCE
SPCE
Q4 25
Q3 25
Q2 25
Q1 25
Q2 24
-2690.7%
Q1 24
-6362.8%
Q4 23
-4046.9%
Q3 23
-6066.1%
Capex Intensity
RPT
RPT
SPCE
SPCE
Q4 25
Q3 25
Q2 25
Q1 25
Q2 24
815.5%
Q1 24
658.5%
Q4 23
653.9%
Q3 23
0.0%
771.1%
Cash Conversion
RPT
RPT
SPCE
SPCE
Q4 25
-2.56×
Q3 25
Q2 25
-0.01×
Q1 25
Q2 24
Q1 24
Q4 23
Q3 23

Financial Flow Comparison

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

Related Comparisons