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Side-by-side financial comparison of Virgin Galactic Holdings, Inc (SPCE) and Meiwu Technology Co Ltd (WNW). 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 $2.5M, roughly 1.7× Meiwu Technology Co Ltd). Meiwu Technology Co Ltd runs the higher net margin — -54.9% vs -2222.2%, a 2167.2% gap on every dollar of revenue. On growth, Meiwu Technology Co Ltd posted the faster year-over-year revenue change (2775.9% vs 125.5%).

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.

SPCE vs WNW — Head-to-Head

Bigger by revenue
SPCE
SPCE
1.7× larger
SPCE
$4.2M
$2.5M
WNW
Growing faster (revenue YoY)
WNW
WNW
+2650.4% gap
WNW
2775.9%
125.5%
SPCE
Higher net margin
WNW
WNW
2167.2% more per $
WNW
-54.9%
-2222.2%
SPCE

Income Statement — Q2 FY2024 vs Q2 FY2025

Metric
SPCE
SPCE
WNW
WNW
Revenue
$4.2M
$2.5M
Net Profit
$-93.8M
$-1.4M
Gross Margin
-546.6%
12.8%
Operating Margin
-2412.1%
-55.5%
Net Margin
-2222.2%
-54.9%
Revenue YoY
125.5%
2775.9%
Net Profit YoY
30.2%
-293.8%
EPS (diluted)
$-4.36
$-0.03

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
SPCE
SPCE
WNW
WNW
Q2 25
$2.5M
Q2 24
$4.2M
Q1 24
$2.0M
Q4 23
$2.8M
Q3 23
$1.7M
Q2 23
$1.9M
Q4 22
$869.0K
Q3 22
$767.0K
Net Profit
SPCE
SPCE
WNW
WNW
Q2 25
$-1.4M
Q2 24
$-93.8M
Q1 24
$-102.0M
Q4 23
$-104.0M
Q3 23
$-104.6M
Q2 23
$-134.4M
Q4 22
$-150.8M
Q3 22
$-145.6M
Gross Margin
SPCE
SPCE
WNW
WNW
Q2 25
12.8%
Q2 24
-546.6%
Q1 24
-1038.1%
Q4 23
-766.4%
Q3 23
-1384.3%
Q2 23
87.5%
Q4 22
-34.5%
Q3 22
23.1%
Operating Margin
SPCE
SPCE
WNW
WNW
Q2 25
-55.5%
Q2 24
-2412.1%
Q1 24
-5599.9%
Q4 23
-4067.8%
Q3 23
-6613.0%
Q2 23
-7459.4%
Q4 22
-17642.2%
Q3 22
-18978.0%
Net Margin
SPCE
SPCE
WNW
WNW
Q2 25
-54.9%
Q2 24
-2222.2%
Q1 24
-5139.1%
Q4 23
-3701.8%
Q3 23
-6053.5%
Q2 23
-7181.4%
Q4 22
-17355.6%
Q3 22
-18977.1%
EPS (diluted)
SPCE
SPCE
WNW
WNW
Q2 25
$-0.03
Q2 24
$-4.36
Q1 24
$-5.10
Q4 23
$-14.49
Q3 23
$-5.57
Q2 23
$-9.16
Q4 22
$-0.55
Q3 22
$-0.55

Balance Sheet & Financial Strength

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

Metric
SPCE
SPCE
WNW
WNW
Cash + ST InvestmentsLiquidity on hand
$775.7M
$33.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$394.8M
$58.4M
Total Assets
$1.1B
$60.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SPCE
SPCE
WNW
WNW
Q2 25
$33.3M
Q2 24
$775.7M
Q1 24
$765.2M
Q4 23
$874.0M
Q3 23
$997.1M
Q2 23
$940.2M
Q4 22
$909.0M
Q3 22
$1.0B
Stockholders' Equity
SPCE
SPCE
WNW
WNW
Q2 25
$58.4M
Q2 24
$394.8M
Q1 24
$417.6M
Q4 23
$505.5M
Q3 23
$599.4M
Q2 23
$484.5M
Q4 22
$480.2M
Q3 22
$613.5M
Total Assets
SPCE
SPCE
WNW
WNW
Q2 25
$60.1M
Q2 24
$1.1B
Q1 24
$1.1B
Q4 23
$1.2B
Q3 23
$1.3B
Q2 23
$1.1B
Q4 22
$1.1B
Q3 22
$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
SPCE
SPCE
WNW
WNW
Operating Cash FlowLast quarter
$-79.1M
$6.7M
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
SPCE
SPCE
WNW
WNW
Q2 25
$6.7M
Q2 24
$-79.1M
Q1 24
$-113.2M
Q4 23
$-95.3M
Q3 23
$-91.5M
Q2 23
$-125.3M
Q4 22
$-131.2M
Q3 22
$-96.0M
Free Cash Flow
SPCE
SPCE
WNW
WNW
Q2 25
Q2 24
$-113.5M
Q1 24
$-126.3M
Q4 23
$-113.7M
Q3 23
$-104.8M
Q2 23
$-135.2M
Q4 22
$-135.4M
Q3 22
$-102.1M
FCF Margin
SPCE
SPCE
WNW
WNW
Q2 25
Q2 24
-2690.7%
Q1 24
-6362.8%
Q4 23
-4046.9%
Q3 23
-6066.1%
Q2 23
-7224.3%
Q4 22
-15584.0%
Q3 22
-13305.2%
Capex Intensity
SPCE
SPCE
WNW
WNW
Q2 25
Q2 24
815.5%
Q1 24
658.5%
Q4 23
653.9%
Q3 23
771.1%
Q2 23
526.4%
Q4 22
481.4%
Q3 22
784.0%

Financial Flow Comparison

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

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