Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Virgin Australia Holdings's retained earnings for the quarter that ended in Dec. 2025 was A$-2,173 Mil.
Virgin Australia Holdings's quarterly retained earnings
increased
from Dec. 2024 (A$-2,598 Mil) to Jun. 2025 (A$-2,514 Mil) and
increased
from Jun. 2025 (A$-2,514 Mil) to Dec. 2025 (A$-2,173 Mil).
Virgin Australia Holdings's annual retained earnings
stayed the same
from Jun. 2023 (A$0 Mil) to Jun. 2024 (A$0 Mil) but then
declined
from Jun. 2024 (A$0 Mil) to Jun. 2025 (A$-2,514 Mil).
Virgin Australia Holdings (ASX:VGN) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Virgin Australia Holdings Retained Earnings Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Virgin Australia Holdings Retained Earnings Calculation
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of A$-2,173 Mil mean?
Virgin Australia Holdings (ASX:VGN) has a Retained Earnings of A$-2,173 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Virgin Australia Holdings and its competitors.
Is Virgin Australia Holdings' Retained Earnings too high?
Virgin Australia Holdings' current Retained Earnings is A$-2,173 Mil. Overall, Virgin Australia Holdings has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Virgin Australia Holdings' Retained Earnings compare to DAL and UAL?
Virgin Australia Holdings' Retained Earnings of A$-2,173 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Transportation company?
A good Retained Earnings depends on the Transportation industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Virgin Australia Holdings and its competitors. Virgin Australia Holdings's current Retained Earnings is A$-2,173 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virgin Australia Holdings stock overvalued right now?
Virgin Australia Holdings (ASX:VGN) has a current Retained Earnings of A$-2,173 Mil. The current Retained Earnings is A$-2,173 Mil. Virgin Australia Holdings' overall GF Score™ is 8/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Virgin Australia Holdings (ASX:VGN), the current Retained Earnings is A$-2,173 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Virgin Australia is Australia's second-largest airline, operating about a third of the domestic market in a two-player market with Qantas. Virgin is a value-focused carrier operating high-frequency, point-to-point domestic routes and select short-haul international flights. The airline targets leisure and small to medium enterprise travelers with mid-range pricing. The vast majority of revenue is generated by the core airlines segment.
8GF Score
Get the complete analysis for ASX:VGN
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:VGN has been successfully added to your 
