Space Exploration Technologies Corp. (SPCX) balance sheet
NASDAQ · Industrials · Aerospace & Defense · 22,000 employees · CEO Elon Reeve Musk
- Price
- $134.72 -6.37%
- Market cap
- $1.9T
- Enterprise value
- $1.89T
- Last report
- Q3 '26 filed 2026-10-22
- Next report
- 2027-02-25 EPS est. $0.40
At the end of Q3 '26 Space Exploration Technologies Corp. (SPCX) held $89.9B in cash and short-term investments against $38.8B of debt incl. leases. Total assets $254B, total liabilities $77.3B, shareholders' equity $177B.
Balance sheet
| Balance sheet | Trend | Q4 '24 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & equivalents | $11.4B | $24.7B | $15.9B | $93.5B | $51.3B | |
| Short-term investments | $800M | $0 | $7.82B | $6.49B | $38.6B | |
| Receivables | $1.05B | $1.58B | $1.83B | $3.6B | $4.77B | |
| Inventory | $2B | $2.42B | $2.59B | $2.72B | $2.89B | |
| Other current assets | $868M | $2.21B | $1.64B | $1.72B | $3.46B | |
| Current assets | $16.1B | $31B | $29.7B | $108B | $101B | |
| Property, plant & equipment (net) | $22.8B | $43.9B | $55.1B | $66.9B | $90.5B | |
| Goodwill | $11.1B | $11.8B | $11.7B | $11.6B | $48.4B | |
| Intangible assets | $2.21B | $1.55B | $1.43B | $1.3B | $6.35B | |
| Deferred tax assets | $696M | $141M | $213M | $354M | $388M | |
| Other non-current assets | $4.09B | $3.77B | $3.98B | $4.57B | $7.38B | |
| Non-current assets | $41B | $61.1B | $72.4B | $84.7B | $153B | |
| Total assets | $57.1B | $92.1B | $102B | $193B | $254B | |
| Liabilities | ||||||
| Accounts payable | $4.41B | $11.8B | $10B | $8.24B | $13.3B | |
| Accrued expenses | $1.51B | $2.57B | $5.69B | $2.38B | $6B | |
| Short-term debt | $372M | $928M | $1.54B | $2.53B | $2.7B | |
| Taxes payable | $112M | $563M | $601M | $0 | $0 | |
| Deferred revenue | $5.5B | $6.11B | $7.21B | $7.98B | $10.8B | |
| Current liabilities | $11.8B | $21.4B | $24.4B | $21.1B | $32.7B | |
| Long-term debt | $13.4B | $22B | $28.7B | $36.8B | $36.1B | |
| Deferred revenue (non-current) | $4.68B | $6.01B | $6.03B | $6.31B | $6.74B | |
| Other non-current liabilities | $1.37B | $1.38B | $1.32B | $1.28B | $1.66B | |
| Non-current liabilities | $19.5B | $29.4B | $36.1B | $44.4B | $44.5B | |
| Total liabilities | $31.3B | $50.8B | $60.5B | $65.5B | $77.3B | |
| Equity | ||||||
| Common stock & paid-in capital | $3M | $4M | $6M | $13M | $13M | |
| Retained earnings | -$32.1B | -$37B | -$41.3B | -$41.9B | -$37.4B | |
| Accumulated other comprehensive income | $1.09B | $1.9B | $1.76B | $1.72B | $1.66B | |
| Shareholders' equity | $25.8B | $41.3B | $41.6B | $127B | $177B | |
| Debt | ||||||
| Total debt (incl. leases) | $13.8B | $22.9B | $30.3B | $39.4B | $38.8B | |
| Net debt (debt - cash) | $2.41B | -$1.85B | $14.4B | -$54.2B | -$12.5B | |
| Balance sheet | Trend | FY24 | FY25 |
|---|---|---|---|
| Assets | |||
| Cash & equivalents | $11.4B | $24.7B | |
| Short-term investments | $800M | $0 | |
| Receivables | $1.05B | $1.58B | |
| Inventory | $2B | $2.42B | |
| Other current assets | $868M | $2.21B | |
| Current assets | $16.1B | $31B | |
| Property, plant & equipment (net) | $22.8B | $43.9B | |
| Goodwill | $11.1B | $11.8B | |
| Intangible assets | $2.21B | $1.55B | |
| Deferred tax assets | $696M | $141M | |
| Other non-current assets | $4.09B | $3.77B | |
| Non-current assets | $41B | $61.1B | |
| Total assets | $57.1B | $92.1B | |
| Liabilities | |||
| Accounts payable | $4.41B | $11.8B | |
| Accrued expenses | $1.51B | $2.57B | |
| Short-term debt | $372M | $928M | |
| Taxes payable | $112M | $563M | |
| Deferred revenue | $5.5B | $6.11B | |
| Current liabilities | $11.8B | $21.4B | |
| Long-term debt | $13.4B | $22B | |
| Deferred revenue (non-current) | $4.68B | $6.01B | |
| Other non-current liabilities | $1.37B | $1.38B | |
| Non-current liabilities | $19.5B | $29.4B | |
| Total liabilities | $31.3B | $50.8B | |
| Equity | |||
| Common stock & paid-in capital | $3M | $4M | |
| Retained earnings | -$32.1B | -$37B | |
| Accumulated other comprehensive income | $1.09B | $1.9B | |
| Shareholders' equity | $25.8B | $41.3B | |
| Debt | |||
| Total debt (incl. leases) | $13.8B | $22.9B | |
| Net debt (debt - cash) | $2.41B | -$1.85B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30
Data as of 2026-11-01