Space Exploration Technologies Corp. (SPCX) income statement
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
Space Exploration Technologies Corp. (SPCX) reported revenue of $14.6B for Q3 '26 (+258.0% year on year), operating income of $2.79B (19.1% of revenue) and net income of $4.4B. Over the last four quarters revenue was $32B.
Income statement
| Income statement | Trend | Q1 '25 | Q2 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|
| Revenue | $4.07B | $4.07B | $4.96B | $4.69B | $7.81B | $14.6B | |
| Cost of revenue | $1.96B | $2.28B | $2.5B | $2.39B | $3.5B | $5.48B | |
| Gross profit | $2.11B | $1.79B | $2.46B | $2.31B | $4.32B | $9.1B | |
| Research & development | $1.56B | $1.96B | $2.84B | $3.51B | $3.55B | $4.6B | |
| General & administrative | $493M | $606M | $0 | $746M | $0 | $0 | |
| Other operating expenses | $28M | $195M | $0 | -$11M | $2M | $3M | |
| Operating expenses | $2.08B | $2.76B | $3.81B | $4.25B | $4.46B | $6.31B | |
| Operating income | $27M | -$970M | -$1.35B | -$1.94B | -$143M | $2.79B | |
| Interest income | $117M | $98M | $122M | $213M | $340M | $873M | |
| Interest expense | $447M | $411M | $573M | $664M | $629M | $675M | |
| Other non-operating income (gains on investments, FX ...) | -$211M | -$511M | $421M | -$1.88B | -$254M | -$1.9B | |
| Total non-operating income | -$541M | $100M | -$994M | -$2.33B | -$375M | $1.22B | |
| Income before tax | -$514M | -$870M | -$2.34B | -$4.27B | -$518M | $4.01B | |
| Income tax | $14M | $138M | $4M | $6M | $23M | -$390M | |
| Net income | -$528M | -$1.01B | -$2.35B | -$4.28B | -$541M | $4.4B | |
| EPS (basic) | -$0.18 | -$0.34 | $0.00 | -$1.27 | -$0.09 | $0.37 | |
| EPS (diluted) | -$0.18 | -$0.34 | $0.00 | -$1.27 | -$0.09 | $0.35 | |
| Shares (basic, weighted) | 2.88B | 2.93B | 0 | 3.88B | 5.86B | 11.9B | |
| Shares (diluted, weighted) | 2.88B | 2.93B | 0 | 3.88B | 5.86B | 12.5B | |
| Depreciation & amortization | $1.44B | $1.53B | $1.92B | $2.44B | $2.85B | $3.64B | |
| EBITDA | $1.68B | $1.07B | $147M | $2.38B | $2.96B | $8.33B |
| Income statement | Trend | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $10.4B | $14B | $18.7B | |
| Cost of revenue | $6.11B | $8B | $9.45B | |
| Gross profit | $4.28B | $6.02B | $9.22B | |
| Research & development | $2.11B | $3.46B | $8.64B | |
| General & administrative | $1.67B | $1.81B | $2.64B | |
| Other operating expenses | $4.01B | $276M | $525M | |
| Operating expenses | $7.78B | $5.55B | $11.8B | |
| Operating income | -$3.51B | $466M | -$2.59B | |
| Interest income | $249M | $371M | $492M | |
| Interest expense | $1.69B | $1.58B | $1.95B | |
| Other non-operating income (gains on investments, FX ...) | -$42M | $985M | -$177M | |
| Total non-operating income | -$1.49B | -$224M | -$1.63B | |
| Income before tax | -$4.99B | $242M | -$4.22B | |
| Income tax | -$363M | -$549M | $718M | |
| Net income | -$4.63B | $791M | -$4.94B | |
| EPS (basic) | -$1.68 | $0.01 | -$1.69 | |
| EPS (diluted) | -$1.68 | $0.00 | -$1.69 | |
| Shares (basic, weighted) | 2.76B | 2.85B | 2.93B | |
| Shares (diluted, weighted) | 2.76B | 9.96B | 2.93B | |
| Depreciation & amortization | $2.64B | $3.82B | $6.7B | |
| EBITDA | -$828M | $3.31B | $4.29B |
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.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe 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