SPCX · SpaceX
2 filings
SPCX 10-Q Quarterly Reports
SpaceX - 2 quarterly reports
SPCX filed 0 annual reports (10-K), 2 quarterly reports (10-Q) and 10 current reports (8-K) between 2026 and 2026.
- 2026-Q3Oct 22, 2026
SpaceX Quarterly Report for Q3 Ended Sep 30, 2026
Space Exploration Technologies Corp. (SpaceX) has reported a strong financial performance for the nine months ended September 30, 2026, driven by significant revenue growth across all its segments, particularly SI and Connectivity. The company's total revenue more than doubled year-over-year, reaching $27.1 billion. This growth is attributed to the successful integration of Cursor, expansion of Starlink services, and robust performance in SI solutions and infrastructure. Despite substantial investments in R&D, especially for Starship development and SI infrastructure, SpaceX has demonstrated improved profitability. The company shifted from a net loss of $2.6 billion in the prior year period to a net loss of $413 million for the nine months ended September 30, 2026, with a particularly strong quarter showing a net income of $4.4 billion. This improvement is bolstered by significant cash flow from operations and strategic financing activities, including a substantial IPO and the issuance of new notes, which has bolstered its cash position to over $53 billion.
- 2026-Q2Aug 4, 2026
SpaceX Quarterly Report for Q2 Ended Jun 30, 2026
Space Exploration Technologies Corp. (SPCX) reported significant growth in its Q2 2026 results, driven by a substantial increase in revenue across all three segments: Space, Connectivity, and AI. The company successfully completed its Initial Public Offering (IPO) in June 2026, raising approximately $85.7 billion in net proceeds. This capital infusion, along with a $25 billion issuance of SpaceX Notes, has significantly bolstered the company's cash position to over $93 billion. Despite this strong revenue growth, the company continued to experience a net loss, which widened in the first six months of the year primarily due to increased investments in research and development, particularly in its AI segment's infrastructure, and significant interest expenses related to its debt. The Connectivity segment showed robust performance with a 101.2% increase in Starlink subscribers, although Average Revenue Per User (ARPU) saw a decline due to international expansion and the introduction of lower-priced plans. The AI segment experienced explosive revenue growth (247.5% quarter-over-quarter), largely driven by new AI infrastructure contracts and cloud services. However, this growth is accompanied by substantial R&D investments, contributing to the segment's operating loss. The Space segment saw a notable increase in revenue driven by a favorable customer mix and an additional launch, despite a slight overall revenue dip in the first six months due to fewer customer launches. The company's balance sheet reflects substantial growth in assets, largely fueled by IPO proceeds and increased debt, while also showing a significant increase in liabilities.