SpaceX Reports Q3 2026 Results With $14.6B in Revenue

Satellite / Space
Satellite / Space
Earnings
Earnings
IPO:
Jun 12, 2026
Industry:
COMPUTER PROGRAMMING, DATA PROCESSING, ETC.

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SpaceX Reports Third Quarter 2026 Results with Strong Revenue Growth

Space Exploration Technologies Corp. (Nasdaq: SPCX) released its financial results for the third quarter ended September 30, 2026, showcasing significant year-over-year revenue growth driven by its Connectivity and Super Intelligence segments.

Financial Performance

During the third quarter of 2026, SpaceX delivered total revenue of $14.6 billion, representing a 161 percent increase compared to the same period in the previous year. The company posted an operating income of $2.8 billion, a net income of $4.4 billion, and an Adjusted EBITDA of $8.8 billion.

The strong financial results were largely fueled by accelerated growth in the Connectivity segment and a clear inflection in the Super Intelligence (SI) business. Connectivity revenues reached $5.2 billion, while SI revenues contributed $7.6 billion to the quarterly total.

    Financial Highlights

  • Total Revenue: $14.6 billion, up 161% year-over-year
  • Net Income: $4.4 billion, improving from a net loss of $1.1 billion
  • Adjusted EBITDA: $8.8 billion, up 306% year-over-year
  • Connectivity Segment Revenue: $5.2 billion, up 69% year-over-year
  • Super Intelligence Segment Revenue: $7.6 billion, up 830% year-over-year

About SPACE EXPLORATION TECHNOLOGIES CORP

Founded in 2002, SpaceX is the only company building the integrated hardware and software infrastructure of the future across space, connectivity, and AI. At our core, we are builders. We design, manufacture, launch, and operate products and services built on cutting-edge technologies, including the world’s most advanced rockets and spacecraft. We safely and reliably transport astronauts, satellites, and other payloads on missions that benefit life on Earth. Since 2023, we have launched more than 80% of mass to orbit for the world each year with an over 99% mission success rate with Falcon rockets. We also operate a high-speed, low-latency global broadband data and communications network powered by approximately 9,600 Starlink broadband and mobile satellites in Low-Earth Orbit, delivering connectivity to millions of consumer, enterprise, and government customers across 164 countries, territories, and other markets, as of March 31, 2026. Using our dedicated satellite-to-mobile constellation, we offer connectivity services, supplementing terrestrial networks and substantially reducing mobile “dead zones” across approximately 30 countries.

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