SpaceX financials

Key figures from SpaceX's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters.

Latest quarter vs a year earlier

MetricSep 2026Sep 2025Change
Revenue$14.6B$5.6B+161.4%
Net income$4.4B-$1.1B+517.8%
Free cash flow-$10.0B-$3.1B-220.1%
Gross margin62.4%51.5%+10.9 pts
Operating margin19.1%-4.9%+24.0 pts
Net margin30.2%-18.9%+49.1 pts

Quarterly trend

Revenue by quarter
$4.1BJun 2025$5.6BSep 2025$7.8BJun 2026$14.6BSep 2026
Net income by quarter
-$1.0BJun 2025-$1.1BSep 2025-$541MJun 2026$4.4BSep 2026
Free cash flow by quarter
-$6.6BJun 2025-$3.1BSep 2025-$25.0BJun 2026-$10.0BSep 2026
Margins by quarter
-38%19%75%Jun 2025Sep 2025Jun 2026Sep 202643.9%51.5%55.3%62.4%-23.8%-4.9%-1.8%19.1%-24.8%-18.9%-6.9%30.2%

SPCX revenue breakdown: segments, products, and regions →

All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.