Updated October 22, 2026 — refreshed only when the company files new financial data.
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
Metric
Sep 2026
Sep 2025
Change
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 margin
62.4%
51.5%
+10.9 pts
Operating margin
19.1%
-4.9%
+24.0 pts
Net margin
30.2%
-18.9%
+49.1 pts
Quarterly trend
Revenue by quarterNet income by quarterFree cash flow by quarterMargins by quarter