Filing Flows › Space Exploration Technologies (SPCX) › Q2 2026
Space Exploration Technologies (SPCX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Space Exploration Technologies (SPCX) reported revenue of $7.8B for the second quarter 2026 (Q2 2026), +92% from a year earlier. Operating margin was -1.8%, net loss $541M (6.9% of revenue).
Space Exploration Technologies, Q2 2026: revenue $7.8B (+92% year over year), operating margin -1.8%, net loss $541M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.8B | — | +92% |
| Operating profit | −$143M | — | — |
| Net earnings | −$541M | — | — |
What changed
Revenue was $7.8B in Q2 2026, up 92% year over year. Connectivity was the largest line at 55% of revenue. AI added $1.8B year over year (up 247%), 49% of the total change.
Operating costs exceeded revenue by $0.14B, an operating margin of -1.8%. Total costs grew 58% against revenue growth of 92%. The fastest-growing cost line was Research & development (+81%). The quarter ended with a net loss of $0.54B. Net interest and other expense of $0.38B was the main reason.
Questions
What was Space Exploration Technologies' revenue in the second quarter 2026?
Space Exploration Technologies (SPCX) reported revenue of $7.8B for the second quarter 2026 (Q2 2026), +92% from a year earlier.
Was Space Exploration Technologies profitable in the second quarter 2026?
Operating loss was $143M (-1.8% of revenue) and net loss $541M.