Filing Flows › Space Exploration Technologies (SPCX) › Q3 2026 › vs Q2 2026
Space Exploration Technologies (SPCX) Q3 2026 vs Q2 2026 (quarter over quarter)
Space Exploration Technologies's revenue rose $6.8B (+87%) from $7.8B in Q2 2026 to $14.6B in Q3 2026. Operating margin 19.1% against -1.8% (+21.0 pts).
Space Exploration Technologies, Q3 2026: revenue $14.6B (+161% year over year), operating margin 19.1%, net earnings $4.4B, operating cash flow $9.6B. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 19.1% | -1.8% | +21.0 pts |
| Net margin | 30.2% | -6.9% | +37.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $14.6B | $7.8B | $6.8B | +87% |
| Other income, net | $1.2B | −$375M | $1.6B | — |
| Operating profit | $2.8B | −$143M | $2.9B | — |
| Costs & expenses | $11.8B | $8.0B | $3.8B | +48% |
| Pre-tax earnings | $4.0B | −$518M | $4.5B | — |
| Cost of revenue | $5.5B | $3.5B | $2.0B | +57% |
| Research & development | $4.6B | $3.5B | $1.0B | +30% |
| SG&A | $1.7B | $912M | $795M | +87% |
| Income tax benefit | $390M | −$23.0M | $413M | — |
| Net earnings | $4.4B | −$541M | $4.9B | — |
| Depreciation & amortization | $3.6B | $2.8B | $796M | +28% |
| Share-based compensation | $2.4B | $831M | $1.5B | +184% |
Questions
How much did Space Exploration Technologies's revenue grow quarter over quarter in Q3 2026?
Space Exploration Technologies's revenue rose $6.8B (+87%) from $7.8B in Q2 2026 to $14.6B in Q3 2026. Operating margin 19.1% against -1.8% (+21.0 pts).