Filing Flows › Comparisons › SPCX vs FLUT
Space Exploration Technologies vs Flutter Entertainment: SPCX and FLUT compared
Space Exploration Technologies is the larger company: $14.6B of revenue in its latest quarter (Q3 2026) against $3.9B for Flutter Entertainment (Q3 2026). Space Exploration Technologies is growing faster (+161% against +2% a year earlier). Space Exploration Technologies is more profitable, with an operating margin of 19.1% against -30.7%.
Where the money goes: SPCX and FLUT
Space Exploration Technologies (SPCX) · Q3 2026
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 follows the revenue to costs, profit and cash.
Flutter Entertainment (FLUT) · Q3 2026
Flutter Entertainment, Q3 2026: revenue $3.9B (+2% year over year), operating margin -30.7%, net loss $1.1B, operating cash flow $211M. The chart follows the revenue to costs, profit and cash.
| Space Exploration Technologies (SPCX) | Flutter Entertainment (FLUT) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $14.6B | $3.9B |
| Revenue growth, Y/Y | +161% | +2% |
| Operating margin | 19.1% | -30.7% |
| Net earnings | $4.4B | −$1.1B |
| Net margin | 30.2% | -29.6% |
| Operating cash flow | $9.6B | $211M |
| Free cash flow | — | $35.0M |
| Market value | — | $14.6B |
| Analysts’ mean target | — | $119.99 |
Where the revenue comes from
Space Exploration Technologies
- SI: $7.6B (52%)
- Connectivity: $5.2B (36%)
- Space: $1.8B (12%)
Flutter Entertainment
- International: $2.4B (62%)
- U.S.: $1.5B (38%)
Questions
Which is bigger, Space Exploration Technologies or Flutter Entertainment?
Space Exploration Technologies is the larger company: $14.6B of revenue in its latest quarter (Q3 2026) against $3.9B for Flutter Entertainment (Q3 2026).
Is Space Exploration Technologies or Flutter Entertainment growing faster?
Space Exploration Technologies is growing faster (+161% against +2% a year earlier).
Which is more profitable, Space Exploration Technologies or Flutter Entertainment?
Space Exploration Technologies is more profitable, with an operating margin of 19.1% against -30.7%.
More: Space Exploration Technologies earnings · how Space Exploration Technologies makes money · Flutter Entertainment earnings · how Flutter Entertainment makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 22, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.