BackReport summary

SPCX

Space Exploration Technologies Corp.

Space Exploration Technologies (SPCX) Q2 2026 earnings

Published Aug 4, 2026

AI summary

  • Revenue $7.81B, up 92% from $4.07B a year ago.
  • GAAP EPS −$0.09 beat the −$0.29 consensus by $0.20, up from −$0.34 a year ago.
  • SpaceX reported second quarter revenue of $7.8 billion, a 92% increase compared to the same period last year.
  • The company narrowed its net loss to $541 million, an improvement from a $1.0 billion loss in the prior year.
  • Connectivity segment revenue grew 66% year-over-year, driven by a doubling of Starlink subscribers to 12 million.

Results vs analyst consensus

Revenue

Reported

$7.81B

Consensus not captured before release

+92% YoY

EPS · GAAP (street basis)

Reported · Diluted EPS (GAAP, street basis)

−$0.09

Consensus −$0.29

Beat by $0.20

GAAP EPS: −$0.09

Consensus: Yahoo Finance · Q2 2026 · EPS estimate at release
Revenue display rounded; difference uses exact result.

Next quarter outlook

No guidance in this release.

What to watch

  • The company reported a net loss of $541 million for the quarter.
  • The AI segment continues to require significant capital expenditure, totaling $15.8 billion for the quarter.
Read original report

Source: Space Exploration Technologies Corp. press release · SEC Form 8-K exhibit 99.1

Figures as stated in the company’s release; consensus from the provider named above. Not financial advice.