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AI brief of an SEC Form 8-K · Space Exploration Technologies (SPCX)

SpaceX Q3 revenue rises 161% to $14.6 billion; net income $4.4 billion

Positive Impact 4 of 5 earnings

SpaceX reported third-quarter 2026 revenue of $14.6 billion, up from $5.6 billion a year earlier, and net income of $4.4 billion, compared with a net loss of $1.1 billion in the prior-year quarter. Growth was led by the Super Intelligence segment, which includes the Cursor acquisition, and by the Connectivity segment. Capital expenditures were $19.6 billion in the quarter, and the nine-month net loss was $413 million, so shareholders still face heavy spending alongside the quarterly profit.

Key points

  • Revenue was $14.6 billion, up 161% from $5.6 billion; Super Intelligence revenue was $7.6 billion
  • Net income was $4.4 billion versus a net loss of $1.1 billion; diluted EPS was $0.35 versus a loss of $0.36
  • Adjusted EBITDA was $8.8 billion, up from $2.2 billion; the nine-month net loss was $413 million
  • Capital expenditures were $19.6 billion in the quarter, and the Cursor acquisition closed August 14, 2026

The filing

CompanySpace Exploration Technologies (SPCX)
Form8-K, current report
Filed with the SECOct 20, 2026, 4:00 PM ET
Accession number0001628280-26-066482

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.