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Get filing alertsSpaceX Q3 2026 revenue surges 161% to $14.6B, swings to $4.4B net income
Filed October 20, 2026 · Period ending October 20, 2026 · ~1 min read
Key Changes
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Total revenue grew 161% year-over-year to $14.6 billion, up from $5.6 billion in the prior-year quarter.
Exhibit 99.1 view on EDGAR → -
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Net income was $4.4 billion, a $5.5 billion improvement from a net loss of $1.1 billion a year earlier.
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Adjusted EBITDA rose 306% to $8.8 billion, from $2.2 billion in the same quarter last year.
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Super Intelligence segment revenue reached $7.6 billion, up 830% year-over-year, driven by new cloud agreements, the Cursor acquisition, and Grok adoption.
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Connectivity segment revenue was $5.2 billion, up 69% year-over-year, supported by enterprise, government, and Starlink consumer growth.
Exhibit 99.1 view on EDGAR →
Summary
SpaceX reported a breakout third quarter, with revenue up 161% to $14.6 billion and a swing to $4.4 billion in net income from a $1.1 billion loss a year ago. Adjusted EBITDA more than quadrupled to $8.8 billion. The growth was led by the Super Intelligence segment, which saw revenue jump 830% to $7.6 billion, and Connectivity, which grew 69% to $5.2 billion.
These results reflect strong demand across cloud services, AI adoption, and satellite internet. For retail investors, the key takeaway is that SpaceX has achieved significant scale and profitability, with both major segments contributing to the improvement. The company's ability to grow revenue at this pace while turning a profit suggests strong operating leverage and market traction. The filing does not flag any concerns or risks, and the results are consistent with a company executing well on its growth strategy.
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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 20, 2026 · How we verify