Space Exploration Technologies Corp. (SPCX) Financial Statements

Income statement

Metric	TTM	2025	2024	2024	2023
Revenue
Total Revenue	32.0B	18.7B	14.0B	10.4B	10.4B
Cost of Revenue	13.9B	9.5B	8.0B	6.1B	6.1B
Gross Profit	18.2B	9.2B	6.0B	4.3B	4.3B
Operating Expenses
R&D Expense	14.5B	8.6B	3.5B	2.1B	2.1B
SG&A Expense	4.3B	2.6B	1.8B	1.7B	1.7B
General & Admin Expense	746.0M	2.6B	1.8B	1.7B	1.7B
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	(6.0M)	525.0M	276.0M	4.0B	4.0B
Total Operating Expenses	18.8B	11.8B	5.6B	7.8B	7.8B
Cost and Expenses	32.7B	21.3B	13.5B	13.9B	13.9B
Operating Income (EBIT)	(644.0M)	(2.6B)	466.0M	(3.5B)	(3.5B)
Non-Operating
Interest Income	1.5B	492.0M	371.0M	249.0M	249.0M
Interest Expense	2.5B	1.9B	1.6B	1.7B	1.7B
Net Interest Income	(993.0M)	(1.5B)	(1.2B)	(1.4B)	(1.4B)
Other Non-Op Income/Expense	(2.5B)	(1.6B)	(224.0M)	(1.5B)	(1.5B)
Non-Operating Income (excl Interest)	(3.6B)	(177.0M)	985.0M	(42.0M)	(42.0M)
EBT (Pre-Tax Income)	(3.1B)	(4.2B)	242.0M	(5.0B)	(5.0B)
Income Tax Expense	(357.0M)	718.0M	(549.0M)	(363.0M)	(363.0M)
Bottom Line
Net Income	(2.8B)	(4.9B)	791.0M	(4.6B)	(4.6B)
Earnings from Cont. Ops	(2.8B)	(4.9B)	791.0M	(4.6B)	(4.6B)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(3.4B)	(4.9B)	18.0M	(4.6B)	(4.6B)
Per Share
Basic EPS	($0.99)	($1.69)	$0.01	($1.68)	($1.68)
Diluted EPS	($1.01)	($1.69)	$0.00	($1.68)	($1.68)
Revenue Per Share	$2.68	$6.38	$4.92	$3.76	$3.76
Shares
Basic Shares Outstanding	11.9B	2.9B	2.8B	2.8B	2.8B
Diluted Shares Outstanding	12.5B	2.9B	10.0B	2.8B	2.8B
Profitability Metrics
EBITDA	13.8B	4.3B	3.3B	(828.0M)	(828.0M)
D&A	10.9B	6.7B	3.8B	2.6B	2.6B
EBIT	3.0B	(2.4B)	(519.0M)	(3.5B)	(3.5B)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026