SpaceX reports its first financials as a public company today: Here are 4 key details to watch out for
What is arguably set to be the most watched earnings call of any company this year will take place later today. Just after market close, Space Exploration Technologies Corp., better known as SpaceX (Nasdaq: SPCX), will report its first financial results as a publicly traded company. The stakes couldn’t be higher for SpaceX and its legions of investors who have watched the company’s stock price…
SpaceX, the private aerospace company known for its ambitious space travel and satellite internet ventures, is set to make its first public financial disclosures later today as it prepares to report its Q2 2026 earnings. The company's stock has seen a significant drop since going public, falling from an all-time high of $225 per share just days after its initial public offering to around $117 today.
As investors eagerly await the results, several key financial aspects will be closely watched. Firstly, SpaceX's total and segmented revenue will be scrutinized, with analysts predicting total revenue of $6.93 billion and an earnings per share (EPS) of negative 26 cents. The company's revenue will be broken down into three main divisions: Space, Connectivity, and AI.
Connectivity, encompassing satellite internet services, is expected to lead with $3.83 billion, followed by AI at $2.18 billion and Space at $835 million. This revenue distribution differs from the company's fiscal 2025 results, where Connectivity accounted for 61% of the revenue, Space for 22%, and AI for 17%. CEO Elon Musk is anticipated to be present on the earnings call alongside CFO Bret Johnsen, though there may be future exceptions.
Additionally, investors will be keenly awaiting the company's guidance for the third quarter of 2026, as it could provide a much-needed boost to investor confidence if the Q2 results are disappointing. Lastly, the stock's reaction after the earnings announcement will be a primary focus for investors, with potential for significant price movements based on the results and guidance.
The earnings call is scheduled to begin at 4:30 pm ET today, and can be accessed live on SpaceX's investor relations website.
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