Space Exploration (SpaceX) Financial Statements 2023-2025

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Space Exploration (SpaceX)

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	FY23 Dec 31, 2023	FY24 Dec 31, 2024	FY25 Dec 31, 2025	TTM Trailing 12M
Revenue Total sales generated.	$10.39 B	$14.02 B	$18.67 B	$12.51 B
Cost of Revenue Direct cost of goods/services.	$6.11 B	$8.00 B	$9.45 B	$5.88 B
Gross Profit Revenue minus cost of revenue.	$4.28 B	$6.02 B	$9.22 B	$6.63 B
Operating Expense Costs to run business.	$7.78 B	$5.55 B	$11.81 B	$8.71 B
Research and Development Investment in innovation.	$2.11 B	$3.46 B	$8.64 B	$7.06 B
Sales, General and Administrative Selling and admin costs.	$1.67 B	$1.81 B	$2.64 B	$1.66 B
General and Administrative Corporate overhead costs.	$1.67 B	$1.81 B	$2.64 B	$746.00 M
Sales and Marketing Customer acquisition costs.	-	-	-	-
Other Expenses Other operating costs.	$4.01 B	$276.00 M	$525.00 M	-$9.00 M
Operating Income Profit from operations.	-$3.51 B	$466.00 M	-$2.59 B	-$2.09 B
Net Interest Income Interest income minus expense.	-$1.44 B	-$1.21 B	-$1.45 B	-$740.00 M
Interest Income Income from investments.	$249.00 M	$371.00 M	$492.00 M	$553.00 M
Interest Expense Cost of borrowing.	$1.69 B	$1.58 B	$1.95 B	$1.29 B
Non-Operating Income (ex-Int) Income outside core operations.	-$42.00 M	$985.00 M	-$177.00 M	-$2.13 B
Total Other Income (Net) Net non-operating items.	-$1.49 B	-$224.00 M	-$1.63 B	-$2.70 B
Income Before Tax Profit before taxes.	-$4.99 B	$242.00 M	-$4.22 B	-$4.79 B
Income Tax Expense Taxes on income.	-$363.00 M	-$549.00 M	$718.00 M	$29.00 M
Net Income Final profit.	-$4.63 B	$791.00 M	-$4.94 B	-$4.82 B
Net Income From Continuing Operations Profit from core business.	-$4.63 B	$791.00 M	-$4.94 B	-$4.82 B
Net Income From Discontinued Operations Profit/loss from sold units.	-	-	-	-
Other Adjustments to Net Income Additional accounting adjustments.	-	-	-	-
Net Income Deductions Reductions from net income.	-	$773.00 M	-	$671.00 M

Earnings Per Share Company profit allocated to each outstanding share.
EPS Earnings per share. Formula: Net Income ÷ Shares	-$1.68	$0.01	-$1.69	-$1.36
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares	-$1.68	-	-$1.69	-$1.36
Shares for EPS Number of shares used to calculate EPS.
Weighted Average Shares Outst. Avg shares used for EPS.	2.76 B	2.85 B	2.93 B	5.86 B
Diluted Average Shares Outst. Shares including dilution.	2.76 B	9.96 B	2.93 B	5.86 B
Supplemental Items
EBIT Earnings before interest and tax.	-$3.46 B	-$519.00 M	-$2.41 B	$44.00 M
EBITDA Earnings before interest, tax, D&A.	-$828.00 M	$3.31 B	$4.29 B	$2.49 B
Depreciation and Amortization Non-cash expense for assets.	$2.64 B	$3.82 B	$6.70 B	$2.44 B
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Data sources and methodology

Last updated	Jun 30, 2026
Latest financial periods ended	Quarterly: Q2 FY2026 (June 30, 2026) Annual: FY 2025 (December 31, 2025)
Data provided by	Financial Modeling Prep
Original source	Company Forms 10-Q and 10-K filed with the SEC
Methodology	Company-reported financial statements and calculated financial ratios
Limitations	Historical values may change because of company restatements, reclassifications, or provider updates
Links	View source filings

Frequently Asked Questions

What is Space Exploration (SpaceX)'s revenue?

In fiscal year 2025, Space Exploration (SpaceX) generated a total revenue of $18.67 Billion.

What is Space Exploration (SpaceX)'s net income and net income margin?

In fiscal year 2025, Space Exploration (SpaceX) earned a net income of -$4.94 Billion, with a net income margin of -26.44%.

What is Space Exploration (SpaceX)'s gross profit and gross profit margin?

In fiscal year 2025, Space Exploration (SpaceX)'s gross profit was $9.22 Billion, with a gross profit margin of 49.39%.

What is Space Exploration (SpaceX)'s operating profit and operating profit margin?

In fiscal year 2025, Space Exploration (SpaceX)'s operating profit was -$2.59 Billion, with an operating profit margin of -13.86%.

What is Space Exploration (SpaceX)'s EBITDA?

In fiscal year 2025, Space Exploration (SpaceX)'s EBITDA was $4.29 Billion.

What is Space Exploration (SpaceX)'s free cash flow?

In fiscal year 2025, Space Exploration (SpaceX)'s free cash flow was -$13.95 Billion.

What are Space Exploration (SpaceX)'s total asset and total liability?

In fiscal year 2025, Space Exploration (SpaceX)'s total asset was $92.08 Billion, while its total liability was $50.75 Billion.

What are Space Exploration (SpaceX)'s capital expenditure (capex) and operating expense (opex)?

In fiscal year 2025, Space Exploration (SpaceX)'s capital expenditure (capex) was -$20.74 Billion, while its operating expense (opex) was $11.81 Billion.

What is Space Exploration (SpaceX)'s Return on Equity (ROE)?

In fiscal year 2025, Space Exploration (SpaceX)'s Return on Equity (ROE) was -11.95%.

What was Space Exploration (SpaceX)'s income tax expense, and what is its effective tax rate?

In fiscal year 2025, Space Exploration (SpaceX)'s income tax expense amounted to $718.00 Million, with an effective tax rate of -17.02%.

What is Space Exploration (SpaceX)'s Market cap?

As of , Space Exploration (SpaceX)'s market cap is .

What is Space Exploration (SpaceX)'s Enterprise value?

Space Exploration (SpaceX)'s enterprise value reached $1.58 Trillion, according to its recent quarterly filing.

Space Exploration (SpaceX)'s Income Statement Analysis: Revenue to Profit Breakdown

Space Exploration (SpaceX)'s Income Statement Analysis: Revenue to Profit Breakdown

Space Exploration (SpaceX)'s Income Statement

Space Exploration (SpaceX)'s Assets vs Liabilities & Equity

Space Exploration (SpaceX)'s Assets vs Liabilities & Equity

Space Exploration (SpaceX)'s Balance Sheet

Space Exploration (SpaceX)'s Cash flow

Space Exploration (SpaceX)'s Profitability

Space Exploration (SpaceX)'s Ratios

Data sources and methodology

Frequently Asked Questions

What is Space Exploration (SpaceX)'s revenue?

What is Space Exploration (SpaceX)'s net income and net income margin?

What is Space Exploration (SpaceX)'s gross profit and gross profit margin?

What is Space Exploration (SpaceX)'s operating profit and operating profit margin?

What is Space Exploration (SpaceX)'s EBITDA?

What is Space Exploration (SpaceX)'s free cash flow?

What are Space Exploration (SpaceX)'s total asset and total liability?

What are Space Exploration (SpaceX)'s capital expenditure (capex) and operating expense (opex)?

What is Space Exploration (SpaceX)'s Return on Equity (ROE)?

What was Space Exploration (SpaceX)'s income tax expense, and what is its effective tax rate?

What is Space Exploration (SpaceX)'s Market cap?

What is Space Exploration (SpaceX)'s Enterprise value?

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Space Exploration (SpaceX)'s Income Statement Analysis: Revenue to Profit Breakdown

Space Exploration (SpaceX)'s Income Statement Analysis: Revenue to Profit Breakdown

Space Exploration (SpaceX)'s Income Statement

Space Exploration (SpaceX)'s Assets vs Liabilities & Equity

Space Exploration (SpaceX)'s Assets vs Liabilities & Equity

Space Exploration (SpaceX)'s Balance Sheet

Space Exploration (SpaceX)'s Cash flow

Space Exploration (SpaceX)'s Profitability

Space Exploration (SpaceX)'s Ratios

Data sources and methodology

Frequently Asked Questions

What is Space Exploration (SpaceX)'s revenue?

What is Space Exploration (SpaceX)'s net income and net income margin?

What is Space Exploration (SpaceX)'s gross profit and gross profit margin?

What is Space Exploration (SpaceX)'s operating profit and operating profit margin?

What is Space Exploration (SpaceX)'s EBITDA?

What is Space Exploration (SpaceX)'s free cash flow?

What are Space Exploration (SpaceX)'s total asset and total liability?

What are Space Exploration (SpaceX)'s capital expenditure (capex) and operating expense (opex)?

What is Space Exploration (SpaceX)'s Return on Equity (ROE)?

What was Space Exploration (SpaceX)'s income tax expense, and what is its effective tax rate?

What is Space Exploration (SpaceX)'s Market cap?

What is Space Exploration (SpaceX)'s Enterprise value?

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