SpaceX reported Q3 2026 revenue of $14.6 billion. This was up 161% year over year. Net income reached $4.4 billion. Adjusted EBITDA rose 306% to $8.8 billion. Super Intelligence revenue hit $7.6 billion. Connectivity revenue grew 69% to $5.2 billion. Space revenue increased 6% to $1.8 billion. Starlink consumer subscribers reached 13.6 million. Starlink mobile users grew 37% to 22 million. Nameplate compute capacity rose to 1.7 gigawatts. Capital expenditures totaled $19.6 billion. Q4 capex guidance is $35 billion to $40 billion. Q1 2027 revenue guidance is $33 billion to $37 billion.
What changed
Revenue was $5.6B in Q3 2025 with a net loss of $1.1B.
What it unlocks
Scaling compute and Starlink subscriber growth to drive operating leverage.
- $14.6B revenue, up 161% YoY
- $4.4B net income, up $5.5B YoY
- 13.6M Starlink consumer subscribers
- 1.7 GW nameplate compute capacity
Sources