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SpaceX (SPCX) Reports Q2 Earnings: What Key Metrics Have to Say

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SpaceX (SPCX - Free Report) reported $7.81 billion in revenue for the quarter ended June 2026, representing no change year over year. EPS of -$0.09 for the same period compares to $0 a year ago.

The reported revenue represents a surprise of +16.31% over the Zacks Consensus Estimate of $6.72 billion. With the consensus EPS estimate being -$0.26, the EPS surprise was +65.39%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how SpaceX performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenues- AI: $2.56 billion versus $2.17 billion estimated by four analysts on average.
  • Revenues- Connectivity: $4.29 billion versus $3.91 billion estimated by four analysts on average.
  • Revenues- Space: $962 million versus the four-analyst average estimate of $875.35 million.

View all Key Company Metrics for SpaceX here>>>

Shares of SpaceX have returned -28.6% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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