SpaceX Reports Record Revenue and Profit in Q3 2026
In its third-quarter earnings call for fiscal year 2026, SpaceX reported a revenue of $14.6 billion, marking a significant increase of 161% compared to the previous year. This growth was primarily driven by Starlink subscriber expansion and cloud services agreements. The company also posted a net income of $4.4 billion, an improvement from a prior-year loss of $1.1 billion. Adjusted EBITDA reached $8.8 billion, reflecting strong performance in its Connectivity and Super Intelligence segments. Notably, the Super Intelligence segment saw revenue jump to $7.6 billion due to new compute capacity activation and the Cursor acquisition. Starlink now has 13.6 million consumer subscribers with a monthly average revenue per user (ARPU) of $69. Looking ahead, SpaceX expects capital expenditures in Q4 to range between $35 billion and $40 billion as it accelerates infrastructure development for compute clusters in Memphis and Southaven.
Topics: adjusted EBITDA net income revenue Starlink growth Super Intelligence segment