Space Exploration Technologies Corp.

SPCX

Space Exploration Technologies Corp.’s revenue for fiscal 2025 (year ended December 2025) was $18.7 billion, up 33.2% from fiscal 2024. Member of the Nasdaq 100.

146.03 2.59 −1.74%
Market cap
$2.02T
P/E
0.0×
Fwd P/E
—
Dividend yield
2.46%
F-score
n/a
Altman Z
n/a
Beneish M
−2.92
Dividend safety
n/a

Insider Decisions trades per month

Total sells 53.75
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — 1 — — — — 1 —
Insider Ownership 50.55%

Capital & Financial Ratios $m

Market Cap 2,016,930.00
Revenue 20,646.00
Net Income (10,762.00)
Free Cash Flow (42,374.00)
Net Debt (60,645.00)
Current Ratio 5.12 (at or above 1.5: strong)
Debt/Equity 0.31 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E —
P/S ratio 41.48 (above 10: high)
P/B ratio 6.73 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth 142.80% (at or above 10%: strong)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate 3.59
Annual Dividend Yield 2.46%
total individual payouts
2025 3.59
3.11
0.49
2024 0.16
0.14
0.02
2023 0.52
0.52
2021 0.36
0.36
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash — 12,185 24,747 100,009
Receivables — 1,052 1,579 3,596
Inventory — 2,003 2,416 2,718
Other — — — —
— 16,108 30,952 108,047
2023 2024 2025 Q'26
Payables — 4,413 11,792 8,243
ST’ Debt — 372 928 2,525
Other — — — —
— 11,791 21,400 21,122

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Revenue $m

Mar Jun Sep Dec Year
’26 4,694 7,814 — — —
’25 4,067 4,071 — — 18,674
’24 — — — — 14,015
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 1,047 2,419 — — —
’25 727 (376) — 6,785 6,785
’24 — — — 5,776 5,776
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (9,067) (15,963) — — —
’25 (3,413) (3,223) — (14,121) (14,121)
’24 — — — (5,387) (5,387)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (1.10) (0.09) — — —
’25 (0.18) (0.34) — — (1.69)
’24 — — — — 0.08
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — — — —

Analyst estimates 2026–2028

Powerpack
High — — — — — — — — — —
People
People Employees — — — — — — — — — 22,000
Revenue/emp, $m — — — — — — — 0.00 0.00 0.85
Income, $m
Income, $m Revenue — — — — — — — 10,387 14,015 18,674
Gross margin, % — — — — — — — 41.18 42.95 49.39
EBT — — — — — — — (4,991) 242 (4,219)
EBT margin, % — — — — — — — (48.05) 1.73 (22.59)
Net income — — — — — — — (4,628) 791 (4,937)
Depreciation — — — — — — — 6,622 3,908 6,794
Per share, $
Per share, $ Revenue — — — — — — — 3.76 4.92 6.38
Earnings — — — — — — — (1.68) 0.28 (1.69)
Cash flow — — — — — — — 1.64 2.03 2.32
Capex — — — — — — — (1.60) (3.92) (7.14)
Free cash flow — — — — — — — 0.04 (1.89) (4.83)
Book value — — — — — — — 0.00 1.71 0.88
Shares, m — — — — — — — 2,759 2,848 2,926
Valuation, ×
Valuation, × P/E — — — — — — — 0.00 0.00 0.00
P/S — — — — — — — 0.00 0.00 0.00
P/B — — — — — — — 18.10 18.10 18.10
EV/Sales — — — — — — — 0.00 0.00 0.00
EV/FCF — — — — — — — (21.18) (21.18) (21.18)
Cash, $m
Cash, $m Operating cash flow — — — — — — — 4,520 5,776 6,785
Capex — — — — — — — (4,415) (11,163) (20,906)
Free cash flow — — — — — — — 105 (5,387) (14,121)
Balance, $m
Balance, $m Working capital — — — — — — — — 4,317 9,552
Total debt — — — — — — — — 13,793 22,896
Net debt — — — — — — — — 1,608 (1,851)
Shareholders’ equity — — — — — — — — 4,863 2,573
Returns, %
Returns, % ROA — — — — — — — 0.00 0.06 (6.62)
ROIC — — — — — — — 0.00 4.50 (224.12)
ROE — — — — — — — 0.00 0.00 (132.79)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Space Exploration Technologies Corp. vs peers (Q) = latest quarter vs a year earlier

No peers yet.

Space Exploration Technologies Corp. (SPCX) key facts

  • Strength: Space Exploration Technologies Corp.’s revenue for fiscal 2025 (year ended December 2025) was $18.7 billion, up 33.2% from fiscal 2024.
  • As of October 16, 2026, SPCX traded at $146.03, a market capitalization of $2.02 trillion.
  • Space Exploration Technologies Corp. pays an annual dividend of $3.59 per share, a yield of 2.46%.
  • Return on equity was −132.8% and debt-to-equity 0.31.

Source: company filings (standardised) and stockrow calculations.

Space Exploration Technologies Corp. (SPCX) Latest News

16 Oct

stockrow.com/SPCX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com