SpaceX (SPCX) Q2 2026 Earnings Report: Live updates

SpaceX reports fiscal second-quarter results after the bell on Tuesday, the company’s debut earnings report following its record IPO in June.

Here’s what analysts are expecting, according to LSEG.

• Revenue: $6.93 billion
• Earnings per share: Loss of 26 cents

The company’s reported earnings — or loss — per share may not be comparable to the consensus of analysts’ estimates, as initial reports often contain unpredictable adjustments.

It’s the first time for Elon Musk’s reusable rocket maker to face Wall Street in this capacity, and investors are jittery. Since opening at $150 on June 12, SpaceX’s stock has dropped by 24%, wiping out close to $500 billion in market cap. The shares are almost 50% blow their intraday peak reached on June 16.

SpaceX lost $4.9 billion last year, largely due to hefty investments in artificial intelligence infrastructure. The company merged with Musk’s xAI in February, saying at the time that the vision was to build data centers in space. But even the launch business, which counts on large contracts from NASA, is losing money.

Most of SpaceX’s revenue for the year, and its only source of profit, came from its connectivity segment, which consists of its Starlink satellite internet service. Starlink is sold directly to consumers, as well as to government and military agencies.

Here’s what analysts expect in terms of revenue from SpaceX’s three segments, according to StreetAccount:

• Space: $835 million
• Connectivity: $3.83 billion
• AI: $2.18 billion

SpaceX’s conference call to discuss results is scheduled to begin at 4:30 p.m. ET.

CNBC’s reporters are covering SpaceX earnings from bureaus in San Francisco and Englewood Cliffs, New Jersey.