Space Exploration Technologies Corp. logo SPCX - Space Exploration Technologies Corp.

Price: -- -- | PRICE TARGET: $177.50 DETAILS
HIGH: $190.00
LOW: $165.00
MEDIAN: $177.50
CONSENSUS: $177.50
DOWNSIDE: 4.05%
Annual Quarterly
Metric 2026 Q1 2025 Q1
Revenue
Revenue 4,694 4,067
Cost of Revenue 2,388 1,962
Gross Profit 2,306 2,105
Operating Expenses
R&D Expenses 3,514 1,557
SG&A Expenses 746 493
Other Expenses (11) 28
Operating Expenses 4,249 2,078
Operating Income
Operating Income (1,943) 27
Interest Expense 664 447
Interest Income 213 117
Profitability
EBITDA 2,375 1,681
EBIT (67) 238
Income Before Tax (4,270) (514)
Income Tax Expense 6 14
Net Income (4,276) (528)
Per Share Data
EPS (Basic) -1.27 -0.18
EPS (Diluted) -1.27 -0.18
Shares Outstanding 3,884 2,875
Metric 2026 Q1 2025 Q4 2024 Q4
Current Assets
Cash & Cash Equivalents 15,852 24,747 11,385
Short-Term Investments 7,823 0 800
Net Receivables 1,833 1,579 1,052
Inventory 2,588 2,416 2,003
Other Current Assets 1,636 2,210 868
Total Current Assets 29,732 30,952 16,108
Non-Current Assets
Property, Plant & Equipment 55,061 43,862 22,833
Goodwill 11,681 11,809 11,129
Intangible Assets 1,432 1,548 2,211
Long-Term Investments 0 0 0
Other Non-Current Assets 3,975 3,767 4,085
Total Non-Current Assets 72,362 61,127 40,954
Total Assets 102,094 92,079 57,062
Current Liabilities
Account Payables 10,002 11,792 4,413
Short-Term Debt 1,538 928 372
Deferred Revenue 7,207 6,111 5,498
Other Current Liabilities 0 0 0
Total Current Liabilities 24,436 21,400 11,791
Non-Current Liabilities
Long-Term Debt 28,727 21,968 13,421
Deferred Tax Liabilities 0 0 0
Other Non-Current Liabilities 1,320 1,381 1,365
Total Non-Current Liabilities 36,076 29,354 19,467
Total Liabilities 60,512 50,754 31,258
Stockholders' Equity
Common Stock 6 4 3
Retained Earnings (41,311) (37,035) (32,098)
Accumulated Other Comprehensive Income 1,755 1,898 1,093
Total Stockholders' Equity 41,582 41,325 25,804
Total Liabilities & Equity 102,094 92,079 57,062
Debt Metrics
Total Debt 30,265 22,896 13,793
Net Debt 14,413 (1,851) 2,408
Metric 2026 Q1 2025 Q1
Operating Activities
Net Income (4,276) (528)
Depreciation & Amortization 2,442 1,443
Stock-Based Compensation 639 232
Change in Working Capital 374 (689)
Other Non-Cash Items 1,868 269
Operating Cash Flow 1,047 727
Investing Activities
Capital Expenditure (10,107) (4,140)
Acquisitions 0 0
Purchases of Investments (7,801) (312)
Sales/Maturities of Investments 0 289
Other Investing Activities 1,184 (7)
Investing Cash Flow (16,724) (4,170)
Financing Activities
Net Debt Issuance 4,317 (67)
Stock Repurchased (4,346) (508)
Dividends Paid 0 0
Other Financing Activities (1,276) (3)
Financing Cash Flow 7,125 354
Cash Position
Net Change in Cash (8,516) (3,019)
Cash at Beginning 25,124 11,501
Cash at End 16,608 8,482
Free Cash Flow (9,060) (3,413)
Key Metrics 2026 Q1 2025 Q1
Income Statement
Revenue 4,694 4,067
Gross Profit 2,306 2,105
Operating Income (1,943) 27
Net Income (4,276) (528)
EPS (Diluted) -1.27 -0.18
Balance Sheet
Cash & Equivalents 15,852 24,747 11,385
Total Assets 102,094 92,079 57,062
Total Debt 30,265 22,896 13,793
Stockholders' Equity 41,582 41,325 25,804
Cash Flow
Operating Cash Flow 1,047 727
Capital Expenditure (10,107) (4,140)
Free Cash Flow (9,060) (3,413)