SpaceX $SPCX announced strong results for the third quarter of 2026
Revenue: $14.58 billion versus $13 billion expected, up 161% year over year ✅
Earnings per share: $0.35 versus $0.16 expected, up 197% year over year ✅
The superintelligence segment generated $7.6 billion in revenue, up 830% year over year, and now accounts for more than half (52%) of the company’s total revenue.
Management issued its revenue forecast for the first quarter of 2027, estimating it at between $33 billion and $37 billion, based on plans to add 10 gigawatts of computing capacity during 2027.
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Revenue: $14.58 billion versus $13 billion expected, up 161% year over year ✅
Earnings per share: $0.35 versus $0.16 expected, up 197% year over year ✅
The superintelligence segment generated $7.6 billion in revenue, up 830% year over year, and now accounts for more than half (52%) of the company’s total revenue.
Management issued its revenue forecast for the first quarter of 2027, estimating it at between $33 billion and $37 billion, based on plans to add 10 gigawatts of computing capacity during 2027.
These are positive indicators 📈
Leave a like 🤍
#EarningsSeason