Space Exploration Technologies annual operating margin
2023
2024
2025
Space Exploration Technologies Operating Margin Growth & History (SPCX)
Space Exploration Technologies's operating margin was −13.86% for fiscal 2025.
View full Space Exploration Technologies company overviewSpace Exploration Technologies annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −13.86% | −17.19 pp |
| 2024 | 2024-12-31 | 3.33% | +37.07 pp |
| 2023 | 2023-12-31 | −33.74% | — |
Space Exploration Technologies quarterly operating margin
Q1.25
Q2.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −1.83% | +22.00 pp |
| Q1 2026 | 2026-03-31 | −41.39% | −42.06 pp |
| Q2 2025 | 2025-06-30 | −23.83% | — |
| Q1 2025 | 2025-03-31 | 0.66% | — |
Space Exploration Technologies operating margin trends
Between the periods ended 2023-12-31 and 2025-12-31, Space Exploration Technologies's operating margin increased from −33.74% to −13.86%, a change of +19.88 percentage points. The latest reported quarter, Q2 2026, shows −1.83%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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