Earnings call briefThird-quarter 2026

Space Exploration Technologies revises Q4 capex to $35 billion to $40 billion

It also gave a first-quarter 2027 total company revenue range of $33 billion to $37 billion.

GetSignal Space Exploration Technologies SPCX

Space Exploration Technologies said on its third-quarter call that it now expects fourth-quarter capital expenditures of $35 billion to $40 billion, because of additional capacity coming online this quarter.

The company also said it expects fourth-quarter total company gross margins to be more consistent with the second quarter.

Quotes from the call

“Because of the additional capacity coming online this quarter, we expect fourth quarter capital expenditures to now be in the range of $35 billion to $40 billion for this quarter.”

Bret Johnsen

“We now see total company revenues in the range of $33 billion to $37 billion for Q1 of 2027.”

Bret Johnsen

Key facts from the call

Expected fourth-quarter capex
$35 billion to $40 billion
First-quarter 2027 revenue outlook
$33 billion to $37 billion

All SPCX call briefs

Source: Space Exploration Technologies' third-quarter 2026 earnings call, October 20, 2026.

Written by GetSignal with AI from the company's earnings call.

Not investment advice.

More earnings call briefs

  1. Constellation Energy expects nuclear uprate costs of about $4.3 billion

    CEG  Constellation Energy  Q3 2026 call 

  2. Brookfield Asset Management now sees 2026 earnings modestly below early view

    BAM  Brookfield Asset Management  Q3 2026 call 

All earnings call briefs

Follow SPCX on GetSignal

Its earnings call briefs, filings, insider trades and company news in one feed. Free on iPhone and Android.

Download on the App Store Get it on Google Play