technology
SpaceX Connectivity Segment Reports Revenue and Profit Growth
SpaceX reported financial results for its Connectivity segment for the first quarter of 2026 and full-year 2025. The segment, driven primarily by Starlink, showed increases in revenue, operating income, and adjusted EBITDA.
May 20, 5:27 PM·1m read1 source
SA
news.google.comAudio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.
SpaceX reported financial results for its Connectivity segment for the three months ended March 31, 2026. The segment generated revenue of $3.25 billion, income from operations of $1.18 billion, and Segment Adjusted EBITDA of $2.08 billion. The company also provided full-year 2025 figures for the same segment.
Revenue reached $11.38 billion, income from operations totaled $4.42 billion, and Segment Adjusted EBITDA was $7.16 billion.
The 2025 results represented year-over-year growth of 49.8 percent in revenue, 120.4 percent in income from operations, and 86.2 percent in Segment Adjusted EBITDA. The company attributed the increases to subscriber growth, increasing enterprise adoption, and continued improvement in network efficiency. The reported figures cover the period ending March 31, 2026, and the full calendar year 2025.
Transparency
How sources framed this
SA
SA
Single source — no framing comparison available.
CorroborationLimited · 1 source
