Space Exploration Technologies Corp. logo
SPCXSpace Exploration Technologies Corp.

Operating Margin: -41.39%

Is the operating margin high or low?

The operating margin of -41.39% is 307% below its 1-year average of -10.18%, near the low end of its 1-year range (-41.39%–0.66%).

As of Monday, June 29, 2026. 204.89% below its 12-month average of -13.58%.

Operating Margin

SPCX Operating Margin

-41.39%

Reported quarterly operating margin; no daily interpolation.

SPCX Operating Margin

SPCX Average Operating Margin Chart

SPCX Operating Margin

SPCX Current vs Average Operating Margin Chart

SPCX Operating Margin Metrics

OPERATING MARGIN

-41.39%

OPERATING MARGIN AVG TTM

-13.58%

OPERATING MARGIN AVG 3Y

N/A

OPERATING MARGIN AVG 5Y

N/A

OPERATING MARGIN AVG 10Y

N/A

OPERATING MARGIN AVG 15Y

N/A

OPERATING MARGIN AVG 20Y

N/A

CURRENT VS TTM AVG

-204.89%

CURRENT VS 3Y AVG

N/A

CURRENT VS 5Y AVG

N/A

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

SPCX Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Space Exploration Technologies Corp. (SPCX)$2.15T-41.39%-13.58%N/AN/A
Caterpillar Inc. (CAT)vs ›$464.69B16.56%18.38%17.35%15.63%
GE Aerospace (GE)vs ›$385.54B18.51%18.30%15.57%10.78%
RTX Corporation (RTX)vs ›$252.27B10.87%9.30%8.00%6.10%
Siemens AG (SIEGY)vs ›$238.06B11.70%12.00%11.66%10.82%
ABB Ltd (ABBNY)vs ›$192.22B17.22%16.82%15.02%14.32%
Schneider Electric S.E. (SBGSY)vs ›$175.60B16.35%16.88%16.63%16.14%
The Boeing Company (BA)vs ›$169.24B-5.89%-11.16%-7.16%-9.20%
Deere & Company (DE)vs ›$165.35B18.38%18.84%21.89%20.22%
Union Pacific Corporation (UNP)vs ›$161.91B40.09%40.09%39.43%40.11%

Operating Efficiency

Gross Margin

49.4%

Operating Margin

-41.4%

Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Operating Margin FAQ

What is the operating margin for Space Exploration Technologies Corp. (SPCX)?
The operating margin for SPCX stock is -41.39%.
Is Space Exploration Technologies Corp.'s operating margin high or low?
The operating margin of -41.39% is 307% below its 1-year average of -10.18%, near the low end of its 1-year range (-41.39%–0.66%).
What is the TTM average operating margin for Space Exploration Technologies Corp. (SPCX)?
The TTM average operating margin for SPCX stock is -13.58%.

SPCX Operating Margin History

DATEOPERATING MARGIN
2026-03-31-41.39%
2025-12-310.00%
2025-03-310.66%
2024-12-310.00%

About Space Exploration Technologies Corp.

Space Exploration Technologies Corp. designs, manufactures, and launches rockets and spacecraft, and provides satellite-based broadband services in the United States, Ireland, and Canada. The company offers launch services for satellites, cargo, and crew to destinations such as low Earth orbit, the International Space Station, the Moon, and Mars, using vehicles, including Falcon 9, Falcon Heavy, and Starship. It provides dedicated rideshare missions for small satellites, manufactures reusable rockets and spacecraft, such as Dragon and Starship, and conducts suborbital and orbital flight tests. The company supplies broadband internet connectivity through the Starlink satellite network for consumer and commercial use, and offers Starshield, a satellite-based solution for government users focused on sensing, communications, and satellite bus services. It supports scientific research opportunities and provides on-orbit research and travel services for private and government customers, and collaborates with government agencies for national security space launch missions. The company serves government agencies, national security organizations, commercial satellite operators, research institutions, and private spaceflight clients, supporting scientific research and commercial payload missions for professional and industrial clients in the aerospace and telecommunications sectors. The company was founded in 2002 and is based in Starbase, Texas.

Starbase, TX
22,000 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
Elon Musk