TTM
—
YoY change
+6.44pp
Trough year (2023)
41.2%
Peak year (2025)
49.4%
Latest annual
49.4%
Gross Margin history chart for SpaceX (SPCX) from 2023 to 2025
Latest: 49.4%
Gross Margin change chart for SpaceX (SPCX) from 2023 to 2025
Latest: +6.44pp
Gross Margin history table for SpaceX (SPCX) from 2023 to 2025
| 2025 | 49.4% | +6.44pp | ||
| 2024 | 42.9% | +1.77pp | ||
| 2023 | 41.2% | — |
- 202549.4%+6.44pp
- 202442.9%+1.77pp
- 202341.2%—
Gross Margin values are taken from SpaceX's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at SpaceX (SPCX)
According to SpaceX's latest reported financial statements, the company's latest reported gross margin is 49.4%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, SpaceX (SPCX) gross margin totalled 49.39% – expanded 6.4 percentage points year-over-year.
SpaceX Gross Margin by Year
SpaceX Gross Margin 2025: 49.4%
SpaceX posted gross margin of 49.39% in 2025, expanded 6.4 percentage points from 2024. This figure represents the highest annual value in the available history.
SpaceX Gross Margin 2024: 42.9%
In 2024, SpaceX reported gross margin of 42.95%, expanded 1.8 percentage points from 2023.
SpaceX Gross Margin 2023: 41.2%
SpaceX gross margin in 2023 was 41.18%.
See more financial history for SpaceX (SPCX).
Sector peers by Gross Margin
Industrials peers of SpaceX (SPCX), ranked by their latest gross margin
| 45.7% | |
| 36.9% | |
| 36.9% | |
| 35.1% | |
| 34.8% | |
| 32.5% | |
| 20.2% | |
| 4.8% |
- 45.7%
- 35.1%
- 34.8%
- 32.5%
- 20.2%
- 4.8%
Frequently asked questions
SpaceX (SPCX) Key Financials
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