TSX:SPCX Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	23,044	18,674	14,015	10,387
Revenue Growth	-	33.24%	34.93%	-
Cost of Revenue	11,090	9,451	7,996	6,110
Gross Profit	11,954	9,223	6,019	4,277
Selling, General & Admin	3,203	2,644	1,813	1,665
Research & Development	12,190	8,643	3,464	2,105
Operating Expenses	15,393	11,287	5,277	3,770
Operating Income	-3,439	-2,064	742	507
Interest Expense	-2,380	-1,945	-1,580	-1,693
Interest & Investment Income	830	492	371	249
Other Non Operating Income (Expenses)	-797	-177	986	3
EBT Excluding Unusual Items	-5,786	-3,694	519	-934
Merger & Restructuring Charges	-284	-487	-213	-237
Gain (Loss) on Sale of Investments	-	-	-1	-45
Asset Writedown	-9	-38	-63	-3,775
Pretax Income	-7,623	-4,219	242	-4,991
Income Tax Expense	595	718	-549	-363
Net Income	-8,218	-4,937	791	-4,628
Preferred Dividends & Other Adjustments	671	-	773	-
Net Income to Common	-8,889	-4,937	18	-4,628
Net Income Growth	-	-	-	-
Shares Outstanding (Basic)	3,914	2,925	2,850	2,760
Shares Outstanding (Diluted)	3,914	2,925	2,850	2,760
Shares Change	-	2.63%	3.26%	-
EPS (Basic)	-2.27	-1.69	0.01	-1.68
EPS (Diluted)	-2.27	-1.69	0.01	-1.68
EPS Growth	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Free Cash Flow	-32,515	-14,121	-5,387	105
Free Cash Flow Per Share	-8.31	-4.83	-1.89	0.04
Gross Margin	51.88%	49.39%	42.95%	41.18%
Operating Margin	-14.92%	-11.05%	5.29%	4.88%
Profit Margin	-38.57%	-26.44%	0.13%	-44.56%
Free Cash Flow Margin	-141.10%	-75.62%	-38.44%	1.01%
EBITDA	5,897	4,967	4,566	3,142
EBITDA Margin	25.59%	26.60%	32.58%	30.25%
D&A For EBITDA	9,336	7,031	3,824	2,635
EBIT	-3,439	-2,064	742	507
EBIT Margin	-14.92%	-11.05%	5.29%	4.88%
Advertising Expenses	-	69	31	29