How did SpaceX's revenue change from 2022 to 2023?

SpaceX reported $8.7B in revenue for fiscal year 2023. This represents a +89.1% change compared to 2022. SpaceX's estimated 8.7 billion dollars in 2023 revenue marked an approximate 89.1 percent gain, the year reporting suggests the company first turned free-cash-flow positive.

FY2023 Revenue

$8.7B

▲ 89.1% vs FY2022 ($4.6B)

Source: Annual report / company filing

SpaceX reported $8.7B in revenue for fiscal year 2023. This represents a growth of 89.1% compared to the 2022 figure of $4.6B. In 2024, revenue increased to $13.1B.

SpaceX's estimated 8.7 billion dollars in 2023 revenue marked an approximate 89.1 percent gain, the year reporting suggests the company first turned free-cash-flow positive.

Revenue by Year

FY2024 FY2023 FY2022 FY2021 FY2020

SpaceX Annual Revenue History

Year	Revenue	YoY Change
FY2024	$13.1B	+50.6%
FY2023	$8.7B	+89.1%
FY2022	$4.6B	+76.9%
FY2021	$2.6B	+30.0%
FY2020	$2.0B	—

Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.

← Previous year

FY2022: $4.6B

Next year →

FY2024: $13.1B

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