Frontier signal stream

Firefly Aerospace announced its second quarter 2025 financial results following its historic IPO.

Intuitive Machines reported record quarterly revenue of $206M, over four times Q2 2025, with quarter-end backlog of $1.8B. The company booked $920M of awards in Q2 plus a further $300M in Q3 to date, signed a $600M+ contract for three commercial GEO satellites, and grew national security revenue from 3% to 30% of the total year over year. Drivers cited: spacecraft production, CLPS, OMES and the Lanteris platforms.

Rocket Lab reported record second-quarter 2026 revenue of $234 million (up 62% year-over-year), a record backlog, and secured more than $437 million in new Neutron launch commitments; it guided to another record revenue quarter in Q3 2026. Revenue landed at the top of its $225M-$240M guidance.

On 7 August 2026 Richtech Robotics filed Amendment No. 1 to its Annual Report on Form 10-K and Amendment No. 1 to a Quarterly Report on Form 10-Q, together with a further Form 10-Q, giving effect to the restatement its Audit Committee determined on 9 June 2026. The restatement corrects the accounting for warrant liabilities issued in FY2025 and FY2024, for the Standby Equity Purchase Agreement with YA II PN, Ltd. dated 15 February 2024, and for certain restricted stock awards issued in December 2025. Filing the restated accounts is the precondition for clearing the Nasdaq late-filing deficiency under Listing Rule 5250(c)(1).

In its debut quarterly report as a public company, SpaceX reported Q2 2026 revenue of $7.81B (vs $6.93B consensus), up 92% YoY, with a 9-cent loss per share (vs 26-cent expected) and net loss narrowed to $541M from $4.28B in Q1. All three segments beat: Connectivity/Starlink $4.29B (12M subscribers, +1.7M QoQ), AI Infrastructure $2.56B (loss narrowed to $1.26B), Space/launch $962M. Adjusted EBITDA $3.5B (+75% vs consensus). Company issued its first-ever formal full-year guidance in 24 years, raising it ~$500M above consensus, and disclosed 'Terafab' — a $55B first-phase (up to $119B) semiconductor plant in Texas with Tesla and Intel. First mandatory 10-Q filed. A ~911.5M-share insider lock-up releases Aug 6.

Meta reported Q2 2026 revenue of $60.80bn, up 28% year over year, while costs and expenses rose 55% to $42.03bn. Income from operations fell 8% to $18.78bn, the operating margin dropped to 31% from 43%, and diluted EPS declined 13% to $6.18. Family daily active people reached 3.60 billion, up 3%, with ad impressions up 14% and average price per ad up 12%.

For the quarter ended 30 June 2026 Microsoft reported revenue of $90.0bn (+18%, +17% cc), operating income $40.6bn (+18%), net income $35.8bn (+31% GAAP; $35.3bn non-GAAP, +22%) and diluted EPS $4.81 (+32% GAAP; $4.74 non-GAAP). Satya Nadella said Azure revenue surpassed $100bn for the first time during the fiscal year and Microsoft 365 Copilot reached over 30 million paid seats. Microsoft Cloud revenue was $59.3bn, up 27%. Discrete items added $0.27 to diluted EPS versus April guidance, including a $3.2bn gain on Microsoft's investment in Anthropic and lower-than-expected Voluntary Retirement Program costs, partly offset by severance and impairment charges in Xbox.

Intuitive Machines announced the date of its second-quarter 2026 financial results conference call. Scheduling notice only, carrying no financial or operational disclosure.

Alphabet reported second quarter 2026 results on 22 July 2026 for the quarter ended 30 June 2026. Consolidated revenues rose 24% (23% constant currency) to $119,796m, a 12th consecutive quarter of double-digit growth. Google Services grew 15% to $94.5bn, led by 17% growth in Google Search & other, 15% in subscriptions/platforms/devices and 13% in YouTube ads. Google Cloud accelerated again, up 82% to $24.8bn. Operating income rose 30% and operating margin expanded two points to 34%. Other income carried a $98.0bn net gain, overwhelmingly unrealised gains on equity securities, so net income available to common stockholders rose 298% and EPS rose 294% to $9.11 - a figure driven by mark-to-market gains rather than operations, and worth reading alongside the 34% operating margin. Sundar Pichai reported nearly 90% of the Fortune 100 using Gemini Enterprise, Gemini models processing 22 billion API tokens per minute, 950 million monthly active users on the Gemini App, the new Gemini 3.5 Flash Cyber security model, and over 1.7 billion unique viewers of World Cup-related video on YouTube during FIFA World Cup 2026. The financing story shows in the cash flow statement: purchases of property and equipment were $44,924m in the quarter against $22,446m a year earlier, and $80,598m for the first half against $39,643m - capex has almost exactly doubled year on year.

Q2 2026 group sales rose 5% year-on-year to $10,876m and 10% sequentially, with operating income of $1.1bn (10.1% margin) and diluted EPS of $7.68 versus $8.15 a year earlier (the prior-year quarter included a $150m divestiture benefit). Net awards of $20bn lifted backlog to a new company record of $105bn. The company raised 2026 guidance: sales to $43.75-44.25bn (up $250m) and MTM-adjusted EPS to $28.60-29.10 (up $1.20). Space Systems sales rose 4% to $2,753m but segment operating income fell 16% to $236m; first-half Space sales were flat at $5,233m with operating income down 16% to $471m. Not flagged a big event despite the guidance raise and record backlog - see notes.