v3.26.3
Segments (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Information
The following tables present information as to revenues, significant segment expenses, and income (loss) from operations by the Company’s reportable segments:
Three Months Ended September 30,
2026
SpaceConnectivitySITotal Reportable Segments
Revenue
$1,767 $5,248 $7,560 $14,575 
Costs and expenses
Cost of revenue435 2,368 2,675 5,478 
Research and development1,225 188 3,183 4,596 
Selling, general, and administrative114 325 1,268 1,707 
Restructuring charges— — 3 3 
Total costs and expenses1,774 2,881 7,129 11,784 
Income (loss) from operations(7)2,367 431 2,791 
Interest expense(675)
Interest income873 
Other income, net1,025 
Income before income taxes$4,014 
Supplemental segment information
Depreciation and amortization$185 $986 $2,473 $3,644 
Share-based compensation(1)
$179 $146 $821 $1,146 
Share-based compensation related to acquisitions$— $— $1,217 $1,217 
Capital expenditures
$1,606 $1,543 $16,444 $19,593 
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(1)Share-based compensation expense excludes share-based compensation related to equity awards granted in connection with acquisitions, which is separately presented
Nine Months Ended September 30,
2026
SpaceConnectivitySITotal Reportable Segments
Revenue
$3,348 $12,796 $10,939 $27,083 
Costs and expenses
Cost of revenue1,045 6,079 4,237 11,361 
Research and development3,231 687 7,740 11,658 
Selling, general, and administrative283 819 2,263 3,365 
Restructuring charges (credits)— — (6)(6)
Total costs and expenses4,559 7,585 14,234 26,378 
Income (loss) from operations(1,211)5,211 (3,295)705 
Interest expense(1,968)
Interest income1,426 
Other expense, net(937)
Loss before income taxes$(774)
Supplemental segment information
Depreciation and amortization$509 $2,574 $5,851 $8,934 
Share-based compensation(1)
$503 $398 $1,715 $2,616 
Share-based compensation related to acquisitions$— $— $1,217 $1,217 
Capital expenditures
$3,832 $4,242 $39,995 $48,069 
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(1)Share-based compensation expense excludes share-based compensation related to equity awards granted in connection with acquisitions, which is separately presented


Three Months Ended September 30,
2025
SpaceConnectivitySITotal Reportable Segments
Revenue$1,666 $3,097 $813 $5,576 
Costs and expenses
Cost of revenue477 1,657 571 2,705 
Research and development849 141 1,301 2,291 
Selling, general, and administrative81 109 385 575 
Restructuring charges— — 278 278 
Total costs and expenses1,407 1,907 2,535 5,849 
Income (loss) from operations259 1,190 (1,722)(273)
Interest expense(514)
Interest income155 
Other income, net140 
Loss before income taxes$(492)
Supplemental segment information
Depreciation and amortization$264 $628 $922 $1,814 
Share-based compensation$151 $105 $94 $350 
Capital expenditures
$1,113 $1,007 $4,760 $6,880 
Nine Months Ended September 30,
2025
SpaceConnectivitySITotal Reportable Segments
Revenue $3,277 $8,159 $2,278 $13,714 
Costs and expenses
Cost of revenue1,104 4,271 1,574 6,949 
Research and development2,069 406 3,331 5,806 
Selling, general, and administrative256 335 1,083 1,674 
Restructuring charges— — 472 472 
Impairment29 — — 29 
Total costs and expenses3,458 5,012 6,460 14,930 
Income (loss) from operations(181)3,147 (4,182)(1,216)
Interest expense(1,372)
Interest income370 
Other income, net342 
Loss before income taxes$(1,876)
Supplemental segment information
Depreciation and amortization$572 $1,706 $2,506 $4,784 
Share-based compensation$383 $270 $391 $1,044 
Impairment$29 $— $— $29 
Capital expenditures$2,818 $2,951 $8,077 $13,846