v3.26.3
Segments (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2026
USD ($)
segment
Sep. 30, 2025
USD ($)
Segment Reporting [Abstract]        
Number of operating segments | segment     3  
Number of reportable segments | segment     3  
Segment Reporting [Line Items]        
Revenue $ 14,575 $ 5,576 $ 27,083 $ 13,714
Costs and expenses        
Cost of revenue 5,478 2,705 11,361 6,949
Research and development 4,596 2,291 11,658 5,806
Selling, general, and administrative 1,707 575 3,365 1,674
Restructuring charges (credits) 3 278 (6) 472
Impairment 0 0 0 29
Total costs and expenses 11,784 5,849 26,378 14,930
Income (loss) from operations 2,791 (273) 705 (1,216)
Interest expense (675) (514) (1,968) (1,372)
Interest income 873 155 1,426 370
Other income (expense), net 1,025 140 (937) 342
Income (loss) before income taxes 4,014 (492) (774) (1,876)
Supplemental segment information        
Depreciation and amortization     8,934 4,784
Share-based compensation 2,363 350 3,833 1,044
Impairment 0 0 0 29
Space        
Segment Reporting [Line Items]        
Revenue 1,767 1,666 3,348 3,277
Connectivity        
Segment Reporting [Line Items]        
Revenue 5,248 3,097 12,796 8,159
SI        
Segment Reporting [Line Items]        
Revenue 7,560 813 10,939 2,278
Operating Segments        
Segment Reporting [Line Items]        
Revenue 14,575 5,576 27,083 13,714
Costs and expenses        
Cost of revenue 5,478 2,705 11,361 6,949
Research and development 4,596 2,291 11,658 5,806
Selling, general, and administrative 1,707 575 3,365 1,674
Restructuring charges (credits) 3 278 (6) 472
Impairment       29
Total costs and expenses 11,784 5,849 26,378 14,930
Income (loss) from operations 2,791 (273) 705 (1,216)
Interest expense (675) (514) (1,968) (1,372)
Interest income 873 155 1,426 370
Other income (expense), net 1,025 140 (937) 342
Income (loss) before income taxes 4,014 (492) (774) (1,876)
Supplemental segment information        
Depreciation and amortization 3,644 1,814 8,934 4,784
Share-based compensation 1,146   2,616  
Share-based compensation related to acquisitions 1,217   1,217  
Share-based compensation   350   1,044
Impairment       29
Capital expenditures 19,593 6,880 48,069 13,846
Operating Segments | Space        
Segment Reporting [Line Items]        
Revenue 1,767 1,666 3,348 3,277
Costs and expenses        
Cost of revenue 435 477 1,045 1,104
Research and development 1,225 849 3,231 2,069
Selling, general, and administrative 114 81 283 256
Restructuring charges (credits) 0 0 0 0
Impairment       29
Total costs and expenses 1,774 1,407 4,559 3,458
Income (loss) from operations (7) 259 (1,211) (181)
Supplemental segment information        
Depreciation and amortization 185 264 509 572
Share-based compensation 179   503  
Share-based compensation related to acquisitions 0   0  
Share-based compensation   151   383
Impairment       29
Capital expenditures 1,606 1,113 3,832 2,818
Operating Segments | Connectivity        
Segment Reporting [Line Items]        
Revenue 5,248 3,097 12,796 8,159
Costs and expenses        
Cost of revenue 2,368 1,657 6,079 4,271
Research and development 188 141 687 406
Selling, general, and administrative 325 109 819 335
Restructuring charges (credits) 0 0 0 0
Impairment       0
Total costs and expenses 2,881 1,907 7,585 5,012
Income (loss) from operations 2,367 1,190 5,211 3,147
Supplemental segment information        
Depreciation and amortization 986 628 2,574 1,706
Share-based compensation 146   398  
Share-based compensation related to acquisitions 0   0  
Share-based compensation   105   270
Impairment       0
Capital expenditures 1,543 1,007 4,242 2,951
Operating Segments | SI        
Segment Reporting [Line Items]        
Revenue 7,560 813 10,939 2,278
Costs and expenses        
Cost of revenue 2,675 571 4,237 1,574
Research and development 3,183 1,301 7,740 3,331
Selling, general, and administrative 1,268 385 2,263 1,083
Restructuring charges (credits) 3 278 (6) 472
Impairment       0
Total costs and expenses 7,129 2,535 14,234 6,460
Income (loss) from operations 431 (1,722) (3,295) (4,182)
Supplemental segment information        
Depreciation and amortization 2,473 922 5,851 2,506
Share-based compensation 821   1,715  
Share-based compensation related to acquisitions 1,217   1,217  
Share-based compensation   94   391
Impairment       0
Capital expenditures $ 16,444 $ 4,760 $ 39,995 $ 8,077