8-K filings, 20-21 Oct 2026: Space Exploration Technologies reports 161% revenue growth

In Form 8-K filings on material events, Space Exploration Technologies said its third-quarter 2026 revenue grew 161%, and Netflix said it now expects 2026 advertising revenue of about $2.7 billion.

An update from FactIQ, written from company statements in 8-K filings of US companies to the Securities and Exchange Commission. What is FactIQ?

Key figures

Space Exploration Technologies, revenue growth, third quarter of 2026, year over year

161%attributed by the company to Connectivity momentum and an inflection in its Super Intelligence business

Netflix, expected advertising revenue for 2026

$2.7 billioncompany expects about this amount, rather than the approximately $3 billion previously expected

Southern Copper, net income, third quarter of 2026

$1,801.8 millionreported by the company as a record; up 62.7% from $1,107.6 million

AT&T, revenue growth, third quarter of 2026

5.3%attributed by the company largely to wireless service and equipment growth and fiber revenue

Space Exploration Technologies linked its growth to its Connectivity and Super Intelligence businesses

In a Form 8-K, the filing a US company makes to report a material event, Space Exploration Technologies reported its results for the third quarter of 2026.

The company attributed its 161% year-over-year revenue growth to continued Connectivity momentum and an inflection in its Super Intelligence business.
It said Super Intelligence revenue reached $7.6 billion. Costs and expenses in that segment increased $4.6 billion year over year, primarily due to continued compute infrastructure buildout.
It said Connectivity revenue reached $5.2 billion. Costs and expenses in that segment increased $974 million year over year.
It said Space segment costs and expenses increased $367 million year over year as it accelerated Starship research and development investment.

Netflix lowered its advertising revenue expectation for 2026

Netflix said it expects 2026 advertising revenue of about $2.7 billion, rather than the approximately $3 billion it previously expected. It said some ad capabilities are rolling out more slowly than anticipated, despite stronger-than-expected subscription revenue growth.
Netflix said its third-quarter 2026 revenue in India grew about 18% year over year on a foreign-exchange-neutral basis.

Three companies reported records for the third quarter of 2026

Southern Copper said its third-quarter net income reached a record $1,801.8 million, up 62.7% from $1,107.6 million, driven by higher net sales.
Chubb reported record adjusted net investment income of $1.9 billion.
CME Group reported record client activity and double-digit volume growth across all six of its asset classes.

Other large companies reported growth, charges and new commitments

AT&T said its third-quarter revenues rose 5.3%. It recorded a $2.6 billion non-cash impairment charge on its held-for-sale Mexico wireless business.
NextEra Energy said its adjusted earnings per share increased 9.7% year over year.
Intuitive Surgical reported approximately 14% growth in da Vinci procedures. It agreed to settle the da Vinci antitrust class action for a one-time $450 million payment, without admitting liability or wrongdoing.
Abbott said its sales in Key Emerging Markets increased 9.0 percent on a reported basis.

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