<ARTICLE> 5 <CIK> 0001001907 <NAME> SPACEHAB, INC. <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> JUN-30-1998 <CASH> 92,327,099 <SECURITIES> 0 <RECEIVABLES> 5,978,709 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 98,856,212 <PP&E> 155,925,259 <DEPRECIATION> 43,338,132 <TOTAL-ASSETS> 220,604,091 <CURRENT-LIABILITIES> 36,195,616 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 81,238,925 <OTHER-SE> 16,299 <TOTAL-LIABILITY-AND-EQUITY> 220,604,091 <SALES> 64,087,401 <TOTAL-REVENUES> 64,087,401 <CGS> 35,058,041 <TOTAL-COSTS> 35,058,041 <OTHER-EXPENSES> 16,331,727 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,479,787 <INCOME-PRETAX> 12,131,388 <INCOME-TAX> 2,526,923 <INCOME-CONTINUING> 9,604,465 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,604,465 <EPS-PRIMARY> .86 <EPS-DILUTED> .84