Earnings Releases·Nov 9, 2026, 4:06 PM ET

Rocket Lab — Third Quarter 2026 Earnings Summary

Q3 2026 revenue reached a record $268 million, a 73% year-over-year increase, while the company achieved positive GAAP operating cash flow of $7.2 million despite a net loss of $79.7 million.
The company fully funded its pending Iridium Communications acquisition through a $3.91 billion ATM equity offering, resulting in cash and cash equivalents rising to $4.45 billion and total assets growing to $6.57 billion.
Record backlog of $3.6 billion (up 52% sequentially) includes $515 million in new Neutron contracts, with the first Neutron launch now targeted for no earlier than 2027.
Q4 2026 guidance projects revenue between $270 million and $290 million, with adjusted EBITDA loss expected between $14 million and $20 million.