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Rocket Lab USA Inc.
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Rocket Lab USA Inc.

Rocket Lab Announces Record Q1 2026 Financial Results and Strategic Acquisitions

| 8-K |Industrials

Summary

Rocket Lab Corporation announced its financial results for the first quarter of 2026, reporting record quarterly revenue of $200.3 million, a 63.5% increase year-over-year. The company also reported a record GAAP gross margin of 38.2% and a record backlog of $2.2 billion. Rocket Lab signed 31 new Electron and HASTE contracts and five new dedicated Neutron launches, bringing the total launch manifest to over 70 contracted missions. The company completed the acquisition of Mynaric AG and signed a definitive agreement to acquire Motiv Space Systems. For the second quarter of 2026, Rocket Lab expects revenue between $225 million and $240 million.

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About Rocket Lab USA Inc.

Rocket Lab USA Inc. is an innovative aerospace company specializing in the manufacture and launch of small satellite launch vehicles. The company's primary purpose is to facilitate rapid and reliable access to space, a crucial service as the demand for satellite deployment grows across numerous industries. Through its Electron launch vehicle and recently developed Neutron rocket, Rocket Lab USA Inc. impacts sectors such as telecommunications, earth observation, space research, and national defense. Additionally, Rocket Lab develops and provides small satellite solutions, including satellite components, and services for end-to-end space missions. Founded in 2006 and headquartered in Long Beach, California, the company has established itself as a significant force in the commercialization of space, supporting new space ventures and contributing to technological advancements. By reducing costs and providing frequent launch opportunities, Rocket Lab USA Inc. plays a vital role in furthering the accessibility of space exploration and satellite management.

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