RKLB is trading at $69.58 (-4.2%) as a delay in the Neutron rocket program overshadowed a Q4 revenue beat.

  • Q4 revenue reached $180M with a record $1.85B backlog, though EPS missed analyst expectations at -$0.09.
  • The Neutron launch is now rescheduled for Q4 2026 following a Stage 1 tank test failure, impacting the medium-lift rocket's timeline.
  • Management issued Q1 revenue guidance of $185-200M with anticipated gross margins between 34-36%.