Rocket Lab reported record fourth quarter 2025 revenue of $180 million, beating the $178.18 million estimate, while its net loss of ($0.09) per share missed expectations for a loss of ($0.08). The company posted a record $602 million in revenue for the full year, a 38% increase year-over-year.
Key Highlights
- Ending backlog grew 73% year-over-year to a record $1.85 billion, primarily driven by an $816 million contract from the Space Development Agency.
- Provided a timeline update for its Neutron rocket, targeting the first launch for the fourth quarter of 2026 following a recent test failure.
- Guides for first quarter 2026 revenue between $185 million and $200 million, representing 57% year-over-year growth at the midpoint.