Rocket Lab’s shares surged 34.2% post-earnings as the company delivered a significant beat on revenue, backlog growth, and contract bookings, signaling strong execution and robust demand across launch and space systems segments.

• Revenue topped $200 million in Q1, marking a record quarter and a 63% increase year-over-year.
• Gross margins remain healthy with GAAP at 38.2% and non-GAAP at 43%.
• Backlog surpassed $2 billion, up 20% sequentially and 108% year-over-year, fueled by record contract signings.
• Booked 31 missions for Electron and HASTE, the highest quarterly launch order count in company history, pushing the launch backlog above 70 missions.
• Cash and liquidity remain strong with $1.48 billion on hand and secured access to over $2 billion, supporting growth and M&A opportunities.