Rocket Lab USA Inc. Common Stock Q1 2026 Earnings Recap

RKLB Q1 2026 May 9, 2026

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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.

Earnings Per Share Miss

$-0.07 vs $-0.07 est.

-4.4% surprise

Revenue Beat

200348000 vs 189646800 est.

+5.6% surprise

Market Reaction

1-Day +0.0%

5-Day +25.68%

30-Day +36.04%

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Key Takeaways

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.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit RKLB on AllInvestView.

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