Rocket Lab Earnings Reports

Rocket Lab posted a record-breaking Q4 2024 with revenue surging 121% YoY to $132.4 million. The company reported a net loss of $52.3 million, while operating losses stood at $51.5 million. Gross profit increased to $36.8 million, and cash and cash equivalents rose to $271 million. The company achieved a record 16 Electron launches in 2024, a 60% increase YoY.

Rocket Lab reported a strong Q3 2024 with revenue growing 55% year-over-year to $105 million. The company's backlog stands at $1.05 billion, driven by successes across small and medium launch, as well as space systems. They anticipate a strong finish to the year, projecting record revenue for Q4.

Rocket Lab reported a record revenue of $106 million for Q2 2024, a 71% increase year-on-year, driven by strong demand for launch services and space systems. The company also achieved a critical milestone in Neutron development with the first hot fire of the Archimedes engine.

Rocket Lab reported a strong start to the year, marked by a 69% year-on-year revenue increase and a 55% sequential quarterly growth. The company successfully launched four Electron missions and progressed significantly on the development of its Neutron rocket, including the first Archimedes engine build.

Rocket Lab reported its Q3 2023 financial results, highlighting two successful Electron missions before an anomaly, advancements in Neutron development, and continued progress in Space Systems, including a $143 million Globalstar contract. The company is focused on Electron's return to service and has secured multiple HASTE hypersonic missions.

Rocket Lab reported strong Q2 2023 financial results, exceeding prior guidance for revenue and gross margin. Three successful Electron launches, the acquisition of Virgin Orbit assets, and significant milestones in Neutron rocket development highlighted the quarter.

Rocket Lab had a strong first quarter in 2023, exceeding revenue and gross margin guidance. The company launched three successful Electron missions and secured new launch contracts. Development of the Neutron rocket is progressing, and Space Systems continues to perform well.

Rocket Lab reported Q4 2022 revenue of $51.8 million, an 88% increase year-over-year, and FY 2022 revenue of $211 million, representing full-year growth of 239%. The company achieved a record of nine launches within the year and 100% mission success for Electron launches.

Rocket Lab announced record revenue of $63.1 million for Q3 2022, representing a 14% sequential quarter-on-quarter growth and 1,093% year-on-year growth. The company launched three successful Electron missions and progressed the development of the Neutron launch vehicle.

Rocket Lab announced record revenue of $55.5 million for the second quarter of 2022, representing a 36% sequential quarter-on-quarter growth and a 392% year-on-year quarterly revenue growth. The space systems business comprised 66% of the total revenue.

Rocket Lab's Q1 2022 revenue reached $40.7 million, a 124% increase year-over-year. Space Systems was a major contributor, accounting for 84% of total revenue and growing 1,873% year-over-year. The company also secured a significant $143 million contract with MDA for spacecraft bus production.

Rocket Lab reported Q4 2021 revenue of $27.5 million, surpassing the high end of its prior guidance. The company experienced significant growth in both Launch Services and Space Systems segments. Full year 2021 revenue reached $62.2 million, a 77% increase year-over-year.