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Dec 31, 2021

Rocket Lab Q4 2021 Earnings Report

Rocket Lab announced Q4 2021 earnings, exceeding revenue guidance and demonstrating substantial growth in launch services and space systems.

Key Takeaways

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.

Q4 2021 revenue was $27.5 million, exceeding prior guidance.

Full year 2021 revenue grew by 77% year-over-year, reaching $62.2 million.

Launch Services grew by 1126% and Space Systems grew by 229% in Q4 2021.

Backlog increased to $241 million as of December 30, 2021.

Total Revenue
$27.5M
Previous year: $15.7M
+74.7%
EPS
$0.01
Previous year: -$0.73
-101.4%
Gross Profit
$6.6M
Previous year: -$4.05M
-262.8%
Cash and Equivalents
$691M
Previous year: $52.8M
+1208.8%
Free Cash Flow
-$36.2M
Previous year: -$13.7M
+164.3%
Total Assets
$981M
Previous year: $188M
+422.1%

Rocket Lab

Rocket Lab

Forward Guidance

Rocket Lab expects revenue to range between $42 million to $47 million for the first quarter of 2022.