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Dec 31, 2022

Rocket Lab Q4 2022 Earnings Report

Announced fourth quarter and full year 2022 financial results, and issued guidance for the first quarter 2023

Key Takeaways

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.

Q4 2022 revenue reached $51.8 million, reflecting an 88% increase year-over-year.

Fiscal 2022 revenue amounted to $211 million, demonstrating a full-year growth of 239%.

The company achieved a new record of nine launches within a calendar year.

Electron launches maintained a 100% mission success rate for the year.

Total Revenue
$51.8M
Previous year: $27.5M
+88.2%
EPS
-$0.08
Previous year: $0.01
-900.0%
Gross Profit
$1.83M
Previous year: $6.6M
-72.3%
Cash and Equivalents
$243M
Previous year: $691M
-64.9%
Free Cash Flow
-$33.9M
Previous year: -$36.2M
-6.2%
Total Assets
$989M
Previous year: $981M
+0.8%

Rocket Lab

Rocket Lab

Forward Guidance

For the first quarter of 2023, Rocket Lab expects revenue between $51 million and $54 million, Launch Services revenue of approximately $19 million, and Space Systems revenue of between $32 million to $35 million.