
Rocket Lab Delivers Record Q3 Revenue Amid Neutron Delays and Backlog Momentum
Rocket Lab posted a record Q3 revenue of $155 million (up 48% YoY) with a 37% gross margin and added 17 new launch contracts, lifting backlog to 49 launches, but Neutron testing revealed a Stage 1 tank rupture and pushed its maiden flight to Q4 2026; in Q4 the company reported revenue of $179.65 million with GAAP EPS of -$0.09 and guided Q1 FY26 revenue to $185–$200 million, with gross margins seen at 34–36% (non-GAAP 39–41%), indicating strong backlog momentum but near‑term profitability and execution risks.




