Rocket Lab Q3 revenue jumps 73% on increased demand for launch, space systems
RKLB•RKLB•RKLB•RKLB•Rocket Lab’s third-quarter revenue rose 73% year over year to a record $267.83 million, while it posted a net loss of $79.68 million. Backlog grew to $3.6 billion, and the company expects fourth-quarter 2026 revenue of $270 million to $290 million.
Rocket Lab attributed its record third-quarter revenue to increased demand for launch and space systems services. Ongoing spacecraft development for government and commercial customers also contributed to growth. The company posted a net loss of $79.68 million and a loss per share of $0.12.
Rocket Lab’s backlog grew to $3.6 billion. For the fourth quarter of 2026, it expects revenue of $270 million to $290 million, GAAP gross margin of 34% to 36%, non-GAAP gross margin of 39% to 41%, and an adjusted EBITDA loss of $14 million to $20 million.
