Rocket Lab Posts Q4 Revenue of $179.65M and Guides Q1 to $185M–$200M
Rocket Lab recorded Q4 revenue of $179.65 million, topping estimates by 0.98%, and narrowed its loss to $0.09 per share versus an expected $0.10. The company completed seven successful launches, ended the quarter with a $1.85 billion backlog and $828.66 million in cash, and guided Q1 revenue to $185–$200 million.
1. Q4 Financial Results
Rocket Lab reported fourth-quarter revenue of $179.65 million, topping analyst estimates of $178.47 million by 0.98%, and posted an adjusted loss of $0.09 per share, narrower than the expected $0.10 loss.
2. Operational Highlights
The company completed seven launches in Q4, achieving a 100% success rate and 21 total missions in 2025, and closed the period with a record $1.85 billion revenue backlog and $828.66 million in cash and equivalents.
3. Guidance and Outlook
The company guided first-quarter revenue to $185 million–$200 million versus estimates of $184.98 million and projected an adjusted EBITDA loss of $21 million–$27 million, while targeting the inaugural Neutron rocket launch later in 2026.