Rocket Lab to Join Nasdaq-100 on June 22, Backlog Reaches $2.2 Billion
RKLB•Rocket Lab will join the Nasdaq-100 index on June 22, triggering inclusion in over 200 investment products managing more than $800 billion. The company reported record Q1 revenue of $200.3 million (up 63.5% year-over-year) and a $2.2 billion backlog (up 20.2%), while rolling out its 100th Electron rocket.
1. Nasdaq-100 Index Inclusion
Rocket Lab will be officially added to the Nasdaq-100 index before market open on June 22, joining 100 of the largest non-financial companies on Nasdaq and prompting inclusion in over 200 ETFs and funds with combined assets exceeding $800 billion.
2. Market Access and Investor Inflows
Membership in the Nasdaq-100 is expected to boost liquidity and broaden the shareholder base as index-linked products purchase shares to mirror the reshuffled index, joining alongside Astera Labs, CoreWeave, Nebius and Teradyne in this quarterly update.
3. Milestone Launch and Manufacturing
The company recently rolled out its 100th Electron rocket, marking a production milestone for its small-satellite launcher; it has completed over 80 successful orbital missions and is developing the medium-class Neutron rocket while supporting hypersonic test launches for defense customers.
4. Financial Results and Outlook
In Q1 2026, Rocket Lab posted record revenue of $200.3 million, up 63.5% year-over-year, and ended the quarter with a $2.2 billion backlog, up 20.2%; it projects Q2 revenue between $225 million and $240 million and has seen shares climb over 64% year-to-date.
