8-KCurrent report

Results of operations

✓ VerifiedRocket Lab posted record Q2 2026 revenue of $234 million, up 62% year-over-year, with record backlog of $2.36 billion, and guided Q3 2026 revenue between $250 million and $265 million.

Summary

  • Rocket Lab reported record quarterly revenue of $234 million for the second quarter ended June 30, 2026, a 62% increase year-over-year and $34 million higher than the prior quarter.
  • Backlog grew to a record $2.36 billion, a 137% increase year-over-year, and the company said it has entered into more than $1 billion in new contracts across launch and space systems in Q3.
  • Rocket Lab closed acquisitions of Mynaric and Motiv and announced an agreement to acquire Iridium Communications Inc.
  • The company was awarded a $397 million contract to deliver Flatellite spacecraft on Neutron for the U.S. Space Force SB-AMTI program and more than $160 million across two contracts to build three geostationary satellites.
  • Net loss for the quarter was $49,258 thousand, compared with a net loss of $66,414 thousand in the second quarter of 2025.
  • For Q3 2026, Rocket Lab guided revenue between $250 million and $265 million and an Adjusted EBITDA loss between $17 million and $23 million.
Q2 2026 revenue
$234 million, up 62% YoY
From the filing for Q2 2026 revenue
We achieved a record $234 million in Q2 revenue - up 62% year-over-year and $34 million higher than last quarter's record
Record backlog
$2.36 billion, 137% increase YoY
From the filing for Record backlog
Record backlog of $2.36 billion a 137% increase YoY.
Total revenues (three months)
234,066 thousand
From the filing for Total revenues (three months)
Total revenues 234,066 144,498 434,414 267,067
Net loss (three months)
$(49,258) thousand
From the filing for Net loss (three months)
Net loss $ (49,258) $ (66,414) $ (94,280) $ (127,030)
SB-AMTI contract
$397 million
From the filing for SB-AMTI contract
Awarded a $397 million 1 contract to deliver multiple Flatellite spacecraft to launch on Neutron for the U.S. Space Force's Space-Based Airborne Moving Target Indicator (SB-AMTI) program
Geostationary satellite contracts
more than $160 million across two contracts
From the filing for Geostationary satellite contracts
Awarded more than $160 million across two contracts to build three geostationary satellites.
Q3 2026 revenue guidance
$250 million to $265 million
From the filing for Q3 2026 revenue guidance
Revenue between $250 million and $265 million.
Cash and cash equivalents
$2,129,485 thousand at June 30, 2026
From the filing for Cash and cash equivalents
Cash and cash equivalents $ 2,129,485 $ 828,660

The results disclose record revenue and backlog alongside closed acquisitions of Mynaric and Motiv and the announced Iridium deal, plus new national security launch and satellite contracts. Guidance sets Q3 2026 revenue expectations.

Filed
Aug 10, 2026
Accepted
2026-08-10 20:08Z
Period
Aug 10, 2026
Accession no.
0001819994-26-000061
Size
475 KB