Rocket Lab USA(RKLB)
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Rocket Lab USA(RKLB) - 2025 Q3 - Quarterly Results
2025-11-10 21:18
MEDIA RELEASE Exhibit 99.1 Rocket Lab Announces Third Quarter 2025 Financial Results, Posts Record Quarterly Revenue of $155m, Representing 48% Year-on-Year Growth at Record Gross Margins Long Beach, California. November 10, 2025 – Rocket Lab Corporation (Nasdaq: RKLB) ("Rocket Lab", "the Company", "we," "us," or "our"), a global leader in launch services and space systems, today shared the financial results for fiscal third quarter ended September 30, 2025. Rocket Lab founder and CEO, Sir Peter Beck, said: ...
Rocket Lab Announces Third Quarter 2025 Financial Results, Posts Record Quarterly Revenue of $155m, Representing 48% Year-on-Year Growth at Record Gross Margin
Globenewswire· 2025-11-10 21:15
Core Insights - Rocket Lab Corporation reported record revenue of $155 million for the fiscal third quarter ended September 30, 2025, with a GAAP gross margin of 37% [2][3] - The company is on track to achieve a new annual launch record, with a strong backlog of contracts and strategic M&A activities aligned with defense programs [2][7] Financial Performance - Total revenues for Q3 2025 were $155.08 million, compared to $104.81 million in Q3 2024, representing a year-over-year increase of approximately 48% [13] - Gross profit for Q3 2025 was $57.31 million, up from $27.99 million in Q3 2024, indicating a significant improvement in profitability [13] - The net loss for Q3 2025 was $18.26 million, compared to a net loss of $51.94 million in Q3 2024, showing a reduction in losses [13] Operational Highlights - Rocket Lab secured 17 Electron launch contracts in Q3 2025, marking a record-breaking quarter for dedicated launch contracts [7] - The company successfully launched two back-to-back HASTE missions, contributing to advancements in hypersonic technology [7] - The acquisition of Geost for up to $325 million enhances Rocket Lab's capabilities in national security [7] Fourth Quarter Guidance - For Q4 2025, Rocket Lab expects revenue between $170 million and $180 million, with GAAP gross margins projected between 37% and 39% [7] - Non-GAAP gross margins are anticipated to be between 43% and 45% [7] Liquidity and Capital Position - Rocket Lab exited Q3 2025 with over $1 billion in liquidity, bolstered by a recent at-the-market offering program [7] - The company is well-positioned to pursue its robust M&A pipeline [7] Future Developments - The Neutron rocket is scheduled to arrive at Launch Complex 3 in Q1 2026, with the first launch expected thereafter [7] - The company continues to focus on expanding its end-to-end capabilities in the space sector, particularly in defense and national security [2][7]
Top Stocks With Earnings This Week: Plug, Oklo, Circle And More
Benzinga· 2025-11-10 13:38
Earnings Reports Overview - The earnings season is slowing down, but several retail-favorite companies are set to report this week [1] - Key companies reporting include Barrick Mining Corp., Plug Power Inc., Oklo Inc., Cisco Systems Inc., Walt Disney Co., and Applied Materials Inc. [2][3][5][10][11] Company-Specific Insights - Barrick Mining Corp. reported its third-quarter results before the market opened on November 10 [2] - Plug Power Inc. is expected to report losses of 12 cents per share and revenue of $179.54 million, having missed earnings expectations for the last 18 quarters [3] - Oklo Inc. is anticipated to report losses of 13 cents per share and revenue of $17.01 billion, with stock volatility noted ahead of the report [5] - Cisco Systems Inc. is expected to be a focal point for investors, particularly regarding management's guidance and updates on AI and cybersecurity business momentum [10] - Walt Disney Co. and JD.com Inc. will release earnings reports before the market opens on November 13 [11] - Applied Materials Inc. is set to release its Q4 results after the market closes on November 13 [11] Additional Companies Reporting - Other companies reporting this week include Workhorse Group Inc., Beyond Meat Inc., Microvision Inc., and Virgin Galactic Holdings Inc. [4][6][12]
Rocket Lab (RKLB) Reports Earnings Tomorrow: What To Expect
Yahoo Finance· 2025-11-09 03:04
Core Insights - Rocket Lab is set to announce its earnings results, with analysts expecting a revenue growth of 45% year on year to $151.9 million, a slowdown from the previous year's 54.9% increase [2] - The company reported revenues of $144.5 million last quarter, exceeding analysts' expectations by 7% and showing a year-on-year growth of 36% [1] - Rocket Lab has missed Wall Street's revenue estimates twice in the past two years, but analysts have generally reconfirmed their estimates leading into the upcoming earnings [3] Revenue Expectations - Analysts anticipate Rocket Lab's revenue for the upcoming quarter to be $151.9 million, reflecting a 45% year-on-year growth [2] - The adjusted loss per share is expected to be -$0.06 [2] Peer Performance - In the aerospace segment, Howmet reported a year-on-year revenue growth of 13.8%, beating expectations, while Astronics reported a 3.8% increase, in line with estimates [4] - Howmet's stock rose by 1.1% post-results, whereas Astronics saw a decline of 1.1% [4] Market Sentiment - The aerospace sector has experienced positive sentiment, with average share prices up 2.2% over the last month [5] - In contrast, Rocket Lab's stock has decreased by 18.3% during the same period, with an average analyst price target of $59.50 compared to its current share price of $52.48 [5]
Baillie Gifford 2025年第三季度持仓大调整:加仓Coinbase,减持Cloudflare
贝塔投资智库· 2025-11-07 08:28
Core Viewpoint - Baillie Gifford's Q3 2025 investment strategy reflects a focus on long-term growth, with significant new positions in cryptocurrency and aerospace, while reducing exposure to certain high-valuation tech stocks [1][5]. New Positions and Significant Increases - Baillie Gifford added 19 new stocks in Q3 2025, with the most notable being Coinbase (COIN), acquiring over 587,000 shares, representing 0.15% of its portfolio [1]. - Another significant addition was Knife River Holding Co (KNF), with nearly 2.19 million shares purchased, valued at approximately $169 million, accounting for 0.13% of the portfolio [1]. Major Increases - The firm significantly increased its position in Rocket Lab (RKLB) by 176.15%, adding over 7.73 million shares, aligning with its investment strategy in disruptive innovation [2]. - Other important increases included The Ensign Group (ENSG), with a 96.2% increase, focusing on healthcare services [3]. Major Reductions - Baillie Gifford completely exited 18 stocks and significantly reduced positions in 188 stocks, indicating a strategic shift [3]. - A notable reduction was in Cloudflare (NET), where approximately 3.68 million shares were sold, a decrease of 14.4%, impacting the portfolio by -0.54% [3]. - Other key reductions included Spotify Technology SA (SPOT) with a 9.7% decrease (approximately 930,000 shares) and Shopify (SHOP) with a 6.1% decrease (approximately 890,000 shares) [4]. Investment Insights and Summary - The overall strategy of Baillie Gifford in Q3 2025 illustrates a "survival of the fittest" approach, focusing on future growth [5]. - The investment portfolio consists of 264 stocks, with the top five holdings being NVDA (6.43%), MELI (5.74%), SE (5.31%), AMZN (5.15%), and SPOT (4.5%) [5]. - The offensive strategy includes bold bets on frontier technologies like cryptocurrency (Coinbase) and aerospace (Rocket Lab), while the defensive strategy involves profit-taking on overvalued or stabilizing growth tech stocks [5].
Should You Buy, Hold or Sell Rocket Lab Stock Ahead of Q3 Earnings?
ZACKS· 2025-11-06 18:16
Core Insights - Rocket Lab USA, Inc. (RKLB) is expected to report third-quarter 2025 results on November 10, 2025, with revenue estimates of $149.8 million, reflecting a 42.9% increase year-over-year, and a projected loss of five cents per share, an improvement from the previous year's loss of ten cents [1]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for RKLB's earnings per share (EPS) for the current quarter is -0.05, with a total of three estimates [2]. - Year-over-year growth estimates for EPS indicate a 50% improvement for the current quarter and a 36.84% improvement for the current year [2]. - RKLB's earnings have beaten the Zacks Consensus Estimate once in the last four quarters, with an average negative surprise of 16.22% [2][3]. Revenue Growth Drivers - Revenue growth is anticipated due to an increase in launch missions and strong bookings from previous quarters, particularly in the Launch Services business segment [5][6]. - The Space Systems business segment is also expected to contribute positively to revenue growth through solid performance in spacecraft and satellite manufacturing [7][8]. Cost Considerations - Despite strong revenue projections, increased operating costs related to the Neutron program, workforce expansion, and rising R&D and IT-related expenses may negatively impact operating margins and overall earnings [9]. Stock Performance and Valuation - RKLB's stock has increased by 332.3% over the past year, significantly outperforming the Zacks aerospace-defense equipment industry's growth of 26.3% [10]. - The forward 12-month price-to-sales (P/S) ratio for RKLB is 33.39X, which is higher than the industry average of 9.47X, indicating a premium valuation [11][13]. Industry Outlook - The global space economy is projected to reach $1.8 trillion by 2035, driven by the adoption of satellite-based and rocket-enabled technologies, which supports the long-term growth potential for companies like RKLB [14]. - However, RKLB faces challenges from elevated operating expenses due to ongoing investments in product development and technology enhancements, which may offset revenue growth benefits [15]. Investment Considerations - Given RKLB's favorable Zacks Rank and solid revenue growth expectations, the company is less likely to disappoint in its upcoming earnings report [16].
Rocket Lab: Not Too Early, Not Too Late
Seeking Alpha· 2025-11-06 16:47
Group 1 - The space industry is gaining traction, indicating a growing interest and potential investment opportunities within the sector [1] - The CFO has over a decade of experience in finance, particularly in oilfield and real estate industries, which enhances the understanding of market dynamics [1] - The CFO has developed an interest in equity research, providing services for a Dubai-based family office with over $20 million in assets under management [1] Group 2 - The CFO's expertise includes analyzing financial statements, evaluating market trends, and identifying growth drivers across various industries [1] - There is a commitment to staying updated on the latest developments in equity research, emphasizing the importance of continuous education and professional development [1]
Rocket Lab Successfully Deploys Sixth Earth-Imaging Satellite for iQPS
Globenewswire· 2025-11-05 21:45
Core Insights - Rocket Lab successfully launched its 74th Electron mission, deploying the QPS-SAR-14 satellite for iQPS, marking the sixth dedicated mission for the company [1][2] - The mission took place on November 5, 2025, from Rocket Lab Launch Complex 1 in New Zealand, placing the satellite into a 575km circular Earth orbit [1] - Rocket Lab is on track for a record-breaking year with 16 launches in 2025, matching its previous record from 2024, and plans to conduct six more dedicated missions for iQPS [2] Company Overview - Rocket Lab, founded in 2006, is a comprehensive space company providing launch services, satellite manufacturing, and on-orbit management solutions [4] - The Electron launch vehicle has become the second most frequently launched U.S. rocket, delivering over 200 satellites for various sectors including national security and scientific research [4] - The company is also developing the Neutron launch vehicle for larger constellation deployments and has three launch pads across two sites [4] Leadership Statements - Rocket Lab's CEO, Sir Peter Beck, emphasized the importance of precision and repeatability in the space industry, highlighting the successful deployment for iQPS [2] - iQPS CEO, Dr. Shunsuke Onishi, noted that the successful launch of QPS-SAR-14 reflects the advancement of their technology and the growth of their team [2]
Is Rocket Lab Stock the Next Nvidia?
The Motley Fool· 2025-11-05 09:15
Core Insights - The space economy is projected to become a $1 trillion industry, presenting significant long-term growth potential for Rocket Lab investors [1][11] - Rocket Lab is beginning to see returns from two decades of investment in space technology, similar to Nvidia's trajectory in the GPU market [2][8] - The company's stock price has more than doubled this year, indicating strong market interest and potential for future growth [3] Company Overview - Rocket Lab is developing a full-stack solution for space, including manufacturing capabilities and operating its own launch sites [5] - The recent acquisition of Geost enhances Rocket Lab's satellite technology, expanding its growth opportunities in national defense services [7] - The Neutron rocket, designed for deep space missions, has been validated by the U.S. Air Force Research Laboratory for a cargo mission, positioning Rocket Lab as a key partner for the government [8] Financial Performance - Rocket Lab's market cap is currently $29 billion, with trailing-12-month revenue of $504 million [10][11] - The company reported a 36% year-over-year revenue growth in the second quarter, indicating strong operational performance [12] - Analysts project Rocket Lab to grow free cash flow to $1.1 billion by 2029, despite currently not being profitable due to heavy investments in new rocket manufacturing [11]
Jim Cramer on Rocket Lab: “I Think It is a Good Spec, But It Loses so Much Money”
Yahoo Finance· 2025-11-04 14:37
Core Insights - Rocket Lab Corporation (NASDAQ:RKLB) is identified as a speculative stock, with significant financial losses noted, indicating a high-risk investment profile [1] - The company provides launch and space systems solutions, including spacecraft design, manufacturing, and on-orbit management, suggesting a diversified business model [1] - Despite its potential, the company is not considered a blue-chip stock, and there are other AI stocks perceived to have better upside potential and lower downside risk [1] Company Overview - Rocket Lab Corporation specializes in launch and space systems solutions, which encompasses spacecraft design, manufacturing, and on-orbit management [1] - The company is characterized as controversial and falls under the speculative investment category, indicating uncertainty in its long-term viability [1] Investment Perspective - The stock is viewed as a good speculative investment, but caution is advised due to its substantial financial losses [1] - There is a comparison made with AI stocks, which are suggested to offer greater upside potential and less downside risk, indicating a competitive landscape for investment opportunities [1]