Rocket Lab USA(US:RKLB) Globenewswireยท2025-11-10 21:15Core 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]