Rocket Lab USA(US:RKLB) Globenewswire·2026-02-26 21:05Core Insights - Rocket Lab Corporation reported record financial results for fiscal year 2025, achieving full-year revenue of $602 million, a 38% year-on-year growth, and a record quarterly revenue of $180 million in Q4 2025 [2][3] - The company launched a total of 21 missions in 2025 with a 100% success rate, setting a new annual launch record [2][3] - Rocket Lab secured its largest single contract to date, an $816 million contract from the Space Development Agency for the design and manufacture of 18 satellites [2][3] Financial Performance - For Q4 2025, total revenues reached $179.7 million, compared to $132.4 million in Q4 2024, marking a significant increase [14] - The company reported a net loss of $52.9 million for Q4 2025, slightly higher than the net loss of $52.3 million in Q4 2024 [15] - The total operating expenses for 2025 were $436 million, up from $306 million in 2024, reflecting increased investments in R&D and operational expansion [15] Business Highlights - Rocket Lab launched seven missions in Q4 2025, achieving a new quarterly record [3] - The company signed over 30 new launch contracts in 2025, diversifying its customer base across national defense, commercial constellations, and returning customers [3] - The successful launch of two spacecraft for NASA and the University of California Berkeley for the ESCAPADE mission to Mars demonstrated Rocket Lab's capability in delivering complex science missions [3] Future Outlook - For Q1 2026, Rocket Lab expects revenue between $185 million and $200 million, indicating a year-on-year growth of 57% at the midpoint of the range [4][9] - The company anticipates GAAP gross margins between 34% and 36%, and non-GAAP gross margins between 39% and 41% for Q1 2026 [9] - The first launch of the Neutron vehicle is now targeted for Q4 2026 following updates to the development schedule [3]