Rocket Lab hits record $268 million revenue, up 73% year-on-year

The space infrastructure provider beats revenue expectations and builds a massive $3.6 billion backlog as it prepares for the Neutron rocket debut.

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Primary source: Rocket Lab

People stand outside a concrete building, some holding phones, beneath a Rocket Lab sign reading “ROCKET LAB (RKLB) QUARTERLY EARNINGS ANNOUNCEMENT.”

Rocket Lab posted a record $268 million in revenue for the third quarter of 2026, representing a 73% increase year-on-year and comfortably clearing the Wall Street consensus of $257.2 million. While the company maintained a net loss of ($79.677 million) with a diluted EPS of ($0.12)—wider than the previous quarter's ($0.08) loss—the top-line acceleration is fueled by a surge in contract activity and a rare positive GAAP operating cash flow of $7.2 million.

Looking ahead to Q4, the company provided guidance that suggests continued scaling and margin expansion:…

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