"Last quarter, Rocket Lab delivered record revenue of $155.08 million, up 48% year over year, beating estimates by a hair. More importantly, GAAP gross margin hit 37%, also a record, showing the business is scaling with discipline. EPS came in at -$0.03, beating the -$0.11 estimate by a wide margin."
"For Q4, management guided to revenue of $170 million to $180 million with GAAP gross margins of 37% to 39%. That midpoint implies roughly 34% year-over-year growth, a step down from Q3's torrid pace but still exceptional for a company this size."
"Last quarter, Peter Beck told investors that Neutron was on track for a pad arrival in Q1 2026. Since then, reports surfaced of a Stage 1 tank rupture during testing. That kind of incident is not automatically catastrophic, Beck himself said the point of ground testing is to find problems before flight, but it does raise questions about whether the Q1 timeline holds."
Rocket Lab USA reports Q4 FY2025 earnings with significant investor focus on multiple fronts. The company achieved record Q3 revenue of $155.08 million with 48% year-over-year growth and record GAAP gross margin of 37%. Q4 guidance projects revenue of $170-180 million with gross margins of 37-39%, representing approximately 34% year-over-year growth. Key concerns include the Neutron rocket program's timeline following a Stage 1 tank rupture during testing, with previous guidance indicating Q1 2026 pad arrival. Gross margin expansion remains critical, with management targeting non-GAAP margins of 43-45% in Q4 and long-term targets of 45-50% for Electron at scale. Stock performance shows 230% gains over one year but recent 12% monthly decline.
#rocket-lab-earnings #neutron-rocket-development #gross-margin-expansion #revenue-growth #space-launch-industry
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]