Rocket Lab (RKLB) Q1 earnings 2026

Rocket Lab‘s inventory blasted 34%, notching its finest day ever, after the house firm topped first-quarter income estimates and introduced its largest launch deal on report.

The Long Beach, California-based firm reported $136.7 million in income for its house methods enterprise and $63.7 million for its launch section. That topped FactSet estimates of $132.1 million and $59 million, respectively. Rocket Lab’s backlog greater than doubled from a 12 months in the past to $2.2 billion.

Guidance additionally surpassed Wall Street’s estimates. The firm anticipates income between $225 million and $240 million in the course of the second quarter, in comparison with a $207.5 million from LSEG.

Rocket Lab’s inventory has greater than quadrupled over the previous 12 months, benefiting from skyrocketing demand for businesses tied to the house financial system forward of SpaceX‘s hotly anticipated IPO later this 12 months. Demand for house methods and satellites can be escalating as President Donald Trump pursues his ambition Golden Dome missile protection mission and NASA’s crewed Artemis missions rev up.