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Record $3.6 bn backlog and Q3 earnings reshape 2027 outlook

Record $3.6 bn backlog and Q3 earnings reshape 2027 outlook

Rocket Lab (NASDAQ: RKLB) reported record third-quarter 2026 revenue of $267.8 mn, up 73% year over year, while its order backlog climbed 52% sequentially to $3.57 bn. The company also generated positive GAAP operating cash flow of $7.2 mn, marking progress toward financial sustainability.

RKLB shares closed November 9 at $58.86, gaining 10.9% during regular trading, before initially declining approximately 4.5% in after-hours trading following the earnings release.

  • Rocket Lab reported record Q3 2026 revenue of $267.8 mn, up 73% year over year, while its backlog surged 52% to $3.57 bn. The company generated $7.2 mn in positive operating cash flow but posted a $79.7 mn net loss.
  • Rocket Lab secured approximately $1 bn…

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