| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 155.08 | 7.3% | 48.0% |
| Total Income | 155.08 | 7.3% | 48.0% |
| Expenditure | 214.05 | 4.8% | 36.6% |
| PBT | -59.35 | 6.5% | 16.4% |
| Net Profit | -18.26 | 72.5% | 64.8% |
| OPM | -38.02% | 3.25pp | 11.49pp |
| NPM | -11.77% | 34.19pp | 37.78pp |
| EPS | -0.03 | 76.9% | 70.0% |
Rocket Lab Reports Q3 2025 Revenue of $155M, Up 48% Y-o-Y
04 May 2026 · 4 May, 7:29 am
Summary
Rocket Lab announced its financial results for the third quarter ended September 30, 2025, reporting record revenue of $155 million, a 48% increase year-over-year. The company also achieved a record GAAP gross margin of 37%. Rocket Lab secured 17 Electron launch contracts and is on track to exceed its previous annual launch record. The acquisition of Geost was completed, expanding the company's capabilities, and Launch Complex 3 was officially opened.
Key Highlights
- 1
Rocket Lab achieved record quarterly revenue of $155 million, representing 48% year-on-year growth.
- 2
The company attained a record GAAP gross margin of 37% in the third quarter of 2025.
- 3
Rocket Lab secured 17 Electron launch contracts in Q3 2025, marking a record-breaking quarter for dedicated launch contracts.
- 4
The company is on track to surpass its previous annual launch record in the fourth quarter, aiming for 20+ launches by year-end.
- 5
Rocket Lab completed the acquisition of Geost for up to $325 million, expanding its capabilities for U.S. national security.
- 6
The company exited the quarter with over $1 billion in liquidity following a recent at-the-market offering program.
- 7
Launch Complex 3, the test and launch site for the Neutron rocket, was officially opened.
Management Comments
Sir Peter Beck
This past quarter we’ve once again delivered record revenue of $155m at record GAAP gross margin of 37%, and a new annual launch record is just days away. With progress across our major space systems programs, record backlog of contracts for our launch services business, and well-timed, strategic M&A in growth areas that are well-aligned with next-generation defense programs like Golden Dome and the Space Development Agency’s future constellations, our momentum is strong and we’re poised to deliver long-term exciting growth.
Informational and educational content only. Not investment advice.