Space launch company Rocket Lab said today that fourth-quarter revenue jumped 35% to almost $180 million while the loss per share at 9 cents was wider than the 1 cent predicted by stock analysts.
The company also said it was awarded an $816 million prime contract by the Space Development Agency to design and build a constellation of 18 advanced missile warning, tracking, and defense spacecraft. It is the largest single contract to date for the company.
Founder and CEO Peter Beck said the company finished 2025 with a company record $602 million in revenue.
“We ended the year with a record $1.85 billion in backlog, representing 73% year-on-year growth, a figure we look forward to building upon in 2026,” he said in today’s earnings release.
The company, based in Long Beach and with roots in Orange County, predicts that revenue in the current quarter will come in somewhere between $185 million and $200 million.
In after-hours trading, Â shares in Rocket Lab slid 2.9% to $70.56 each after closing up 3.5% for a market cap of $38.8 billion (Nasdaq: RKLB).
For further details, see the March 9 edition of the Business Journal.
