Added to YB: 2026-03-03
Pitch date: 2026-02-28
RKLB [neutral]
Rocket Lab Corporation
+6.43%
current return
Author Info
MVC Investing is a long-term investor. BSc in Economics, MSc in Finance. Equity Analyst with a focus on Fundamental Analysis and Valuation. Sign up for the newsletter.
Company Info
Rocket Lab Corporation, a space company, provides launch services and space systems solutions in the United States, Canada, Japan, and internationally.
Market Cap
$39.2B
Pitch Price
$66.68
Price Target
N/A
Dividend
N/A
EV/EBITDA
-223.96
P/E
-185.00
EV/Sales
63.77
Sector
Aerospace and Defense
Category
growth
Rocket Lab (RKLB): Q4 2025 Earnings Review
RKLB (earnings; trimmed): Q4 rev $179.7M (+36% YoY) beat, record 38% GAAP/44.3% non-GAAP gross margin. Backlog $1.85B (+68% QoQ) led by $816M SDA Tranche III win. 21 Electron/HASTE launches in 2025, 20% growth expected. Neutron delayed to Q4 2026 due to Stage 1 tank defect (qualification test, not flight). Space Systems expanding via OSI/PCL M&A, deepening vertical integration. Cash $1.1B, minimal debt. Q1 guide $185-200M rev. Author trimmed 31% at $70.41 on valuation/concentration risk, remains long-term holder.
Read full article (13 min)