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Research Alert: Rocket Lab Reports Stellar Q1 Results With Accelerating Growth In Both Segments

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

Rocket Lab delivered a transformational Q1 with record revenue of $200.3M (+63.5% Y/Y), significantly surpassing all guidance metrics with GAAP gross margins reaching a record 38.2%. The exceptional performance was driven by robust demand across all platforms, with 31 new Electron/HASTE contracts plus five dedicated Neutron launches signed, growing total backlog to a record $2.2B (+20.2% Q/Q). Strategic wins include selection for the Department of War's Space Based Interceptor program under Golden Dome and completion of the Mynaric acquisition, establishing Rocket Lab Europe as the company's first European footprint. Q2 2026 guidance of $225M-$240M in revenue represents continued strong growth momentum, with the midpoint implying approximately 90% Y/Y growth. We believe the company's strong backlog, diversified customer base spanning international markets and defense sectors, and robust pipeline position Rocket Lab for continued market share gains in the rapidly expanding space economy.

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