RKLB · Rocket Lab Corp
$62.95
+0.99 (+1.60%)
At close · Sep 11
Market Cap
$37.67B
Shares
598.35M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$62.95
Open$62.32
Day$62.06–64.89
52W close$39.48–150.23
Avg vol 30d17.9M
Short int45.4M · 7.6% float · 3.1d
Short vol43%
Last earningsAug 10, 2026
DataNov 2020–Sep 2026
Filing10-Q · Aug 10
Up next
Next earnings call
Nov 13, 2026
Est · unconfirmed
· in 9 wks
filed Aug 10, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$769.15M
Trailing 12 months
Net income (TTM)
−$165.46M
Trailing 12 months
Revenue growth YoY
+62.0%
Year over year
Operating margin
-29.1%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
-1.0%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+22.2%
Year over year · more shares
Price change (1Y)
+30.0%
Trailing year
Short interest
7.6%
Latest settlement · 3.1 days to cover
Equibles Research
our published analysis of this company-
Research ThesisRocket Lab's $2.2B backlog makes the bull case bigger than Neutron
Rocket Lab's record Q1 and $2.2B backlog show the bull case no longer rests on Neutron alone. The proposed Iridium merger could add a recurring-services engine, while financing, dilution and execution remain the price of that upside.
-
Research ThesisRocket Lab: Backlog is converting, but the $39B market cap is paying for a Neutron debut the company has yet to validate
Rocket Lab enters Q2 2026 with record backlog of $2,219.8M and guided revenue of $225.0M–$240.0M, yet the stock trades at -55.2% from its $150.23 high on a $39.0B market cap against $679.6M of trailing revenue — a gap the equity-funded growth model and the un-flown Neutron debut have to close.
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Sell
Momentum
Very Weak
Sentiment
Neutral
Fundamentals
Strong
Quant / Vol
Very High
Market backdrop
VIX 15.8 · calm
Equity put/call 0.58
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−21%
below
Price vs 50-day avg
−13%
below
RSI (14)
38
neutral
MACD trend
Negative
52-week position
21%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−21%
trailing
6-month return
−6%
trailing
YTD return
−10%
this year
Relative strength
−24%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $72 › 200d $80 — 200d above 50d
Institutional flow
Accumulating
+28% holders QoQ · +322 funds added
Insider flow
Distributing
Net -$9.5M over 90 days · 100% sells
Short interest
Rising
7.58% of float · ▲ +2.2% MoM · 3.1 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,130 holders — near 5-yr high, broad support
Squeeze score
53
elevated · 0–100
Fundamentals
Revenue growth
+38%
Y/Y
Gross margin
34%
expanding
EPS growth
+3%
Y/Y
Free cash flow
$-321.8M
Balance sheet
$826.9M
net cash
Quant / Vol
risk profile
Volatility
95%
annualized · 1-yr
Max drawdown
−61%
past year
ATR
6.2%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 10, 2026
Revenue
· third quarter of 2026
Initiated
$250M – $265M
prior qtr $234.07M
midpoint +10.0% QoQ
GAAP Gross Margins
· third quarter of 2026
Initiated
29% – 31%
Non-GAAP Gross Margins
· third quarter of 2026
Initiated
35% – 37%
GAAP Operating Expenses
· third quarter of 2026
Initiated
$143M – $149M
Non-GAAP Operating Expenses
· third quarter of 2026
Initiated
$121M – $127M
Interest Income, net
· third quarter of 2026
Initiated
$21M
Prior guidance
period ended
· from the 8-K filed Aug 8, 2024
Revenue
· third quarter of 2024
$100M – $105M
Space Systems revenue
· third quarter of 2024
$79M – $84M
GAAP Gross Margins
· third quarter of 2024
25% – 27%
Launch Services revenue
· third quarter of 2024
$21M
Non-GAAP Gross Margins
· third quarter of 2024
30% – 32%
GAAP Operating Expenses
· third quarter of 2024
$80M – $82M
Non-GAAP Operating Expenses
· third quarter of 2024
$69M – $71M
Expected Interest Expense (Income), net
· third quarter of 2024
$1M
Guided vs delivered
· last 3 settled
Revenue
third quarter of 2024
guided $100M – $105M
$104.81M
In line
Revenue
fourth quarter of 2021
guided $23M – $25M
$27.48M
Beat +14.5%
Revenue
fiscal year 2021
guided $50M – $54M
$62.24M
Beat +19.7%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−21%
Bearish
Price vs 50-day avg
−13%
Bearish
RSI (14)
38
Neutral
MACD trend
Negative
Bearish
52-week position
21%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $72 › 200d $80 — 200d above 50d
Institutional flow
Accumulating
+28% holders QoQ · +322 funds added
Insider flow
Distributing
Net -$9.5M over 90 days · 100% sells
Short interest
Rising
7.58% of float · ▲ +2.2% MoM · 3.1 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,130 holders — near 5-yr high, broad support
Price context
position in its 52-week range
Range low $39
Now $63 · 21%
Range high $150
vs 200-day avg -21%
vs 50-day avg -13%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | -20.58M | Six Months Ended June 30, 2026 | — |
| Non-GAAP Gross margin non-GAAP | 42.2% | Six Months Ended June 30, 2026 | — |
| Non-GAAP Gross profit non-GAAP | 183.13M | Six Months Ended June 30, 2026 | — |
| Non-GAAP Operating expenses non-GAAP | 220.82M | Six Months Ended June 30, 2026 | — |
| Non-GAAP Operating loss non-GAAP | -37.69M | Six Months Ended June 30, 2026 | — |
| Non-GAAP Research and development, net non-GAAP | 150.16M | Six Months Ended June 30, 2026 | — |
| Non-GAAP Selling, general and administrative non-GAAP | 70.66M | Six Months Ended June 30, 2026 | — |
| Non-GAAP Total other income (expense), net non-GAAP | 24.52M | Six Months Ended June 30, 2026 | — |
| Record backlog | 2.36B | Q2 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Aerospace & Defense — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
RKLB
this stock
Rocket Lab Corp
|
$37.67B | -9.8% | +38.0% | — | 7.6% |
|
SPCX
Space Exploration Technologies Corp
|
$1.99T | — | — | — | 1.3% |
|
GE
General Electric Co
|
$335.82B | +5.1% | +18.5% | 38.1 | 1.5% |
|
RTX
RTX Corp
|
$266.42B | +7.8% | +17.1% | 34.8 | 0.9% |
|
EADSF
Airbus SE/ADR
|
$182.14B | -1.4% | — | — | 0.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| RKLB | -1.4% | -21.4% | -6.4% | -1.5% | -9.8% |
| SPY | -1.2% | -1.8% | +17.8% | -0.4% | +12.1% |
| vs SPY | -0.2% | -19.7% | -24.2% | -1.2% | -21.8% |
Key facts
CIK
1819994
CUSIP
773121108
13F (30d)
45 filings
43 filers
Visit website
Investor relations