Aug 10, 4:08 PM ET
Rocket Lab reported second-quarter 2026 revenue of $234.1 million, up 62% from a year earlier, and a net loss of $49.3 million, narrowed from $66.4 million. The company guided third-quarter revenue to $250 million to $265 million and said it announced an agreement to acquire Iridium Communications Inc., which the filing does not price.
- Q2 2026 total revenue $234.1 million vs. $144.5 million in Q2 2025
- Q2 2026 net loss $49.3 million, or $0.08 per share, vs. $66.4 million, or $0.13 per share, a year earlier
- Backlog reached $2.36 billion at June 30, 2026, up 137% year over year
- Q3 2026 guidance: revenue $250 million to $265 million; GAAP gross margin 29% to 31%
Read the filing on SEC.gov ↗
Jun 29, 8:11 AM ET
Rocket Lab agreed on June 28, 2026 to acquire Iridium Communications in a cash and stock deal valued at $54 per Iridium share and an enterprise value of about $8.0 billion. Iridium holders would receive $27.00 in cash plus Rocket Lab stock, with the stock portion set by an exchange ratio that is subject to a collar between $67.50 and $112.50 per Rocket Lab share. The deal requires Iridium shareholder approval and regulatory clearances and is expected to close in mid-2027, and it is funded partly by a $3.6 billion bridge loan commitment.
- Iridium holders receive $27.00 in cash plus Rocket Lab shares at an exchange ratio that is fixed at 0.4000 if the Rocket Lab price is $67.50 or below and at 0.2400 if it is $112.50 or above.
- Iridium would pay Rocket Lab a $223.62 million termination fee in specified circumstances, including if its board withdraws support for the deal.
- Rocket Lab has a 364-day senior secured bridge term loan commitment of $3.6 billion from Deutsche Bank and Wells Fargo.
- The transaction is expected to close in mid-2027 and must be approved by a majority of Iridium's outstanding shares.
Read the filing on SEC.gov ↗
Jun 5, 4:15 PM ET
Rocket Lab appointed Agostino Ricupati as Vice President, Corporate Controller and Chief Accounting Officer on June 3, 2026, replacing Adam C. Spice as principal accounting officer. Spice remains Chief Financial Officer. The filing discloses Ricupati's compensation, including a $350,000 base salary and a $3,000,000 RSU award, which is a routine administrative change for shareholders.
- Agostino Ricupati, age 59, appointed effective June 3, 2026, as principal accounting officer, previously Senior Vice President and Chief Accounting Officer of Cooper Companies from July 2017 through May 2026
- Adam C. Spice no longer serves as principal accounting officer but continues as Chief Financial Officer
- Compensation includes a $350,000 annual base salary, a target bonus of 40% of base salary, a $50,000 sign-on bonus, and a $3,000,000 RSU award vesting over four years
Read the filing on SEC.gov ↗
May 7, 4:09 PM ET
Rocket Lab reported first-quarter 2026 revenue of $200.3 million, up 63.5% from $122.6 million a year earlier, and a net loss of $45.0 million, compared with $60.6 million in the same period of 2025. It also guided second-quarter 2026 revenue to $225 million to $240 million, which would be above the first quarter's level.
- Q1 2026 revenue was $200.3 million, up 63.5% from $122.6 million in Q1 2025.
- Net loss was $45.0 million, or $0.07 per share, versus $60.6 million, or $0.12 per share, a year earlier.
- Q2 2026 guidance: revenue of $225 million to $240 million and GAAP gross margin of 33% to 35%.
- Backlog was $2.2 billion at March 31, 2026, and the company said it had access to more than $2 billion in total liquidity.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.