AI brief of an SEC Form 8-K · Rocket Lab (RKLB)

Rocket Lab Q3 revenue rises 55% to $105 million; net loss widens to $52 million

Mixed Impact 3 of 5 earnings Written later

Rocket Lab reported third-quarter 2024 results on November 12, 2024. Revenue rose 55% year over year to $104.8 million, but the net loss widened to $51.9 million from $40.6 million, and the adjusted EBITDA loss grew to $30.9 million from $15.5 million. The company guided fourth-quarter revenue to $125 million to $135 million, which it describes as a record quarter.

Key points

  • Q3 2024 revenue was $104.8 million, up from $67.7 million in Q3 2023.
  • Net loss was $51.9 million, or $0.10 per share, compared with $40.6 million, or $0.08 per share, a year earlier.
  • Q4 2024 guidance calls for revenue of $125 million to $135 million and GAAP gross margins of 26% to 28%.
  • CEO Sir Peter Beck cited a backlog of $1.05 billion.

The filing

CompanyRocket Lab (RKLB)
Form8-K, current report
Filed with the SECNov 12, 2024, 4:17 PM ET
Accession number0000950170-24-125448

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 12, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.