Filing Flows › Rocket Lab (RKLB) › Q3 2026
Rocket Lab (RKLB) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Rocket Lab (RKLB) reported revenue of $268M for the third quarter 2026 (Q3 2026), +73% from a year earlier and +14% from the quarter before. Operating margin was -29.6%, net loss $79.7M (29.7% of revenue).
Rocket Lab, Q3 2026: revenue $268M (+73% year over year), operating margin -29.6%, net loss $79.7M, operating cash flow $7.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $268M | +14% | +73% |
| Operating profit | −$79.2M | — | — |
| Net earnings | −$79.7M | — | — |
| Operating cash flow | $7.2M | — | — |
What changed
Revenue was $267.8M in Q3 2026, up 73% year over year and up 14% from the previous quarter. Product revenues was the largest line at 74% of revenue. Product revenues added $93.4M year over year (up 90%), 83% of the total change.
Gross margin was 33.6%, down 3.3 points from Q3 2025. Operating costs exceeded revenue by $79.2M, an operating margin of -29.6%. Operating expenses grew 46% against revenue growth of 73%. The fastest-growing cost line was SG&A (+55%). The quarter ended with a net loss of $79.7M, wider than the previous quarter's $49.3M loss.
Operating cash flow was $7.2M. Non-cash charges added back $21.7M of depreciation and amortization and $18.3M of share-based compensation. Working capital and other items added $46.8M. Capital expenditures of $31.1M exceeded it, leaving free cash flow of −$23.9M.
Questions
What was Rocket Lab's revenue in the third quarter 2026?
Rocket Lab (RKLB) reported revenue of $268M for the third quarter 2026 (Q3 2026), +73% from a year earlier and +14% from the quarter before.
Was Rocket Lab profitable in the third quarter 2026?
Operating loss was $79.2M (-29.6% of revenue) and net loss $79.7M.
Source: Rocket Lab 10-Q on SEC EDGAR.