On Tuesday, Rocket Lab USA, Inc. (RKLB.US) saw its shares rise over 8% in pre-market trading, reaching $56.09. The company reported Q3 revenue of $155 million, a 48% year-over-year increase, surpassing market expectations of $152 million. Net losses narrowed to $18.26 million, compared to a loss of $51.94 million in the same period last year. GAAP gross margin stood at 37%, while non-GAAP gross margin hit a record high of 41.9%. Following new orders in Q3, the company's backlog reached $1.1 billion by the end of the quarter. For Q4 2025, Rocket Lab projects revenue between $170 million and $180 million, exceeding the market consensus of $172 million.