Rocket Lab USA, Inc. (RKLB) saw its stock price soar 5.00% in pre-market trading on Wednesday, continuing its recent upward momentum.
The surge follows the company's blockbuster first-quarter earnings report, which showed record revenue of $200.3 million, representing 63.5% year-over-year growth, with loss per share narrowing to $0.07. Rocket Lab's backlog surged to a record $2.2 billion, up 20.2% sequentially, driven by 31 new Electron and HASTE launch contracts plus 5 new Neutron dedicated launch contracts in Q1 alone—a single-quarter record. Q1 launch orders exceeded the full-year total for 2025, with over 70 pending launch missions.
Additionally, the company secured its largest launch contract in history tied to the Golden Dome program, achieved record-high gross margins, and provided Q2 guidance that far exceeded expectations. With over $2 billion in liquidity and vertical integration through acquisitions, Rocket Lab is well-positioned for growth in both commercial space and defense segments.