Schwab Network on $RKLB (Nov 10, 2026)
Rocket Lab's quarter is mixed: revenue beat at $267.8 million and sales rose about 73% year over year, but the 12-cent loss was worse than the 6 cents expected and it is still unprofitable. Backlog grew to $3.6 billion from $2.4 billion, about 50%, giving future revenue visibility but not enough given shares up 12% in a year yet down 50% in six months.
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Rocket Lab. Rocket Lab on our radar today. It's a mixed picture over there for Rocket Lab and shares actually rose heading into their results. They had a big increase. So maybe expectations creeping higher.
Uh reporting a loss of 12 cents a share. That's worse than expected. Street was looking for 6 cents. Uh revenue did beat expectations at 267.8 million here. So more sales there.
You had a big jump in uh sales, especially from a year earlier basis, up about 73% on a year-over-year basis. Sales are growing quickly, but the losses, that's a challenge, obviously, because Rocket Lab still is not profitable here.
Backlog, this is a good indication of what does the pipeline of future business, what does that look like here? The backlog reached 3.6 billion. That's up from 2.4 billion in the previous quarter.
It's an increase of about 50%. It's contracted business that the company has yet to deliver. So there's uh visibility into uh future revenue here but again it is not enough especially given how shares were performing coming into just on a uh from yesterday into today Nicole.
>> Yeah and like if you want to be nice you could say one year it's still higher 12% or you can say what some of the shareholders maybe are noting that they've lost 50% in six months.
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