RKLB is trading at $92.11 (17.22% up) after reporting Q1 2026 revenue of $200.3M, beating estimates with 63.5% year-over-year growth.

  • The company's record $2.2B backlog grew 20.2% from the prior quarter, with 74% of demand now driven by Space Systems contracts rather than launch services.
  • Management issued strong Q2 guidance of $225M–$240M and a ~$900M full-year projection, signaling a successful transformation into a satellite powerhouse despite Neutron launch delays to Q4.