Earnings call briefSecond-quarter 2026
Rocket Lab expects Q3 GAAP operating expenses of $143 million to $149 million
The company said it expects non-GAAP operating expenses of $121 million to $127 million, with spending shifting from R&D to flight inventory.
GetSignal Rocket Lab USA RKLB
Chief Financial Officer Adam Spice said on the second-quarter call that the quarter-over-quarter increases are primarily driven by ongoing Neutron development and spending on Flight 1, including staff costs, prototyping and materials.
Spice said Neutron was brought to market at a $50 million to $55 million average selling price, with a commitment not to significantly discount early launches.
Quotes from the call
“The quarter-over-quarter increases are primarily driven by ongoing Neutron development and spending related to Flight 1, including staff costs, prototyping and materials.”
“We brought Neutron to market with a $50 million to $55 million ASP with a commitment really not to do any significant discounting for early launches.”
Key facts from the call
- Expected third-quarter GAAP operating expenses
- $143 million to $149 million
- Expected third-quarter non-GAAP operating expenses
- $121 million to $127 million
- Expected third-quarter net interest income
- $21 million
- Neutron ASP when brought to market
- $50 million to $55 million
Source: Rocket Lab's second-quarter 2026 earnings call, August 10, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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