Earnings call briefThird-quarter 2026
Rocket Lab USA RKLB
Rocket Lab expects launch prices to rise, with Neutron base price at $70 million
Chief Financial Officer Adam Spice said Neutron's base price is already $70 million and said he expects pricing to go up from that new baseline.
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On its third-quarter call, Rocket Lab said it expects price increases across Electron and HASTE, and that it is starting to see higher prices reflected in launch backlog. Chief Financial Officer Adam Spice also said the company expects approximately 32.9% of its current backlog to convert into revenue within the next 12 months.
Quotes from the call
“Looking ahead, we expect approximately 32.9% of our current backlog to convert into revenue within the next 12 months.”
Key facts from the call
- Expected fourth-quarter non-GAAP gross margin
- 39% to 41%
- Expected fourth-quarter non-GAAP operating expenses
- $136 million to $142 million
- Neutron base launch price
- $70 million
- Expected share of current backlog converting to revenue within 12 months
- approximately 32.9%
Source: Rocket Lab's third-quarter 2026 earnings call, November 9, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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