ROCKET LAB $RKLB Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $268M (Est. $256M) 🟢; +73% YoY 🔹 EPS: -$0.12 (Est. -$0.07) 🔴 🔹 Adj. EBITDA: -$18.0M (Est. -$21.1M) 🟢 🔹 Backlog: $3.57B; +52% QoQ 🔹 Non-GAAP Gross Margin: 38.4%; -350 bps YoY Q4 Guide: 🔹 Revenue: $270M-$290M (Est. $265M) 🟢 🔹 Adj. EBITDA: -$14M--$20M (Est. -$13.1M) 🔴 🔹 GAAP Gross Margin: 34%-36% 🔹 Non-GAAP Gross Margin: 39%-41% Announcements: 🔹 Neutron: $515M+ contracts; 16 missions; $70M base price 🔹 New Launch Contracts: ~$1B; 117-launch record backlog 🔹 Neutron First Launch: no earlier than 2027 🔹 Spacecraft: Twelve launched; 55+ in development and build 🔹 Iridium Acquisition: shareholder approval obtained Key Updates: 🔹 Loss on extinguishment of debt: $27.3M; included in GAAP net loss and Adjusted EBITDA reconciliation 🔹 GAAP Operating Cash Flow: $7.2M positive Comments: 🔸 “Nearly $1 billion of that backlog comes from new launch contracts, signed in Q3 2026 alone, as well as $470 million signed for Space Systems.”