NASDAQ$RKLB

Rocket Lab Corp · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Rocket Lab announced Q4 2021 earnings, exceeding revenue guidance and demonstrating substantial growth in launch services and space systems.

Rocket Lab reported Q4 2021 revenue of $27.5 million, surpassing the high end of its prior guidance. The company experienced significant growth in both Launch Services and Space Systems segments. Full year 2021 revenue reached $62.2 million, a 77% increase year-over-year.

  • Q4 2021 revenue was $27.5 million, exceeding prior guidance.
  • Full year 2021 revenue grew by 77% year-over-year, reaching $62.2 million.
  • Launch Services grew by 1126% and Space Systems grew by 229% in Q4 2021.
  • Backlog increased to $241 million as of December 30, 2021.

Headline financials

Total Revenue

$27.5M

Previous: $15.7M+74.7%
EPS (adj)

$0.01

Previous: -$0.73+101.4%
Capital Expenditures

$14.3M

Previous: $7.34M+94.1%
Free Cash Flow

-$36.2M

Previous: -$13.7M-164.3%
Net Income

$3.2M

Previous: -$18.9M+116.9%
Operating Income

-$24.3M

Previous: -$18.8M-29.4%
Gross Profit

$6.6M

Previous: -$4.05M+262.8%
Cash & Equivalents

$691M

Previous: $52.8M+1208.8%
Total Assets

$981M

Previous: $188M+422.1%
Stock-Based Comp

$8.38M

Previous: $1.1M+659.4%

Revenue & EPS history

Rocket Lab · Revenue · Quarterly

$27.5M

Q4 2021+74.7%vs Q4 2020
Beat estimate in 5 of 10 quarters(50%)
ActualEstimate

Forward guidance

Rocket Lab expects revenue to range between $42 million to $47 million for the first quarter of 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+1.8%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+3.2%

Avg return

30 days after

50%

11 / 22 earnings

Positive

+27.4%

Q3 2024

Best reaction

-11.2%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-7.2%+38.6%+30.0%
Q4 2025+1.3%-1.0%-16.1%
Q3 2025-6.8%-12.3%+22.4%
Q2 2025+1.1%-2.7%+3.7%
Q1 2025-11.2%+4.5%+25.2%
Q4 2024+3.3%+2.9%-6.1%
Q3 2024+27.4%+28.6%+52.8%
Q2 2024+17.2%+14.2%+26.9%
Q1 2024-0.7%+2.8%+11.0%
Q4 2023+0.4%-0.7%-10.1%
Q3 2023-4.9%-3.8%+6.7%
Q2 2023-2.1%-4.1%-4.1%
Q1 2023+7.0%+7.0%+37.1%
Q4 2022-4.1%-0.4%-13.9%
Q3 2022+3.9%+1.0%-21.7%
Q2 2022+22.6%+14.2%-3.5%
Q1 2022-3.4%-19.3%-26.1%
Q2 2021-9.1%-5.4%-12.0%
Q4 2021-3.7%-11.1%-14.3%
Q3 2021+7.7%+7.9%-12.1%
Q1 2021-1.0%-0.2%+3.1%
Q4 2020+0.7%-3.2%-8.2%
Q3 2020
Q2 2020
Q1 2020

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