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Backlog by Type
Provides a detailed view of pending orders by category, indicating future revenue potential and areas of strong demand.Both Space Systems and Launch Services saw steady erosion through mid‑2025—consistent with backlog conversion—but then surged sharply in late‑2025/early‑2026 with multi‑hundred‑million additions. That synchronous jump materially boosts multi‑year revenue visibility and points to significant recent contract wins across hardware and launch pipelines; the larger proportional uplift in Launch Services suggests stronger demand or bigger, higher‑value missions. The key caveat for investors: this is only meaningful if Rocket Lab can execute at scale and convert bookings into on‑time revenue and cash.
Date | Space Systems | Launch Services |
|---|---|---|
Jun 30, 2026 | $1.42B | $940.20M |
Mar 31, 2026 | $1.30B | $921.40M |
Dec 31, 2025 | $1.37B | $475.60M |
Sep 30, 2025 | $586.30M | $509.70M |
Jun 30, 2025 | $585.80M | $409.60M |
Mar 31, 2025 | $644.80M | $422.10M |
Dec 31, 2024 | $680.70M | $386.30M |
Sep 30, 2024 | $721.20M | $326.40M |
Jun 30, 2024 | $772.60M | $294.00M |
Mar 31, 2024 | $799.70M | $215.60M |