Rocket Lab Corporation reported strong top-line growth for the quarter and six months ended June 30, 2026 while remaining loss-making. Total revenue was $234.1 million for the quarter and $434.4 million year-to-date, up from $144.5 million and $267.1 million in 2025, driven mainly by Space Systems, which contributed $326.2 million of six‑month revenue. Launch Services contributed $108.2 million.
Gross profit for the first half rose to $161.1 million, but higher research and development and selling, general and administrative expenses of $274.6 million led to an operating loss of $113.5 million and a net loss of $94.3 million, compared with $127.0 million a year earlier. Operating cash outflow was $134.4 million.
The company significantly strengthened liquidity, with cash, cash equivalents and marketable securities of $2.39 billion at June 30, 2026, aided by $1.53 billion of net proceeds from at‑the‑market equity offerings and substantial conversions of its 4.250% Convertible Senior Notes, reducing their carrying amount to $13.1 million. Rocket Lab also announced a pending Iridium acquisition and closed acquisitions of Mynaric and Motiv, adding goodwill and intangibles focused on Space Systems.
Rocket Lab Corporation reported that it has released its financial results for the second quarter ended June 30, 2026. The company states that these results are described in a press release dated August 10, 2026.
The press release is provided as Exhibit 99.1 and is furnished, rather than filed, under the rules of the Securities Exchange Act of 1934. Because it is furnished, the information is not subject to the liability provisions of Section 18 and is not automatically incorporated into other Securities Act or Exchange Act filings unless specifically referenced. The report is signed on behalf of Rocket Lab by its Chief Financial Officer, Adam Spice.
Vanguard Capital Management LLC, together with specified affiliates, reports beneficial ownership of 30,080,579 shares of Rocket Lab Corp common stock. This represents 5.19% of the class. Vanguard has sole voting power over 4,781,366 shares and sole dispositive power over all 30,080,579 shares, with no shared voting or dispositive power.
The position includes securities held by Vanguard-managed funds and client accounts over which Vanguard or its named affiliates exercise voting and/or dispositive authority. Vanguard states that while those funds and accounts have rights to dividends and sale proceeds, no single other person has an interest in more than 5% of the Rocket Lab shares reported.
Rocket Lab Corp reported a large insider sale by the Equatorial Trust, a family trust associated with CEO Peter Beck. Over several transactions on July 6–8, 2026, the trust sold a total of 3,275,779 shares of common stock in open-market trades.
The sales were executed at weighted-average prices generally between about $81 and $102 per share, with detailed price ranges disclosed for each trade bucket. The filing notes that these transactions occurred automatically under a pre-established Rule 10b5-1 trading plan adopted by the Equatorial Trust on March 27, 2026, indicating they were pre-planned rather than discretionary.
In addition to the trust’s indirect holdings, the form also lists 491,930 Rocket Lab shares held directly following the reported activity. The filing emphasizes that Peter Beck, Kerryn Beck, and another director share voting and investment control over the trust and that Beck disclaims beneficial ownership beyond his economic interest.
RKLB submitted a Form 144 notice reporting 5,000,000 shares of Class A Common Stock to be sold. The shares were converted from preferred shares originally acquired as part of a business combination on 08/25/2021. The filing shows the form data dated 07/06/2026.
Rocket Lab Corporation entered into an Agreement and Plan of Merger to acquire Iridium Communications Inc. by sequential mergers announced June 28, 2026. At the First Effective Time each share of Iridium common stock will convert into $27.00 cash plus a variable number of Rocket Lab shares determined by a net exchange ratio tied to Rocket Lab's 10-day VWAP, with an Exchange Ratio ranging from 0.4000 to 0.2400 depending on price. The Transaction is structured to qualify as a tax-free reorganization if certain Stock/Cash consideration conditions are met; otherwise the Subsequent Merger would not occur. Rocket Lab obtained committed bridge financing of $3,600.0 million under a 364-day senior secured facility. The Merger Agreement includes customary closing conditions, regulatory approvals (including FCC and HSR clearances), a termination fee of $223.62 million payable by Iridium in specified circumstances, no-shop restrictions, and director support agreements representing approximately 1.6% of Iridium shares as of June 24, 2026.
Rocket Lab Corporation has agreed to acquire Iridium Communications in a cash-and-stock transaction valuing Iridium at about $8.0 billion. Iridium stockholders will receive $27.00 in cash plus Rocket Lab shares per Iridium share, targeting total value of $54.00, with the stock portion set by an exchange ratio within a price collar.
The deal uses a two-step merger structure that will make Iridium an indirect wholly owned subsidiary of Rocket Lab and is generally intended to qualify as a tax-free reorganization, subject to stock/cash mix conditions. Rocket Lab has secured commitments for a $3.6 billion 364‑day senior secured bridge term loan to fund part of the cash payment, alongside other debt, equity and balance sheet cash.
Closing is expected in mid‑2027, subject to Iridium stockholder approval, antitrust and communications regulatory clearances, effectiveness of a Form S‑4 registration statement and other customary conditions. The Merger Agreement includes a $223.62 million termination fee payable by Iridium to Rocket Lab in specified circumstances, and Iridium directors holding about 1.6% of Iridium shares have signed support agreements to vote in favor of the transaction.
Rocket Lab Corp SVP & General Counsel Arjun Kampani reallocated part of his holdings by contributing shares to an exchange fund. On June 18, 2026, he contributed 88,000 shares of Common Stock at $107.98 per share to an exchange fund under a subscription agreement dated March 25, 2026, receiving fund shares in return rather than executing an open-market sale. Following this transaction, he directly holds 264,705 Rocket Lab shares.
Rocket Lab Corp director Alexander R. Slusky reported an indirect open-market sale of Common Stock through Abalone Cove LLLP. On June 2, 2026, Abalone Cove LLLP sold 40,000 shares at $123.60 per share.
After this transaction, Slusky’s indirect holdings through Abalone Cove LLLP totaled 334,675 shares of Rocket Lab Corp Common Stock. A separate holding entry shows he also directly owns 61,331 shares, providing additional context on his remaining stake following the sale.
Spice Adam C. reported acquisition or exercise transactions in this Form 4 filing.
Rocket Lab Corp Chief Financial Officer Adam C. Spice received a grant of 275,319 shares of common stock in the form of restricted stock units (RSUs). The RSUs were granted at a price of $0.00 per share under the Rocket Lab Corporation 2021 Stock Option and Incentive Plan.
According to the award terms, 1/16 of the RSUs will vest on August 22, 2026, and 1/16 will vest on each March 1, May 22, August 22, or November 22 thereafter, subject to his continuous employment through each vesting date. Following this grant, he directly holds 1,195,644 shares of common stock and indirectly holds 250,000 shares by trust.