Prediction: Rocket Lab's Revenue Tops $1.5 Billion in 2027 Without Counting Iridium
Getting there takes about 55% growth next year -- less than the space company is delivering right now.
Overview
Rocket Lab (NASDAQ:RKLB) keeps breaking its own records. The space company's revenue rose 62% year over year to a record $234 million in the second quarter of 2026. Its backlog grew to a record $2.36 billion, up 137%.
And management's guidance for third-quarter revenue of $250 million to $265 million calls for yet another record.
Details
There's a complication ahead, though. In June, Rocket Lab agreed to buy satellite operator Iridium Communications (NASDAQ:IRDM) in an $8 billion deal expected to close in mid-2027.
Source
Originally published at www.fool.com.
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