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Rocket Lab CEO Interview on Neutron Rocket
A test of the Archimedes rocket engine intended to power Rocket Lab’s next-generation Neutron craft (Rocket Lab)

Rocket Lab beats expectations on Q4 sales, per-share loss

Here’s how the numbers looked in the most recent quarter.

Retail favorite Rocket Lab posted better-than-expected Q4 sales and a slightly smaller adjusted per-share loss than expected late Thursday. The stock slipped slightly in the after-hours session, giving back some of the day’s gains.

Here’s how the company, which has positioned itself as a publicly traded competitor to Elon Musk’s privately held SpaceX, did in its most recent quarter: 

  • Q4 revenue of $179.7 million vs. Wall Street’s expectation for $176.8 million.

  • An adjusted loss per share of $0.09 vs. the consensus estimate of a $0.10 loss.

  • Adjusted EBITDA of -$17.4 million vs. analyst expectations of -$25.2 million. 

Rocket Lab’s remarkable performance in recent years — it rose by 361% in 2024, and by another 174% last year — has attracted a loyal following of retail shareholders as the satellite-services-from-space theme has turned into one of the most explosive areas of the market. 

Companies such as AST SpaceMobile, Planet Labs, and EchoStar have also soared, respectively gaining 244%, 388%, and 375% in 2025, amid growing excitement for the sector. That fervor has been stoked, in part, by Elon Musk’s reported plans to bring SpaceX public in the middle of this year, in what could be the largest share offering of all time. 

Hype aside, Rocket Lab has a ways to go before producing profits, with its strategy hinging on its effort to bring its new, larger Neutron rocket into the launch services market. Wall Street is looking for the company to go adjusted EBITDA positive late this year.

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Warner Bros. board deems Paramount’s $31-per-share offer a superior deal, starting four-day countdown for Netflix response

The Warner Bros. Discovery board has determined that Paramount’s latest deal constitutes a superior proposal to the $83 billion agreement it has with Netflix.

The Netflix merger remains in effect, but the determination kicks off a four-business-day window for the streamer to amend its deal to match or beat Paramount’s.

Should Netflix decide to not raise its own offer to a degree the Warner Bros. board determines to be the “Company Superior Proposal,” Warner Bros. would be entitled to terminate that merger agreement.

Netflix is said to have ample cash to increase its own offer for Warner Bros., but it’s yet to be seen how high the company is willing to go. Netflix shares have increased since Paramount boosted its bid, signaling that its own investors aren’t exactly rooting for it to make the purchase.

Warner Bros. announcement boosted Paramount’s odds on prediction markets to end up in control of the company. As of 4:40 p.m. ET on Thursday, event contracts speculating on which company will ultimately come out on top of the bidding war have Paramount at a 62% chance over Netflix’s 33% odds.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

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Should Netflix decide to not raise its own offer to a degree the Warner Bros. board determines to be the “Company Superior Proposal,” Warner Bros. would be entitled to terminate that merger agreement.

Netflix is said to have ample cash to increase its own offer for Warner Bros., but it’s yet to be seen how high the company is willing to go. Netflix shares have increased since Paramount boosted its bid, signaling that its own investors aren’t exactly rooting for it to make the purchase.

Warner Bros. announcement boosted Paramount’s odds on prediction markets to end up in control of the company. As of 4:40 p.m. ET on Thursday, event contracts speculating on which company will ultimately come out on top of the bidding war have Paramount at a 62% chance over Netflix’s 33% odds.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

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Grindr rises after beating earnings, revenue expectations

The company reported earnings results on Thursday.

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