StockGist
Back to RKLB
Q2 20252025-08-07· deepseek:deepseek-v4-flash

RKLB earnings call summary

Prepared Highlights

Official Guidance(Q3 2025)

Mgmt Quotes

Prepared Metrics

MetricQ2 2025 ValueSpeaker/Context
Total Revenue$144.5MCFO – record high, above guidance
Space Systems Revenue$97.9MCFO – sequential +12.5%
Launch Services Revenue$66M (implied)CFO – sequential +31.1%
GAAP Gross Margin32.1%CFO – above 30-32% guidance
Non-GAAP Gross Margin36.9%CFO – above 34-36% guidance
CapEx (PP&E & SW)$32MCFO – +$3.3M QoQ
Non-GAAP FCF-$55.3MCFO – improved from -$82.9M Q1
Total Backlog~$1BCFO – Launch 41%, Space Systems 59%
Adjusted EBITDA Loss-$27.6MCFO – better than -$28 to -$30M guidance
Ending Cash & Securities$754MCFO – includes $303.8M ATM raise