Rocket Lab Stock Falls 3.4% After Profit Miss

Rocket Lab shares fell 3.4% on Monday, August 10, 2026, after the aerospace company reported quarterly earnings that missed Wall Street's profit expectations, despite revenue that slightly exceeded forecasts. The stock traded as low as $79.77 and closed at $80.04, down from its previous close of $82.83.

The company reported earnings per share of $0.08 for the second quarter, missing the consensus estimate of $0.06 by $0.02. Revenue for the quarter was $234.07 million, compared to analyst estimates of $231.62 million. The results followed a strong first quarter where the company delivered record revenue of $200.35 million, up 63.5% year-over-year.

The earnings release came after a week of significant gains for the stock, which had risen 27.5% over five trading sessions. That rally was fueled by two major contract announcements. On August 4, Rocket Lab secured a $397 million contract from the U.S. Space Force for spacecraft, launch services, and operational support. Two days later, the company completed its 92nd Electron launch. The Space Force contract encompasses multiple missions, with the company's upcoming Neutron rocket slated to handle satellite launches.