--- title: "Space Earnings Heat Up: Rocket Lab Tops $200M, Firefly Hits Record Revenue, Redwire Backlog Surges" type: "News" locale: "en" url: "https://longbridge.com/en/news/285761523.md" description: "Space stocks are gaining attention as companies report strong earnings amid rising defense demand and growing satellite backlogs. Rocket Lab achieved record Q1 revenue of $200.3 million, while Firefly Aerospace and Redwire also reported significant revenue increases. Voyager Technologies raised its 2026 revenue guidance, and BlackSky improved its full-year outlook despite a quarterly revenue decline. Overall, the sector is experiencing a mix of record revenues and ongoing losses as firms scale production to meet national security needs." datetime: "2026-05-08T17:40:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285761523.md) - [en](https://longbridge.com/en/news/285761523.md) - [zh-HK](https://longbridge.com/zh-HK/news/285761523.md) --- # Space Earnings Heat Up: Rocket Lab Tops $200M, Firefly Hits Record Revenue, Redwire Backlog Surges Space stocks were in focus this week as earnings reports highlighted surging defense demand, growing satellite and launch backlogs,and continued investment in next-generation space infrastructure. While several companies posted record revenue or raised guidance, losses remained a theme across the sector as firms scale production and chase defense and national security opportunities. - _RKLB stock is soaring._ See the chart and price action here.  ## Voyager Technologies **Voyager Technologies Inc.** (NYSE:VOYG) reported record fourth-quarter net sales of $46.7 million and full-year 2025 net sales of $166.4 million, while lifting 2026 revenue guidance to $225 million to $255 million on record backlog of $265.6 million.  CEO **Dylan Taylor** called 2025 "a transformational year," saying demand across "defense, national security and space continues to accelerate."  He added that Voyager is entering 2026 "from a position of strength," focused on converting demand into "sustained revenue growth and long-term shareholder value." **Read Also: The Trade Desk Stock Tumbles After Q1 Earnings Miss Estimates** ## Firefly Aerospace **Firefly Aerospace** (NASDAQ:FLY) posted Q1 revenue of $80.9 million, up 40% from the prior quarter, and guided for full-year revenue of $420 million to $450 million.  CEO **Jason Kim** said "momentum defined Firefly's first quarter," citing Golden Dome work, Blue Ghost milestones, Alpha Flight 7 and a U.S. Space Force demonstration.  Kim said the company remains focused on scaling production for "frequent landings on the Moon, a regular launch cadence, and critical national security missions." ## Redwire **Redwire Corp.** (NYSE:RDW) reported Q1 revenue of $97.0 million, up 57.9% year over year, with record backlog of $498.1 million and a 1.92 book-to-bill ratio.  CEO **Peter Cannito** said "very strong demand" and wins including the $1.8 billion Andromeda IDIQ show Redwire has "many pathways to success."  CFO **Chris Edmunds** pointed to gross margin improvement to 26.6% and said Redwire is reaffirming 2026 revenue guidance of $450 million to $500 million. ## Rocket Lab **Rocket Lab Corp.** (NASDAQ:RKLB) delivered record Q1 revenue of $200.3 million, up 63.5% year over year, and backlog of more than $2.2 billion.  Founder and CEO **Peter Beck** said, "With revenue, we topped $200 million in the quarter for the first time," and called gross margins "excellent" at 38.2% GAAP and 43% non-GAAP.  Rocket Lab guided Q2 revenue to $225 million to $240 million. RKLB shares were up 25% on Friday, according to Benzinga Pro data.  ## BlackSky **BlackSky Technology Inc.** (NYSE:BKSY) reported Q1 revenue of $20.8 million. That’s down from $29.5 million a year earlier. However, the company raised full-year revenue guidance to $130 million to $150 million.  CEO **Brian O'Toole** said BlackSky is "rapidly growing revenues driven by the demand for Gen-3 space-based intelligence and AI services" after winning up to $160 million in new contracts.  He said the company is raising guidance on "strong year-to-date sales performance" and "accelerated demand" in its pipeline. **Read Also: AMD Stock Gets A Racehorse-Sized Bull Call From Jim Cramer** ## Coming Next Week Next week's space earnings calendar includes reports from **AST SpaceMobile, Inc.** (NASDAQ:ASTS), **Satellogic Inc.** (NASDAQ:SATL), **Intuitive Machines, Inc.** (NASDAQ:LUNR), **York Space Systems Inc.** (NYSE:YSS) and **Virgin Galactic Holdings, Inc.** (NYSE:SPCE).  _Photo: Shutterstock_ ### Related Stocks - [RDW.US](https://longbridge.com/en/quote/RDW.US.md) - [RKLB.US](https://longbridge.com/en/quote/RKLB.US.md) - [FLY.US](https://longbridge.com/en/quote/FLY.US.md) - [ITA.US](https://longbridge.com/en/quote/ITA.US.md) - [PPA.US](https://longbridge.com/en/quote/PPA.US.md) - [MISL.US](https://longbridge.com/en/quote/MISL.US.md) - [XAR.US](https://longbridge.com/en/quote/XAR.US.md) - [UFO.US](https://longbridge.com/en/quote/UFO.US.md) - [RKLX.US](https://longbridge.com/en/quote/RKLX.US.md) - [ARKX.US](https://longbridge.com/en/quote/ARKX.US.md) - [VOYG.US](https://longbridge.com/en/quote/VOYG.US.md) - [TTD.US](https://longbridge.com/en/quote/TTD.US.md) - [BKSY.US](https://longbridge.com/en/quote/BKSY.US.md) - [AMD.US](https://longbridge.com/en/quote/AMD.US.md) - [ASTS.US](https://longbridge.com/en/quote/ASTS.US.md) - [SATL.US](https://longbridge.com/en/quote/SATL.US.md) - [LUNR.US](https://longbridge.com/en/quote/LUNR.US.md) - [YSS.US](https://longbridge.com/en/quote/YSS.US.md) - [SPCE.US](https://longbridge.com/en/quote/SPCE.US.md) - [LUNRW.US](https://longbridge.com/en/quote/LUNRW.US.md) ## Related News & Research - [Why Rocket Lab Stock Dropped Today](https://longbridge.com/en/news/286940661.md) - [Why Is Rocket Lab Stock Falling On Tuesday?](https://longbridge.com/en/news/286112715.md) - [AG2R LA Mondiale Gestion D Actifs Purchases Shares of 28,288 Rocket Lab Corporation $RKLB](https://longbridge.com/en/news/286212920.md) - [Rocket Lab soars on defense wins and record revenue](https://longbridge.com/en/news/286609431.md) - [Rocket Lab to buy Motiv Space Systems for up to $60M](https://longbridge.com/en/news/286499631.md)