## Filing Overview
**Filing Date**: 06-30-2023
**Type of Filing**: [[Filing Definitions#10-Q|10-Q]]
**Reporting Period**: Quarter ended June 30, 2023
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## Notes
Rocket Lab reported its financial results and operational highlights for the quarter ending June 30, 2023. Key details include:
### Financial Performance:
- **Revenue**: $62.0 million, a YoY increase from $55.5 million.
- **Gross Profit**: $14.6 million, compared to $5.0 million in the prior year.
- **Net Loss**: $(45.9) million, reflecting increased R&D and operational expenses.
### Operational Updates:
- Completed successful launches and advanced Neutron development.
- Continued integration of assets from the Virgin Orbit acquisition.
### Financial Position:
- **Cash and Equivalents**: $197.2 million as of June 30, 2023.
- **Backlog**: $534.3 million, with 57% expected to be realized within 12 months.
The filing reflects Rocket Lab's focus on scaling its operations and enhancing capabilities in launch and space systems.
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## Filing
![[5b4c56bf-7152-4c40-a021-9949df78f84e.pdf]]