Rocket Lab (RKLB) is trading down at $73.02 (-1.22%) on NASDAQ, as of the latest quote. It is a Nasdaq-100 constituent in the Industrials sector.
| FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | $35.2M | $62.2M | $211.0M | $244.6M | $436.2M | $601.8M |
| Growth (year over year) | — | +77.0% | +239.0% | +15.9% | +78.3% | +38.0% |
| Gross profit | −$11.8M | −$1.89M | $19.0M | $51.4M | $116.1M | $207.2M |
| Gross margin | −33.6% | −3.0% | 9.0% | 21.0% | 26.6% | 34.4% |
| Operating income | −$55.0M | −$102.1M | −$135.2M | −$177.9M | −$189.8M | −$228.8M |
| Operating margin | −156.3% | −164.0% | −64.1% | −72.7% | −43.5% | −38.0% |
| Net income | −$55.0M | −$117.3M | −$135.9M | −$182.6M | −$190.2M | −$198.2M |
| Net margin | −156.4% | −188.5% | −64.4% | −74.6% | −43.6% | −32.9% |
| EPS (diluted) | −$0.73 | −$0.56 | −$0.29 | −$0.38 | −$0.38 | −$0.37 |
| Balance sheet | ||||||
| Cash and equivalents | $52.8M | $691.0M | $242.5M | $162.5M | $271.0M | $828.7M |
| Total assets | $187.9M | $980.8M | $989.1M | $941.2M | $1.18B | $2.32B |
| Total liabilities | $79.6M | $282.4M | $315.9M | $386.7M | $801.9M | $602.6M |
| Long-term debt | $0 | $97.3M | $100.0M | $87.6M | $44.0M | $1.72M |
| Shareholders' equity | −$166.7M | $698.4M | $673.2M | $554.5M | $382.5M | $1.72B |
| Cash flow | ||||||
| Operating cash flow | −$27.8M | −$71.8M | −$106.5M | −$98.9M | −$48.9M | −$165.5M |
| Capital expenditure | $25.1M | $25.7M | $42.4M | $54.7M | $67.1M | $156.3M |
| Free cash flow | −$52.9M | −$97.5M | −$148.9M | −$153.6M | −$116.0M | −$321.8M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $104.8M | $132.4M | $122.6M | $144.5M | $155.1M | $179.7M | $200.3M | $234.1M |
| Growth (year over year) | +54.9% | +120.7% | +32.1% | +36.0% | +48.0% | +35.7% | +63.5% | +62.0% |
| Gross profit | $28.0M | $36.8M | $35.2M | $46.4M | $57.3M | $68.2M | $76.5M | $84.6M |
| Gross margin | 26.7% | 27.8% | 28.8% | 32.1% | 37.0% | 38.0% | 38.2% | 36.1% |
| Operating income | −$51.9M | −$51.5M | −$59.2M | −$59.6M | −$59.0M | −$51.0M | −$56.0M | −$57.5M |
| Operating margin | −49.5% | −38.9% | −48.3% | −41.3% | −38.0% | −28.4% | −27.9% | −24.6% |
| Net income | −$51.9M | −$52.3M | −$60.6M | −$66.4M | −$18.3M | −$52.9M | −$45.0M | −$49.3M |
| Net margin | −49.6% | −39.5% | −49.5% | −46.0% | −11.8% | −29.5% | −22.5% | −21.0% |
| EPS (diluted) | −$0.10 | −$0.11 | −$0.12 | −$0.13 | −$0.03 | −$0.09 | −$0.07 | −$0.08 |
| Balance sheet | ||||||||
| Cash and equivalents | $292.5M | $271.0M | $303.1M | $564.1M | $807.9M | $828.7M | $1.21B | $2.13B |
| Total assets | $1.15B | $1.18B | $1.25B | $1.55B | $2.22B | $2.32B | $2.82B | $4.19B |
| Total liabilities | $733.2M | $801.9M | $823.7M | $864.7M | $940.4M | $602.6M | $555.6M | $695.2M |
| Long-term debt | $46.9M | $44.0M | $57.7M | $53.7M | $51.3M | $1.72M | $1.72M | $1.72M |
| Shareholders' equity | $419.8M | $382.5M | $431.3M | $688.5M | $1.28B | $1.72B | $2.26B | $3.49B |
| Cash flow | ||||||||
| Operating cash flow | −$30.9M | −$2.39M | −$54.2M | −$23.2M | −$23.5M | −$64.5M | −$50.3M | −$84.1M |
| Capital expenditure | $11.0M | $21.6M | $28.7M | $32.0M | $45.9M | $49.7M | $27.1M | $26.0M |
| Free cash flow | −$41.9M | −$23.9M | −$82.9M | −$55.3M | −$69.4M | −$114.2M | −$77.4M | −$110.1M |
From Rocket Lab's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Rocket Lab Corporation is a publicly traded aerospace manufacturer and launch service provider. Its Electron orbital rocket launches small satellites and has successfully completed over 75 missions as of January 2026, making it the most prolific small-lift launch vehicle in operation globally. A suborbital variant of Electron, called HASTE, was developed as a testbed to advance hypersonic technology development, while the next-generation reusable Neutron medium-lift launch vehicle is in development to support constellation deployment, interplanetary missions, and human spaceflight. The company is a supplier of satellite components such as star trackers, reaction wheels, solar panels, electric propulsion systems, software-defined radios, composite structures, separation systems, and electro-optical and infrared (EO/IR) sensors, as well as flight and ground software. The company also manufactures satellite buses and complete spacecraft as part of its strategic vision to become a vertically integrated, end-to-end space company.
Source: Wikipedia — Rocket Lab