Get started

Financials · RKLB

Rocket Lab Corporation (RKLB) financials

For the twelve months ended Jun 30, 2026, Rocket Lab Corporation reported $769.15M of revenue and -$165.46M of net income.

Revenue, TTM
$769.15M
Revenue growth, YoY
+52.5%
Net income, TTM
-$165.46M
Net margin
-21.5%
Free cash flow, TTM
-$371.14M
EPS, diluted, TTM
-$0.27
Cash
$2.13B
Total debt
$1.72M
P/S
43.32
Market cap
$33.32B
Annual revenue$601.80M
FY2020FY2025
Annual net income-$198.21M
FY2020FY2025
Annual free cash flow-$321.81M
FY2020FY2025

RKLB revenue and earnings growth

RKLB revenueQ2 2026$234.07M

Quarter YoY
+62.0%
QoQ
+16.8%
FY YoY
+38.0%
5Y CAGR
+76.5%

RKLB revenue was $234.07M in fiscal Q2 2026 (ended Jun 30, 2026), up 62.0% from a year earlier and up 16.8% from the prior quarter. For the full fiscal 2025 it was $601.80M, up 38.0% from fiscal 2024. Compound annual growth was +76.5% over 5 years. It rose in each of the last 5 fiscal years. Fiscal 2025 is the highest of the 6 fiscal years on file.

RKLB net incomeQ2 2026-$49.26M

RKLB net income was -$49.26M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$66.41M a year earlier. For the full fiscal 2025 it was -$198.21M, compared with -$190.18M in fiscal 2024.

RKLB EPSQ2 2026-$0.08

RKLB diluted EPS was -$0.08 in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$0.13 a year earlier. For the full fiscal 2025 it was -$0.37, compared with -$0.38 in fiscal 2024.

RKLB free cash flowQ2 2026-$110.12M

RKLB free cash flow was -$110.12M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$55.28M a year earlier. For the full fiscal 2025 it was -$321.81M, compared with -$115.98M in fiscal 2024.

Export CSV

Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
Revenue$601.80M$436.21M$244.59M$211.00M$62.24M$35.16M
Cost of revenue$394.62M$320.06M$193.18M$192.01M$64.13M$46.98M
Gross profit$207.18M$116.15M$51.41M$18.99M-$1.89M-$11.82M
Research and development$270.72M$174.39M$119.05M$65.17M$41.77M$19.14M
Selling, general and admin$165.30M$131.56M$110.27M$89.03M$58.40M$23.99M
Operating income-$228.84M-$189.80M-$177.92M-$135.20M-$102.05M-$54.95M
Interest expense$26.49M$26.18M$17.52M---
Pre-tax income-$225.90M-$189.41M-$178.92M-$132.95M-$124.84M-$54.54M
Income tax-$27.69M$764.0K$3.65M$3.00M-$7.52M$467.0K
Net income-$198.21M-$190.18M-$182.57M-$135.94M-$117.32M-$55.01M
EPS, basic-$0.37-$0.38-$0.38-$0.29-$0.56-$0.73
EPS, diluted-$0.37-$0.38-$0.38-$0.29-$0.56-$0.73
Diluted shares530.7M495.9M481.8M466.2M209.9M75.4M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
Cash and equivalents$828.66M$275.30M$166.43M$245.87M$692.08M$53.93M
Short-term investments$187.92M$147.95M$82.25M$229.28M$0-
Receivables$39.00M$36.44M$35.18M$36.57M$13.96M$2.73M
Inventory$158.41M$119.07M$107.86M$92.28M$47.90M$26.14M
Current assets$1.37B$692.62M$476.72M$662.29M$774.76M$93.11M
Goodwill$205.75M$71.02M$71.02M$71.02M$43.31M$3.13M
Total assets$2.32B$1.18B$941.21M$989.12M$980.85M$187.87M
Current liabilities$334.48M$339.52M$223.37M$162.94M$96.31M$48.42M
Short-term debt$0$12.04M$17.76M$2.91M$2.83M$0
Long-term debt$1.72M$44.05M$87.59M$100.04M$97.30M$0
Total debt$1.72M$56.09M$105.35M$102.95M$100.12M$0
Total liabilities$602.62M$801.89M$386.67M$315.92M$282.40M$79.62M
Shareholders' equity$1.72B$382.45M$554.54M$673.21M$698.45M-$166.71M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
Operating cash flow-$165.52M-$48.89M-$98.87M-$106.54M-$71.79M-$27.76M
Capital expenditures$156.28M$67.09M$54.71M$42.41M$25.70M$25.12M
Free cash flow-$321.81M-$115.98M-$153.57M-$148.95M-$97.49M-$52.88M
Investing cash flow-$347.40M-$98.33M$12.02M-$346.08M-$92.13M-$37.33M
Financing cash flow$1.07B$256.68M$7.37M$2.04M$799.94M$21.48M
Stock-based compensation$71.10M$56.82M$53.46M$55.65M$32.56M$4.22M
Depreciation and amortization$43.94M$33.66M$29.74M$29.95M$10.85M$9.34M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
Revenue growth, YoY38.0%78.3%15.9%239.0%77.0%-
Gross margin34.4%26.6%21.0%9.0%-3.0%-33.6%
Operating margin-38.0%-43.5%-72.7%-64.1%-164.0%-156.3%
Net margin-32.9%-43.6%-74.6%-64.4%-188.5%-156.4%
Free cash flow margin-53.5%-26.6%-62.8%-70.6%-156.6%-150.4%
Return on equity-11.5%-49.7%-32.9%-20.2%-16.8%-
Return on assets-8.5%-16.1%-19.4%-13.7%-12.0%-29.3%
Current ratio4.082.042.134.068.041.92
Debt to equity0.000.150.190.150.14-

Source: XBRL data Rocket Lab Corporation files with the SEC, latest filing dated Aug 10, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

RKLB peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
RKLB$769.15M+52.5%-$165.46M-21.5%$33.32B
LMT$79.12B+7.9%$6.51B8.2%$131.00B
TDG$10.01B+16.6%$2.13B21.3%$66.17B
FER€9.63B+5.2%€888.00M9.2%$42.24B
ESLT$7.94B+16.3%$534.34M6.7%$31.75B
J$14.22B+20.1%$338.43M2.4%$17.43B
TTEK$5.07B-7.6%$435.98M8.6%$10.32B
MOG.B$4.32B+15.7%$377.12M8.7%$10.30B

RKLB FAQ

9 questions
  • What is RKLB revenue?
    Rocket Lab Corporation (RKLB) reported $769.15M of revenue for the twelve months ended Jun 30, 2026. That is up 52.5% from the year before. Revenue for fiscal 2025 was $601.80M.
  • Is RKLB profitable?
    No. Rocket Lab Corporation reported a net loss of $165.46M for the twelve months ended Jun 30, 2026.
  • How much cash and debt does RKLB have?
    Rocket Lab Corporation reported $2.13B in cash and cash equivalents and $1.72M of debt on its most recent balance sheet in SEC filings.
  • How fast is RKLB revenue growing?
    Rocket Lab Corporation's revenue changed +38.0% in fiscal 2025, to $601.80M. Its compound annual growth rate was +76.5% over 5 years.
  • What is RKLB gross margin?
    Rocket Lab Corporation's gross profit was $286.62M on $769.15M of revenue for the twelve months ended Jun 30, 2026, a gross margin of 37.3%.
  • What is RKLB free cash flow?
    Rocket Lab Corporation generated -$371.14M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of -$222.46M less capital expenditures.
  • What is RKLB earnings per share?
    Diluted earnings per share were -$0.27 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did RKLB last report financial results?
    The latest statements here come from Rocket Lab Corporation's 10-Q filed on Aug 10, 2026, covering the period ended Jun 30, 2026.
  • Where does this RKLB financial data come from?
    Quantisnow builds these statements from the structured XBRL data Rocket Lab Corporation files with the SEC. It is provided for information only and is not investment advice.