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Rocket Lab USA Inc. (RKLB) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · AEROSPACE & DEFENSE · DATA UPDATED 2026-09-19

Rocket Lab USA Inc. (RKLB) operates in the AEROSPACE & DEFENSE industry and is headquartered in Long Beach, United States with about 2,600 employees. Its market capitalization is roughly $41 billion. In the fiscal year ended 2025-12-31, RKLB reported $602M in revenue and ($198M) in net income.

Rocket Lab Corporation, a space company, provides launch services and space systems solutions in the United States, Canada, Japan, and internationally. The company operates through launch services and space systems segments.

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RKLB Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Total Revenue$769M$602M$436M$245M$211M$62M$35M$48M
Gross Profit$286M$207M$116M$51M$19M($2M)($12M)($1M)
Gross Margin %37.2%34.4%26.6%21.0%9.0%-3.0%-33.6%-2.2%
Operating Income (EBIT)($224M)($229M)($190M)($178M)($135M)($102M)($55M)($33M)
Operating Margin %-29.1%-38.0%-43.5%-72.7%-64.1%-164.0%-156.3%-68.0%
Net Income($165M)($198M)($190M)($183M)($136M)($117M)($55M)($30M)
Net Margin %-21.5%-32.9%-43.6%-74.6%-64.4%-188.5%-156.4%-62.7%
EBITDA($155M)($152M)($145M)($95M)($108M)($46M)($28M)
Earnings Per Share (EPS)$-0.27$-0.37$-0.38$-0.38$-0.29$-0.26$-0.14$-0.08
Shares Outstanding (M)531M496M482M466M452M401M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RKLB Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue$234M$200M$180M$155M$144M$123M$132M$105M$106M
Gross Profit$85M$76M$68M$57M$46M$35M$37M$28M$27M
Gross Margin %36.3%38.2%38.0%37.0%32.1%28.8%27.8%26.7%25.6%
Operating Income (EBIT)($58M)($56M)($51M)($59M)($60M)($59M)($52M)($52M)($43M)
Operating Margin %-24.8%-27.9%-28.4%-38.0%-41.3%-48.3%-38.9%-49.5%-40.7%
Net Income($49M)($45M)($53M)($18M)($66M)($61M)($52M)($52M)($42M)
Net Margin %-20.9%-22.5%-29.5%-11.8%-46.0%-49.5%-39.5%-49.6%-39.2%
EBITDA($31M)($22M)($47M)($52M)($50M)($41M)($42M)($34M)
Earnings Per Share (EPS)$-0.08$-0.07$-0.09$-0.03$-0.13$-0.12$-0.10$-0.10$-0.08
Shares Outstanding (M)605M573M529M515M506M502M498M494M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RKLB Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Cash from Operations (CFO)($223M)($166M)($49M)($99M)($107M)($72M)($28M)($22M)
Capital Expenditures (CapEx)$149M$156M$67M$55M$42M$26M$25M$24M
Free Cash Flow (FCF)($370M)($322M)($116M)($154M)($149M)($97M)($53M)($46M)
FCF Margin %-48.1%-53.5%-26.6%-62.8%-70.6%-156.6%-150.4%-94.9%
Dividends Paid$32M$12M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RKLB Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash from Operations (CFO)($84M)($50M)($65M)($24M)($23M)($54M)($2M)($31M)($13M)
Capital Expenditures (CapEx)$26M$27M$50M$46M$32M$29M$22M$11M$15M
Free Cash Flow (FCF)($110M)($77M)($114M)($69M)($55M)($83M)($24M)($42M)($28M)
FCF Margin %-47.0%-38.6%-63.6%-44.8%-38.3%-67.6%-18.1%-40.0%-26.7%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

RKLB Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Total Assets$4.2B$2.3B$1.2B$941M$989M$981M$188M$195M
Cash & Cash Equivalents$2.1B$829M$271M$163M$243M$691M$53M$96M
Total Liabilities$695M$603M$802M$387M$316M$282M$355M$58M
Total Debt (Short + Long-Term)$154M$401M$105M$103M$100M$36M$0M
Total Shareholders' Equity$3.5B$1.7B$382M$555M$673M$698M($167M)$137M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive RKLB viewer.

RKLB Metric Deep Dives

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