← Back to Screener
ScreenerNewsCompareWatchlist
VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesNewsCompareWatchlist
AnalyzeValuationTotal ReturnDCA CalculatorInsider Activity

RKLB logoRocket Lab USA, Inc.(RKLB)Earnings, Financials & Key Ratios

RKLB•NASDAQ
$78.76
$45.35B mkt cap·Price updated May 6, 2026
SectorIndustrialsIndustryAerospace & DefenseSub-IndustrySpace Systems and Launch
AboutRocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft engineering and design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets. It also designs, manufactures, and sells Electron small orbital launch vehicles and the Photon satellite platforms, as well as developing the Neutron 8-ton payload class launch vehicle; conducts remote launch activities; and designs and manufactures a range of components and subsystems for the Photon family of spacecraft and broader merchant spacecraft components. The company serves commercial, aerospace prime contractors, and government customers. The company was founded in 2006 and is headquartered in Long Beach, California.Show more
  • Revenue$602M+38.0%
  • EBITDA-$185M-18.4%
  • Net Income-$198M-4.2%
  • EPS (Diluted)-0.37+2.6%
  • Gross Margin34.43%+29.3%
  • EBITDA Margin-30.73%+14.2%
  • Operating Margin-38.03%+12.6%
  • Net Margin-32.94%+24.5%
  • ROE-18.84%+53.6%
  • ROIC-19.88%+19.8%
  • Debt/Equity0.15-88.0%
  • Interest Coverage-7.53+84.0%
Analysis→Technical→

RKLB Key Insights

Rocket Lab USA, Inc. (RKLB) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 82 (top 18%)
  • ✓Strong 5Y sales CAGR of 76.5%

✗Weaknesses

  • ✗Profits declining 29.2% over 5 years
  • ✗Negative free cash flow
  • ✗Expensive at 24.3x book value
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

RKLB Price & Volume

Rocket Lab USA, Inc. (RKLB) stock price & volume — 10-year historical chart

Loading chart...

RKLB Growth Metrics

Rocket Lab USA, Inc. (RKLB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years76.47%
3 Years41.82%
TTM37.96%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-4.22%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-0.64%

Return on Capital

10 Years-22.24%
5 Years-19.84%
3 Years-21.16%
Last Year-16.14%

RKLB Recent Earnings

Rocket Lab USA, Inc. (RKLB) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 10/12 qtrs (83%)
Q1 2026Latest
Feb 26, 2026
EPS
$0.09
Est $0.10
+8.9%
Revenue
$180M
Est $177M
+1.6%
Q4 2025
Nov 10, 2025
EPS
$0.01
Est $0.10
+110.1%
Revenue
$155M
Est $152M
+2.2%
Q3 2025
Aug 7, 2025
EPS
$0.10
Est $0.10
-5.0%
Revenue
$144M
Est $135M
+6.7%
Q2 2025
May 8, 2025
EPS
$0.12
Est $0.11
-12.6%
Revenue
$123M
Est $121M
+1.0%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 26, 2026
$0.09vs $0.10+8.9%
$180Mvs $177M+1.6%
Q4 2025Nov 10, 2025
$0.01vs $0.10+110.1%
$155Mvs $152M+2.2%
Q3 2025Aug 7, 2025
$0.10vs $0.10-5.0%
$144Mvs $135M+6.7%
Q2 2025May 8, 2025
$0.12vs $0.11-12.6%
$123Mvs $121M+1.0%
Based on last 12 quarters of dataView full earnings history →

RKLB Peer Comparison

Rocket Lab USA, Inc. (RKLB) competitors in Space Systems and Launch — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
SPCE logoSPCEVirgin Galactic Holdings, Inc.Direct Competitor154.77M2.45-0.183.47%-176.16%-129.53%1.30
MNTS logoMNTSMomentus Inc.Direct Competitor2.87M4.74-0.12-31.56%-34.45%
ASTS logoASTSAST SpaceMobile, Inc.Direct Competitor18.69B63.87-47.6615.05%-482.16%-21.06%0.01
BA logoBAThe Boeing CompanyProduct Competitor176.88B224.3890.4834.49%2.46%289.7%9.97
LMT logoLMTLockheed Martin CorporationProduct Competitor117.31B509.0323.695.65%6.38%74.53%5.89%3.23
NOC logoNOCNorthrop Grumman CorporationProduct Competitor79.34B558.6019.212.24%10.8%28.05%4.17%1.18
RTX logoRTXRTX CorporationProduct Competitor232.8B172.8734.859.74%8.03%10.92%3.41%0.59
GD logoGDGeneral Dynamics CorporationProduct Competitor94.42B349.1622.5810.13%8.07%17.41%4.19%0.38

Compare RKLB vs Peers

Rocket Lab USA, Inc. (RKLB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SPCE

Most directly comparable listed peer for RKLB.

Scale Benchmark

vs SPIR

Larger-name benchmark to compare RKLB against a more recognizable public peer.

Peer Set

Compare Top 5

vs SPCE, MNTS, ASTS, BA

RKLB Income Statement

Rocket Lab USA, Inc. (RKLB) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Sales/Revenue48.4M35.16M62.24M211M244.59M436.21M601.8M
Revenue Growth %--27.35%77.01%239.02%15.92%78.34%37.96%
Cost of Goods Sold49.48M46.98M64.13M192.01M193.18M320.06M394.62M
COGS % of Revenue102.22%133.61%103.04%91%78.98%73.37%65.57%
Gross Profit
-1.08M▲ 0%
-11.82M▼ 998.2%
-1.89M▲ 84.0%
18.99M▲ 1103.2%
51.41M▲ 170.7%
116.15M▲ 125.9%
207.18M▲ 78.4%
Gross Margin %-2.22%-33.61%-3.04%9%21.02%26.63%34.43%
Gross Profit Growth %--998.23%83.98%1103.17%170.72%125.93%78.38%
Operating Expenses31.72M43.13M100.16M154.19M229.33M305.95M436.02M
OpEx % of Revenue65.54%122.68%160.93%73.08%93.76%70.14%72.45%
Selling, General & Admin19.09M23.99M58.4M89.03M110.27M131.56M165.3M
SG&A % of Revenue39.44%68.24%93.83%42.19%45.08%30.16%27.47%
Research & Development12.73M19.14M41.77M65.17M119.05M174.39M270.72M
R&D % of Revenue26.3%54.44%67.11%30.89%48.67%39.98%44.98%
Other Operating Expenses-95K000000
Operating Income
-32.89M▲ 0%
-54.95M▼ 67.1%
-102.05M▼ 85.7%
-135.2M▼ 32.5%
-177.92M▼ 31.6%
-189.8M▼ 6.7%
-228.84M▼ 20.6%
Operating Margin %-67.96%-156.29%-163.97%-64.08%-72.74%-43.51%-38.03%
Operating Income Growth %--67.06%-85.71%-32.48%-31.59%-6.68%-20.57%
EBITDA-28.02M-45.61M-91.2M-105.26M-148.17M-156.15M-184.9M
EBITDA Margin %-57.9%-129.73%-146.54%-49.89%-60.58%-35.8%-30.73%
EBITDA Growth %--62.78%-99.95%-15.41%-40.77%-5.38%-18.42%
D&A (Non-Cash Add-back)4.87M9.34M10.85M29.95M29.74M33.66M43.94M
EBIT-32.89M-54.95M-102.05M-125.15M-174.67M-185.46M-199.41M
Net Interest Income2.79M224K-6.13M-7.8M-4.25M-3.95M-977K
Interest Income2.79M224K000025.51M
Interest Expense006.13M7.8M4.25M3.95M26.49M
Other Income/Expense2.89M414K-22.79M2.26M-1M390K2.94M
Pretax Income
-30.01M▲ 0%
-54.54M▼ 81.8%
-124.84M▼ 128.9%
-132.95M▼ 6.5%
-178.92M▼ 34.6%
-189.41M▼ 5.9%
-225.9M▼ 19.3%
Pretax Margin %-62%-155.11%-200.59%-63.01%-73.15%-43.42%-37.54%
Income Tax354K467K-7.52M3M3.65M764K-27.69M
Effective Tax Rate %-1.18%-0.86%6.02%-2.26%-2.04%-0.4%12.26%
Net Income
-30.36M▲ 0%
-55.01M▼ 81.2%
-117.32M▼ 113.3%
-135.94M▼ 15.9%
-182.57M▼ 34.3%
-190.18M▼ 4.2%
-198.21M▼ 4.2%
Net Margin %-62.73%-156.44%-188.51%-64.43%-74.64%-43.6%-32.94%
Net Income Growth %--81.18%-113.29%-15.87%-34.3%-4.17%-4.22%
Net Income (Continuing)-30.36M-55.01M-117.32M-135.94M-182.57M-190.18M-198.21M
Discontinued Operations0000000
Minority Interest0000000
EPS (Diluted)
-0.08▲ 0%
-0.12▼ 58.3%
-0.26▼ 116.7%
-0.29▼ 11.5%
-0.38▼ 31.0%
-0.38▲ 0.0%
-0.37▲ 2.6%
EPS Growth %--58.31%-116.67%-11.54%-31.03%0%2.63%
EPS (Basic)-0.08-0.12-0.26-0.29-0.38-0.38-0.37
Diluted Shares Outstanding400.83M447.92M452.21M466.21M481.77M495.93M530.66M
Basic Shares Outstanding400.83M447.92M452.21M466.21M481.77M495.93M530.66M
Dividend Payout Ratio-------

RKLB Balance Sheet

Rocket Lab USA, Inc. (RKLB) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Current Assets124.63M93.11M774.76M662.29M476.72M692.62M1.37B
Cash & Short-Term Investments95.88M52.79M690.96M471.79M244.77M418.99M1.02B
Cash Only95.88M52.79M690.96M242.51M162.52M271.04M828.66M
Short-Term Investments000229.28M82.25M147.95M187.92M
Accounts Receivable8.25M10.64M19.01M47.47M61.8M111.53M122.99M
Days Sales Outstanding62.21110.51111.4982.1192.2293.3274.59
Inventory14.16M26.14M47.9M92.28M107.86M119.07M158.41M
Days Inventory Outstanding104.44203.06272.65175.42203.78135.79146.52
Other Current Assets6.35M914K2.1M7.63M14.26M4.99M9.84M
Total Non-Current Assets70.56M94.75M206.08M326.83M464.49M491.72M958.93M
Property, Plant & Equipment65.72M76.73M93.76M152.37M219.8M262.9M423.74M
Fixed Asset Turnover0.74x0.46x0.66x1.38x1.11x1.66x1.42x
Goodwill03.13M43.31M71.02M71.02M71.02M205.75M
Intangible Assets1.33M11.35M57.49M79.69M68.09M58.64M224.75M
Long-Term Investments0009.19M79.25M60.69M82.25M
Other Non-Current Assets3.5M1.14M5.67M10.66M22.83M35.47M20.56M
Total Assets
195.19M▲ 0%
187.87M▼ 3.7%
980.85M▲ 422.1%
989.12M▲ 0.8%
941.21M▼ 4.8%
1.18B▲ 25.8%
2.32B▲ 96.3%
Asset Turnover0.25x0.19x0.06x0.21x0.26x0.37x0.26x
Asset Growth %--3.75%422.09%0.84%-4.84%25.83%96.27%
Total Current Liabilities31.94M48.42M96.31M162.94M223.37M339.52M334.48M
Accounts Payable6.46M3.37M3.49M12.08M29.3M53.06M72.7M
Days Payables Outstanding47.6626.1719.8622.9755.3760.5167.24
Short-Term Debt002.83M2.91M17.76M12.04M0
Deferred Revenue (Current)026.13M59.75M108.34M139.34M216.16M195.44M
Other Current Liabilities25.48M7.77M11M22.25M15.04M17.95M21.24M
Current Ratio3.90x1.92x8.04x4.06x2.13x2.04x4.08x
Quick Ratio3.46x1.38x7.55x3.50x1.65x1.69x3.61x
Cash Conversion Cycle118.99287.4364.28234.56240.64168.61153.87
Total Non-Current Liabilities26.03M306.16M186.09M152.98M163.29M462.36M268.15M
Long-Term Debt26.02M097.3M100.04M87.59M389.44M154.11M
Capital Lease Obligations027.3M28.3M49.83M71.34M66.94M99.84M
Deferred Tax Liabilities00466K95K426K891K1.24M
Other Non-Current Liabilities1K278.86M60.03M3M3.94M5.1M12.95M
Total Liabilities57.97M354.58M282.4M315.92M386.67M801.89M602.62M
Total Debt26.02M27.3M128.43M152.78M176.69M468.42M253.96M
Net Debt-69.85M-25.49M-562.53M-89.73M14.17M197.38M-574.71M
Debt / Equity0.19x-0.18x0.23x0.32x1.22x0.15x
Debt / EBITDA-------
Net Debt / EBITDA-------
Interest Coverage---16.65x-16.05x-41.12x-46.90x-7.53x
Total Equity
137.22M▲ 0%
-166.71M▼ 221.5%
698.45M▲ 519.0%
673.21M▼ 3.6%
554.54M▼ 17.6%
382.45M▼ 31.0%
1.72B▲ 350.2%
Equity Growth %--221.49%518.96%-3.61%-17.63%-31.03%350.21%
Book Value per Share0.34-0.371.541.441.150.773.24
Total Shareholders' Equity137.22M-166.71M698.45M673.21M554.54M382.45M1.72B
Common Stock08K45K48K49K50K54K
Retained Earnings-132.69M-187.69M-305.01M-440.95M-623.53M-813.7M-1.01B
Treasury Stock0000000
Accumulated OCI-79K1.05M1.31M1.14M1.54M-2.81M-1.96M
Minority Interest0000000

RKLB Cash Flow Statement

Rocket Lab USA, Inc. (RKLB) cash flow — operating, investing & free cash flow history

Line itemDec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations-21.61M-27.76M-71.79M-106.54M-98.87M-48.89M-165.52M
Operating CF Margin %-44.64%-78.94%-115.35%-50.49%-40.42%-11.21%-27.5%
Operating CF Growth %--28.47%-158.64%-48.4%7.2%50.55%-238.56%
Net Income-30.36M-55.01M-117.32M-135.94M-182.57M-190.18M-198.21M
Depreciation & Amortization4.87M9.34M10.85M29.95M29.74M33.66M43.94M
Stock-Based Compensation3.93M4.22M32.56M55.65M53.46M56.82M71.1M
Deferred Taxes4.78M-713K-9.98M-576K708K599K-30.67M
Other Non-Cash Items797K5.62M19.5M-7.93M7.08M4.42M7.1M
Working Capital Changes-5.62M8.78M-7.4M-47.69M-7.29M45.79M-58.78M
Change in Receivables1.73M4.5M-5.97M-9.43M-2.05M-51.59M2.96M
Change in Inventory-10.43M-11.26M-12.07M-25.96M-15.56M-12.4M-39.88M
Change in Payables0-1.6M-4.52M-2.13M15.59M24.8M10.22M
Cash from Investing-24.32M-37.33M-92.13M-346.08M12.02M-98.33M-347.4M
Capital Expenditures-24.32M-25.12M-25.7M-42.41M-54.71M-67.09M-156.28M
CapEx % of Revenue50.24%71.45%41.29%20.1%22.37%15.38%25.97%
Acquisitions0-12.21M-66.44M-65.82M-18.97M12.54M-132.44M
Investments-------
Other Investing00003.66M2.9M2.64M
Cash from Financing-83K21.48M799.94M2.04M7.37M256.68M1.07B
Debt Issued (Net)0098.89M-271K2.09M302.95M-61.75M
Equity Issued (Net)020.5M-30.36M0001.25B
Dividends Paid0000000
Share Repurchases00-30.36M0000
Other Financing-83K978K731.4M2.31M5.28M-46.27M-113.49M
Net Change in Cash
-45.7M▲ 0%
-43.76M▲ 4.2%
638.14M▲ 1558.2%
-446.2M▼ 169.9%
-79.44M▲ 82.2%
108.87M▲ 237.0%
558.24M▲ 412.8%
Free Cash Flow
-45.92M▲ 0%
-52.88M▼ 15.1%
-97.49M▼ 84.4%
-148.95M▼ 52.8%
-153.57M▼ 3.1%
-115.98M▲ 24.5%
-321.81M▼ 177.5%
FCF Margin %-94.88%-150.39%-156.64%-70.59%-62.79%-26.59%-53.47%
FCF Growth %--15.15%-84.37%-52.78%-3.1%24.48%-177.46%
FCF per Share-0.11-0.12-0.22-0.32-0.32-0.23-0.61
FCF Conversion (FCF/Net Income)0.71x0.50x0.61x0.78x0.54x0.26x0.84x
Interest Paid003.99M10.75M15.55M16.29M0
Taxes Paid001.84M2.67M769K269K0

RKLB Key Ratios

Rocket Lab USA, Inc. (RKLB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2019202020212022202320242025
Return on Equity (ROE)-22.13%--44.13%-19.82%-29.74%-40.59%-18.84%
Return on Invested Capital (ROIC)-36.62%--56.31%-28.19%-23.16%-24.79%-19.88%
Gross Margin-2.22%-33.61%-3.04%9%21.02%26.63%34.43%
Net Margin-62.73%-156.44%-188.51%-64.43%-74.64%-43.6%-32.94%
Debt / Equity0.19x-0.18x0.23x0.32x1.22x0.15x
Interest Coverage---16.65x-16.05x-41.12x-46.90x-7.53x
FCF Conversion0.71x0.50x0.61x0.78x0.54x0.26x0.84x
Revenue Growth--27.35%77.01%239.02%15.92%78.34%37.96%

RKLB SEC Filings & Documents

Rocket Lab USA, Inc. (RKLB) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 14, 2026·SEC

Material company update

Mar 30, 2026·SEC

Material company update

Mar 17, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 27, 2025·SEC

10-Q Quarterly Reports

5
FY 2025

Nov 10, 2025·SEC

FY 2025

Aug 7, 2025·SEC

FY 2025

May 8, 2025·SEC

RKLB Frequently Asked Questions

Rocket Lab USA, Inc. (RKLB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Rocket Lab USA, Inc. (RKLB) reported $601.8M in revenue for fiscal year 2025. This represents a 1143% increase from $48.4M in 2019.

Rocket Lab USA, Inc. (RKLB) grew revenue by 38.0% over the past year. This is strong growth.

Rocket Lab USA, Inc. (RKLB) reported a net loss of $198.2M for fiscal year 2025.

Dividend & Returns

Rocket Lab USA, Inc. (RKLB) has a return on equity (ROE) of -18.8%. Negative ROE indicates the company is unprofitable.

Rocket Lab USA, Inc. (RKLB) had negative free cash flow of $321.8M in fiscal year 2025, likely due to heavy capital investments.

Explore More RKLB

Rocket Lab USA, Inc. (RKLB) financial analysis — history, returns, DCA and operating performance tools

Full RKLB Stock Analysis

Analyst verdict, bull/bear case, risk factors and peer comparison

→

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screener
  • Themes
  • Market Valuation
  • Valuation
  • Compare
  • Total Return
  • DCA Calculator
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Follow @VCPScanner on X

Get weekly stock ideas — free

© 2026 VCP Scanner. All rights reserved.
About·Privacy Policy·Terms of Service
Not financial advice. Do your own research.