Rocket Lab Corporation financials
Source: EDGAR filings · Built 2026-06-02T03:56:43Z
Custom taxonomy namespace:
ffd
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -322.07M | -116.31M | -153.91M | -149.22M | -97.49M | -52.88M |
| EBITDA | -184.90M | -156.15M | -148.17M | -105.26M | -91.20M | -45.61M |
| Working Capital | 1.03B | 353.10M | 253.35M | 499.35M | 678.46M | 44.70M |
| Net Debt | -565.29M | 147.72M | 19.77M | -86.01M | -560.15M | -25.49M |
| Gross Margin | 34.43% | 26.63% | 21.02% | 9.00% | -3.04% | -33.61% |
| Operating Margin | -38.03% | -43.51% | -72.74% | -64.08% | -163.97% | -156.29% |
| Net Margin | -32.94% | -43.60% | -74.64% | -64.43% | -188.51% | -156.44% |
| Return on Equity (ROE) | -11.51% | -49.73% | -32.92% | -20.19% | -16.80% | 32.99% |
| Return on Assets (ROA) | -8.53% | -16.06% | -19.40% | -13.74% | -11.96% | -29.28% |
| Current Ratio | 4.08× | 2.04× | 2.13× | 4.06× | 8.04× | 1.92× |
| Debt-to-Equity | 0.15× | 1.09× | 0.33× | 0.23× | 0.19× | -0.16× |
| Effective Tax Rate | 12.26% | -0.40% | -2.04% | -2.26% | 6.02% | -0.86% |
| Cash Conversion Ratio | 0.84× | 0.26× | 0.54× | 0.78× | 0.61× | 0.50× |
| Accruals Ratio | -0.01× | -0.12× | -0.09× | -0.03× | -0.05× | -0.14× |
| SBC % of Revenue | 11.81% | 13.02% | 21.86% | 26.37% | 52.31% | 12.00% |
| CapEx Coverage | -1.06× | -0.73× | -1.80× | -2.50× | -2.79× | -1.10× |
| Free Cash Flow Per Share | $-0.61 | $-0.23 | $-0.32 | $-0.32 | $-0.46 | $-0.70 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 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 Expense | 270.72M | 174.39M | 119.05M | 65.17M | 41.77M | 19.14M |
| Selling, General and Administrative Expense | 165.30M | 131.56M | 110.27M | 89.03M | 58.40M | 23.99M |
| Operating Expenses | 436.02M | 305.95M | 229.33M | 154.19M | 100.16M | 43.13M |
| Operating Income (Loss) | -228.84M | -189.80M | -177.92M | -135.20M | -102.05M | -54.95M |
| Income Tax Expense (Benefit) | -27.69M | 764.00K | 3.65M | 3.00M | -7.52M | 467.00K |
| Net Income (Loss) Attributable to Parent | -198.21M | -190.18M | -182.57M | -135.94M | -117.32M | -55.01M |
| Earnings Per Share, Basic | $-0.37 | $-0.38 | $-0.38 | $-0.29 | $-0.56 | $-0.73 |
| Weighted Average Number of Shares Outstanding, Basic | 530.66M | 495.93M | 481.77M | 466.21M | 209.90M | 75.41M |
| Earnings Per Share, Diluted | $-0.37 | $-0.38 | $-0.38 | $-0.29 | $-0.56 | $-0.73 |
| Weighted Average Number of Shares Outstanding, Diluted | 530.66M | 495.93M | 481.77M | 466.21M | 209.90M | 75.41M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 828.66M | 271.04M | 162.52M | 242.51M | 690.96M | 52.79M |
| Assets, Current | 1.37B | 692.62M | 476.72M | 662.29M | 774.76M | 93.11M |
| Assets | 2.32B | 1.18B | 941.21M | 989.12M | 980.85M | 187.87M |
| Long-term Debt | 152.40M | 345.39M | 0 | — | — | — |
| Liabilities, Current | 334.48M | 339.52M | 223.37M | 162.94M | 96.31M | 48.42M |
| Long-term Debt, Excluding Current Maturities | 1.72M | 44.05M | 87.59M | 100.04M | 97.30M | 0 |
| Liabilities | 602.62M | 801.89M | 386.67M | 315.92M | 282.40M | 79.62M |
| Stockholders' Equity Attributable to Parent | 1.72B | 382.45M | 554.54M | 673.21M | 698.45M | -166.71M |
| Common Stock, Shares, Outstanding | 543.57M | 504.45M | 488.92M | 475.36M | 450.18M | 78.41M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -165.52M | -48.89M | -98.87M | -106.54M | -71.79M | -27.76M |
| Payments to Acquire Property, Plant, and Equipment | 156.28M | 67.09M | 54.71M | 42.41M | 25.70M | 25.12M |
| Net Cash Provided by (Used in) Investing Activities | -347.40M | -98.33M | 12.02M | -346.08M | -92.13M | -37.33M |
| Net Cash Provided by (Used in) Financing Activities | 1.07B | 256.68M | 7.37M | 2.04M | 799.94M | 21.48M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -77.47M | -114.26M | -207.82M | -138.31M | -82.96M | -24.00M |
| EBITDA | -40.98M | -36.30M | — | — | -50.48M | -42.41M |
| Working Capital | 1.40B | 1.03B | 901.97M | 629.63M | 376.73M | 353.10M |
| Net Debt | -1.07B | -565.29M | -359.61M | -136.17M | 108.32M | 147.72M |
| Gross Margin | 38.18% | 37.98% | 36.96% | 32.10% | 28.76% | 27.81% |
| Operating Margin | -27.94% | -28.41% | -38.02% | -41.27% | -48.29% | -38.94% |
| Net Margin | -22.47% | -29.46% | -11.77% | -45.96% | -49.45% | -39.54% |
| Return on Equity (ROE) | -1.99% | -3.07% | -1.43% | -9.65% | -14.05% | -13.69% |
| Return on Assets (ROA) | -1.60% | -2.28% | -0.82% | -4.28% | -4.83% | -4.42% |
| Current Ratio | 4.47× | 4.08× | 3.18× | 2.67× | 2.08× | 2.04× |
| Debt-to-Equity | 0.06× | 0.15× | 0.35× | 0.62× | 0.95× | 1.09× |
| Effective Tax Rate | 3.83% | -27.08% | 69.24% | -4.63% | 1.32% | -1.31% |
| Cash Conversion Ratio | 1.12× | 1.22× | 5.53× | 1.17× | 0.89× | 0.05× |
| Accruals Ratio | 0.00× | 0.01× | 0.04× | 0.01× | -0.01× | -0.04× |
| SBC % of Revenue | 14.03% | 10.13% | 34.11% | 25.72% | 15.69% | 12.74% |
| CapEx Coverage | -1.85× | -1.30× | -0.95× | -1.27× | -1.89× | -0.11× |
| Free Cash Flow Per Share | $-0.13 | $-0.22 | $-0.39 | $-0.27 | $-0.16 | $-0.05 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 200.35M | 179.65M | 155.08M | 144.50M | 122.57M | 132.39M |
| Cost of Revenue | 123.86M | 111.42M | 97.77M | 98.11M | 87.32M | 95.57M |
| Gross Profit | 76.49M | 68.23M | 57.31M | 46.39M | 35.25M | 36.82M |
| Research and Development Expense | 80.51M | 78.78M | 70.69M | 66.13M | 55.11M | 48.26M |
| Selling, General and Administrative Expense | 51.95M | 40.49M | 45.59M | 39.89M | 39.33M | 40.11M |
| Operating Expenses | 132.46M | 119.27M | 116.28M | 106.03M | 94.44M | 88.37M |
| Operating Income (Loss) | -55.97M | -51.04M | -58.97M | -59.64M | -59.19M | -51.55M |
| Income Tax Expense (Benefit) | -1.79M | 11.28M | -41.09M | 2.94M | -813.00K | 675.00K |
| Net Income (Loss) Attributable to Parent | -45.02M | -52.92M | -18.26M | -66.41M | -60.62M | -52.34M |
| Earnings Per Share, Basic | $-0.07 | $-0.09 | $-0.03 | $-0.13 | $-0.12 | $-0.10 |
| Weighted Average Number of Shares Outstanding, Basic | 605.43M | 530.66M | 528.73M | 515.09M | 505.61M | 495.93M |
| Earnings Per Share, Diluted | $-0.07 | $-0.09 | $-0.03 | $-0.13 | $-0.12 | $-0.10 |
| Weighted Average Number of Shares Outstanding, Diluted | 605.43M | 530.66M | 528.73M | 515.09M | 505.61M | 495.93M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 1.21B | 828.66M | 807.88M | 564.08M | 303.15M | 271.04M |
| Assets, Current | 1.80B | 1.37B | 1.32B | 1.01B | 724.85M | 692.62M |
| Assets | 2.82B | 2.32B | 2.22B | 1.55B | 1.25B | 1.18B |
| Long-term Debt | 36.87M | 152.40M | 347.01M | 346.47M | 345.93M | 345.39M |
| Liabilities, Current | 402.35M | 334.48M | 414.46M | 376.45M | 348.12M | 339.52M |
| Long-term Debt, Excluding Current Maturities | 1.72M | 1.72M | 51.27M | 53.72M | 57.73M | 44.05M |
| Liabilities | 555.57M | 602.62M | 940.41M | 864.75M | 823.68M | 801.89M |
| Stockholders' Equity Attributable to Parent | 2.26B | 1.72B | 1.28B | 688.49M | 431.29M | 382.45M |
| Common Stock, Shares, Outstanding | 575.77M | 543.57M | 496.22M | 479.33M | 460.54M | 504.45M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -50.33M | -64.53M | -100.99M | -77.47M | -54.23M | -2.39M |
| Payments to Acquire Property, Plant, and Equipment | 27.07M | 49.65M | 106.63M | 60.72M | 28.68M | 21.55M |
| Net Cash Provided by (Used in) Investing Activities | -35.72M | -104.15M | -243.25M | -36.02M | -28.60M | -17.93M |
| Net Cash Provided by (Used in) Financing Activities | 463.29M | 189.54M | 881.73M | 406.05M | 115.50M | 183.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (RKLB CIK 0001819994),
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For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.