RKLB on Nasdaq
Rocket Lab Corporation
Logo: Rocket Lab, Public domain, via Wikimedia Commons3
Holding company of Rocket Lab.1
Price unavailable
Last updated Oct 18, 2026.
Overview
May 23, 2025Founded1
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
34.4%Gross margin5
-38.0%Operating margin5
-32.9%Net margin5
38.0%Revenue growth, 20255
-11.5%Return on equity5
0.00×Debt to equity5
-$321.8MFree cash flow5
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Space Systems brought in 67% of the revenue Rocket Lab Corporation broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Space Systems | $172.7M | $310.8M | $402.8M |
| Launch Services | $71.9M | $125.4M | $199.0M |
Business segments
Space Systems brought in 67% of the revenue Rocket Lab Corporation broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Space Systems | $172.7M | $310.8M | $402.8M |
| Launch Services | $71.9M | $125.4M | $199.0M |
Regions
United States brought in 79% of the revenue Rocket Lab Corporation broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $184.7M | $268.3M | $475.4M |
| Japan | $10.5M | $30.7M | $65.6M |
| Rest Of World | $13.3M | $32.8M | $40.6M |
| Canada | $36.1M | $104.4M | $20.2M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue46¢$394.6M
- Research and development32¢$270.7M
- Selling, general and admin19¢$165.3M
- Income tax3¢$27.7M
Out of $601.8M in revenue.5 The company lost money this year.
Financial statements
Every line of the income statement in the latest annual report, as filed.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total revenues | $601.8M | $436.2M | $244.6M |
| Total cost of revenues | $394.6M | $320.1M | $193.2M |
| Gross profit | $207.2M | $116.1M | $51.4M |
| Research and development, net | $270.7M | $174.4M | $119.1M |
| Selling, general and administrative | $165.3M | $131.6M | $110.3M |
| Total operating expenses | $436.0M | $305.9M | $229.3M |
| Operating loss | -$228.8M | -$189.8M | -$177.9M |
| Interest expense | -$26.5M | -$26.2M | -$17.5M |
| Interest income | $25.5M | $22.2M | $13.3M |
| Loss on foreign exchange | -$463.0K | -$87.0K | -$470.0K |
| Other income, net | $4.4M | $4.4M | $3.7M |
| Total other income (expense), net | $2.9M | $390.0K | -$1.0M |
| Loss before income taxes | -$225.9M | -$189.4M | -$178.9M |
| Benefit (provision) for income taxes | $27.7M | -$764.0K | -$3.6M |
| Net loss | -$198.2M | -$190.2M | -$182.6M |
| Foreign currency translation gain (loss) | $624.0K | -$4.8M | -$93.0K |
| Unrealized gain on available-for-sale marketable securities | $217.0K | $455.0K | $494.0K |
| Comprehensive loss | -$197.4M | -$194.5M | -$182.2M |
| Basic (in dollars per share) | -$0.37 | -$0.38 | -$0.38 |
| Diluted (in dollars per share) | -$0.37 | -$0.38 | -$0.38 |
| Basic (in shares) | 530.7M shares | 495.9M shares | 481.8M shares |
| Diluted (in shares) | 530.7M shares | 495.9M shares | 481.8M shares |
Every line of the balance sheet in the latest annual report, as filed.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $828.7M | $271.0M | |
| Marketable securities, current | $187.9M | $147.9M | |
| Accounts receivable, net | $39.0M | $36.4M | |
| Contract assets | $61.6M | $63.1M | |
| Inventories | $158.4M | $119.1M | |
| Prepaids and other current assets | $90.0M | $55.0M | |
| Total current assets | $1.4B | $692.6M | |
| Property, plant and equipment, net | $319.5M | $194.8M | |
| Intangible assets, net | $224.7M | $58.6M | |
| Goodwill | $205.8M | $71.0M | |
| Right-of-use assets - operating leases | $90.4M | $53.7M | |
| Right-of-use assets - finance leases | $13.9M | $14.4M | |
| Marketable securities, non-current | $82.2M | $60.7M | |
| Restricted cash | $4.9M | $4.3M | |
| Deferred income tax assets, net | $1.9M | $3.0M | |
| Other non-current assets | $15.7M | $31.2M | |
| Total assets | $2.3B | $1.2B | |
| Trade payables | $72.7M | $53.1M | |
| Accrued expenses | $19.3M | $19.5M | |
| Employee benefits payable | $25.8M | $20.8M | |
| Contract liabilities | $195.4M | $216.2M | |
| Current installments of long-term borrowings | $0 | $12.0M | |
| Other current liabilities | $21.2M | $18.0M | |
| Total current liabilities | $334.5M | $339.5M | |
| Convertible senior notes, net | $152.4M | $345.4M | |
| Long-term borrowings, net, excluding current installments | $1.7M | $44.0M | |
| Non-current operating lease liabilities | $85.2M | $52.0M | |
| Non-current finance lease liabilities | $14.7M | $15.0M | |
| Deferred tax liabilities | $1.2M | $891.0K | |
| Other non-current liabilities | $13.0M | $5.1M | |
| Total liabilities | $602.6M | $801.9M | |
| Preferred stock, $0.0001 par value; authorized shares: 100,000,000; issued and outstanding shares: 45,951,250 and 0 at December 31, 2025 and December 31, 2024, respectively | $5.0K | $0 | |
| Common stock, $0.0001 par value; authorized shares: 2,500,000,000; issued shares: 589,525,802 and 504,453,785 at December 31, 2025 and December 31, 2024, respectively; outstanding shares 543,574,552 and 504,453,785 at December 31, 2025 and December 31, 2024, respectively | $54.0K | $50.0K | |
| Treasury stock, at cost; shares: 45,951,250 and 0 at December 31, 2025 and December 31, 2024, respectively | $0 | $0 | |
| Additional paid-in capital | $2.7B | $1.2B | |
| Accumulated deficit | -$1.0B | -$813.7M | |
| Accumulated other comprehensive loss | -$2.0M | -$2.8M | |
| Total stockholders equity | $1.7B | $382.5M | $554.5M |
| Total liabilities and stockholders equity | $2.3B | $1.2B | |
| Preferred shares, par value (in dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in shares) | 100.0M shares | 100.0M shares | |
| Preferred stock, shares issued (in shares) | 46.0M shares | 0 shares | |
| Preferred stock, outstanding shares (in shares) | 46.0M shares | 0 shares | |
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Common stock, share authorized (in shares) | 2.5B shares | 2.5B shares | |
| Common stock, share issued (in shares) | 589.5M shares | 504.5M shares | |
| Common stock, share outstanding (in shares) | 543.6M shares | 504.5M shares | |
| Treasury stock (in shares) | 46.0M shares | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -$198.2M | -$190.2M | -$182.6M |
| Depreciation and amortization | $43.9M | $33.7M | $29.7M |
| Stock-based compensation expense | $71.1M | $56.8M | $53.5M |
| Loss (gain) on disposal of assets | $2.6M | -$2.8M | -$111.0K |
| Loss on extinguishment of long-term debt | $5.9M | $1.3M | $1.7M |
| Amortization of debt issuance costs and discount | $3.1M | $3.1M | $2.9M |
| Noncash lease expense | $8.3M | $6.0M | $5.8M |
| Change in the fair value of contingent consideration | -$10.6M | -$218.0K | $1.3M |
| Accretion of marketable securities purchased at a discount | -$2.2M | -$2.9M | -$4.6M |
| Deferred income taxes | -$30.7M | $599.0K | $708.0K |
| Accounts receivable, net | $667.0K | -$1.4M | $1.5M |
| Contract assets | $2.3M | -$50.2M | -$3.5M |
| Inventories | -$39.9M | -$12.4M | -$15.6M |
| Prepaids and other current assets | -$15.5M | $7.6M | -$14.6M |
| Other non-current assets | $15.8M | -$12.9M | -$11.5M |
| Trade payables | $10.2M | $24.8M | $15.6M |
| Accrued expenses | -$1.9M | $9.1M | -$3.3M |
| Employee benefits payable | $1.5M | $5.3M | $5.5M |
| Contract liabilities | -$21.6M | $76.9M | $31.0M |
| Other current liabilities | $849.0K | $3.2M | -$7.6M |
| Non-current lease liabilities | -$11.5M | -$6.4M | -$5.1M |
| Other non-current liabilities | $223.0K | $2.2M | $227.0K |
| Net cash used in operating activities | -$165.5M | -$48.9M | -$98.9M |
| Purchases of property, equipment and software | -$156.3M | -$67.1M | -$54.7M |
| Proceeds on disposal of assets, net | $397.0K | $12.5M | $3.7M |
| Cash paid for business combinations and asset acquisitions, net of acquired cash | -$132.4M | $0 | -$19.0M |
| Purchases of marketable securities | -$275.3M | -$162.2M | -$207.3M |
| Maturities of marketable securities | $212.9M | $116.2M | $269.2M |
| Sale of marketable securities | $3.4M | $2.1M | $20.1M |
| Net cash (used in) provided by investing activities | -$347.4M | -$98.3M | $12.0M |
| Proceeds from ATM Equity Offerings | $1.1B | $0 | $0 |
| Issuance costs related to ATM Equity Offerings | -$26.5M | $0 | $0 |
| Proceeds from the exercise of stock options | $2.6M | $3.5M | $2.4M |
| Proceeds from Employee Stock Purchase Plan | $11.0M | $5.7M | $5.0M |
| Proceeds from sale of employees restricted stock units to cover taxes | $113.3M | $35.3M | $16.0M |
| Minimum tax withholding paid on behalf of employees for restricted stock units | -$113.5M | -$35.3M | -$15.7M |
| Payment of contingent consideration | $0 | $0 | -$1.0M |
| Finance lease principal payments | -$268.0K | -$329.0K | -$336.0K |
| Purchase of capped calls related to issuance of convertible senior notes | $0 | -$43.2M | $0 |
| Proceeds from issuance of convertible senior notes | $0 | $355.0M | $0 |
| Proceeds from secured term loan | $26.7M | $0 | $110.0M |
| Repayments on secured term loans | -$87.9M | -$51.7M | -$107.6M |
| Payment of debt issuance costs | -$278.0K | -$12.2M | -$1.4M |
| Net cash provided by financing activities | $1.1B | $256.7M | $7.4M |
| Effect of exchange rate changes on cash and cash equivalents | -$110.0K | -$597.0K | $43.0K |
| Net increase (decrease) in cash and cash equivalents and restricted cash | $558.2M | $108.9M | -$79.4M |
| Cash paid for interest | $24.5M | $16.3M | $15.6M |
| Cash paid for income taxes | $854.0K | $269.0K | $769.0K |
| Unpaid purchases of property, equipment and software | $18.5M | $8.3M | $2.8M |
| Right-of-use assets obtained in exchange for new operating lease liabilities | $39.3M | $2.9M | $30.4M |
| Early termination of right-of-use assets | $0 | $0 | $664.0K |
| Issuance of common stock for payment of accrued bonus | $1.8M | $1.8M | $0 |
| Issuance of common stock warrants in connection with Loan Agreement | $0 | $0 | $2.6M |
| Issuance of common stock in connection with acquisition, at fair value | $137.7M | $838.0K | $2.1M |
| Contingent consideration assumed at acquisition | $18.3M | $0 | $0 |
| Accrued issuance costs in connection with Loan Agreement | $0 | $0 | $641.0K |
| Accrued issuance costs in connection with ATM Equity Offerings | $214.0K | $0 | $0 |
| Convertible senior notes, net and accrued interest settled by issuance of common stock | $197.0M | $0 | $0 |
| Payable to seller in connection with business combination | $578.0K | $0 | $0 |
Leadership
Who has led Rocket Lab Corporation, and when. Pick a name to see everywhere that person has worked.
- Chief executive officerPeter Beck May 23, 2025 to now1
- ChairPeter Beck May 23, 2025 to now1
Subsidiaries and ownership
Subsidiaries
- Rocket Lab USA since May 23, 2025
From Wikidata.1
Acquisitions
- May 23, 2025Rocket Lab USA became a subsidiary1
Former names
Timeline
Recent filings
- Oct 14, 20268-K
- Oct 2, 20264 PRIMARY DOCUMENT
- Oct 1, 2026144
- Sep 15, 20268-K
- Sep 15, 2026425 8-K
- Sep 4, 20264 PRIMARY DOCUMENT
- Sep 2, 2026144
- Sep 2, 20264 PRIMARY DOCUMENT
- Aug 28, 20264 PRIMARY DOCUMENT
- Aug 28, 20264 PRIMARY DOCUMENT
- Aug 27, 2026144
- Aug 27, 2026144
- Aug 26, 2026424B3
- Aug 26, 20264 PRIMARY DOCUMENT
- Aug 26, 20264 PRIMARY DOCUMENT
Every filing from the last three years, summarized. The full record is on SEC EDGAR.2
Links
- LinkedInwww.linkedin.com/company/rocket-lab-corp1
- WikidataQ140994560
- SEC EDGARCIK 1819994
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3Wikimedia CommonsRocket Lab Corporation logo by Rocket Lab, Public domain
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11