Rocket Lab revenue and financials
$74.76Change from previous close: +2.38%Absolute change: +$1.74
In the fiscal year ended December 2025, Rocket Lab reported revenue of $601.8M (+37.96% year over year). The net loss was $198.21M.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +37.96%
- 2025 vs 2024
- Net margin
- -32.9%
- 2024: -43.6%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | -166 | -48.9 | -98.9 | -107 | -71.8 | -27.8 |
| Depreciation and amortization | 43.9 | 33.7 | 29.7 | 29.9 | 10.9 | 9.3 |
| Capital expenditure | -156 | -67.1 | -54.7 | -42.4 | -25.7 | -25.1 |
| Investing cash flow | -347 | -98.3 | 12.0 | -346 | -92.1 | — |
| Financing cash flow | 1,071 | 257 | 7.4 | 2.0 | 800 | — |
| Share repurchases | -113 | -35.3 | -15.7 | -31.6 | -30.4 | — |
| Debt issued | 26.7 | 355 | 110 | 0.0 | — | — |
| Debt repaid | -88.2 | -52.1 | -108 | -0.3 | — | — |
| Effect of exchange rates | -0.1 | -0.6 | 0.0 | 4.4 | 2.1 | — |
| Net change in cash | 558 | 109 | -79.4 | -446 | 638 | — |
| Free cash flow | -322 | -116 | -154 | -149 | -97.5 | — |
| Levered free cash flow | -271 | -29.2 | -88.5 | -84.6 | -47.5 | — |