Rocket Lab revenue and financials
$75.06Change from previous close: +2.79%Absolute change: +$2.04
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -84.1 | -50.3 | -64.5 | -23.5 | -23.2 | -54.2 | -2.4 | -30.9 | -13.0 | -2.6 | -42.2 | -25.2 |
| Depreciation and amortization | 20.9 | 15.0 | 14.7 | 11.7 | 8.8 | 8.7 | 9.1 | 8.1 | 8.1 | 8.3 | 8.2 | 7.8 |
| Capital expenditure | -26.0 | -27.1 | -49.7 | -45.9 | -32.0 | -28.7 | -21.6 | -11.0 | -15.3 | -19.2 | -10.4 | -21.0 |
| Investing cash flow | -48.9 | -35.7 | -104 | -207 | -7.4 | -28.6 | -17.9 | -17.3 | -10.8 | -52.3 | 61.2 | -32.0 |
| Financing cash flow | 1,060 | 463 | 190 | 476 | 291 | 116 | 0.2 | -0.4 | -1.8 | 259 | 2.5 | 0.9 |
| Share repurchases | -111 | -39.8 | -47.8 | -25.3 | -23.8 | -16.6 | -20.2 | -5.7 | -4.3 | -5.2 | -3.4 | -5.4 |
| Debt issued | 0.0 | 0.0 | 0.0 | 1.7 | 0.0 | 25.0 | — | — | — | 355 | 110 | — |
| Debt repaid | -0.1 | -0.1 | -72.9 | -4.0 | -8.4 | -3.0 | -2.9 | -2.8 | -3.0 | -43.3 | -108 | -0.1 |
| Effect of exchange rates | -0.3 | 0.2 | -0.0 | -1.2 | 0.9 | 0.3 | -1.4 | 0.9 | 0.4 | -0.5 | 0.5 | 0.0 |
| Net change in cash | 927 | 377 | 20.8 | 244 | 261 | 32.9 | -21.5 | -47.8 | -25.2 | 203 | 21.9 | -56.3 |
| Free cash flow | -110 | -77.4 | -114 | -69.4 | -55.3 | -82.9 | -23.9 | -41.9 | -28.3 | -21.8 | -52.6 | -46.2 |
| Levered free cash flow | -72.5 | -1.7 | -144 | -39.1 | -35.6 | -57.4 | 1.1 | -17.6 | -8.4 | -4.3 | -35.0 | -25.3 |