Rocket Lab revenue and financials
$74.18Change from previous close: +1.59%Absolute change: +$1.16
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 234 | 200 | 180 | 155 | 144 | 123 | 132 | 105 | 106 | 92.8 | 60.0 | 67.7 |
| Cost of revenue | 149 | 124 | 111 | 97.8 | 98.1 | 87.3 | 95.6 | 76.8 | 79.1 | 68.6 | 44.5 | 52.7 |
| Gross profit | 84.6 | 76.5 | 68.2 | 57.3 | 46.4 | 35.2 | 36.8 | 28.0 | 27.2 | 24.2 | 15.5 | 15.0 |
| Selling, general and administrative | 59.7 | 40.8 | 40.5 | 45.6 | 39.9 | 39.3 | 40.1 | 32.2 | 30.5 | 28.7 | 25.9 | 27.2 |
| Research and development | 82.4 | 80.5 | 78.8 | 70.7 | 66.1 | 55.1 | 48.3 | 47.7 | 39.9 | 38.5 | 37.5 | 26.6 |
| Operating income | -57.5 | -44.8 | -51.0 | -59.0 | -59.6 | -59.2 | -51.5 | -51.9 | -43.3 | -43.1 | -47.9 | -38.9 |
| EBIT | -57.5 | -44.8 | -51.0 | -59.0 | -59.6 | -59.2 | -51.5 | -51.9 | -43.3 | -43.1 | -47.9 | -38.9 |
| EBITDA | -36.6 | -29.8 | -36.9 | -47.2 | -50.9 | -50.5 | -43.6 | -43.8 | -35.2 | -34.8 | -40.3 | -31.1 |
| Interest expense | 0.6 | 1.3 | 20.9 | 0.6 | 7.4 | 6.8 | 24.0 | 0.5 | 0.8 | 0.9 | 1.4 | 1.4 |
| Pre-tax income | -43.9 | -46.8 | -41.6 | -59.3 | -63.5 | -61.4 | -51.7 | -51.0 | -42.5 | -44.3 | -49.5 | -39.2 |
| Income tax | 5.3 | -1.8 | 11.3 | -41.1 | 2.9 | -0.8 | 0.7 | 0.9 | -0.9 | 0.0 | 1.0 | 1.4 |
| Net income | -49.3 | -45.0 | -52.9 | -18.3 | -66.4 | -60.6 | -52.3 | -51.9 | -41.6 | -44.3 | -50.5 | -40.6 |
| Net income to common shareholders | -49.3 | -45.0 | -52.9 | -18.3 | -66.4 | -60.6 | -52.3 | -51.9 | -41.6 | -44.3 | -50.5 | -40.6 |
| Basic EPS | -0.08 | -0.07 | -0.09 | -0.03 | -0.13 | -0.12 | -0.10 | -0.10 | -0.08 | -0.09 | -0.10 | -0.08 |
| Diluted EPS | -0.08 | -0.07 | -0.09 | -0.03 | -0.13 | -0.12 | -0.10 | -0.10 | -0.08 | -0.09 | -0.10 | -0.08 |
| Average shares (basic) | 630 | 605 | 573 | 529 | 515 | 506 | 502 | 498 | 494 | 490 | 487 | 484 |
| Average shares (diluted) | 630 | 605 | 573 | 529 | 515 | 506 | 502 | 498 | 494 | 490 | 487 | 484 |
