24/7 Wall Street·5 days ago
Rocket Lab's CEO Just Bet $8 Billion on Taking Down SpaceX. Here's the ‘1+1=3' LogicCEO Peter Beck just spent approximately $8 billion to buy a satellite phone company.
Rocket Lab USA, Inc.(RKLB)Earnings, Financials & Key Ratios
RKLB•NASDAQ
$83.41
Price updated Jul 7, 2026
AboutRocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft engineering and design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets. It also designs, manufactures, and sells Electron small orbital launch vehicles and the Photon satellite platforms, as well as developing the Neutron 8-ton payload class launch vehicle; conducts remote launch activities; and designs and manufactures a range of components and subsystems for the Photon family of spacecraft and broader merchant spacecraft components. The company serves commercial, aerospace prime contractors, and government customers. The company was founded in 2006 and is headquartered in Long Beach, California.Show more
- Revenue$602M+38.0%
- EBITDA-$185M-18.4%
- Net Income-$198M-4.2%
- EPS (Diluted)-0.37+2.6%
- Gross Margin34.43%+29.3%
- EBITDA Margin-30.73%+14.2%
- Operating Margin-38.03%+12.6%
- Net Margin-32.94%+24.5%
- ROE-18.84%+53.6%
RKLB Price & Volume
Rocket Lab USA, Inc. (RKLB) stock price & volume — 10-year historical chart
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Scaling Revenue Growth Amidst Intensive Neutron Investment
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Negative
Financial:Healthy
Cash Flow:Burning
Primary Risk:Neutron development capital intensity
Key Thesis Takeaways
- Rocket Lab is successfully transitioning into a diversified aerospace systems integrator, evidenced by a 63.5% year-over-year revenue growth rate in 2026Q1.
- While the company is scaling its Space Systems segment and improving gross margins to 38.2%, the path to profitability remains constrained by heavy R&D spending of $80.5 million dedicated to the Neutron launch vehicle.
- Investors should monitor whether the company can achieve sufficient operational leverage before its current cash reserves of $1.2 billion are exhausted by ongoing capital-intensive development cycles.
Verdict Logic
while the company maintains a robust liquidity buffer with a current ratio of 4.47, the persistent negative free cash flow of -$77.4 million warrants caution regarding future capital requirements.
RKLB Growth Metrics
Rocket Lab USA, Inc. (RKLB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years76.47%
3 Years41.82%
TTM45.83%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM11.58%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM18.04%
Return on Capital
10 Years-22.24%
5 Years-19.84%
3 Years-21.16%
Last Year-16.14%
RKLB Recent Earnings
Rocket Lab USA, Inc. (RKLB) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$0.07-4.4%
$0.07
Rev
$200M+5.6%
$190M
Q1 2026
Feb 26, 2026Metric
Actual
Est
EPS
$0.09+8.9%
$0.10
Rev
$180M+1.6%
$177M
Q4 2025
Nov 10, 2025Metric
Actual
Est
EPS
$0.01+110.1%
$0.10
Rev
$155M+2.2%
$152M
Q3 2025
Aug 7, 2025Metric
Actual
Est
EPS
$0.10-5.0%
$0.10
Rev
$144M+6.7%
$135M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.07vs $0.07-4.4% | $200Mvs $190M+5.6% |
| Q1 2026 | Feb 26, 2026 | $0.09vs $0.10+8.9% | $180Mvs $177M+1.6% |
| Q4 2025 | Nov 10, 2025 | $0.01vs $0.10+110.1% | $155Mvs $152M+2.2% |
| Q3 2025 | Aug 7, 2025 | $0.10vs $0.10-5.0% | $144Mvs $135M+6.7% |
Based on last 12 quarters of dataView full earnings history →
Latest RKLB News
Recent stock market news and headlines for Rocket Lab USA, Inc. (RKLB)
Benzinga·5 days ago
Space Stocks And ETFs To Buy—Beyond SpaceXSpace stopped being a government-only game years ago. It's now a real, investable industry – satellites beaming broadband to ships and planes, earth-imaging companies selling data to farms and defense contractors, and launch providers racing to put more payloads into orbit than ever before.
24/7 Wall Street·5 days ago
From $4.8 to $101: Rocket Lab's Wild Ride Into an $8 Billion SpaceX ShowdownRocket Lab (NASDAQ:RKLB | RKLB Price Prediction) shareholders who bought two years ago are now sitting on one of the loudest re-ratings in the market.
24/7 Wall Street·5 days ago
Up 33% YTD, Will Rocket Lab Hit a New High This Year?Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) in 2026 has been one of the most electric setups in the market.
Benzinga·5 days ago
Rocket Lab Stock up 24% in a Week — Here's What HappenedRocket Lab Corporation (NASDAQ:RKLB) shares are in the spotlight Thursday after surging approximately 24% over the past week. Here's what investors need to know.
Peers Comparison
Key metrics vs top competitors for Rocket Lab USA, Inc. (RKLB)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $83.41 | $48.27B | -225.43 | 37.96% | -32.94% | -18.84% | — | |
| $2.57 | $160.32M | -0.47 | -78.06% | -19781.3% | -105.02% | — | |
| $6.22 | $27.37M | -0.13 | -47.49% | -843.77% | -401.62% | — | |
| $74.21 | $22.17B | -55.38 | 1505.21% | -573.67% | -24.87% | — | |
| $231.68 | $182.63B | 93.42 | 34.49% | 2.46% | — | — | |
| $535.38 | $123.38B | 24.91 | 5.65% | 6.38% | 74.53% | — |
Compare RKLB vs Peers
Rocket Lab USA, Inc. (RKLB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
RKLB SEC Filings & Documents
Rocket Lab USA, Inc. (RKLB) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 8, 2026·SEC
Material company update
May 7, 2026·SEC
Material company update
Apr 14, 2026·SEC
10-K Annual Reports
210-Q Quarterly Reports
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RKLB Frequently Asked Questions
Rocket Lab USA, Inc. (RKLB) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Rocket Lab USA, Inc.'s revenue?
Rocket Lab USA, Inc. (RKLB) reported $679.6M in revenue for fiscal year 2025. This represents a 1304% increase from $48.4M in 2019.
How fast is Rocket Lab USA, Inc. growing?
Rocket Lab USA, Inc. (RKLB) grew revenue by 38.0% over the past year. This is strong growth.
Is RKLB profitable?
Rocket Lab USA, Inc. (RKLB) reported a net loss of $182.6M for fiscal year 2025.
Dividend & Returns
What is RKLB's return on equity?
Rocket Lab USA, Inc. (RKLB) has a return on equity (ROE) of -18.8%. Negative ROE indicates the company is unprofitable.
What is Rocket Lab USA, Inc.'s free cash flow?
Rocket Lab USA, Inc. (RKLB) had negative free cash flow of $316.3M in fiscal year 2025, likely due to heavy capital investments.