Rocket Lab USA, Inc. (RKLB) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 200.35M | 179.65M | 155.08M | 144.5M | 122.57M | 132.39M | 104.81M | 106.25M | 92.77M | 59.99M | 67.66M | 62.05M | 54.9M | 51.76M | 63.06M | 55.47M | 40.7M | 27.48M | 5.29M | 11.28M |
| Revenue Growth % | 63.46% | 35.7% | 47.97% | 36% | 32.13% | 120.68% | 54.9% | 71.25% | 68.99% | 15.9% | 7.3% | 11.85% | 34.87% | 88.38% | 1092.68% | 391.79% | 123.74% | 74.61% | - | - |
| Cost of Goods Sold | 123.86M | 111.42M | 97.77M | 98.11M | 87.32M | 95.57M | 76.81M | 79.09M | 68.59M | 44.5M | 52.69M | 47.45M | 48.54M | 49.93M | 54.59M | 50.52M | 36.97M | 20.79M | 17.74M | 8.82M |
| COGS % of Revenue | 61.82% | 62.02% | 63.04% | 67.9% | 71.24% | 72.19% | 73.29% | 74.44% | 73.94% | 74.18% | 77.88% | 76.48% | 88.42% | 96.46% | 86.57% | 91.06% | 90.82% | 75.67% | 335.5% | 78.16% |
| Gross Profit | 76.49M | 68.23M | 57.31M | 46.39M | 35.25M | 36.82M | 28M | 27.16M | 24.17M | 15.29M | 14.97M | 14.59M | 6.36M | 1.83M | 8.47M | 4.96M | 3.73M | 6.68M | -12.45M | 2.46M |
| Gross Margin % | 38.18% | 37.98% | 36.96% | 32.1% | 28.76% | 27.81% | 26.71% | 25.56% | 26.06% | 25.48% | 22.12% | 23.52% | 11.58% | 3.54% | 13.43% | 8.94% | 9.18% | 24.33% | -235.5% | 21.84% |
| Gross Profit Growth % | 117.02% | 85.33% | 104.72% | 70.78% | 45.81% | 140.84% | 87.05% | 86.13% | 280.27% | 735.36% | 76.77% | 194.33% | 70.2% | -72.63% | 168% | 101.3% | 164.71% | 264.9% | - | - |
| Operating Expenses | 132.46M | 119.27M | 116.28M | 106.03M | 94.44M | 88.37M | 79.89M | 70.44M | 67.25M | 63.17M | 53.83M | 59.75M | 52.37M | 39.05M | 40.47M | 38.12M | 36.55M | 31.02M | 39.84M | 15.6M |
| OpEx % of Revenue | 66.12% | 66.39% | 74.98% | 73.38% | 77.05% | 66.75% | 76.23% | 66.29% | 72.5% | 105.3% | 79.55% | 96.3% | 95.41% | 75.45% | 64.18% | 68.71% | 89.81% | 112.88% | 753.62% | 138.27% |
| Selling, General & Admin | 51.95M | 40.49M | 45.59M | 39.89M | 39.33M | 40.11M | 32.17M | 30.52M | 28.75M | 25.68M | 27.2M | 28.72M | 28.47M | 24.04M | 22.96M | 18.95M | 23.08M | 19.05M | 25.66M | 7.07M |
| SG&A % of Revenue | 25.93% | 22.54% | 29.4% | 27.61% | 32.08% | 30.3% | 30.7% | 28.73% | 30.99% | 42.81% | 40.2% | 46.28% | 51.86% | 46.43% | 36.41% | 34.16% | 56.7% | 69.32% | 485.25% | 62.66% |
| Research & Development | 80.51M | 78.78M | 70.69M | 66.13M | 55.11M | 48.26M | 47.72M | 39.91M | 38.5M | 37.49M | 26.63M | 31.04M | 23.91M | 15.02M | 17.51M | 19.16M | 13.48M | 11.97M | 14.19M | 8.53M |
| R&D % of Revenue | 40.19% | 43.85% | 45.59% | 45.77% | 44.96% | 36.45% | 45.53% | 37.56% | 41.51% | 62.49% | 39.35% | 50.02% | 43.55% | 29.01% | 27.77% | 34.55% | 33.11% | 43.55% | 268.38% | 75.61% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -55.97M | -51.04M | -58.97M | -59.64M | -59.19M | -51.55M | -51.9M | -43.27M | -43.08M | -47.88M | -38.86M | -45.16M | -46.02M | -37.22M | -32M | -33.16M | -32.82M | -24.33M | -52.3M | -13.13M |
| Operating Margin % | -27.94% | -28.41% | -38.02% | -41.27% | -48.29% | -38.94% | -49.52% | -40.73% | -46.44% | -79.82% | -57.43% | -72.78% | -83.83% | -71.91% | -50.75% | -59.77% | -80.63% | -88.55% | -989.12% | -116.44% |
| Operating Income Growth % | 5.44% | 0.98% | -13.62% | -37.82% | -37.39% | -7.66% | -33.56% | 4.17% | 6.38% | -28.64% | -21.43% | -36.19% | -40.21% | -52.99% | 38.8% | -152.47% | -167.02% | -29.41% | - | - |
| EBITDA | -40.98M | -36.3M | -47.37M | -50.88M | -50.48M | -42.41M | -43.8M | -35.17M | -34.77M | -39.72M | -31.07M | -38.41M | -38.98M | -28.87M | -24.15M | -25.51M | -26.73M | -20.89M | -49.73M | -10.68M |
| EBITDA Margin % | -20.45% | -20.2% | -30.54% | -35.21% | -41.19% | -32.03% | -41.79% | -33.1% | -37.48% | -66.2% | -45.92% | -61.9% | -71.02% | -55.77% | -38.3% | -45.99% | -65.68% | -76.02% | -940.65% | -94.72% |
| EBITDA Growth % | 18.82% | 14.41% | -8.14% | -44.69% | -45.2% | -6.78% | -41% | 8.44% | 10.82% | -37.59% | -28.65% | -50.56% | -45.83% | -38.18% | 51.44% | -138.77% | -170.18% | -31.69% | - | - |
| D&A (Non-Cash Add-back) | 14.99M | 14.74M | 11.6M | 8.76M | 8.71M | 9.14M | 8.1M | 8.11M | 8.31M | 8.17M | 7.79M | 6.75M | 7.03M | 8.36M | 7.85M | 7.65M | 6.09M | 3.44M | 2.56M | 2.45M |
| EBIT | -55.97M | -36.63M | -58.76M | -61.1M | -58.84M | -49.89M | -50.54M | -41.67M | -43.36M | -47.88M | -37.8M | -44.38M | -44.41M | -47.38M | -32M | -33.16M | -19.33M | -24.33M | -86.68M | -15.95M |
| Net Interest Income | 8.88M | 4.57M | -590K | -2.37M | -2.59M | -1.78M | -454K | -824K | -898K | -1.41M | -1.41M | -745K | -685K | -892K | -1.49M | -2.43M | -2.99M | -2.75M | -2.98M | -275K |
| Interest Income | 10.15M | 9.59M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 1.27M | 5.02M | 590K | 2.37M | 2.59M | 1.78M | 454K | 824K | 898K | 1.41M | 1.41M | 745K | 685K | 892K | 1.49M | 2.43M | 2.99M | 2.75M | 2.98M | 275K |
| Other Income/Expense | 9.15M | 9.4M | -379K | -3.84M | -2.24M | -121K | 904K | 783K | -1.18M | -1.6M | -357K | 31K | 926K | -995K | -915K | -6.33M | 10.5M | 20.99M | -37.36M | -3.09M |
| Pretax Income | -46.81M | -41.64M | -59.35M | -63.48M | -61.43M | -51.67M | -50.99M | -42.49M | -44.26M | -49.49M | -39.22M | -45.13M | -45.09M | -38.22M | -32.92M | -39.49M | -22.32M | -3.35M | -89.65M | -16.23M |
| Pretax Margin % | -23.37% | -23.18% | -38.27% | -43.93% | -50.12% | -39.03% | -48.66% | -39.99% | -47.71% | -82.49% | -57.96% | -72.73% | -82.14% | -73.83% | -52.2% | -71.19% | -54.84% | -12.17% | -1695.73% | -143.84% |
| Income Tax | -1.79M | 11.28M | -41.09M | 2.94M | -813K | 675K | 944K | -860K | 5K | 1.01M | 1.35M | 761K | 526K | -1.01M | 1.69M | -2.07M | 4.39M | -6.54M | -1.68M | 440K |
| Effective Tax Rate % | 3.83% | -27.08% | 69.24% | -4.63% | 1.32% | -1.31% | -1.85% | 2.02% | -0.01% | -2.04% | -3.45% | -1.69% | -1.17% | 2.64% | -5.14% | 5.25% | -19.66% | 195.55% | 1.88% | -2.71% |
| Net Income | -45.02M | -52.92M | -18.26M | -66.41M | -60.62M | -52.34M | -51.94M | -41.63M | -44.26M | -50.5M | -40.57M | -45.89M | -45.62M | -37.21M | -34.61M | -37.42M | -26.71M | 3.2M | -87.97M | -16.66M |
| Net Margin % | -22.47% | -29.46% | -11.77% | -45.96% | -49.45% | -39.54% | -49.56% | -39.18% | -47.71% | -84.17% | -59.96% | -73.96% | -83.1% | -71.88% | -54.89% | -67.45% | -65.62% | 11.63% | -1663.87% | -147.74% |
| Net Income Growth % | 25.73% | -1.1% | 64.85% | -59.53% | -36.95% | -3.66% | -28.03% | 9.28% | 2.97% | -35.72% | -17.21% | -22.64% | -70.79% | -1264.21% | 60.66% | -124.52% | -68.17% | 116.87% | - | - |
| Net Income (Continuing) | -45.02M | -52.92M | -18.26M | -66.41M | -60.62M | -52.34M | -51.94M | -41.63M | -44.26M | -50.5M | -40.57M | -45.89M | -45.62M | -37.21M | -34.61M | -37.42M | -26.71M | 3.2M | -87.97M | -16.66M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.07 | -0.09 | -0.03 | -0.13 | -0.12 | -0.10 | -0.10 | -0.08 | -0.09 | -0.10 | -0.08 | -0.10 | -0.10 | -0.08 | -0.07 | -0.08 | -0.06 | 0.01 | -0.19 | -0.04 |
| EPS Growth % | 38% | 7.6% | 65.5% | -54.39% | -32.89% | 0% | -19.33% | 12.02% | 5.74% | -27.23% | -13.7% | -18.88% | -63.76% | - | 61.21% | -116.4% | -64.79% | 116.78% | - | - |
| EPS (Basic) | -0.07 | -0.09 | -0.03 | -0.13 | -0.12 | -0.10 | -0.10 | -0.08 | -0.09 | -0.10 | -0.08 | -0.10 | -0.10 | -0.08 | -0.07 | -0.08 | -0.06 | 0.01 | -0.19 | -0.04 |
| Diluted Shares Outstanding | 605.43M | 572.52M | 528.73M | 515.09M | 505.61M | 501.75M | 497.7M | 494.19M | 489.99M | 486.96M | 484.03M | 479.74M | 476.2M | 473.64M | 469.77M | 464.72M | 456.5M | 452.21M | 452.21M | 447.92M |
| Basic Shares Outstanding | 605.43M | 572.52M | 528.73M | 515.09M | 505.61M | 501.75M | 497.7M | 494.19M | 489.99M | 486.96M | 484.03M | 479.74M | 476.2M | 473.64M | 469.77M | 464.72M | 456.5M | 452.21M | 452.21M | 447.92M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |