Rocket Lab Corp
RKLB- Exchange
- Nasdaq
- Industry
- Guided Missiles & Space Vehicles & Parts
- SEC CIK
- 0001819994
In the last 90 days, Rocket Lab Corp insiders filed 0 open-market purchases and 11 sales; 1,135 institutions reported holding it in 13F filings for Q2 2026, worth $32.7B in total; ARK Invest is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 10, 2026, 1:19 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $198.2M (32.9% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 26, 2026 | Feb 27, 2025 | Jan 31, 2024 | Feb 28, 2023 | Feb 28, 2022 |
| Revenue | $601.8M | $436.2M | $244.6M | $211.0M | $62.2M |
| Cost of revenue | $394.6M | $320.1M | $193.2M | $192.0M | $64.1M |
| Gross profit | $207.2M | $116.1M | $51.4M | $19.0M | -$1.89M |
| Operating expenses | $436.0M | $305.9M | $229.3M | $154.2M | $100.2M |
| Research and development | $270.7M | $174.4M | $119.1M | $65.2M | $41.8M |
| Selling, general and administrative | $165.3M | $131.6M | $110.3M | $89.0M | $58.4M |
| Operating income | -$228.8M | -$189.8M | -$177.9M | -$135.2M | -$102.1M |
| Income tax | -$27.7M | $764.0K | $3.65M | $3.00M | -$7.52M |
| Net income | -$198.2M | -$190.2M | -$182.6M | -$135.9M | -$117.3M |
| EPS, basic | $-0.37 | $-0.38 | $-0.38 | $-0.29 | – |
| EPS, diluted | $-0.37 | $-0.38 | $-0.38 | $-0.29 | – |
| Weighted shares, basic | 530.7M | 495.9M | 481.8M | 466.2M | – |
| Weighted shares, diluted | 530.7M | 495.9M | 481.8M | 466.2M | – |
| Margins and growth | |||||
| Gross margin | 34.4% | 26.6% | 21.0% | 9.0% | -3.0% |
| Operating margin | -38.0% | -43.5% | -72.7% | -64.1% | -164.0% |
| Net margin | -32.9% | -43.6% | -74.6% | -64.4% | -188.5% |
| Revenue growth, year over year | +38.0% | +78.3% | +15.9% | +239.0% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 26, 2026 | Feb 27, 2025 | Jan 31, 2024 | Feb 28, 2023 | Feb 28, 2022 |
| Cash and equivalents | $828.7M | $271.0M | $162.5M | $242.5M | $691.0M |
| Short-term investments | $187.9M | $147.9M | $82.3M | $229.3M | – |
| Accounts receivable | $39.0M | $36.4M | $35.2M | $36.6M | $14.0M |
| Inventory | $158.4M | $119.1M | $107.9M | $92.3M | $47.9M |
| Total current assets | $1.37B | $692.6M | $476.7M | $662.3M | $774.8M |
| Property, plant and equipment | $319.5M | $194.8M | $145.4M | $101.5M | $65.3M |
| Goodwill | $205.8M | $71.0M | $71.0M | $71.0M | $43.3M |
| Intangible assets | $224.7M | $58.6M | $68.1M | $79.7M | $57.5M |
| Total assets | $2.32B | $1.18B | $941.2M | $989.1M | $980.8M |
| Accounts payable | $72.7M | $53.1M | $29.3M | $12.1M | $3.49M |
| Short-term debt | $0 | $12.0M | $17.8M | $2.91M | $2.83M |
| Total current liabilities | $334.5M | $339.5M | $223.4M | $162.9M | $96.3M |
| Long-term debt | $1.72M | $44.0M | $87.6M | $100.0M | $97.3M |
| Total liabilities | $602.6M | $801.9M | $386.7M | $315.9M | $282.4M |
| Shareholders' equity | $1.72B | $382.5M | $554.5M | $673.2M | $698.4M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 26, 2026 | Feb 27, 2025 | Jan 31, 2024 | Feb 28, 2023 | Feb 28, 2022 |
| Operating cash flow | -$165.5M | -$48.9M | -$98.9M | -$106.5M | -$71.8M |
| Capital expenditures | $156.3M | $67.1M | $54.7M | $42.4M | $25.7M |
| Free cash flow | -$321.8M | -$116.0M | -$153.6M | -$148.9M | -$97.5M |
| Depreciation and amortization | $43.9M | $33.7M | $29.7M | $29.9M | $10.9M |
| Stock-based compensation | $71.1M | $56.8M | $53.5M | $55.6M | $32.6M |
| Investing cash flow | -$347.4M | -$98.3M | $12.0M | -$346.1M | -$92.1M |
| Financing cash flow | $1.07B | $256.7M | $7.37M | $2.04M | $799.9M |
| Net change in cash | $558.2M | $108.9M | -$79.4M | -$446.2M | $638.1M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 11.8% | 13.0% | 21.9% | 26.4% | 52.3% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 4, 2026 | 632.0M | +18.3% | SEC |
| Aug 5, 2026 | 598.4M | +24.8% | SEC |
| Apr 30, 2026 | 578.8M | +25.4% | SEC |
| Feb 20, 2026 | 567.4M | +25.1% | SEC |
| Nov 5, 2025 | 534.2M | +6.9% | SEC |
| Aug 4, 2025 | 479.4M | −3.5% | SEC |
| May 5, 2025 | 461.4M | −6.4% | SEC |
| Apr 25, 2025 | 461.4M | −6.4% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.