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NASDAQ · GUIDED MISSILES & SPACE VEHICLES & PARTS · LARGE CAP

Rocket Lab Corp. RKLB

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$601.8M
▲ 38.0% YoY
$-198.2M
$-321.8M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The company designs and manufactures small and medium-class rockets, spacecraft, spacecraft components, and flight and ground software. Rocket Lab manufactures Electron's ten Rutherford engines at its headquarters in Long Beach, California. As of December 31, 2025, the company had over 2,600 full-time permanent employees worldwide. Its Launch Services business provides launch services into low Earth orbit on Electron for spacecraft up to 300 kg. Its Space Systems business provides spacecraft solutions for government and commercial customers ranging from selling individual spacecraft components to complete spacecraft design, manufacture, and on-orbit operations. The company's predecessor entity, Rocket Lab USA, Inc., completed a merger with Vector Acquisition Corporation on August 25, 2021, at which point Vector changed its name to Rocket Lab USA, Inc., a Delaware corporation.

Written from the business description in Rocket Lab Corp's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth

USD 601.8M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 601.8 · Net income -198.2
250.0M500.0M-100.0M-200.0M
202020232025
Compound annual growth
+41.8%
+76.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +76.5% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−33 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -38.0% · Net -32.9%
-50%-100%-150%
202020222025
ROE
FY2025 · ROE -18.8%
-20%-40%
202020222025
Three returns, three denominators.

Each USD of equity lost 19 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -321.8
-150M-300M
202020222025

Total assetsUSD 2.3B
EquityUSD 1.7B
CashUSD 828.7M
Gross debtUSD 1.7M
Net debtUSD -826.9M
Current ratio4.08×

The company holds more cash than debt.

The 6-year record

6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
RKLB, 6-year financial record
Metric 202520242023202220212020
Revenue $B0.60.40.20.20.10.0
Operating income $B−0.2−0.2−0.2−0.1−0.1−0.1
EBITDA $B−0.2−0.2−0.2−0.1−0.1−0.0
Income tax $B−0.00.00.00.0−0.00.0
Net income $B−0.2−0.2−0.2−0.1−0.1−0.1
Free cash flow $B−0.3−0.1−0.2−0.1−0.1−0.1
EPS, diluted $−0.37−0.38−0.38−0.29−0.56−0.73
Dividend / sh $◌◌◌◌◌◌
Payout % — not applicable: no dividend——————
ROE %−18.8−40.6−29.7−19.8——
Shares out B0.540.500.490.480.450.08

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 30 reconciliationsAUDITED

Reconciled in 6 of the 6 fiscal years we could check. 26 checks were skipped: the balance sheet is not tagged before 2020. 13 checks were skipped: EPS is not tagged before 2020. 13 checks were skipped: revenue is not tagged before 2020.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityGuided Missiles & Space Vehicles & Parts
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2020

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