Rocket Lab Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	601.8	436.21	244.59	211	62.24
Revenue Growth (YoY)	37.96%	78.34%	15.92%	239.02%	77.01%
Cost of Revenue	394.62	320.07	193.18	192.01	64.13
Gross Profit	207.18	116.15	51.41	18.99	-1.89
Selling, General & Admin	165.3	131.56	110.27	88.6	58.4
Research & Development	270.72	174.39	119.05	65.17	41.77
Operating Expenses	436.02	305.95	229.33	153.77	100.16
Operating Income	-228.84	-189.8	-177.92	-134.78	-102.05
Interest Expense	-26.49	-26.18	-17.53	-7.8	-6.13
Interest & Investment Income	25.51	22.23	13.28	-	-
Currency Exchange Gain (Loss)	-0.46	-0.09	-0.47	-4.44	-0.57
Other Non Operating Income (Expenses)	2.14	-1.3	-1.95	13.1	-16.09
EBT Excluding Unusual Items	-228.14	-195.14	-184.59	-133.91	-124.84
Merger & Restructuring Charges	-	-	-	-0.43	-
Gain (Loss) on Sale of Investments	2.25	2.9	4.57	1.4	-
Gain (Loss) on Sale of Assets	-	2.83	1.09	-	-
Pretax Income	-225.9	-189.41	-178.92	-132.95	-124.84
Income Tax Expense	-27.69	0.76	3.65	3	-7.52
Net Income	-198.21	-190.18	-182.57	-135.94	-117.32
Net Income to Common	-198.21	-190.18	-182.57	-135.94	-117.32
Shares Outstanding (Basic)	531	496	482	466	210
Shares Outstanding (Diluted)	531	496	482	466	210
Shares Change (YoY)	7.00%	2.94%	3.34%	122.12%	178.32%
EPS (Basic)	-0.37	-0.38	-0.38	-0.29	-0.56
EPS (Diluted)	-0.37	-0.38	-0.38	-0.29	-0.56
Free Cash Flow	-321.81	-115.98	-153.57	-148.95	-97.49
Free Cash Flow Per Share	-0.61	-0.23	-0.32	-0.32	-0.46
Gross Margin	34.43%	26.63%	21.02%	9.00%	-3.04%
Operating Margin	-38.03%	-43.51%	-72.74%	-63.88%	-163.97%
Profit Margin	-32.94%	-43.60%	-74.64%	-64.43%	-188.50%
Free Cash Flow Margin	-53.47%	-26.59%	-62.79%	-70.59%	-156.64%
EBITDA	-185.51	-157.37	-148.78	-104.83	-91.2
EBITDA Margin	-30.83%	-36.08%	-60.83%	-49.68%	-146.54%
D&A For EBITDA	43.33	32.44	29.13	29.95	10.85
EBIT	-228.84	-189.8	-177.92	-134.78	-102.05
EBIT Margin	-38.03%	-43.51%	-72.74%	-63.88%	-163.97%
Revenue as Reported	601.8	436.21	244.59	211	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.