Rocket Lab Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-197.63	-190.18	-182.57	-135.94	-117.32	-55.01
Depreciation & Amortization	38.33	33.66	29.74	29.95	10.85	9.34
Other Amortization	3.37	3.09	2.9	2.83	1.55	-
Loss (Gain) From Sale of Assets	1.88	-2.83	-0.11	0.92	0.16	1.47
Loss (Gain) From Sale of Investments	-2.23	-2.9	-4.57	-1.4	-	-
Stock-Based Compensation	69.77	56.82	53.46	55.65	32.56	4.22
Other Operating Activities	-27.27	7.66	9.57	-10.86	7.82	3.44
Change in Accounts Receivable	-34.84	-51.59	-2.05	-16.98	-5.97	4.5
Change in Inventory	-30.85	-12.4	-15.56	-25.96	-12.07	-11.26
Change in Accounts Payable	9.31	24.8	15.59	-2.13	-4.52	-1.6
Change in Unearned Revenue	39.89	76.87	30.99	22.66	28.06	15.92
Change in Other Net Operating Assets	26.89	8.11	-36.26	-25.28	-12.9	1.23
Operating Cash Flow	-103.38	-48.89	-98.87	-106.54	-71.79	-27.76
Capital Expenditures	-128.19	-67.09	-54.71	-42.41	-25.7	-25.12
Sale of Property, Plant & Equipment	1.18	12.54	3.66	-	-	-
Cash Acquisitions	-132.44	-	-18.97	-65.82	-66.44	-12.21
Investment in Securities	-1.73	-43.78	82.03	-237.84	-	-
Investing Cash Flow	-261.18	-98.33	12.02	-346.08	-92.13	-37.33
Long-Term Debt Issued	-	355	110	-	113.9	-
Long-Term Debt Repaid	-	-52.05	-107.91	-0.27	-15	-
Net Debt Issued (Repaid)	8.49	302.95	2.09	-0.27	98.9	-
Issuance of Common Stock	979.68	44.44	23.43	39.42	731.4	0.98
Repurchase of Common Stock	-85.84	-35.34	-15.72	-31.61	-30.36	-
Other Financing Activities	-20.41	-55.37	-2.43	-5.5	-	-
Financing Cash Flow	881.92	256.68	7.37	2.04	799.94	21.48
Foreign Exchange Rate Adjustments	-1.45	-0.6	0.04	4.37	2.13	-0.15
Net Cash Flow	515.92	108.87	-79.44	-446.2	638.14	-43.76
Free Cash Flow	-231.56	-115.98	-153.57	-148.95	-97.49	-52.88
Free Cash Flow Margin	-41.76%	-26.59%	-62.79%	-70.59%	-156.64%	-150.39%
Free Cash Flow Per Share	-0.45	-0.23	-0.32	-0.32	-0.46	-0.70
Cash Interest Paid	23.94	16.29	15.55	10.75	3.99	-
Cash Income Tax Paid	0.36	0.27	0.77	2.67	1.84	-0.3
Levered Free Cash Flow	-111.28	-15.27	-80.2	-84.58	-47.49	-38.79
Unlevered Free Cash Flow	-110.08	-15.89	-80.45	-82.54	-45.21	-38.79
Change in Working Capital	10.4	45.79	-7.29	-47.69	-7.4	8.78

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