Rocket Lab Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	679.58	601.8	436.21	244.59	211	62.24
Revenue Growth (YoY)	45.83%	37.96%	78.34%	15.92%	239.02%	77.01%
Cost of Revenue	431.15	394.62	320.07	193.18	192.01	64.13
Gross Profit	248.43	207.18	116.15	51.41	18.99	-1.89
Selling, General & Admin	177.93	165.3	131.56	110.27	89.03	58.4
Research & Development	296.12	270.72	174.39	119.05	65.17	41.77
Total Operating Expenses	474.05	436.02	305.95	229.33	154.19	100.16
Operating Income	-225.62	-228.84	-189.8	-177.92	-135.2	-102.05
Interest Income	19.74	25.51	22.23	13.28	-	-
Interest Expense	-9.25	-26.49	-26.18	-17.53	-7.8	-
Other Non-Operating Income (Expense)	3.85	3.92	4.34	3.25	10.06	-22.79
Total Non-Operating Income (Expense)	9.77	2.94	0.39	-1	2.26	-22.79
Pretax Income	-211.28	-225.9	-189.41	-178.92	-132.95	-124.84
Provision for Income Taxes	-28.67	-27.69	0.76	3.65	3	-7.52
Net Income	-182.62	-198.21	-190.18	-182.57	-135.94	-117.32
Net Income to Common	-182.62	-198.21	-190.18	-182.57	-135.94	-117.32
Shares Outstanding (Basic)	555	531	496	482	466	210
Shares Outstanding (Diluted)	555	531	496	482	466	210
Shares Change (YoY)	11.13%	7.00%	2.94%	3.34%	122.12%	178.32%
EPS (Basic)	-0.32	-0.37	-0.38	-0.38	-0.29	-0.56
EPS (Diluted)	-0.32	-0.37	-0.38	-0.38	-0.29	-0.56
Shares Outstanding	621.72	589.53	504.45	488.92	475.36	450.18
Free Cash Flow	-316.3	-321.81	-115.98	-153.57	-148.95	-97.49
Free Cash Flow Per Share	-0.57	-0.61	-0.23	-0.32	-0.32	-0.46
Gross Margin	36.56%	34.43%	26.63%	21.02%	9.00%	-3.04%
Operating Margin	-33.20%	-38.03%	-43.51%	-72.74%	-64.08%	-163.97%
Profit Margin	-26.87%	-32.94%	-43.60%	-74.64%	-64.43%	-188.50%
FCF Margin	-46.54%	-53.47%	-26.59%	-62.79%	-70.59%	-156.64%
EBITDA	-172.96	-181.76	-153.06	-145.27	-102.43	-89.66
EBITDA Margin	-25.45%	-30.20%	-35.09%	-59.39%	-48.55%	-144.06%
EBIT	-225.62	-228.84	-189.8	-177.92	-135.2	-102.05
EBIT Margin	-33.20%	-38.03%	-43.51%	-72.74%	-64.08%	-163.97%
Effective Tax Rate	13.57%	12.26%	-0.40%	-2.04%	-2.26%	6.02%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q