Rocket Lab Corporation

RKLB Industrials Aerospace & Defense

Rocket Lab Corporation’s revenue for fiscal 2025 (year ended December 2025) was $601.8 million, up 38.0% from fiscal 2024.

Revenue
+62.0%
EPS
+38.5%
Free cash flow
−99.7%
Total debt
−93.2%

Quarter to June 2026, against a year earlier

52.00 2.43 −4.46%
Market cap
$32.6B
P/E
0.0×
Fwd P/E
−199×
Dividend yield
—
F-score
5/9
Altman Z
36.71
Beneish M
−2.24
Dividend safety
n/a

Rocket Lab Corporation (RKLB) Operating margin

Alert me on Operating margin

Rocket Lab Corporation's operating margin over the twelve months to 30 June 2026 was −29.1%, up 9.0 percentage points from fiscal 2025 (−38.0%). Over the past ten years it has ranged from −164.0% (fiscal 2021) to −38.0% (fiscal 2025) — the current reading is the highest in ten years. That is below the Aerospace & Defense industry median of 1.21% and below the Industrials sector median of 5.12%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −38.0% 5.48
FY2024 −43.5% 29.23
FY2023 −72.7% (8.66)
FY2022 −64.1% 99.89
FY2021 −164.0% (7.68)
FY2020 −156.3% —

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 −24.6% 3.37
Mar 2026 −27.9% 0.47
Dec 2025 −28.4% 9.61
Sep 2025 −38.0% 3.25
19 more quarters

Against its own ten years

Low −164.0% High −38.0%
Ten-year median −68.4%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
HEI Heico Corporation compare 24.0%
HEI.A Heico Corporation compare 24.0%
HONA Honeywell Aerospace inc. compare 20.8%
ARXS Arxis, Inc. compare 16.6%
WWD Woodward, Inc. compare 15.6%
ESLT Elbit Systems Ltd. compare 9.22%
AXON Axon Enterprise, Inc compare 0.74%
FTAI FTAI Aviation Ltd. compare 0.00%
RKLB Rocket Lab Corporation −29.1%
Aerospace & Defense industry median 1.21%
Industrials sector median 5.12%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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