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. In the quarter to June 2026, revenue grew 62.0%, EPS grew 38.5%, free cash flow fell 99.7% and total debt fell 93.2%, each against the same quarter a year earlier. Member of the Nasdaq 100; revenue growth for five consecutive years.
Follow RKLB
Rocket Lab Corporation (RKLB) Piotroski F-score
Rocket Lab Corporation's Piotroski F-score for fiscal 2025 is 5 out of 9: 5 of nine tests of profitability, leverage and efficiency passed, up from 4 in fiscal 2024.
Piotroski F-score, annual
Embed this chart
Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2025 | 5 | 1.00 |
| FY2024 | 4 | 0.00 |
| FY2023 | 4 | (1.00) |
| FY2022 | 5 | — |
How fiscal 2025’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (11.30%) | (17.89%) | Fail | 0 |
| Positive operating cash flow | (165.52m) | (48.89m) | Fail | 0 |
| Rising return on assets | (11.30%) | (17.89%) | Pass | 1 |
| Cash flow above net income | 32.69m | 141.29m | Pass | 1 |
| Falling long-term leverage | 0.10 | 0.38 | Pass | 1 |
| Rising current ratio | 4.08 | 2.04 | Pass | 1 |
| No new shares issued | 530,665,000 | 495,930,000 | Fail | 0 |
| Rising gross margin | 34.43% | 26.63% | Pass | 1 |
| Rising asset turnover | 0.34 | 0.41 | Fail | 0 |
| Piotroski F-score | Mixed | 5 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| ESLT Elbit Systems Ltd. compare | 8 |
| CW Curtiss-Wright Corporation compare | 8 |
| WWD Woodward, Inc. compare | 8 |
| LHX L3Harris Technologies Inc compare | 8 |
| HEI Heico Corporation compare | 7 |
| HEI.A Heico Corporation compare | 7 |
| TDG Transdigm Group Incorporated compare | 7 |
| AXON Axon Enterprise, Inc compare | 5 |
| RKLB Rocket Lab Corporation | 5 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover