Wednesday 4 November 2026 Export RKLB’s income statement to Excel — free account

Rocket Lab Corporation

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%

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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

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Rocket Lab Corporation (RKLB) revenue by segment, product and region

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Space Systems	403 66.93%	311 71.26%	173 70.61%	150 71.24%	23 37.38%	2 5.90%
Launch Services	199 33.07%	125 28.74%	72 29.39%	61 28.76%	39 62.62%	33 94.10%
Also reported: a second breakdown of the same revenue
Product revenues	372 61.75%	290 66.45%	157 64.01%	133 63.08%	—	—
Service revenues	230 38.25%	146 33.55%	88 35.99%	78 36.92%	—	—
Revenue	602	436	245	211	62	35

Gross profit by product or service $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Product revenues	‡	‡	‡	‡	‡	‡
Service revenues	‡	‡	‡	‡	‡	‡
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Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Space Systems	403 66.93%	311 71.26%	173 70.61%	150 71.24%	23 37.38%	2 5.90%
Launch Services	199 33.07%	125 28.74%	72 29.39%	61 28.76%	39 62.62%	33 94.10%
Revenue	602	436	245	211	62	35

Gross profit by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Space Systems	‡	‡	‡	‡	‡	‡
Launch Services	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡
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Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
United States	475 79.00%	268 61.51%	185 75.53%	165 78.01%	46 73.51%	26 73.61%
Japan	66 10.91%	31 7.03%	10 4.28%	15 7.25%	—	6 18.48%
Rest of world	41 6.75%	33 7.52%	13 5.43%	27 12.58%	4 6.81%	3 7.91%
Canada	20 3.35%	104 23.93%	36 14.77%	5 2.16%	2 3.98%	—
Delaware	—	—	—	—	10 15.70%	0 0.00%
Revenue	602	436	245	211	62	35

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Backlog	Q2 FY2026	$2.4B	—	—
Remaining performance obligations	Q2 FY2026	$2.4B	$995.4M	+136.68%

	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022	Q4 FY2021	Q3 FY2021	Q4 FY2020
Backlog	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.