Rocket Lab USA, Inc. logo

Rocket Lab USA, Inc.

RKLBNASDAQStock Fundamentals

Rocket Lab is an end-to-end space company that provides launch services, spacecraft design, and satellite component manufacturing. The company specializes in frequent, reliable access to orbit through its proprietary launch vehicles and vertically integrated space systems, supporting commercial, civil, and defense missions. Its value proposition centers on reducing the cost and time-to-market for space-based infrastructure and exploration.

Market Cap$61.0B
Revenue TTM$679.6M
Net Income TTM-$182.6M
Net Margin-26.87%
EPS TTM$-0.32
Free Cash Flow TTM-$316.3M
Employees1.7K
CEOSir Peter Beck
CountryUnited States of America
Industrials
Aerospace & Defense
SegmentsAerospace & Defense, Space Technology
Business ModelsManufacturing, Service Provider, Spacecraft-as-a-Service
Most Recent EarningsMay 7, 2026 · 5 days agoQ1 2026
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Next EarningsAug 6, 2026 · in 3 monthsAfter Market Close · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin36.56%
Op. Margin-33.2%
ROE-13.55%
D/E4.5%
Current Ratio4.47
Total Debt$101.8M
Cash$1.2B
CapEx TTM$154.7M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Launch Services

primary

Provides orbital and suborbital launch capabilities for small to medium payloads. This segment operates the Electron and HASTE vehicles and is developing the medium-lift Neutron rocket to support large constellation deployments.

Products

Electron, HASTE, Neutron, Rutherford Engine, Kick Stage

Customers

Commercial spacecraft operators, Civil government agencies, Defense organizations

Space Systems

major

Delivers a full suite of spacecraft components, design services, and on-orbit management solutions. This segment provides everything from individual parts like solar cells and reaction wheels to complete 'spacecraft-as-a-service' platforms.

Products

Photon, Sinclair Interplanetary Reaction Wheels, Star Trackers, SolAero Solar Power Solutions, Motorized Lightband, Canisterized Spacecraft Dispensers (CSD), Optical Systems

Customers

Aerospace prime contractors, Satellite constellation operators, National security agencies, Research institutions

Segment Financials

Launch Services — Revenue

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Launch Services — Total cost of revenues

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Launch Services — Total revenues

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Space Systems — Revenue

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Space Systems — Total cost of revenues

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Space Systems — Total revenues

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Business Overview

Competitive Position

A leading provider of small-launch services with significant flight heritage and the second most frequently launched orbital rocket in 2025.

Geographies

United States, New Zealand, Canada

Customer Segments

Government, Commercial, Military

Upstream Dependencies

Carbon composite raw materials, 3D printing equipment, Lithium polymer battery cells, Electronic components

Downstream Customers

NASA, U.S. Department of War, Commercial satellite operators, Telecommunications companies, Earth observation firms

Competitors & Partners

Partners

N

NASA

Launch services customer and provider of Wallops Flight Facility infrastructure

BlackSky Technology logo

BlackSky Technology

BKSY

Commercial spacecraft operator and launch customer

Planet Labs logo

Planet Labs

PL

Commercial spacecraft operator and launch customer

C

Capella Space

Commercial spacecraft operator and launch customer

K

Kinéis

Commercial spacecraft operator and launch customer

O

OHB Group

Commercial spacecraft operator and launch customer

S

Synspective

Commercial spacecraft operator and launch customer

Subsidiaries

S

Sinclair Interplanetary

Spacecraft components manufacturer acquired in 2020

A

Advanced Solutions, Incorporated

Spacecraft software and engineering firm acquired in 2021

P

Planetary Systems Corporation

Separation systems manufacturer acquired in 2021

S

SolAero Technologies Corp.

Space solar power provider acquired in 2022

G

GEOST LLC

Optical systems and sensor provider acquired in 2025

Rocket Lab USA, Inc. logo

Rocket Lab USA, Inc. FAQ

Common questions about Rocket Lab USA, Inc.

Rocket Lab is an end-to-end space company that provides launch services, spacecraft design, and satellite component manufacturing. The company specializes in frequent, reliable access to orbit through its proprietary launch vehicles and vertically integrated space systems, supporting commercial, civil, and defense missions. Its value proposition centers on reducing the cost and time-to-market for space-based infrastructure and exploration.

Rocket Lab USA, Inc. (RKLB) has a market capitalization of $61.0B and trades on NASDAQ.

Rocket Lab USA, Inc. generated $679.6M in trailing twelve-month revenue with a net loss of $182.6M, representing a net margin of -26.9%. Gross margin stands at 36.6%, with free cash flow of -$316.3M. These figures are based on the Q1 2026 filing.

Rocket Lab USA, Inc.'s key competitors include Northrop Grumman, Lockheed Martin Corp., Parker-Hannifin Corporation. These companies compete in similar markets and product categories.

Rocket Lab USA, Inc. has approximately 1,650 employees.