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Rocket Lab USA, Inc.

RKLB

Rocket Lab is an end-to-end space company that provides launch services, spacecraft design, and satellite component manufacturing.

Market cap
$50.42B+202%
Revenue$679.6M+45.8%
Net income-$182.6M+11.6%
Free cash flow-$316.3M-78.6%
EPS (diluted)-$0.32+20.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (in a month)
Revenue estimate$231.6M
EPS estimate-$0.05

Financials

Q1 2026

Income statement

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Revenue$200.3M+63.5%
Gross profit$76.5M+117%
Operating income-$56.0M+5.4%
Net income-$45.0M+25.7%
EPS (diluted)-$0.07+41.7%

Balance sheet

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Cash & equivalents$1.2B+293%
Total debt$101.8M-29.2%
Total equity$2.3B+425%
Total assets$2.8B+125%

Cash flow

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Operating cash flow-$50.3M+7.2%
CapEx$27.1M-5.6%
Free cash flow-$77.4M+6.6%

Valuation & ratios

Valuation

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Market cap$50.42B+202%
Enterprise value$49.31B+260%
P/S74.2×+44.4×

Profitability

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Gross margin36.6%+9.3pp
Operating margin-33.2%-6.6pp
Net margin-26.9%-7.6pp
FCF margin-46.5%+13.5pp

Returns & leverage

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Return on equity-13.5%-5.6pp
Debt / equity-0.3×
Current ratio4.5×+2.4×

Segments

By segment

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Space Systems$136.7M+57.2%
Launch Services$63.7M+78.9%

Competitors

Profile

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.

Competitive position

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

GeographiesUnited States, New Zealand, Canada
Customer segmentsGovernment, Commercial, Military
Business modelManufacturing, Service Provider, Spacecraft-as-a-Service
SuppliersCarbon composite raw materials, 3D printing equipment, Lithium polymer battery cells, Electronic components
CustomersNASA, U.S. Department of War, Commercial satellite operators, Telecommunications companies, Earth observation firms
Listed2021
Employees1.7K
CEOSir Peter Beck
FilingsSEC EDGAR

Questions, answered.

What is Rocket Lab USA, Inc.'s market cap?
Rocket Lab USA, Inc. (RKLB) has a market capitalization of $50.4B and trades on NASDAQ.
What is Rocket Lab USA, Inc.'s revenue and profitability?
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.
Who are Rocket Lab USA, Inc.'s competitors?
Rocket Lab USA, Inc.'s key competitors include Northrop Grumman, Redwire Corporation, Intuitive Machines, Inc. Class A Common Stock, and others. These companies compete in similar markets and product categories.
Who does Rocket Lab USA, Inc. partner with?
Rocket Lab USA, Inc.'s notable partners include NASA, BlackSky Holdings, Planet, and others.
What subsidiaries does Rocket Lab USA, Inc. have?
Rocket Lab USA, Inc.'s subsidiaries include Sinclair Interplanetary, Advanced Solutions, Incorporated, Planetary Systems Corporation, and others.
Where is Rocket Lab USA, Inc. headquartered?
Rocket Lab USA, Inc. is headquartered in United States of America and employs approximately 1,650 people. It has been publicly traded since 2021.