Investing

CapEx

Rocket Lab USA, Inc. CapEx decreased by 45.5% to $27.07M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.6%, from $28.68M to $27.07M. Over 3 years (FY 2022 to FY 2025), CapEx shows an upward trend with a 54.5% CAGR.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.

Detailed definition

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...

Peer comparison

Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.

Metric ID: cf_capital_expenditures

Historical Data

18 periods
 Q2 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.65M$6.24M$12.83M$8.35M$14.99M$12.67M$10.57M$21.05M$10.41M$19.18M$15.34M$11.02M$21.55M$28.68M$32.04M$45.91M$49.65M$27.07M
QoQ Change+277.6%+105.5%-34.9%+79.6%-15.5%-16.6%+99.1%-50.5%+84.1%-20.0%-28.2%+95.6%+33.0%+11.7%+43.3%+8.2%-45.5%
YoY Change+676.0%+103.0%-17.6%+152.1%-30.5%+51.3%+45.1%-47.7%+107.0%+49.5%+108.8%+316.7%+130.4%-5.6%
Range$1.65M$49.65M
CAGR+93.1%
Avg YoY Growth+117.0%
Median YoY Growth+77.2%

Frequently Asked Questions

What is Rocket Lab USA, Inc.'s capex?
Rocket Lab USA, Inc. (RKLB) reported capex of $27.07M in Q1 2026.
How has Rocket Lab USA, Inc.'s capex changed year-over-year?
Rocket Lab USA, Inc.'s capex decreased by 5.6% year-over-year, from $28.68M to $27.07M.
What is the long-term trend for Rocket Lab USA, Inc.'s capex?
Over 3 years (2022 to 2025), Rocket Lab USA, Inc.'s capex has grown at a 54.5% compound annual growth rate (CAGR), from $42.41M to $156.29M.
What does capex mean?
The money spent on long-term physical assets like machinery, data centers, and office buildings.