Discontinued — last reported Q3 '23
Contract Assets
Rocket Lab USA, Inc. Contract Assets increased by 21.8% to $75.04M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.1%, from $60.94M to $75.04M. Over 5 years (FY 2020 to FY 2025), Contract Assets shows an upward trend with a 97.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong project progress or service delivery ahead of billing cycles; a decrease may indicate slower project completion or faster billing.
Detailed definition
This represents the entity's right to consideration in exchange for goods or services that the entity has transferred to...
Peer comparison
Standard for companies with long-term service or construction-type contracts.
contract_assetsHistorical Data
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $73.00K | $2.49M | $5.85M | $4.39M | $9.06M | $9.45M | $12.56M | $16.71M | $13.04M | $12.95M | $14.90M | $18.74M | $49.46M | $63.11M | $60.94M | $51.92M | $52.79M | $61.61M | $75.04M |
| QoQ Change | — | >999% | +135.1% | -24.9% | +106.3% | +4.3% | +32.9% | +33.1% | -22.0% | -0.7% | +15.0% | +25.8% | +163.9% | +27.6% | -3.4% | -14.8% | +1.7% | +16.7% | +21.8% |
| YoY Change | — | — | — | — | >999% | +279.6% | +114.6% | +280.5% | +43.9% | +37.0% | +18.6% | +12.1% | +279.2% | +387.3% | +309.2% | +177.0% | +6.7% | -2.4% | +23.1% |
Contract Assets at Other Companies
Frequently Asked Questions
- What is Rocket Lab USA, Inc.'s contract assets?
- Rocket Lab USA, Inc. (RKLB) reported contract assets of $75.04M in Q1 2026.
- How has Rocket Lab USA, Inc.'s contract assets changed year-over-year?
- Rocket Lab USA, Inc.'s contract assets increased by 23.1% year-over-year, from $60.94M to $75.04M.
- What is the long-term trend for Rocket Lab USA, Inc.'s contract assets?
- Over 5 years (2020 to 2025), Rocket Lab USA, Inc.'s contract assets has grown at a 97.6% compound annual growth rate (CAGR), from $2.05M to $61.61M.
- What does contract assets mean?
- Revenue earned for work performed but not yet billed to the customer.