Income StatementBalance SheetCash FlowSegments
Rocket Lab USA, Inc. logo

Rocket Lab USA, Inc. Income Statement

Revenue, expenses, and profitability over time

Rocket Lab USA, Inc. generated $679.6M in trailing twelve-month revenue, up 0.5% year-over-year. Net income was -$182.6M with a -26.87% net margin. Gross margin stands at 36.56% and operating margin at -33.2%. Diluted EPS is $-0.32, which grew 0.2% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$679.6MGross Profit (TTM)$248.4MOperating Income (TTM)-$225.6MNet Income (TTM)-$182.6MEps Diluted (TTM)$-0.32
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$61.0B
ROE-13.55%

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Foreign Currency Transaction Gain (Loss)—-$134.0K-$489.0K$388.0K-$228.0K$156.0K
Other Charges$1.3M$479.0K-$977.0K-$177.0K$5.1M$124.0K
Interest expense$6.5M$6.8M———$1.3M
Other income (expense), net—-$2.2M-$3.8M-$379.0K$9.4M$9.2M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$-0.11$-0.12$-0.13$-0.03$-0.09$-0.07
Diluted earnings per share$-0.11$-0.12$-0.13$-0.03$-0.09$-0.07
Weighted-average shares, basic—505.6M515.1M528.7M—605.4M
Weighted-average shares, diluted—505.6M515.1M528.7M—605.4M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$36.8M$35.2M$46.4M$57.3M$68.2M$76.5M
Operating income-$51.5M-$59.2M-$59.6M-$59.0M-$51.0M-$56.0M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes-$51.7M-$61.4M-$63.5M-$59.3M-$41.6M-$46.8M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$675.0K-$813.0K$2.9M-$41.1M—-$1.8M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income-$52.3M-$60.6M-$66.4M-$18.3M-$52.9M-$45.0M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Research and development$48.3M$55.1M$66.1M$70.7M$78.8M$80.5M
Selling, general and administrative$40.1M$39.3M$39.9M$45.6M$40.5M$51.9M
Total operating expenses$88.4M$94.4M$106.0M$116.3M$119.3M$132.5M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$95.6M$87.3M$98.1M$97.8M$111.4M$123.9M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$132.4M$122.6M$144.5M$155.1M$179.7M$200.3M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Comprehensive Income (Loss), Net of Tax, Attributable to Parent-$57.5M-$60.2M-$63.3M-$21.0M-$52.8M-$46.0M
Investment and other (expense) income, net$5.6M$4.2M———$10.1M
Foreign currency translation gains (losses)-$4.8M$376.0K$3.1M-$3.0M$140.0K-$381.0K
Net unrealized gains (losses) on securities still held—$59.0K-$20.0K$219.0K—-$625.0K