Business Segments · Total cost of revenues

Space Systems — Total cost of revenues

Rocket Lab USA, Inc. Space Systems — Total cost of revenues increased by 23.5% to $88.42M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 50.0%, from $58.95M to $88.42M. Over 4 years (FY 2021 to FY 2025), Space Systems — Total cost of revenues shows an upward trend with a 127.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ3 2020
Last reportedQ1 2026

How to read this metric

An increase relative to revenue suggests rising production costs or inefficiencies, while a decrease may indicate improved manufacturing scale or lower supply chain expenses.

Detailed definition

This represents the aggregate direct costs incurred to design, manufacture, and deliver space systems, including satelli...

Peer comparison

Comparable to cost of goods sold (COGS) for aerospace and defense hardware segments at competitors like Northrop Grumman or Maxar.

Metric ID: rklb_segment_space_systems_total_cost_of_revenues

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$988.00K$1.22M$7.18M$29.62M$29.10M$30.77M$34.88M$28.16M$30.00M$37.16M$34.04M$44.28M$57.50M$61.82M$65.67M$58.95M$65.68M$80.60M$71.61M$88.42M
QoQ Change+23.2%+490.2%+312.4%-1.8%+5.8%+13.3%-19.3%+6.5%+23.9%-8.4%+30.1%+29.9%+7.5%+6.2%-10.2%+11.4%+22.7%-11.2%+23.5%
YoY Change>999%>999%+385.5%-4.9%+3.1%+20.8%-2.4%+57.3%+91.7%+66.4%+92.9%+33.1%+14.2%+30.4%+9.0%+50.0%
Range$988.00K$88.42M
CAGR+157.6%
Avg YoY Growth+382.5%
Median YoY Growth+41.6%

Frequently Asked Questions

What is Rocket Lab USA, Inc.'s space systems — total cost of revenues?
Rocket Lab USA, Inc. (RKLB) reported space systems — total cost of revenues of $88.42M in Q1 2026.
How has Rocket Lab USA, Inc.'s space systems — total cost of revenues changed year-over-year?
Rocket Lab USA, Inc.'s space systems — total cost of revenues increased by 50.0% year-over-year, from $58.95M to $88.42M.
What is the long-term trend for Rocket Lab USA, Inc.'s space systems — total cost of revenues?
Over 4 years (2021 to 2025), Rocket Lab USA, Inc.'s space systems — total cost of revenues has grown at a 127.7% compound annual growth rate (CAGR), from $10.30M to $276.85M.
What does space systems — total cost of revenues mean?
The total direct expenses required to produce and deliver the company's space systems and satellite products.