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Rocket Lab USA, Inc. logo

Rocket Lab USA, Inc. Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Rocket Lab USA, Inc. holds $2.8B in total assets. Shareholders' equity is $2.3B against $101.8M in total debt. Cash and equivalents total $1.2B. The current ratio is 4.47 and debt-to-equity is 0.045. Based on the Q1 2026 filing.

Total Assets$2.8BTotal Stockholders Equity$2.3BLong Term Debt$1.7MCash And Equivalents$1.2BTotal Current Assets$1.8BTotal Current Liabilities$402.3M
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$71.7B
ROE-13.55%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$53.1M$70.2M$71M$61.2M$72.7M$63.1M
Accrued Manufacturing Costs$20.8M$22M$23.9M$82.2M$25.8M$40.7M
Other Commercial Liabilities$19.5M$12.1M$23.2M$18M$19.3M$33.5M
Accrued Liabilities, Current$19.5M$12.1M$23.2M$18M$19.3M$33.5M
Compensation and benefits$20.8M$22M$23.9M$82.2M$25.8M$40.7M
Other accrued liabilities$18M$16.5M$18.4M$27.8M$21.2M$23.6M
Deferred revenue$216.2M$206.9M$223.4M$208.2M$195.4M$241.4M
Finance Lease Liability, Current$268K———$317K—
Operating lease liabilities, current$6.2M———$10.8M—
Total current liabilities$339.5M$348.1M$376.5M$414.5M$334.5M$402.3M

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$4.2M$6.5M$8.7M$4.5M$6.8M$9M
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)—$331.8M$614.4M$860.9M—$1.3B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value—$61.6M$34.3M$16.1M—$146.2M
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value—$61.6M$34.3M$16.1M—$146.2M
Cash and cash equivalents$275.3M$308.3M$569M$812.7M$833.5M$1.2B
Contract assets$63.1M$60.9M$51.9M$52.8M$61.6M$75M
Short- term Investments$147.9M$125.2M$124.1M$168.9M$187.9M$177.9M
Other current assets$5M$5.6M$9.1M$15.8M$9.8M$9.6M
Finished goods$8M$10.8M$8.3M$8.5M$13M$14.1M
Work in process$60.5M$52.9M$55M$70M$68.7M$76.1M
Inventories$119.1M$125.6M$130.2M$145M$158.4M$183.1M
Prepaid expenses and other current assets$55M$70.5M$74M$82.8M$90M$83.9M
Restricted cash$4.3M$5.1M$4.9M$4.8M$4.9M$5.5M
Short-term investments$147.9M$125.2M$124.1M$168.9M$187.9M$177.9M
Total current assets$692.6M$724.9M$1B$1.3B$1.4B$1.8B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$1.2B$1.3B$1.6B$2.2B$2.7B$3.3B
Accumulated other comprehensive income (loss)-$2.8M-$2.4M$705K-$2.1M-$2M-$3M
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March&#160;31, 2026 and December&#160;31, 2025, respectively$50K$46K$48K$50K$54K$58K
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0$5K$5K$5K$5K$5K
Retained earnings-$813.7M-$874.3M-$940.7M-$959M-$1B-$1.1B
Total liabilities and stockholders' equity$1.2B$1.3B$1.6B$2.2B$2.3B$2.8B
Total stockholders' equity$382.5M$431.3M$688.5M$1.3B$1.7B$2.3B
Treasury stock$0$0$0$0$0$0

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cumulative Cost Basis$260.4M$415.6M$675.4M$906.9M$410.3M$1.4B
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax—$44K$30K$4K—$346K
Gross Unrealized Gains—$281K$247K$440K—$116K
Total—$415.6M$675.4M$906.9M—$1.4B
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One—$331.8M$614.4M$860.9M—$1.3B
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One—$331.9M$614.5M$861.2M—$1.3B
Available for sale investments—$415.8M$675.7M$907.4M—$1.4B
Business Combination, Contingent Consideration, Liability, Noncurrent————$7.6M$7.8M
Cash And Cash Equivalents And Marketable Securities$479.7M$512.3M$749.3M$1B$1.1B$1.5B
Common stock, par value (in dollars per share)$0.00$0.00$0.00$0.00$0.00$0.00
Common stock, shares authorized (in shares)2.5B2.5B2.5B2.5B2.5B2.5B
Common stock, shares issued (in shares)504.5M511.5M525.3M542.2M589.5M621.7M
Common Stock, Shares, Outstanding504.5M460.5M479.3M496.2M543.6M575.8M
Contract with Customer, Asset, after Allowance for Credit Loss$63.1M$60.9M$51.9M$52.8M$61.6M$75M
Contract with Customer, Liability$216.2M$223.4M$223.4M$208.2M$195.4M$241.4M
Accounts receivable$36.4M$39.4M$61.8M$59.1M$39M$75M
Due within one to two years—$83.8M$61M$46M—$93.7M
Less than 12 months—$61.6M$34.3M$16.1M—$146.2M
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss—$42K$30K$3K—$346K
Due within one to two years—$83.9M$61.2M$46.2M—$93.5M
Deferred income taxes$891K$1M$1.2M$3M$1.2M$1.4M
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value$0——$18.3M$7.6M$7.8M
Current maturities of long-term debt$268K———$317K—
Finance Lease, Right-of-Use Asset, after Accumulated Amortization$14.4M$14.3M$14.1M$14M$13.9M$13.8M
Accrue at a fixed rate—————9.5%
Finite-Lived Intangible Assets, Accumulated Amortization$44.5M$47.2M$50.1M$55.1M$62.6M$70M
2028—$9.2M$9.3M$28.7M—$28.1M
2030—$6M$6M$25.3M—$22.1M
Thereafter—$14.4M$14.4M$112.5M—$92.1M
Remainder of 2026—$7.7M$5.3M$7.7M—$22.7M
2027—$10.2M$10.3M$29.7M—$29.2M
2029—$8.2M$8.2M$27.6M—$25.9M
Receivable from credits from ARPA$7.8M$15.7M$13.8M$4.2M$15.6M$16.2M
Indefinite- lived intangible impairment$103.1M$103.4M$104M$287.1M$287.3M$290.6M
Raw materials$50.7M$62M$66.9M$66.5M$76.7M$93M
Marketable Securities—$209.2M$185.2M$215.1M—$271.3M
Number of quarterly payments—12.0012.0012.00—12.00
Preferred Stock Liquidation Preference—$0.00————
Preferred Stock, Par or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Preferred Stock, Shares Authorized100M100M100M100M100M100M
Preferred Stock, Shares Issued051M46M46M46M46M
Preferred Stock, Shares Outstanding051M46M46M46M46M
Prepaid expenses$38M$42.7M$42.5M$58.3M$57.7M$49M
Provision for contract loss—$6.2M$6M$5.4M—$4.8M
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied—$1.1B$995.4M$1.1B—$2.2B
RPO percentage—56.0%58.0%57.0%—36.0%
Sale of stock, price per share (in dollars per share)—————$0.00
Treasury stock, shares (in shares)051M46M46M46M46M
Remainder of Fiscal Year 2024—$7.7M$5.3M$7.7M—$22.7M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Tax Assets and Other Non-Current Assets$31.2M$29.7M$19.5M$21.4M$15.7M$41.7M
Goodwill$71M$71M$71M$217.7M$205.8M$208.7M
Investments - Amortized Cost Basis—$415.6M$675.4M$906.9M—$1.4B
Net Investment in Lease$53.7M$52.1M$70.7M$90.8M$90.4M$90.9M
Deferred tax assets$3M$3.8M$2.1M$0$1.9M$849K
Intangible assets &#8212; net—$55.7M$53.4M$231.5M—$220.1M
Other intangible assets&#8212;net$58.6M$56.2M$53.9M$232M$224.7M$220.6M
Long- term Investments$60.7M$83.9M$61.2M$46.2M$82.2M$93.5M
Operating lease right-of-use assets$53.7M$52.1M$70.7M$90.8M$90.4M$90.9M
Other non-current assets$31.2M$29.7M$19.5M$21.4M$15.7M$41.7M
Property, plant and equipment at cost$260.4M$285.4M$328.5M$361.7M$410.3M$441.2M
Operating Lease Right-of-Use Assets in Other Assets$53.7M$52.1M$70.7M$90.8M$90.4M$90.9M
Accumulated depreciation$65.6M$71.5M$78.7M$83.7M$90.9M$97.2M
Property and equipment, net$194.8M$214M$249.8M$278M$319.5M$344M
Software and Technology Licenses, Net$31.2M$29.7M$19.5M$21.4M$15.7M$41.7M
Total assets$1.2B$1.3B$1.6B$2.2B$2.3B$2.8B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Finance lease liabilities$15M$14.9M$14.8M$14.7M$14.7M$14.6M
Finance Lease Liabilities (Total)$15.2M———$15M—
Long-term debt$44M$57.7M$53.7M$51.3M$1.7M$1.7M
Operating lease liabilities, non-current$52M$50.6M$66.6M$86.5M$85.2M$85.5M
Operating Lease Liabilities (Total)$58.1M———$96M—
Other non-current liabilities$5.1M$5.3M$5.5M$23.4M$13M$13.2M
Total liabilities$801.9M$823.7M$864.7M$940.4M$7.6M$7.8M