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Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue$200.3M+63.5%
Gross profit$76.5M+117%
Operating income-$56.0M+5.4%
Net income-$45.0M+25.7%
EPS (diluted)-$0.07+41.7%

Balance sheet

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Cash & equivalents$1.2B+293%
Total debt$101.8M-29.2%
Total equity$2.3B+425%
Total assets$2.8B+125%

Cash flow

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Operating cash flow-$50.3M+7.2%
CapEx$27.1M-5.6%
Free cash flow-$77.4M+6.6%

Valuation

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Market cap$67.01B+351%
Enterprise value$65.9B+346%
P/S98.6×+66.7×

Profitability

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Gross margin36.6%+9.3pp
Operating margin-33.2%-6.6pp
Net margin-26.9%-7.6pp
FCF margin-46.5%+13.5pp

Returns & leverage

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Return on equity-13.5%-5.6pp
Debt / equity-0.3×
Current ratio4.5×+2.4×

Where this comes from

Calculated from Rocket Lab USA, Inc.’s reported figures.

$56.0Mebit+
$15.0MDepreciation Depletion & Amortization
=-$40.98M

The official record: Rocket Lab USA, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rocket Lab USA, Inc.'s EBITDA?
Rocket Lab USA, Inc. (RKLB) reported EBITDA of -$40.98M in Q1 2026.
How has Rocket Lab USA, Inc.'s EBITDA changed year-over-year?
Rocket Lab USA, Inc.'s EBITDA increased by 18.8% year-over-year, from -$50.48M to -$40.98M.
What is the long-term trend for Rocket Lab USA, Inc.'s EBITDA?
Over 4 years (2021 to 2025), Rocket Lab USA, Inc.'s EBITDA has grown at a 23.0% compound annual growth rate (CAGR), from -$80.84M to -$184.9M.
What does EBITDA mean?
Operating cash profit before interest, taxes, and non-cash charges.
How do you interpret EBITDA?
Higher is better and widely used to value capital-intensive businesses, but it ignores the real cost of capex — pair it with free cash flow. (Defined as EBIT + D&A so EBITDA = EBIT + D&A holds exactly.)
How does EBITDA compare across companies?
Standard cross-company operating-profit proxy for non-financials; not meaningful for banks and insurers.