What is Rocket Lab USA, Inc.'s gross profit?

Rocket Lab USA, Inc. (RKLB) reported gross profit of $76.49M in Q1 2026.

How has Rocket Lab USA, Inc.'s gross profit changed year-over-year?

Rocket Lab USA, Inc.'s gross profit increased by 117.0% year-over-year, from $35.25M to $76.49M.

What is the long-term trend for Rocket Lab USA, Inc.'s gross profit?

Over 3 years (2022 to 2025), Rocket Lab USA, Inc.'s gross profit has grown at a 121.8% compound annual growth rate (CAGR), from $18.99M to $207.18M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Rocket Lab USA, Inc. RKLB Gross Profit

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Segments

By segment

See full

Space Systems$48.27M+72.2%

Launch Services$28.22M+291%

By product

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Service revenues$30.09M+262%

Other financials

Income statement

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Revenue$200.3M+63.5%

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$50.42B+264%

Enterprise value$49.31B+260%

P/S74.2×+44.4×

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

See full

Return on equity-13.5%-5.6pp

Debt / equity0×-0.3×

Current ratio4.5×+2.4×

Where this comes from

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

$200.3Mtotal revenue−$123.9Mtotal cost of revenue=$76.49M

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 gross profit?: Rocket Lab USA, Inc. (RKLB) reported gross profit of $76.49M in Q1 2026.
How has Rocket Lab USA, Inc.'s gross profit changed year-over-year?: Rocket Lab USA, Inc.'s gross profit increased by 117.0% year-over-year, from $35.25M to $76.49M.
What is the long-term trend for Rocket Lab USA, Inc.'s gross profit?: Over 3 years (2022 to 2025), Rocket Lab USA, Inc.'s gross profit has grown at a 121.8% compound annual growth rate (CAGR), from $18.99M to $207.18M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.