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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$71.7B
ROE-13.55%

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Foreign Currency Transaction Gain (Loss)—-$134K-$489K$388K-$228K$156K
Unrealized Foreign Currency Transaction Gain (Loss)—-$134K-$489K$388K-$228K$156K
Foreign Currency Transaction Gain (Loss)—-$134K-$489K$388K-$228K$156K
Foreign exchange gains (losses)—-$134K-$489K$388K-$228K$156K
Foreign Currency Transaction Gain (Loss), Pre-tax—-$134K-$489K$388K-$228K$156K
Other Charges$1.3M$479K-$977K-$177K$5.1M$124K
Foreign Currency Transaction Gain (Loss)—-$134K-$489K$388K-$228K$156K
Interest expense$6.5M$6.8M———$1.3M
Foreign currency transaction gain (loss)—-$134K-$489K$388K-$228K$156K
Foreign Currency Transaction Gain (Loss), Before Tax—-$134K-$489K$388K-$228K$156K
Other income (expense), net—-$2.2M-$3.8M-$379K$9.4M$9.2M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other comprehensive income (loss), net of tax-$4.8M$376K$3.1M-$3M$140K-$381K
OCI Unrealized Holding Gain (Loss) on Securities, Net of Tax—$59K-$20K$219K—-$625K
Unrealized Gain (Loss) on Securities—$59K-$20K$219K—-$625K
OCI Unrealized Holding Gain (Loss) on Securities, Net of Tax—$59K-$20K$219K—-$625K
Comprehensive Income (Loss), Net of Tax, Attributable to Parent-$57.5M-$60.2M-$63.3M-$21M-$52.8M-$46M
Gain (Loss), Foreign Currency Transaction, before Tax—-$134K-$489K$388K-$228K$156K
Accrued liabilities$6.1M-$2.7M$6.7M-$1.4M-$4.6M$10.8M
Investment and other (expense) income, net$5.6M$4.2M———$10.1M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation$183K$115.5M$290.5M$475.7M$189.5M$463.3M
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$17.9M-$28.6M-$7.4M-$207.2M-$104.1M-$35.7M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation-$2.4M-$54.2M-$23.2M-$23.5M-$64.5M-$50.3M
Foreign currency translation gains (losses)-$4.8M$376K$3.1M-$3M$140K-$381K
Net unrealized gains (losses) on securities still held—$59K-$20K$219K—-$625K
Payments Of Stock Issuance Costs$0$2.1M$7.4M$10.6M$6.4M$4.7M
Proceeds from Issuance of Common Stock$0$92.8M$303.8M$468.8M$280.6M$450.3M
Revenue From Contract With Customer Excluding Assessed Tax$132.4M$122.6M$144.5M$155.1M$179.7M$200.3M
Foreign Currency Translation Adjustment, Net of Tax-$4.8M$376K$3.1M-$3M$140K-$381K
Other Comprehensive Income (Loss)-$57.5M-$60.2M-$63.3M-$21M-$52.8M-$46M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$-0.10$-0.12$-0.13$-0.03$-0.09$-0.07
Diluted earnings per share$-0.10$-0.12$-0.13$-0.03$-0.09$-0.07
Weighted-average shares, basic495.9M505.6M515.1M528.7M530.7M605.4M
Weighted-average shares, diluted495.9M505.6M515.1M528.7M530.7M605.4M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$36.8M$35.2M$46.4M$57.3M$68.2M$76.5M

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$675K-$813K$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-$45M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other operating expenses$88.4M$94.4M$106M$116.3M$119.3M$132.5M
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$106M$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