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Operating

Noncash lease expense

Rocket Lab USA, Inc. Noncash lease expense increased by 20.9% to $2.8M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 84.1%, from $1.52M to $2.8M. Over 3 years (FY 2022 to FY 2025), Noncash lease expense shows an upward trend with a 37.3% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026May 7, 2026

How to read this metric

Changes reflect shifts in the company's lease portfolio and the accounting valuation of long-term rental commitments.

Detailed definition

This represents the portion of lease expenses that does not result in an immediate cash outflow, typically associated wi...

Peer comparison

Standard for companies with significant physical office or manufacturing facility footprints.

Metric ID: operating_noncash_contribution_expense

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$799.75K$799.75K$799.75K$799.75K$988K$1.04M$2.04M$1.73M$1.49M$1.47M$1.48M$1.51M$1.52M$2.05M$2.41M$2.31M$2.8M
QoQ Change+0.0%+0.0%+0.0%+23.5%+5.1%+96.1%-15.3%-13.6%-1.5%+0.7%+2.4%+0.3%+34.7%+17.8%-4.0%+20.9%
YoY Change+23.5%+29.8%+154.6%+115.7%+50.9%+41.4%-27.4%-12.2%+1.9%+39.4%+63.1%+52.8%+84.1%
Range$799.75K$2.8M
CAGR+36.8%
Avg YoY Growth+47.5%
Median YoY Growth+41.4%

Frequently Asked Questions

What is Rocket Lab USA, Inc.'s noncash lease expense?
Rocket Lab USA, Inc. (RKLB) reported noncash lease expense of $2.8M in Q1 2026.
How has Rocket Lab USA, Inc.'s noncash lease expense changed year-over-year?
Rocket Lab USA, Inc.'s noncash lease expense increased by 84.1% year-over-year, from $1.52M to $2.8M.
What is the long-term trend for Rocket Lab USA, Inc.'s noncash lease expense?
Over 3 years (2022 to 2025), Rocket Lab USA, Inc.'s noncash lease expense has grown at a 37.3% compound annual growth rate (CAGR), from $3.2M to $8.29M.
What does noncash lease expense mean?
The non-cash portion of lease costs recognized under accounting rules.