Operating Expenses

R&D

Rocket Lab USA, Inc. R&D increased by 2.2% to $80.51M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 46.1%, from $55.11M to $80.51M. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 59.6% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ3 2020
Last reportedQ1 2026May 7, 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$8.53M$14.19M$11.97M$13.48M$19.17M$17.51M$15.02M$23.91M$31.04M$26.63M$37.49M$38.50M$39.91M$47.72M$48.26M$55.11M$66.13M$70.69M$78.78M$80.51M
QoQ Change+66.4%-15.7%+12.6%+42.2%-8.6%-14.2%+59.2%+29.8%-14.2%+40.8%+2.7%+3.7%+19.6%+1.1%+14.2%+20.0%+6.9%+11.4%+2.2%
YoY Change+124.7%+23.4%+25.5%+77.4%+61.9%+52.1%+149.6%+61.1%+28.6%+79.2%+28.7%+43.1%+65.7%+48.1%+63.3%+46.1%
Range$8.53M$80.51M
CAGR+60.4%
Avg YoY Growth+61.2%
Median YoY Growth+56.6%
Current Streak10 quarters growth

Frequently Asked Questions

What is Rocket Lab USA, Inc.'s r&d?
Rocket Lab USA, Inc. (RKLB) reported r&d of $80.51M in Q1 2026.
How has Rocket Lab USA, Inc.'s r&d changed year-over-year?
Rocket Lab USA, Inc.'s r&d increased by 46.1% year-over-year, from $55.11M to $80.51M.
What is the long-term trend for Rocket Lab USA, Inc.'s r&d?
Over 4 years (2021 to 2025), Rocket Lab USA, Inc.'s r&d has grown at a 59.6% compound annual growth rate (CAGR), from $41.76M to $270.72M.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.