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Rocket Lab USA, Inc. RKLB Launch Services — Revenue

Other segment segments

Space Systems
$136.69M+57.2%

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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$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

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

Where this comes from

Reported directly by Rocket Lab USA, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 launch services — revenue?
Rocket Lab USA, Inc. (RKLB) reported launch services — revenue of $63.66M in Q1 2026.
How has Rocket Lab USA, Inc.'s launch services — revenue changed year-over-year?
Rocket Lab USA, Inc.'s launch services — revenue increased by 78.9% year-over-year, from $35.59M to $63.66M.
What is the long-term trend for Rocket Lab USA, Inc.'s launch services — revenue?
Over 4 years (2021 to 2025), Rocket Lab USA, Inc.'s launch services — revenue has grown at a 50.3% compound annual growth rate (CAGR), from $38.97M to $199.04M.
What does launch services — revenue mean?
This metric represents the total revenue generated from the company's dedicated launch services, including the deployment of satellites and spacecraft into orbit using proprietary launch vehicles. It reflects the commercial success and operational throughput of the company's primary space access business line. This revenue stream is driven by contract volume, launch frequency, and the pricing power of the company's launch platforms within the aerospace sector.