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Rocket Lab USA, Inc. RKLB Launch Services — Total cost of revenues

Other segment segments

Space Systems
$88.42M+50.0%

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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:CostOfRevenue.

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 — total cost of revenues?
Rocket Lab USA, Inc. (RKLB) reported launch services — total cost of revenues of $35.44M in Q1 2026.
How has Rocket Lab USA, Inc.'s launch services — total cost of revenues changed year-over-year?
Rocket Lab USA, Inc.'s launch services — total cost of revenues increased by 24.9% year-over-year, from $28.38M to $35.44M.
What is the long-term trend for Rocket Lab USA, Inc.'s launch services — total cost of revenues?
Over 4 years (2021 to 2025), Rocket Lab USA, Inc.'s launch services — total cost of revenues has grown at a 21.6% compound annual growth rate (CAGR), from $53.83M to $117.77M.
What does launch services — total cost of revenues mean?
This metric represents the total direct costs incurred to provide launch services, including manufacturing, labor, materials, and launch site operations. It captures the variable and fixed expenses directly attributable to delivering payloads to orbit for commercial and government clients. Monitoring this helps evaluate the operational efficiency and cost-to-serve for space launch activities.