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Rocket Lab USA, Inc. RKLB Product revenues — Gross Profit

Other product segments

Service revenues
$30.09M+262%

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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:GrossProfit.

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 product revenues — gross profit?
Rocket Lab USA, Inc. (RKLB) reported product revenues — gross profit of $46.4M in Q1 2026.
How has Rocket Lab USA, Inc.'s product revenues — gross profit changed year-over-year?
Rocket Lab USA, Inc.'s product revenues — gross profit increased by 72.3% year-over-year, from $26.94M to $46.4M.
What is the long-term trend for Rocket Lab USA, Inc.'s product revenues — gross profit?
Over 3 years (2022 to 2025), Rocket Lab USA, Inc.'s product revenues — gross profit has grown at a 61.7% compound annual growth rate (CAGR), from $28.11M to $118.77M.
What does product revenues — gross profit mean?
This metric represents the profit remaining from product revenues after deducting the direct costs of manufacturing and delivering space hardware and launch services. It serves as a primary indicator of the profitability of the company's core hardware business before accounting for operating expenses. It reflects the company's ability to price its space products effectively relative to its production costs.