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Rocket Lab USA, Inc. RKLB Space Systems — Gross Profit

Other segment segments

Launch Services
$28.22M+291%

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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 space systems — gross profit?
Rocket Lab USA, Inc. (RKLB) reported space systems — gross profit of $48.27M in Q1 2026.
How has Rocket Lab USA, Inc.'s space systems — gross profit changed year-over-year?
Rocket Lab USA, Inc.'s space systems — gross profit increased by 72.2% year-over-year, from $28.03M to $48.27M.
What is the long-term trend for Rocket Lab USA, Inc.'s space systems — gross profit?
Over 4 years (2021 to 2025), Rocket Lab USA, Inc.'s space systems — gross profit has grown at a 76.5% compound annual growth rate (CAGR), from $12.96M to $125.91M.
What does space systems — gross profit mean?
This metric measures the profitability of the Space Systems segment by subtracting the direct costs of revenue from the total revenue generated by this specific business unit. It reflects the core margin performance of the company's satellite and spacecraft manufacturing operations before accounting for corporate overhead, R&D, or administrative expenses. It is a key indicator of the segment's pricing power and operational efficiency in the space hardware market.