Rocket Lab USA, Inc. Space Systems — Total cost of revenues increased by 23.5% to $88.42M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 50.0%, from $58.95M to $88.42M. Over 4 years (FY 2021 to FY 2025), Space Systems — Total cost of revenues shows an upward trend with a 127.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to revenue suggests rising production costs or inefficiencies, while a decrease may indicate improved manufacturing scale or lower supply chain expenses.
This represents the aggregate direct costs incurred to design, manufacture, and deliver space systems, including satelli...
Comparable to cost of goods sold (COGS) for aerospace and defense hardware segments at competitors like Northrop Grumman or Maxar.
rklb_segment_space_systems_total_cost_of_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $988.00K | $1.22M | $7.18M | $29.62M | $29.10M | $30.77M | $34.88M | $28.16M | $30.00M | $37.16M | $34.04M | $44.28M | $57.50M | $61.82M | $65.67M | $58.95M | $65.68M | $80.60M | $71.61M | $88.42M |
| QoQ Change | — | +23.2% | +490.2% | +312.4% | -1.8% | +5.8% | +13.3% | -19.3% | +6.5% | +23.9% | -8.4% | +30.1% | +29.9% | +7.5% | +6.2% | -10.2% | +11.4% | +22.7% | -11.2% | +23.5% |
| YoY Change | — | — | — | — | >999% | >999% | +385.5% | -4.9% | +3.1% | +20.8% | -2.4% | +57.3% | +91.7% | +66.4% | +92.9% | +33.1% | +14.2% | +30.4% | +9.0% | +50.0% |