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Rocket Lab USA, Inc. RKLB Space Systems — Total revenues

Other product segments

Launch Services
$35.59M

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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$53.37B+264%
Enterprise value$52.26B+260%
P/S78.5×+47.0×

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 space systems — total revenues?
Rocket Lab USA, Inc. (RKLB) reported space systems — total revenues of $136.69M in Q1 2026.
How has Rocket Lab USA, Inc.'s space systems — total revenues changed year-over-year?
Rocket Lab USA, Inc.'s space systems — total revenues increased by 57.2% year-over-year, from $86.98M to $136.69M.
What is the long-term trend for Rocket Lab USA, Inc.'s space systems — total revenues?
Over 4 years (2021 to 2025), Rocket Lab USA, Inc.'s space systems — total revenues has grown at a 104.0% compound annual growth rate (CAGR), from $23.27M to $402.76M.
What does space systems — total revenues mean?
This represents the total gross income generated from the sale of space systems, including satellite platforms, spacecraft components, and related mission services. It captures the market demand for the company's hardware and integrated space solutions. Tracking this revenue stream provides insight into the company's growth trajectory within the satellite and space infrastructure market.