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Rocket Lab USA, Inc. RKLB Total Cost of Revenue

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Segments

By segment

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Space Systems$88.42M+50.0%
Launch Services$35.44M+24.9%

By product

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Service revenues$42.77M+27.9%

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 total cost of revenue?
Rocket Lab USA, Inc. (RKLB) reported total cost of revenue of $123.86M in Q1 2026.
How has Rocket Lab USA, Inc.'s total cost of revenue changed year-over-year?
Rocket Lab USA, Inc.'s total cost of revenue increased by 41.8% year-over-year, from $87.32M to $123.86M.
What is the long-term trend for Rocket Lab USA, Inc.'s total cost of revenue?
Over 4 years (2021 to 2025), Rocket Lab USA, Inc.'s total cost of revenue has grown at a 57.5% compound annual growth rate (CAGR), from $64.13M to $394.62M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.