Financials in USD. Standardized financial statements.
A compact view of how Rocket Lab USA, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $601.80M | $436.21M | $244.59M | $211.00M | $62.24M | $35.16M | $48.40M |
| Revenue Growth? | +38.0% | +78.3% | +15.9% | +239.0% | +77.0% | -27.4% | 0.0% |
| Cost of Revenue? | $394.62M | $320.06M | $193.18M | $192.01M | $64.13M | $46.98M | $49.48M |
| Gross Profit? | $207.18M | $116.15M | $51.41M | $18.99M | -$1.89M | -$11.82M | -$1.08M |
| Gross Margin? | +34.4% | +26.6% | +21.0% | +9.0% | -3.0% | -33.6% | -2.2% |
| Operating Expenses? | $436.02M | $305.95M | $229.33M | $154.19M | $100.16M | $43.13M | $31.72M |
| Operating Income? | -$228.84M | -$189.80M | -$177.92M | -$135.20M | -$102.05M | -$54.95M | -$32.89M |
| EBITDA? | -$155.47M | -$151.80M | -$144.93M | -$95.20M | -$91.20M | -$45.61M | -$28.02M |
| Income Before Tax | -$225.90M | -$189.41M | -$178.92M | -$132.95M | -$124.84M | -$54.54M | -$30.01M |
| Income Tax Expense | -$27.69M | $764,000 | $3.65M | $3.00M | -$7.52M | $467,000 | $354,000 |
| Net Income? | -$198.21M | -$190.18M | -$182.57M | -$135.94M | -$117.32M | -$55.01M | -$30.36M |
| EPS? | $-0.37 | $-0.38 | $-0.38 | $-0.29 | $-0.26 | $-0.12 | $-0.08 |
| Diluted EPS? | $-0.37 | $-0.38 | $-0.38 | $-0.29 | $-0.26 | $-0.12 | $-0.08 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality