Income Statement Rocket Lab Corporation

Equities

RKLB

US7731211089

Aerospace & Defense

Market Closed - Nasdaq Other stock markets 21:00:00 11/05/2026 BST			After hours 22:44:36
117.35 ^USD	+11.26%		115.54	-1.55%

05-09	Semiconductors propel Wall Street despite renewed tensions in the Strait of Hormuz
05-08	Social Buzz: Wallstreetbets Stocks Mostly Higher Premarket Friday; Iren, Rocket Lab to Advance	MT

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Published financial data: ROCKET LAB CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	62.24M	211M	245M	436M	602M
Total Revenues	62.24M	211M	245M	436M	602M
Cost of Goods Sold, Total	64.13M	192M	193M	320M	395M
Gross Profit	-1.89M	18.99M	51.41M	116M	207M
Selling General & Admin Expenses, Total	57.87M	88.6M	110M	132M	165M
R&D Expenses	41.76M	65.17M	119M	174M	271M
Other Operating Expenses, Total	99.64M	154M	229M	306M	436M
Operating Income	-102M	-135M	-178M	-190M	-229M
Interest Expense, Total	-6.13M	-7.8M	-4.25M	-3.95M	-26.49M
Interest And Investment Income	-	-	-	-	25.51M
Net Interest Expenses	-6.13M	-7.8M	-4.25M	-3.95M	-977K
Currency Exchange Gains (Loss)	-567K	-4.44M	-470K	-87K	-463K
Other Non Operating Income (Expenses)	-16.09M	14.49M	-856K	-1.3M	2.14M
EBT, Excl. Unusual Items	-124M	-133M	-183M	-195M	-228M
Merger & Related Restructuring Charges	-522K	-427K	-	-	-
Gain (Loss) On Sale Of Investments	-	-	4.57M	2.9M	2.24M
Gain (Loss) On Sale Of Assets	-	-	-	2.82M	-
EBT, Incl. Unusual Items	-125M	-133M	-179M	-189M	-226M
Income Tax Expense	-7.52M	3M	3.65M	764K	-27.69M
Earnings From Continuing Operations	-117M	-136M	-183M	-190M	-198M
Net Income to Company	-117M	-136M	-183M	-190M	-198M
Net Income - (IS)	-117M	-136M	-183M	-190M	-198M
Net Income to Common Incl Extra Items	-117M	-136M	-183M	-190M	-198M
Net Income to Common Excl. Extra Items	-117M	-136M	-183M	-190M	-198M
Per Share Items
Net EPS - Basic	-0.56	-0.29	-0.38	-0.38	-0.37
Basic EPS - Continuing Operations	-0.56	-0.29	-0.38	-0.38	-0.37
Basic Weighted Average Shares Outstanding	210M	466M	482M	496M	531M
Net EPS - Diluted	-0.56	-0.29	-0.38	-0.38	-0.37
Diluted EPS - Continuing Operations	-0.56	-0.29	-0.38	-0.38	-0.37
Diluted Weighted Average Shares Outstanding	210M	466M	482M	496M	531M
Normalized Basic EPS	-0.37	-0.18	-0.24	-0.25	-0.27
Normalized Diluted EPS	-0.37	-0.18	-0.24	-0.25	-0.27
Supplemental Items
EBITDA	-90.68M	-105M	-149M	-157M	-186M
EBITA	-98.21M	-122M	-165M	-178M	-211M
EBIT	-102M	-135M	-178M	-190M	-229M
EBITDAR	-87.32M	-99.72M	-142M	-148M	-171M
Total Revenues (As Reported)	-	-	-	436M	602M
Effective Tax Rate - (Ratio)	6.02	-2.26	-2.04	-0.4	12.26
Current Domestic Taxes	2K	-39K	-18K	14K	4K
Current Foreign Taxes	2.38M	3.8M	3.27M	-299K	2.71M
Total Current Taxes	2.38M	3.76M	3.25M	-285K	2.72M
Deferred Domestic Taxes	-6.3M	-2.25M	566K	446K	-32.12M
Deferred Foreign Taxes	-3.6M	1.48M	-168K	603K	1.71M
Total Deferred Taxes	-9.9M	-765K	398K	1.05M	-30.41M
Normalized Net Income	-77.7M	-82.82M	-115M	-122M	-143M
Interest on Long-Term Debt	-	900K	967K	949K	933K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	41.76M	65.17M	119M	174M	271M
Net Rental Expense, Total	3.36M	5.11M	7.16M	9.76M	14.16M
Imputed Operating Lease Interest Expense	2.06M	2.22M	1.44M	940K	8.11M
Imputed Operating Lease Depreciation	1.3M	2.89M	5.73M	8.82M	6.05M
Stock-Based Comp., COGS (Total)	11M	17.95M	12.52M	16.66M	17.63M
Stock-Based Comp., R&D Exp. (Total)	9.97M	21.13M	21.72M	15.63M	22.07M
Stock-Based Comp., SG&A Exp. (Total)	11.59M	16.57M	19.22M	24.53M	31.39M
Total Stock-Based Compensation	32.56M	55.65M	53.46M	56.82M	71.1M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	691M	243M	163M	271M	829M
Short Term Investments	-	229M	82.26M	148M	188M
Total Cash And Short Term Investments	691M	472M	245M	419M	1.02B
Accounts Receivable, Total	16.45M	46.02M	51.86M	104M	107M
Other Receivables	2.56M	1.44M	9.94M	7.78M	15.63M
Total Receivables	19.01M	47.47M	61.8M	112M	123M
Inventory	47.9M	92.28M	108M	119M	158M
Prepaid Expenses	14.79M	43.13M	48.03M	38.04M	57.74M
Other Current Assets, Total	2.1M	7.63M	14.26M	4.98M	9.84M
Total Current Assets	775M	662M	477M	693M	1.37B
Gross Property Plant And Equipment	116M	189M	269M	328M	515M
Accumulated Depreciation	-22.19M	-36.39M	-49.11M	-65.58M	-90.86M
Net Property Plant And Equipment	93.76M	152M	220M	263M	424M
Long-term Investments	-	9.19M	79.25M	60.69M	82.25M
Goodwill	43.31M	71.02M	71.02M	71.02M	206M
Other Intangibles, Total	57.49M	79.69M	68.09M	58.64M	225M
Deferred Tax Assets Long-Term	5.86M	3.9M	3.5M	3.01M	1.9M
Other Long-Term Assets, Total	5.67M	10.66M	22.83M	35.47M	20.56M
Total Assets	981M	989M	941M	1.18B	2.32B
Liabilities
Accounts Payable, Total	3.49M	12.08M	29.3M	53.06M	72.7M
Accrued Expenses, Total	19.24M	17.36M	21.93M	40.31M	45.1M
Current Portion of Long-Term Debt	2.83M	2.91M	17.76M	12.04M	-
Current Portion of Leases	2.38M	3.72M	5.6M	6.44M	11.13M
Unearned Revenue Current, Total	59.75M	108M	139M	216M	195M
Other Current Liabilities	8.62M	18.52M	9.43M	11.52M	10.1M
Total Current Liabilities	96.31M	163M	223M	340M	334M
Long-Term Debt	97.3M	100M	87.59M	389M	154M
Long-Term Leases	28.3M	49.83M	71.34M	66.94M	99.84M
Deferred Tax Liability Non Current	466K	95K	426K	891K	1.24M
Other Non Current Liabilities	60.03M	3M	3.94M	5.1M	12.95M
Total Liabilities	282M	316M	387M	802M	603M
Preferred Stock Convertible	-	-	-	-	5K
Preferred Stock - Others	-	-	-	-	-
Total Preferred Equity	-	-	-	-	5K
Common Stock, Total	45K	48K	49K	50K	54K
Additional Paid In Capital	1B	1.11B	1.18B	1.2B	2.74B
Retained Earnings	-305M	-441M	-624M	-814M	-1.01B
Comprehensive Income and Other	1.31M	1.14M	1.54M	-2.8M	-1.96M
Total Common Equity	698M	673M	555M	382M	1.72B
Total Equity	698M	673M	555M	382M	1.72B
Total Liabilities And Equity	981M	989M	941M	1.18B	2.32B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	465M	478M	489M	454M	567M
ECS Total Common Shares Outstanding	450M	475M	489M	504M	544M
Book Value / Share	1.55	1.42	1.13	0.76	3.17
Tangible Book Value	598M	522M	415M	253M	1.29B
Tangible Book Value Per Share	1.33	1.1	0.85	0.5	2.38
Total Debt	131M	157M	182M	475M	265M
Net Debt	-560M	-324M	-142M	-4.82M	-834M
Debt Equivalent Oper. Leases	26.85M	40.86M	57.31M	78.1M	113M
Account Code - Inventory Valuation	3	-	3	3	3
Inventories - Raw Materials, Total	21.52M	33.38M	45.06M	50.65M	76.74M
Inventories - Work In Process, Total	24.17M	50.66M	53.63M	60.46M	68.71M
Inventories - Finished Goods, Total	2.22M	8.24M	9.17M	7.96M	12.96M
Buildings, Total	25.08M	36.49M	59.73M	68.63M	78.56M
Machinery, Total	30.46M	61.82M	94.6M	144M	195M
Full Time Employees	758	1.4K	1.65K	2.1K	2.6K
Order Backlog	242M	504M	1.05B	1.07B	1.85B

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-117M	-136M	-183M	-190M	-198M
Depreciation & Amortization - CF	7.53M	16.72M	16.64M	21.59M	25.98M
Amortization of Goodwill and Intangible Assets - (CF)	3.32M	13.23M	13.1M	12.07M	17.96M
Depreciation & Amortization, Total	10.85M	29.95M	29.74M	33.66M	43.94M
Amortization of Deferred Charges, Total - (CF)	1.55M	2.83M	2.9M	3.09M	3.14M
(Gain) Loss From Sale Of Asset	156K	923K	-111K	-2.83M	2.61M
(Gain) Loss on Sale of Investments - (CF)	-	-1.4M	-4.57M	-2.9M	-2.24M
Stock-Based Compensation (CF)	32.56M	55.65M	53.46M	56.82M	71.1M
Other Operating Activities, Total	8.44M	-10.86M	9.57M	7.66M	-27.08M
Change In Accounts Receivable	-5.97M	-16.98M	-2.05M	-51.59M	2.96M
Change In Inventories	-12.69M	-25.96M	-15.56M	-12.4M	-39.88M
Change In Accounts Payable	-4.52M	-2.13M	15.58M	24.8M	10.22M
Change in Unearned Revenues	28.06M	22.66M	30.99M	76.86M	-21.61M
Change in Other Net Operating Assets	-12.9M	-25.28M	-36.26M	8.11M	-10.47M
Cash from Operations	-71.79M	-107M	-98.87M	-48.89M	-166M
Capital Expenditure	-25.7M	-42.41M	-54.71M	-67.09M	-156M
Sale of Property, Plant, and Equipment	-	-	3.66M	12.54M	397K
Cash Acquisitions	-66.44M	-65.82M	-18.97M	-	-132M
Investment in Marketable and Equity Securities, Total	-	-238M	82.03M	-43.78M	-59.07M
Cash from Investing	-92.13M	-346M	12.02M	-98.33M	-347M
Long-Term Debt Issued, Total	114M	-	110M	355M	26.72M
Total Debt Issued	114M	-	110M	355M	26.72M
Long-Term Debt Repaid, Total	-15M	-271K	-108M	-52.05M	-88.19M
Total Debt Repaid	-15M	-271K	-108M	-52.05M	-88.19M
Issuance of Common Stock	731M	39.42M	23.43M	44.44M	1.27B
Repurchase of Common Stock	-30.36M	-31.61M	-15.72M	-35.34M	-113M
Issuance of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	-	-5.5M	-2.43M	-55.37M	-26.79M
Cash from Financing	800M	2.04M	7.37M	257M	1.07B
Foreign Exchange Rate Adjustments	2.13M	4.37M	43K	-597K	-110K
Net Change in Cash	638M	-446M	-79.44M	109M	558M
Supplemental Items
Cash Interest Paid	3.99M	10.75M	15.55M	16.29M	24.55M
Cash Income Tax Paid (Refund)	1.84M	2.67M	769K	269K	854K
Levered Free Cash Flow	-47.17M	-84.58M	-80.2M	-15.27M	-271M
Unlevered Free Cash Flow	-44.88M	-82.54M	-80.45M	-15.89M	-257M
Change In Net Working Capital	-865K	41.48M	-2.25M	-79.36M	73.04M
Net Debt Issued / Repaid	98.9M	-271K	2.09M	303M	-61.47M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-10.86	-8.55	-11.52	-11.16	-8.15
Return on Total Capital	-13.08	-10.16	-14.2	-14.88	-10.06
Return On Equity %	-28.95	-19.82	-29.74	-40.59	-18.84
Return on Common Equity	-44.13	-19.82	-29.74	-40.59	-18.84
Margin Analysis
Gross Profit Margin %	-3.04	9	21.02	26.63	34.43
SG&A Margin	92.99	41.99	45.08	30.16	27.47
EBITDA Margin %	-145.7	-49.68	-60.83	-36.08	-30.83
EBITA Margin %	-157.8	-57.61	-67.38	-40.74	-35.04
EBIT Margin %	-163.14	-63.88	-72.74	-43.51	-38.03
Income From Continuing Operations Margin %	-188.51	-64.43	-74.64	-43.6	-32.94
Net Income Margin %	-188.51	-64.43	-74.64	-43.6	-32.94
Net Avail. For Common Margin %	-188.51	-64.43	-74.64	-43.6	-32.94
Normalized Net Income Margin	-124.84	-39.25	-46.89	-27.96	-23.69
Levered Free Cash Flow Margin	-75.79	-40.09	-32.79	-3.5	-44.99
Unlevered Free Cash Flow Margin	-72.12	-39.12	-32.89	-3.64	-42.76
Asset Turnover
Asset Turnover	0.11	0.21	0.25	0.41	0.34
Fixed Assets Turnover	0.73	1.71	1.31	1.81	1.75
Receivables Turnover (Average Receivables)	5.87	6.76	5	5.61	5.7
Inventory Turnover (Average Inventory)	1.73	2.74	1.93	2.82	2.84
Short Term Liquidity
Current Ratio	8.04	4.06	2.13	2.04	4.08
Quick Ratio	7.37	3.19	1.37	1.56	3.41
Operating Cash Flow to Current Liabilities	-0.75	-0.65	-0.44	-0.14	-0.49
Days Sales Outstanding (Average Receivables)	62.23	54.03	73.03	65.28	64.02
Days Outstanding Inventory (Average Inventory)	210.7	133.24	189.07	129.75	128.33
Average Days Payable Outstanding	14.57	12.02	36.18	45.5	52.89
Cash Conversion Cycle (Average Days)	258.36	175.25	225.92	149.53	139.46
Long Term Solvency
Total Debt/Equity	18.73	23.25	32.87	124.16	15.4
Total Debt / Total Capital	15.77	18.86	24.74	55.39	13.34
LT Debt/Equity	17.98	22.26	28.66	119.33	14.75
Long-Term Debt / Total Capital	15.15	18.06	21.57	53.23	12.78
Total Liabilities / Total Assets	28.79	31.94	41.08	67.71	25.93
EBIT / Interest Expense	-16.57	-17.28	-41.88	-48	-8.64
EBITDA / Interest Expense	-14.25	-12.79	-33.34	-37.33	-6.47
(EBITDA - Capex) / Interest Expense	-18.44	-18.22	-46.22	-54.3	-12.37
Total Debt / EBITDA	-1.5	-1.57	-1.29	-3.22	-1.55
Net Debt / EBITDA	6.41	3.25	1	0.03	4.87
Total Debt / (EBITDA - Capex)	-1.16	-1.1	-0.93	-2.21	-0.81
Net Debt / (EBITDA - Capex)	4.96	2.28	0.72	0.02	2.54
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	77.01	239.02	15.92	78.34	37.96
Gross Profit, 1 Yr. Growth %	-83.98	-1.1K	170.72	125.93	78.38
EBITDA, 1 Yr. Growth %	103.38	14.94	41.93	5.77	17.89
EBITA, 1 Yr. Growth %	89.95	23.11	35.6	7.84	18.65
EBIT, 1 Yr. Growth %	88.28	32.07	32.01	6.68	20.57
Earnings From Cont. Operations, 1 Yr. Growth %	113.29	15.87	34.3	4.16	4.22
Net Income, 1 Yr. Growth %	113.29	15.87	34.3	4.16	4.22
Normalized Net Income, 1 Yr. Growth %	132.32	6.15	37.02	5.72	16.91
Diluted EPS Before Extra, 1 Yr. Growth %	-23.37	-47.83	29.96	1.19	-2.6
Accounts Receivable, 1 Yr. Growth %	244.44	179.83	12.68	100.05	3.48
Inventory, 1 Yr. Growth %	83.29	92.63	16.88	10.4	33.03
Net Property, Plant and Equip., 1 Yr. Growth %	22.19	62.5	44.25	19.61	61.18
Total Assets, 1 Yr. Growth %	422.09	0.84	-4.84	25.83	96.27
Tangible Book Value, 1 Yr. Growth %	-429.85	-12.58	-20.49	-39.15	410.83
Common Equity, 1 Yr. Growth %	-518.96	-3.61	-17.63	-31.03	350.21
Cash From Operations, 1 Yr. Growth %	158.64	48.4	-7.2	-50.55	238.56
Capital Expenditures, 1 Yr. Growth %	2.3	65.03	28.99	22.64	132.94
Levered Free Cash Flow, 1 Yr. Growth %	21.61	78.1	-5.18	-80.96	828.33
Unlevered Free Cash Flow, 1 Yr. Growth %	15.72	82.57	-2.52	-80.25	1.52K
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	13.4	144.97	98.24	43.78	56.86
Gross Profit, 2 Yr. CAGR %	32.64	26.77	421.13	147.31	100.75
EBITDA, 2 Yr. CAGR %	79.89	53.33	27.72	22.52	11.66
EBITA, 2 Yr. CAGR %	74.79	53.33	29.2	20.92	13.11
EBIT, 2 Yr. CAGR %	75.69	58.09	32.04	18.67	13.41
Earnings From Cont. Operations, 2 Yr. CAGR %	96.58	57.21	24.75	18.28	4.19
Net Income, 2 Yr. CAGR %	96.58	57.21	24.75	18.28	4.19
Normalized Net Income, 2 Yr. CAGR %	103.55	57.37	21.24	20.71	11.17
Diluted EPS Before Extra, 2 Yr. CAGR %	-61.58	-36.77	-17.66	14.68	-0.72
Accounts Receivable, 2 Yr. CAGR %	41.2	210.46	77.57	50.14	43.88
Inventory, 2 Yr. CAGR %	83.95	87.91	50.05	13.59	21.19
Net Property, Plant and Equip., 2 Yr. CAGR %	19.44	40.91	53.11	31.36	38.85
Total Assets, 2 Yr. CAGR %	124.17	129.46	-2.04	9.42	57.15
Tangible Book Value, 2 Yr. CAGR %	123.3	69.81	-16.63	-30.44	76.31
Common Equity, 2 Yr. CAGR %	142.75	100.95	-10.9	-24.63	76.21
Cash From Operations, 2 Yr. CAGR %	82.29	95.91	17.35	-32.26	29.39
Capital Expenditures, 2 Yr. CAGR %	2.8	29.93	45.9	25.78	69.02
Levered Free Cash Flow, 2 Yr. CAGR %	-	47.68	29.95	-57.51	74.9
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	45.88	33.4	-56.12	78.84
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	63.36	90.9	91.37	41.82
Gross Profit, 3 Yr. CAGR %	-	160.36	63.25	294.42	121.79
EBITDA, 3 Yr. CAGR %	-	55.24	49.43	19.94	20.96
EBITA, 3 Yr. CAGR %	-	55.79	47.17	21.65	20.16
EBIT, 3 Yr. CAGR %	-	60.02	48.87	22.98	19.3
Earnings From Cont. Operations, 3 Yr. CAGR %	-	64.82	49.17	17.47	13.39
Net Income, 3 Yr. CAGR %	-	64.82	49.17	17.47	13.39
Normalized Net Income, 3 Yr. CAGR %	-	64.07	50.8	16.05	19.43
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-57.46	-19.61	-11.8	8.6
Accounts Receivable, 3 Yr. CAGR %	-	77.36	121.46	84.77	32.62
Inventory, 3 Yr. CAGR %	-	86.8	60.4	35.46	19.74
Net Property, Plant and Equip., 3 Yr. CAGR %	-	32.35	42.02	41.01	40.63
Total Assets, 3 Yr. CAGR %	-	71.76	71.11	6.49	32.95
Tangible Book Value, 3 Yr. CAGR %	-	63.36	31.86	-24.93	35.2
Common Equity, 3 Yr. CAGR %	-	78.42	49.28	-18.19	36.76
Cash From Operations, 3 Yr. CAGR %	-	70.21	52.72	-12.02	15.82
Capital Expenditures, 3 Yr. CAGR %	-	20.37	29.62	37.7	54.46
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	27.4	-31.49	47.37
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	27.53	-29.43	46.08
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	55.23	76.47
Gross Profit, 5 Yr. CAGR %	-	-	-	155.06	77.32
EBITDA, 5 Yr. CAGR %	-	-	-	41.22	32.99
EBITA, 5 Yr. CAGR %	-	-	-	40.78	32.47
EBIT, 5 Yr. CAGR %	-	-	-	41.98	33.52
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	44.33	29.22
Net Income, 5 Yr. CAGR %	-	-	-	44.33	29.22
Normalized Net Income, 5 Yr. CAGR %	-	-	-	45.42	33.64
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-36.75	-12.53
Accounts Receivable, 5 Yr. CAGR %	-	-	-	65.93	86.37
Inventory, 5 Yr. CAGR %	-	-	-	53.1	43.39
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	31.95	40.74
Total Assets, 5 Yr. CAGR %	-	-	-	43.42	65.38
Tangible Book Value, 5 Yr. CAGR %	-	-	-	16.1	48.11
Common Equity, 5 Yr. CAGR %	-	-	-	26.4	59.52
Cash From Operations, 5 Yr. CAGR %	-	-	-	17.74	42.92
Capital Expenditures, 5 Yr. CAGR %	-	-	-	22.51	44.14
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	47.49
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	46