Rocket Lab Corp income statement

In fiscal 2025, Rocket Lab Corp reported revenue of $602m, up 38.0% on the year before, operating income of −$229m (a -38.0% margin) and net income of −$198m, or −$0.37 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Rocket Lab Corp: income statement, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	35	62	211	245	436	602	769
Cost of revenue	47	64	192	193	320	395	483
Gross profit	−12	−2	19	51	116	207	287
Research and development	19	42	65	119	174	271	312
Selling, general and administrative	24	58	89	110	132	165	198
Operating income	−55	−102	−135	−178	−190	−229	−223
Interest expense	—	—	—	18	26	26	—
Income before tax	−55	−125	−133	−179	−189	−226	−192
Income tax	0	−8	3	4	1	−28	−26
Net income	−55	−117	−136	−183	−190	−198	−165
Diluted EPS	−$0.73	−$0.56	−$0.29	−$0.38	−$0.38	−$0.37	−$0.28
Diluted shares (average)	75m	210m	466m	482m	496m	531m	584m
EBITDA	−46	−91	−105	−148	−156	−185	−179

US$ millions unless shown otherwise. Fiscal quarters.

Rocket Lab Corp: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	105	132	123	144	155	180	200	234
Cost of revenue	77	96	87	98	98	111	124	149
Gross profit	28	37	35	46	57	68	76	85
Research and development	48	48	55	66	71	79	81	82
Selling, general and administrative	32	40	39	40	46	40	52	60
Operating income	−52	−52	−59	−60	−59	−51	−56	−58
Interest expense	—	—	7	7	—	—	1	1
Income before tax	−51	−52	−61	−63	−59	−42	−47	−44
Income tax	1	1	−1	3	−41	11	−2	5
Net income	−52	−52	−61	−66	−18	−53	−45	−49
Diluted EPS	−$0.10	−$0.10	−$0.12	−$0.13	−$0.03	−$0.09	−$0.07	−$0.08
EBITDA	−47	−42	−50	−54	−53	−36	−41	−49

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Rocket Lab Corp's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Rocket Lab Corp.