6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $602M | -$198M | 34.4% | -38.0% | -$322M | $152M | $829M |
| 2024 | $436M | -$190M | 26.6% | -43.5% | -$116M | $345M | $271M |
| 2023 | $245M | -$183M | 21.0% | -72.7% | -$154M | $0 | $163M |
| 2022 | $211M | -$136M | 9.0% | -64.1% | -$149M | $103M | $243M |
| 2021 | $62M | -$117M | -3.0% | -164.0% | -$97M | $100M | $691M |
| 2020 | $35M | -$55M | -33.6% | -156.3% | -$53M | $0 | $53M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $200M | -$45M | 38.2% | -27.9% | -$77M | $37M | $1.2B |
| Dec '25 | $180M | -$53M | 38.0% | -28.4% | -$114M | $152M | $829M |
| Sep '25 | $155M | -$18M | 37.0% | -38.0% | -$69M | $347M | $808M |
| Jun '25 | $144M | -$66M | 32.1% | -41.3% | -$55M | $346M | $564M |
| Mar '25 | $123M | -$61M | 28.8% | -48.3% | -$83M | $346M | $303M |
| Dec '24 | $132M | -$52M | 27.8% | -38.9% | -$24M | $345M | $271M |
| Sep '24 | $105M | -$52M | 26.7% | -49.5% | -$42M | $61M | $292M |
| Jun '24 | $106M | -$42M | 25.6% | -40.7% | -$28M | $64M | $341M |
| Mar '24 | $93M | -$44M | 26.1% | -46.4% | -$22M | $67M | $366M |
| Dec '23 | $60M | -$50M | 25.8% | -79.8% | -$53M | $0 | $163M |
| Sep '23 | $68M | -$41M | 22.1% | -57.4% | -$46M | $105M | $141M |
| Jun '23 | $62M | -$46M | 23.5% | -72.8% | -$17M | $104M | $197M |
| Mar '23 | $55M | -$46M | 11.6% | -83.8% | -$38M | $104M | $208M |
| Dec '22 | $52M | -$37M | 3.5% | -71.9% | -$34M | $103M | $243M |
| Sep '22 | $63M | -$35M | 13.4% | -50.8% | -$31M | $102M | $333M |
| Jun '22 | $55M | -$37M | 8.9% | -59.8% | -$51M | $102M | $543M |
| Mar '22 | $41M | -$27M | 9.2% | -80.6% | -$33M | $101M | $603M |
| Dec '21 | $27M | $3M | 24.3% | -88.5% | -$36M | $100M | $691M |
| Sep '21 | $5M | -$88M | -235.5% | -989.1% | -$19M | $97M | $793M |
| Jun '21 | $11M | -$17M | 21.8% | -116.4% | -$23M | — | $44846 |
How the market has priced RKLB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Rocket Lab Corp's revenue has grown 76.5% per year. These are computed facts, not advice.
As of FY2025, Rocket Lab Corp reported $152M of total debt against $829M of cash; operating income covered interest expense -8.6×.
In FY2025, gross margin was 34.4%, operating margin -38.0%, and net margin -32.9%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.