Rocket Lab (RKLB) Capital Expenditures (2020 - 2026)
Rocket Lab's Capital Expenditures was $26.05 million in Q2 2026, down 18.7% from $32.04 million a year earlier and down 3.8% from the prior quarter.
Rocket Lab (RKLB) Capital Expenditures (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Rocket Lab's Capital Expenditures was $148.68 million through Jun 30, 2026, up 59.4% year-over-year; for FY2025, it was $156.29 million, up 132.9% from FY2024.
- Capital Expenditures has now increased for five consecutive years, with a five-year compound annual growth rate of 44.1% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $67.09 million in FY2024 (+22.6%), $54.71 million in FY2023 (+29.0%), $42.41 million in FY2022 (+65.0%) and $25.7 million in FY2021 (+2.3%).
- The Q2 2026 figure marks the lowest quarterly Capital Expenditures since Q4 2024.
- Compared with a year earlier, Capital Expenditures was higher in five of the last eight quarters, with growth averaging 80.1%.
- The best year-over-year quarter for Capital Expenditures over five years was Q2 2022 (growth of 676.0%); the worst was Q3 2024 (a decline of 47.7%).
- Per Business Quant data, RKLB's Capital Expenditures in the three quarters before Q2 2026 was $27.07 million (Q1 2026), $49.65 million (Q4 2025) and $45.91 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 335.00 Mn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 669.00 Mn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 733.00 Mn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 318.00 Mn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 104.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 234.00 Mn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 55.00 Mn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 302.00 Mn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 315.00 Mn |
| 10 | Rocket Lab | 41.68 Bn | 36.00 Bn | 84.58 Mn | 26.05 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.05 Mn |
| Mar 31, 2026 | 27.07 Mn |
| Dec 31, 2025 | 49.65 Mn |
| Sep 30, 2025 | 45.91 Mn |
| Jun 30, 2025 | 32.04 Mn |
| Mar 31, 2025 | 28.68 Mn |
| Dec 31, 2024 | 21.55 Mn |
| Sep 30, 2024 | 11.02 Mn |
| Jun 30, 2024 | 15.34 Mn |
| Mar 31, 2024 | 19.18 Mn |
| Dec 31, 2023 | 10.41 Mn |
| Sep 30, 2023 | 21.05 Mn |
| Jun 30, 2023 | 10.57 Mn |
| Mar 31, 2023 | 12.67 Mn |
| Dec 31, 2022 | 14.99 Mn |
| Sep 30, 2022 | 8.35 Mn |
| Jun 30, 2022 | 12.83 Mn |
| Mar 31, 2022 | 6.24 Mn |
| Dec 31, 2021 | 14.25 Mn |
| Sep 30, 2021 | 5.75 Mn |
Rocket Lab Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=RKLB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "RKLB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=RKLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();