Rocket Lab (RKLB) Cost of Revenue (2020 - 2026)

Rocket Lab's (RKLB) quarterly Cost of Revenue came in at $123.9 million in Q1 2026, up 41.84% year-on-year from $87.3 million in Q1 2025, and up 11.16% quarter-over-quarter from $111.4 million in Q4 2025.

Rocket Lab (RKLB) Cost of Revenue (2020 - 2026) Analysis & Trends

Rocket Lab's Cost of Revenue history runs 7 years deep, the most recent figure standing at $123.9 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 41.84% year-over-year to $123.9 million in Q1 2026; TTM through Mar 2026 was $431.2 million, a 27.26% increase from a year earlier, with the FY2025 full-year figure at $394.6 million, up 23.29% from the prior year.
  • Cost of Revenue climbed to $123.9 million in Q1 2026 per RKLB's latest filing, from $111.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $123.9 million in Q1 2026 and bottomed at $37.0 million in Q1 2022.
  • The 5-year median for Cost of Revenue is $68.6 million (2024), against an average of $72.0 million.
  • Across the five-year window, Cost of Revenue jumped 472.94% in 2022 and decreased 10.88% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $49.9 million in 2022, then dropped by 10.88% to $44.5 million in 2023, then jumped by 114.77% to $95.6 million in 2024, then grew by 16.58% to $111.4 million in 2025, then climbed by 11.16% to $123.9 million in 2026.
  • Per Business Quant, the three latest RKLB Cost of Revenue figures stand at $123.9 million (Q1 2026), $111.4 million (Q4 2025), and $97.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 General Electric 374.37 Bn 365.02 Bn -3.10 Bn 3.82 Bn
2 Rtx 290.19 Bn 281.89 Bn 9.91 Bn 14.80 Bn
3 Boeing 169.45 Bn 149.43 Bn 2.41 Bn 22.15 Bn
4 Lockheed Martin 133.28 Bn 129.49 Bn 2.45 Bn 17.62 Bn
5 Howmet Aerospace 113.38 Bn 110.95 Bn 854.00 Mn 1.46 Bn
6 General Dynamics 103.43 Bn 99.09 Bn 6.76 Bn 7.34 Bn
7 Northrop Grumman 76.52 Bn 74.21 Bn 3.72 Bn 7.16 Bn
8 TransDigm 73.07 Bn 69.19 Bn 1.51 Bn 1.03 Bn
9 L3Harris Technologies 51.76 Bn 51.17 Bn 1.40 Bn 4.34 Bn
10 Rocket Lab 38.65 Bn 37.37 Bn 76.49 Mn 123.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 123.86 Mn
Mar 31, 2026 123.86 Mn
Dec 31, 2025 111.42 Mn
Dec 31, 2025 111.42 Mn
Sep 30, 2025 97.77 Mn
Sep 30, 2025 97.77 Mn
Jun 30, 2025 98.11 Mn
Jun 30, 2025 98.11 Mn
Mar 31, 2025 87.32 Mn
Mar 31, 2025 87.32 Mn
Dec 31, 2024 95.57 Mn
Dec 31, 2024 95.57 Mn
Sep 30, 2024 76.81 Mn
Sep 30, 2024 76.81 Mn
Jun 30, 2024 79.09 Mn
Jun 30, 2024 79.09 Mn
Mar 31, 2024 68.59 Mn
Mar 31, 2024 68.59 Mn
Dec 31, 2023 44.50 Mn
Dec 31, 2023 44.50 Mn