Rocket Lab (RKLB) Cost of Revenue (2020 - 2026)
Rocket Lab (RKLB) posted quarterly Cost of Revenue of $123.9 million for Q1 2026, up 41.84% year-over-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.
- In Q1 2026, Cost of Revenue rose 41.84% year-over-year to $123.9 million; the TTM figure through Mar 2026 stood at $431.2 million (up 27.26% YoY), while the FY2025 annual figure was $394.6 million, up 23.29% from the prior year.
- Cost of Revenue for Q1 2026 stood at $123.9 million, up from $111.4 million in the prior quarter.
- The five-year high for Cost of Revenue was $123.9 million in Q1 2026, with the low 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.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 472.94% in 2022, then declined 10.88% in 2023.
- Rocket Lab's Cost of Revenue stood at $49.9 million in 2022, then slipped by 10.88% to $44.5 million in 2023, then soared by 114.77% to $95.6 million in 2024, then climbed by 16.58% to $111.4 million in 2025, then advanced by 11.16% to $123.9 million in 2026.
- Business Quant data shows RKLB's Cost of Revenue at $123.9 million in Q1 2026, $111.4 million in Q4 2025, and $97.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 6.40 Bn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 14.80 Bn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 22.15 Bn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 17.62 Bn |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 1.60 Bn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 7.34 Bn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 7.16 Bn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 1.11 Bn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 357.94 Mn |
| 10 | Rocket Lab | 45.79 Bn | 43.49 Bn | 84.58 Mn | 149.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 149.49 Mn |
| Jun 30, 2026 | 149.49 Mn |
| 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 |