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

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 was $123.9 million for Q1 2026 at Rocket Lab, up from $111.4 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $123.9 million in Q1 2026 to a low of $37.0 million in Q1 2022.
• Historically, Cost of Revenue has averaged $72.0 million across 5 years, with a median of $68.6 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue surged 472.94% in 2022, then fell 10.88% in 2023.
• A 5-year view of Cost of Revenue shows it 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.
• The last three Cost of Revenue figures came in at $123.9 million (Q1 2026), $111.4 million (Q4 2025), and $97.8 million (Q3 2025), per Business Quant data.