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| Date | Value |
|---|---|
| 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 |