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% on a QoQ basis from $111.4 million in Q4 2025.
Rocket Lab (RKLB) Cost of Revenue (2020 - 2026) Analysis & Trends
Rocket Lab (RKLB) has reported Cost of Revenue for 7 consecutive years, with $123.9 million the latest figure, recorded in 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 came in at $123.9 million for Q1 2026 at Rocket Lab, 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.
- Average Cost of Revenue over 5 years is $72.0 million, with a median of $68.6 million recorded in 2024.
- Across the five-year window, Cost of Revenue surged 472.94% in 2022 and slipped 10.88% in 2023, its largest moves.
- Year by year, Cost of Revenue stood at $49.9 million in 2022, then retreated by 10.88% to $44.5 million in 2023, then jumped by 114.77% to $95.6 million in 2024, then gained by 16.58% to $111.4 million in 2025, then rose by 11.16% to $123.9 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $123.9 million, $111.4 million, and $97.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 19.67 Bn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 13.00 Bn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 4.40 Bn |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 15.94 Bn |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 1.46 Bn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 1.03 Bn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 6.43 Bn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 123.86 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 4.34 Bn |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn | 806.19 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 |