Rocket Lab (RKLB) FCF Margin (2020 - 2026)
Rocket Lab (RKLB) posted FCF Margin of 47.05% for Q2 2026, down 21.79% on a QoQ basis from 38.63% in Q1 2026, and down 879.0% year-over-year from 6.04% in Q2 2025.
Analysis
Rocket Lab (RKLB) FCF Margin (2020 - 2026) Analysis & Trends
Rocket Lab has reported FCF Margin for 7 years, with the latest figure at 47.05% in Q2 2026.
- On a quarterly basis, FCF Margin fell 879.0% year-over-year to 47.05% in Q2 2026; TTM through Jun 2026 was 48.25%, a 779.0% decrease from a year earlier, with the FY2025 full-year figure at 53.47%, down 2689.0% from the prior year.
- FCF Margin was 47.05% for Q2 2026 at Rocket Lab, down from 38.63% in the prior quarter.
- The five-year high for FCF Margin was 18.08% in Q4 2024, with the low at 92.09% in Q2 2022.
- Average FCF Margin over 5 years is 52.65%, with a median of 48.38% recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: FCF Margin jumped 31047 bps in 2022, then sank 4548 bps in 2025.
- Over 5 years, FCF Margin stood at 65.57% in 2022, then plunged by 34 bps to 87.73% in 2023, then jumped by 79 bps to 18.08% in 2024, then plunged by 251 bps to 63.56% in 2025, then grew by 26 bps to 47.05% in 2026.
- The last three FCF Margin figures came in at 47.05% (Q2 2026), 38.63% (Q1 2026), and 63.56% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Lab | 38.44 Bn | 36.14 Bn | 84.58 Mn | -47.05% |
| 2 | Firefly Aerospace | 3.60 Bn | 2.79 Bn | 23.88 Mn | -90.34% |
| 3 | Intuitive Machines | 3.34 Bn | 4.15 Bn | 35.87 Mn | -39.27% |
| 4 | Redwire | 2.62 Bn | 2.07 Bn | 32.54 Mn | -28.59% |
| 5 | Virgin Galactic Holdings | 336.70 Mn | 336.70 Mn | -28.05 Mn | - |
| 6 | Sidus Space | 209.29 Mn | 42.77 Mn | -629,723.00 | -1,219.73% |
| 7 | Starfighters Space | 153.64 Mn | 153.64 Mn | - | - |
| 8 | Momentus | 49.69 Mn | -58.02 Mn | 25,000.00 | -30,443.33% |
| 9 | Helio | 40.14 Mn | 39.67 Mn | 122,607.00 | -224.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -47.05% |
| Mar 31, 2026 | -38.63% |
| Dec 31, 2025 | -63.56% |
| Sep 30, 2025 | -44.77% |
| Jun 30, 2025 | -38.26% |
| Mar 31, 2025 | -67.64% |
| Dec 31, 2024 | -18.08% |
| Sep 30, 2024 | -40.01% |
| Jun 30, 2024 | -26.68% |
| Mar 31, 2024 | -23.46% |
| Dec 31, 2023 | -87.73% |
| Sep 30, 2023 | -68.35% |
| Jun 30, 2023 | -26.81% |
| Mar 31, 2023 | -69.33% |
| Dec 31, 2022 | -65.57% |
| Sep 30, 2022 | -49.71% |
| Jun 30, 2022 | -92.09% |
| Mar 31, 2022 | -80.05% |
| Dec 31, 2021 | -131.62% |
| Sep 30, 2021 | -360.19% |