Rocket Lab (RKLB) Free Cash Flow (2020 - 2026)
Rocket Lab's (RKLB) quarterly Free Cash Flow came in at -$71.5 million in Q1 2026, down 10.49% year-on-year from -$79.8 million in Q1 2025, and down 223.34% quarter-over-quarter from $57.9 million in Q4 2025.
Rocket Lab (RKLB) Free Cash Flow (2020 - 2026) Analysis & Trends
Rocket Lab's Free Cash Flow history runs 7 years deep, the most recent figure standing at -$71.5 million for Q1 2026.
- On a quarterly basis, Free Cash Flow fell 10.49% year-over-year to -$71.5 million in Q1 2026; TTM through Mar 2026 was -$156.5 million, a 30.79% decrease from a year earlier, with the FY2025 full-year figure at -$149.7 million, down 142.16% from the prior year.
- Free Cash Flow slipped to -$71.5 million in Q1 2026 per RKLB's latest filing, from $57.9 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $57.9 million in Q4 2025 and bottomed at -$86.2 million in Q4 2023.
- The 5-year median for Free Cash Flow is -$38.1 million (2023), against an average of -$32.4 million.
- Across the five-year window, Free Cash Flow sank 1860.84% in 2023 and soared 135.06% in 2024, its largest moves.
- Year by year, Free Cash Flow stood at -$29.3 million in 2022, then slumped by 194.25% to -$86.2 million in 2023, then surged by 135.06% to $30.2 million in 2024, then jumped by 91.64% to $57.9 million in 2025, then sank by 223.34% to -$71.5 million in 2026.
- Per Business Quant, the three latest RKLB Free Cash Flow figures stand at -$71.5 million (Q1 2026), $57.9 million (Q4 2025), and -$69.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 376.30 Bn | 366.96 Bn | -3.10 Bn | 2.82 Bn |
| 2 | Rtx | 291.02 Bn | 282.72 Bn | 9.91 Bn | 2.88 Bn |
| 3 | Boeing | 171.24 Bn | 151.21 Bn | 2.41 Bn | 631.00 Mn |
| 4 | Lockheed Martin | 134.21 Bn | 130.42 Bn | 2.45 Bn | 2.92 Bn |
| 5 | Howmet Aerospace | 114.09 Bn | 111.65 Bn | 854.00 Mn | 448.00 Mn |
| 6 | General Dynamics | 103.80 Bn | 99.46 Bn | 6.76 Bn | 1.65 Bn |
| 7 | Northrop Grumman | 77.38 Bn | 75.08 Bn | 3.72 Bn | 978.00 Mn |
| 8 | TransDigm | 73.45 Bn | 69.56 Bn | 1.51 Bn | 64.00 Mn |
| 9 | L3Harris Technologies | 52.15 Bn | 51.56 Bn | 1.40 Bn | -194.00 Mn |
| 10 | Rocket Lab | 39.48 Bn | 38.20 Bn | 76.49 Mn | -71.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -71.46 Mn |
| Mar 31, 2026 | -71.46 Mn |
| Dec 31, 2025 | 57.93 Mn |
| Dec 31, 2025 | 57.93 Mn |
| Sep 30, 2025 | -69.44 Mn |
| Sep 30, 2025 | -69.44 Mn |
| Jun 30, 2025 | -73.51 Mn |
| Jun 30, 2025 | -73.51 Mn |
| Mar 31, 2025 | -64.68 Mn |
| Mar 31, 2025 | -64.68 Mn |
| Dec 31, 2024 | 30.23 Mn |
| Dec 31, 2024 | 30.23 Mn |
| Sep 30, 2024 | -41.93 Mn |
| Sep 30, 2024 | -41.93 Mn |
| Jun 30, 2024 | -43.26 Mn |
| Jun 30, 2024 | -43.26 Mn |
| Mar 31, 2024 | -6.85 Mn |
| Mar 31, 2024 | -6.85 Mn |
| Dec 31, 2023 | -86.21 Mn |
| Dec 31, 2023 | -86.21 Mn |