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
DateValue
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