Growth Metrics

Rocket Lab (RKLB) Free Cash Flow (2020 - 2026)

Rocket Lab's quarterly Free Cash Flow came in at -$71.5 million in Q1 2026, up 13.8% year-on-year from -$62.8 million in Q1 2025, and up 37.42% quarter-over-quarter from -$114.2 million in Q4 2025.

Rocket Lab has reported Free Cash Flow for 7 years, with the latest figure at -$71.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 13.8% year-over-year to -$71.5 million; the trailing twelve-month figure through Mar 2026 stood at -$310.4 million (down 75.23% YoY), and the FY2025 full-year result was -$321.8 million, down 177.46% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$71.5 million, up from -$114.2 million in the prior quarter.
  • The five-year high for Free Cash Flow was -$16.6 million in Q2 2023, with the low at -$114.2 million in Q4 2025.
  • Average Free Cash Flow over 5 years is -$47.8 million, with a median of -$41.9 million recorded in 2024.
  • Year-over-year, Free Cash Flow soared 67.43% in 2023 and sank 376.94% in 2025.
  • Tracing RKLB's Free Cash Flow over 5 years: stood at -$33.9 million in 2022, then tumbled by 55.08% to -$52.6 million in 2023, then soared by 54.51% to -$23.9 million in 2024, then slumped by 376.94% to -$114.2 million in 2025, then surged by 37.42% to -$71.5 million in 2026.
  • The last three Free Cash Flow figures came in at -$71.5 million (Q1 2026), -$114.2 million (Q4 2025), and -$69.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 General Electric 316.77 Bn 306.03 Bn 9.11 Bn 1.49 Bn
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 1.31 Bn
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn -1.45 Bn
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn -291.00 Mn
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 359.00 Mn
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn 1.95 Bn
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn -71.46 Mn
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn -1.82 Bn
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 64.00 Mn
10 Cae 60.63 Bn 60.14 Bn -496.95 Mn -

Historic Data

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DateValue
Mar 31, 2026 -71.46 Mn
Mar 31, 2026 -71.46 Mn
Dec 31, 2025 -114.19 Mn
Dec 31, 2025 -114.19 Mn
Sep 30, 2025 -69.44 Mn
Sep 30, 2025 -69.44 Mn
Jun 30, 2025 -55.28 Mn
Jun 30, 2025 -55.28 Mn
Mar 31, 2025 -82.90 Mn
Mar 31, 2025 -82.90 Mn
Dec 31, 2024 -23.94 Mn
Dec 31, 2024 -23.94 Mn
Sep 30, 2024 -41.93 Mn
Sep 30, 2024 -41.93 Mn
Jun 30, 2024 -28.34 Mn
Jun 30, 2024 -28.34 Mn
Mar 31, 2024 -21.77 Mn
Mar 31, 2024 -21.77 Mn
Dec 31, 2023 -52.63 Mn
Dec 31, 2023 -52.63 Mn
Sep 30, 2023 -46.25 Mn
Sep 30, 2023 -46.25 Mn
Jun 30, 2023 -16.64 Mn
Jun 30, 2023 -16.64 Mn
Mar 31, 2023 -38.06 Mn
Mar 31, 2023 -38.06 Mn
Dec 31, 2022 -33.94 Mn
Dec 31, 2022 -33.94 Mn
Sep 30, 2022 -31.35 Mn
Sep 30, 2022 -31.35 Mn
Jun 30, 2022 -51.08 Mn
Jun 30, 2022 -51.08 Mn
Mar 31, 2022 -32.58 Mn
Mar 31, 2022 -32.58 Mn
Dec 31, 2021 -36.17 Mn
Dec 31, 2021 -36.17 Mn
Sep 30, 2021 -19.04 Mn
Sep 30, 2021 -19.04 Mn
Jun 30, 2021 -22.76 Mn
Jun 30, 2021 -22.76 Mn
Mar 31, 2021 -19.53 Mn
Mar 31, 2021 -19.53 Mn
Dec 31, 2020 -7.85 Mn
Dec 31, 2020 -7.85 Mn
Sep 30, 2020 -448,248.00
Sep 30, 2020 -448,248.00