Rocket Lab (RKLB) Gross Margin (2020 - 2026)
Rocket Lab (RKLB) posted quarterly Gross Margin of 38.18% for Q1 2026, up 942.0% year-over-year from 3.66% in Q1 2025, and up 0.53% on a QoQ basis from 37.98% in Q4 2025.
Rocket Lab (RKLB) Gross Margin (2020 - 2026) Analysis & Trends
Rocket Lab (RKLB) has reported Gross Margin for 7 consecutive years, with 38.18% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 942.0% year-over-year to 38.18%; the TTM figure through Mar 2026 stood at 36.56% (up 926.0% YoY), while the FY2025 annual figure was 34.43%, up 780.0% from the prior year.
- Gross Margin came in at 38.18% for Q1 2026 at Rocket Lab, up from 37.98% in the prior quarter.
- The five-year high for Gross Margin was 38.18% in Q1 2026, with the low at 3.54% in Q4 2022.
- Average Gross Margin over 5 years is 23.43%, with a median of 25.82% recorded in 2023.
- The largest YoY upside for Gross Margin was 24893 bps in 2022 against a maximum downside of 2079 bps in 2022.
- Year by year, Gross Margin stood at 3.54% in 2022, then surged by 630 bps to 25.82% in 2023, then grew by 8 bps to 27.81% in 2024, then soared by 37 bps to 37.98% in 2025, then rose by 1 bps to 38.18% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 38.18%, 37.98%, and 36.96% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 11.46% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 41.11% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 67.40% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 11.53% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 36.92% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 59.39% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 34.90% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 38.18% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 24.41% |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn | 41.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.18% |
| Dec 31, 2025 | 37.98% |
| Sep 30, 2025 | 36.96% |
| Jun 30, 2025 | 32.10% |
| Mar 31, 2025 | 28.76% |
| Dec 31, 2024 | 27.81% |
| Sep 30, 2024 | 26.71% |
| Jun 30, 2024 | 25.56% |
| Mar 31, 2024 | 26.06% |
| Dec 31, 2023 | 25.82% |
| Sep 30, 2023 | 22.12% |
| Jun 30, 2023 | 23.52% |
| Mar 31, 2023 | 11.58% |
| Dec 31, 2022 | 3.54% |
| Sep 30, 2022 | 13.43% |
| Jun 30, 2022 | 8.94% |
| Mar 31, 2022 | 9.18% |
| Dec 31, 2021 | 24.33% |
| Sep 30, 2021 | -235.50% |
| Jun 30, 2021 | 21.84% |