Rocket Lab (RKLB) Gross Margin (2020 - 2026)
Rocket Lab (RKLB) reported Gross Margin of 36.13% for Q2 2026, up 4.03 percentage points from 32.10% a year earlier but down 2.05 percentage points from the prior quarter.
Rocket Lab (RKLB) Gross Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Rocket Lab's Gross Margin came in at 37.26%, up 8.22 percentage points year-over-year; for FY2025, it was 34.43%, up 7.80 percentage points from FY2024.
- Gross Margin has increased for five consecutive years, with a five-year change of +68.04 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 26.63% in FY2024 (+5.61 pp), 21.02% in FY2023 (+12.02 pp), 9.00% in FY2022 (+12.04 pp) and -3.04% in FY2021 (+30.57 pp).
- Five-year quarterly Gross Margin spans a low of -235.50% in Q3 2021 and a high of 38.18% in Q1 2026.
- Year over year, Gross Margin has now increased in each of the last 14 quarters, with an average year-over-year change of +6.21 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q3 2022 (a gain of 248.93 percentage points); the low point was Q3 2021 (a drop of 217.84 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 38.18% (Q1 2026), 37.98% (Q4 2025) and 36.96% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 298.78 Bn | 257.30 Bn | 5.02 Bn | 35.57% |
| 2 | Rtx | 266.98 Bn | 235.25 Bn | 5.81 Bn | 23.25% |
| 3 | Boeing | 148.46 Bn | 55.15 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 146.40 Bn | 130.63 Bn | 2.44 Bn | 11.76% |
| 5 | General Dynamics | 96.32 Bn | 83.43 Bn | 2.18 Bn | 15.49% |
| 6 | Motorola Solutions | 80.49 Bn | 76.84 Bn | 1.68 Bn | 53.56% |
| 7 | Northrop Grumman | 80.39 Bn | 67.84 Bn | 2.35 Bn | 21.15% |
| 8 | Howmet Aerospace | 77.71 Bn | 73.31 Bn | 951.00 Mn | 37.34% |
| 9 | Honeywell International | 69.50 Bn | 21.62 Bn | 3.65 Bn | 37.59% |
| 10 | Rocket Lab | 33.90 Bn | 28.22 Bn | 84.58 Mn | 36.13% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.13% |
| 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% |
Rocket Lab Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=RKLB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "RKLB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=RKLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();