Rocket Lab (RKLB) Gross Margin (2020 - 2026)
Rocket Lab's (RKLB) quarterly Gross Margin came in at 38.18% in Q1 2026, up 942.0% year-on-year from 3.66% in Q1 2025, and up 0.53% quarter-over-quarter from 37.98% in Q4 2025.
Rocket Lab (RKLB) Gross Margin (2020 - 2026) Analysis & Trends
Rocket Lab's Gross Margin history runs 7 years deep, the most recent figure standing at 38.18% for Q1 2026.
- On a quarterly basis, Gross Margin rose 942.0% year-over-year to 38.18% in Q1 2026; TTM through Mar 2026 was 36.56%, a 926.0% increase from a year earlier, with the FY2025 full-year figure at 34.43%, up 780.0% from the prior year.
- Gross Margin climbed to 38.18% in Q1 2026 per RKLB's latest filing, from 37.98% in the prior quarter.
- Across five years, Gross Margin topped out at 38.18% in Q1 2026 and bottomed at 3.54% in Q4 2022.
- The 5-year median for Gross Margin is 25.82% (2023), against an average of 23.43%.
- Biggest YoY gain for Gross Margin was 24893 bps in 2022; the steepest drop was 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 gained by 8 bps to 27.81% in 2024, then soared by 37 bps to 37.98% in 2025, then climbed by 1 bps to 38.18% in 2026.
- Per Business Quant, the three latest RKLB Gross Margin figures stand 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 | 375.88 Bn | 366.54 Bn | -3.10 Bn | -433.85% |
| 2 | Rtx | 290.44 Bn | 282.14 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 170.34 Bn | 150.32 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 133.47 Bn | 129.67 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 113.92 Bn | 111.48 Bn | 854.00 Mn | 36.92% |
| 6 | General Dynamics | 103.44 Bn | 99.11 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 77.10 Bn | 74.80 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 73.27 Bn | 69.39 Bn | 1.51 Bn | 59.39% |
| 9 | L3Harris Technologies | 51.92 Bn | 51.33 Bn | 1.40 Bn | 24.41% |
| 10 | Rocket Lab | 39.34 Bn | 38.06 Bn | 76.49 Mn | 38.18% |
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% |