Rocket Lab (RKLB) Operating Expenses (2020 - 2026)

Rocket Lab has reported Operating Expenses for 7 years, with the latest figure at $132.5 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 40.27% year-over-year to $132.5 million; the trailing twelve-month figure through Mar 2026 stood at $474.0 million (up 42.3% YoY), and the FY2025 full-year result was $436.0 million, up 42.51% from the prior year.
• Operating Expenses for Q1 2026 stood at $132.5 million, up from $119.3 million in the prior quarter.
• The five-year high for Operating Expenses was $132.5 million in Q1 2026, with the low at $36.6 million in Q1 2022.
• Average Operating Expenses over 5 years is $74.0 million, with a median of $67.3 million recorded in 2024.
• Peak annual rise in Operating Expenses reached 166.79% in 2022, while the deepest fall reached 1.57% in 2022.
• Tracing RKLB's Operating Expenses over 5 years: stood at $39.1 million in 2022, then surged by 62.28% to $63.4 million in 2023, then jumped by 39.43% to $88.4 million in 2024, then jumped by 34.98% to $119.3 million in 2025, then advanced by 11.06% to $132.5 million in 2026.
• The last three Operating Expenses figures came in at $132.5 million (Q1 2026), $119.3 million (Q4 2025), and $116.3 million (Q3 2025), per Business Quant data.

Peer Comparison