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

Rocket Lab's Operating Expenses history runs 7 years deep, the most recent figure standing at $132.5 million for Q1 2026.

• On a quarterly basis, Operating Expenses rose 40.27% year-over-year to $132.5 million in Q1 2026; TTM through Mar 2026 was $474.0 million, a 42.3% increase from a year earlier, with the FY2025 full-year figure at $436.0 million, up 42.51% from the prior year.
• Operating Expenses improved to $132.5 million in Q1 2026 per RKLB's latest filing, from $119.3 million in the prior quarter.
• Across five years, Operating Expenses topped out at $132.5 million in Q1 2026 and bottomed at $36.6 million in Q1 2022.
• The 5-year median for Operating Expenses is $67.3 million (2024), against an average of $74.0 million.
• Biggest YoY gain for Operating Expenses was 166.79% in 2022; the steepest drop was 1.57% in 2022.
• Year by year, Operating Expenses stood at $39.1 million in 2022, then jumped by 62.28% to $63.4 million in 2023, then soared by 39.43% to $88.4 million in 2024, then soared by 34.98% to $119.3 million in 2025, then gained by 11.06% to $132.5 million in 2026.
• Per Business Quant, the three latest RKLB Operating Expenses figures stand at $132.5 million (Q1 2026), $119.3 million (Q4 2025), and $116.3 million (Q3 2025).