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

Rocket Lab (RKLB) has reported Operating Expenses for 7 consecutive years, with $132.5 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses rose 40.27% year-over-year to $132.5 million; the TTM figure through Mar 2026 stood at $474.0 million (up 42.3% YoY), while the FY2025 annual figure was $436.0 million, up 42.51% from the prior year.
• Operating Expenses came in at $132.5 million for Q1 2026 at Rocket Lab, 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.
• The largest YoY upside for Operating Expenses was 166.79% in 2022 against a maximum downside of 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 grew by 11.06% to $132.5 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $132.5 million, $119.3 million, and $116.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.