Rocket Lab (RKLB) Operating Margin (2020 - 2026)
Rocket Lab's quarterly Operating Margin came in at 27.94% in Q1 2026, up 2035.0% year-on-year from 1.31% in Q1 2025, and up 1.67% quarter-over-quarter from 28.41% in Q4 2025.
Rocket Lab has reported Operating Margin for 7 years, with the latest figure at 27.94% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 2035.0% year-over-year to 27.94%; the trailing twelve-month figure through Mar 2026 stood at 33.2% (up 1099.0% YoY), and the FY2025 full-year result was 38.03%, up 549.0% from the prior year.
- Operating Margin for Q1 2026 stood at 27.94%, up from 28.41% in the prior quarter.
- The five-year high for Operating Margin was 27.94% in Q1 2026, with the low at 83.83% in Q1 2023.
- Average Operating Margin over 5 years is 53.91%, with a median of 49.52% recorded in 2024.
- Peak annual rise in Operating Margin reached 93837 bps in 2022, while the deepest fall reached 1307 bps in 2022.
- Tracing RKLB's Operating Margin over 5 years: stood at 71.91% in 2022, then slipped by 11 bps to 79.82% in 2023, then surged by 51 bps to 38.94% in 2024, then increased by 27 bps to 28.41% in 2025, then climbed by 2 bps to 27.94% in 2026.
- The last three Operating Margin figures came in at 27.94% (Q1 2026), 28.41% (Q4 2025), and 38.02% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | -8.61% |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 11.57% |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 2.02% |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | 11.45% |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 32.56% |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 10.53% |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | -27.94% |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 10.01% |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 46.31% |
| 10 | Cae | 60.63 Bn | 60.14 Bn | -496.95 Mn | 14.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -27.94% |
| Dec 31, 2025 | -28.41% |
| Sep 30, 2025 | -38.02% |
| Jun 30, 2025 | -41.27% |
| Mar 31, 2025 | -48.29% |
| Dec 31, 2024 | -38.94% |
| Sep 30, 2024 | -49.52% |
| Jun 30, 2024 | -40.73% |
| Mar 31, 2024 | -46.44% |
| Dec 31, 2023 | -79.82% |
| Sep 30, 2023 | -57.43% |
| Jun 30, 2023 | -72.78% |
| Mar 31, 2023 | -83.83% |
| Dec 31, 2022 | -71.91% |
| Sep 30, 2022 | -50.75% |
| Jun 30, 2022 | -59.77% |
| Mar 31, 2022 | -80.63% |
| Dec 31, 2021 | -88.55% |
| Sep 30, 2021 | -989.12% |
| Jun 30, 2021 | -116.44% |
| Mar 31, 2021 | -67.56% |
| Dec 31, 2020 | -2.27% |
| Sep 30, 2020 | -120.38% |