United States was Rocket Lab’s largest region in fiscal 2025, bringing in $1.43B of $1.81B (79%).
| Geography | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| United States | $493.78M | $554.24M | $804.98M | $1.43B |
| Canada | $13.69M | $108.35M | $313.16M | $60.50M |
| Japan | $45.92M | $31.37M | $92.05M | $196.91M |
| Rest Of World | $79.61M | $39.81M | $98.45M | $121.80M |
| Total | $632.99M | $733.78M | $1.31B | $1.81B |
Rocket Lab brought in $1.81B from its four regions in fiscal 2025, the year ended December 31, 2025. That is less than the $2.33B it reports by timing of transfer of good or service, so these regions do not cover all of its revenue. United States was the largest at $1.43B (79.0%), ahead of Japan at $196.91M (10.9%) and Rest Of World at $121.80M (6.7%). The remaining region, Canada, brought in $60.50M.
Compared with fiscal 2024, Japan grew fastest, up 113.9% to $196.91M, while Canada fell the most, down 80.7% to $60.50M.
Service Revenues was Rocket Lab’s largest revenue line in fiscal 2025, bringing in $1.29B of $2.33B (55%).
| Timing of Transfer of Good or Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Service Revenues | — | $479.78M | — | $1.29B | ||
| Launch Services | $180.60M | $429.08M | $376.01M | $716.33M | ||
| Space Systems | $267.51M | — | $708.61M | $322.30M | ||
| Total | $448.11M | $908.85M | $1.08B | $2.33B |
Rocket Lab brought in $2.33B from its three revenue lines in fiscal 2025, the year ended December 31, 2025. Rocket Lab regrouped these revenue lines after fiscal 2024, so the total does not compare directly with that year's $1.08B. Service Revenues was the largest at $1.29B (55.4%), ahead of Launch Services at $716.33M (30.8%) and Space Systems at $322.30M (13.9%).
Compared with fiscal 2024, Launch Services grew 90.5% to $716.33M, while Space Systems fell 54.5% to $322.30M.
Rocket Lab began breaking out Service Revenues in fiscal 2023, when it brought in $479.78M.
Over-Time was Rocket Lab’s largest revenue line in fiscal 2025, bringing in $885.98M of $1.36B (65%).
| Timing Of Transfer Of Good Or Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Over-Time | $267.51M | $377.98M | $708.61M | $885.98M | ||
| Over Time | — | — | — | — | ||
| Point-In-Time | $183.42M | $213.39M | $376.01M | $477.92M | ||
| Total | $450.93M | $591.38M | $1.08B | $1.36B |
Rocket Lab brought in $1.36B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That is less than the $2.33B it reports by timing of transfer of good or service, so these revenue lines do not cover all of its revenue. Over-Time was the largest at $885.98M (65.0%), ahead of Point-In-Time at $477.92M (35.0%).
Compared with fiscal 2024, Point-In-Time grew 27.1% to $477.92M and Over-Time grew 25.0% to $885.98M.
Rocket Lab (RKLB) reports its revenue by geography and by timing of transfer of good or service. In fiscal 2025, United States was its largest region, bringing in $1.43B (79.0% of the total), followed by Japan at $196.91M (10.9%).
United States was Rocket Lab's largest region in fiscal 2025, bringing in $1.43B, or 79.0% of the $1.81B total across its four regions.
Service Revenues was Rocket Lab's largest revenue line in fiscal 2025, bringing in $1.29B, or 55.4% of the $2.33B total across its three revenue lines.
Among Rocket Lab's regions that make up at least 2% of revenue, Japan grew fastest in fiscal 2025, up 113.9% from $92.05M to $196.91M.
Every figure comes from Rocket Lab's annual financial filings, as reported. Each line keeps the name Rocket Lab gives it, and years follow its fiscal calendar.
Rocket Lab's revenue by geography goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.