To the full analysis
Rocket Lab USA stock: growth
RKLBRocket Lab USA reported $601.8M in revenue for fiscal 2025, up 38% on the prior year, up 76.5% a year on average over up to five years.
Daily figure as of 12 Nov 2026
Revenue (Annual rate)
52.2%
per year from 2019 to 2025, per share 45.3%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2019 | |
|---|---|---|
| Revenue | 76.5% | 52.2% |
| Revenue per share | 70.6% | 45.3% |
| Earnings | no data | no data |
| Earnings per share | no data | no data |
| Free cash flow | no data | no data |
| Free cash flow per share | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2019 | $48.4M | −$30.36M | −$45.92M |
| 2020 | $35.16M | −$55.01M | −$52.88M |
| 2021 | $62.24M | −$117.32M | −$97.49M |
| 2022 | $211M | −$135.94M | −$148.95M |
| 2023 | $244.59M | −$182.57M | −$153.57M |
| 2024 | $436.21M | −$190.18M | −$115.98M |
| 2025 | $601.8M | −$198.21M | −$321.81M |
Revenue by segment
How Rocket Lab USA, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Space Systems71%
- Launch Services29%
Figures as a table
| 2021 | 2022 | 2023 | 2024 | Share 2024 | |
|---|---|---|---|---|---|
| Space Systems | $23.27M | $150.31M | $172.7M | $310.84M | 71.3% |
| Launch Services | $38.97M | $60.69M | $71.89M | $125.38M | 28.7% |
| Total revenue | $62.24M | $211M | $244.59M | $436.21M | 100% |
Revenue by region
Where Rocket Lab USA, Inc. generates its revenue.
- United States$268.3M62%
- Canada$104.4M24%
- Rest of world$32.8M8%
- Japan$30.7M7%
The company split earlier years differently. A history would not be comparable, so only 2024 is shown.
Figures as a table
| 2024 | Share 2024 | |
|---|---|---|
| United States | $268.33M | 61.5% |
| Canada | $104.39M | 23.9% |
| Rest of world | $32.82M | 7.5% |
| Japan | $30.68M | 7% |
| Total revenue | $436.21M | 100% |
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 30 Nov 2021)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.