Rocket Lab annual reports

Rocket Lab RKLB

Rocket Lab fiscal 2025 annual report

Fiscal 2025 (ended Dec 31, 2025) · Filed Feb 26, 2026Original

An annual report (10-K, or 20-F for a foreign company) is the business report a US-listed company files with the SEC every year.

How much did Rocket Lab sell in fiscal 2025?

As stated in annual reports · fiscal 2021–2025

Fiscal 2025 revenue

$601.8M+38.0% vs prior year

Net loss $198.2M

Rocket Lab revenue and net income by fiscal year
Rocket Lab revenue and net income by fiscal year
Fiscal yearRevenueNet income
2021$62.2M−$117.3M
2022$211M−$135.9M
2023$244.6M−$182.6M
2024$436.2M−$190.2M
2025$601.8M−$198.2M
Fiscal 2025 (ended Dec 31, 2025) · Filed Feb 26, 2026Whalegun
Revenue
$601.8M
+38.0% vs prior year
Operating income
−$228.8M
38.0% of revenue
Net income
−$198.2M
32.9% of revenue
Diluted EPS
−$0.37
Operating cash flow
−$165.5M
Free cash flow
−$321.8M

Key points the company states

Rocket Lab says Electron has completed 75 successful missions and deployed over 200 spacecraft

  • Rocket Lab is an end-to-end space company offering launch, spacecraft design, components and manufacturing.
  • Through Dec 31, 2025, Electron completed 75 successful missions and delivered over 200 spacecraft to orbit.
  • The company says Electron was the second most frequently launched orbital rocket in 2025.

Rocket Lab's 2025 revenue rose 38% to $601.8 million; net loss was $198.2 million

  • Revenue rose 38% to $601.8 million, with both Space Systems and Launch Services revenue higher.
  • Space Systems revenue was $402.8 million (up 30%) and Launch Services revenue was $199.0 million (up 59%).
  • It completed 21 launches versus 16 a year earlier; gross margin was 34.4% versus 26.6%.