SuperworthRocket Lab USA profit margin RKLB
Gross, operating and net profit as a share of revenue over the last twelve months, from 2022.
- Net margin, 12 months
- −21.5%
- Operating margin, 12 months
- −29.1%
- Net margin on a year earlier
- +24.4 pts
- Peer median
- 15.4%
Over the twelve months to Jun 30, 2026, Rocket Lab USA kept −21.5% of its revenue as net profit, with an operating margin of −29.1% and a gross margin of 37.3%.
The median for 10 aerospace and defense stocks of a similar size is 15.4%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −32.9% | −38.0% | 34.4% |
| FY2024 | −43.6% | −43.5% | 26.6% |
| FY2023 | −74.6% | −72.7% | 21.0% |
| FY2022 | −64.4% | −64.1% | 9.0% |
| FY2021 | n/a | n/a | −3.0% |
| FY2020 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −21.5% | +24.4 pts | −29.1% | |
| Q1 FY26 | −26.9% | +17.4 pts | −33.2% | |
| Q4 FY25 | −32.9% | +10.7 pts | −38.0% | |
| Q3 FY25 | −35.6% | +16.1 pts | −41.4% | |
| Q2 FY25 | −45.9% | +8.3 pts | −44.1% | |
| Q1 FY25 | −44.3% | +19.8 pts | −44.2% | |
| Q4 FY24 | −43.6% | +31.0 pts | −43.5% | |
| Q3 FY24 | −51.8% | +19.9 pts | −51.2% | |
| Q2 FY24 | −54.2% | +16.3 pts | −53.0% | |
| Q1 FY24 | −64.2% | +4.6 pts | −61.9% | |
| Q4 FY23 | −74.6% | −10.2 pts | −72.7% | |
| Q3 FY23 | −71.6% | −20.4 pts | −70.8% |
Against its peers
Companies in Aerospace & Defense nearest Rocket Lab USA's size, closest first, today.
| Company | Profit margin |
|---|---|
| RKLBRocket Lab USA | −21.5% |
| AXONAxon Enterprise | 6.2% |
| HEIHEICO | 16.4% |
| LHXL3Harris Technologies | n/m |
| HONAHoneywell Aerospace | n/m |
| WWDWoodward | 13.2% |
| CWCurtiss-Wright | 14.8% |
| TDGTransDigm | 21.3% |
| FTAIFTAI Aviation | 15.9% |
| HWMHowmet Aerospace | 20.5% |
| TXTTextron | 6.1% |
| Peer median | 15.4% |
Where Rocket Lab USA ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Rocket Lab USA
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.