$114.70
-7.0%Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft engineering and design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets. It also designs, manufactures, and sells Electron small orbital launch vehicles and the Photon satellite platforms, as well as developing the Neutron 8-ton payload class launch vehicle; conducts remote launch activities; and designs and manufactures a range of components and subsystems for the Photon family of spacecraft and broader merchant spacecraft components. The company serves commercial, aerospace prime contractors, and government customers. The company was founded in 2006 and is headquartered in Long Beach, California.
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.
RKLB โข NASDAQ
| Rocket Lab USA, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||
-198.2M | -190.2M | -182.6M | -135.9M | -117.3M | -55M | -30.4M | |
43.9M | 33.7M | 29.7M | 29.9M | 10.9M | 9.3M | 4.9M | |
-30.7M | 599K | 708K | -576K | -10M | -713K | 4.8M | |
71.1M | 56.8M | 53.5M | 55.6M | 32.6M | 4.2M | 3.9M | |
7.1M | 4.4M | 7.1M | -7.9M | 19.5M | 5.6M | 797K | |
(0.0) | (269K) | (769K) | (2.7M) | (1.8M) | (0.0) | (0.0) | |
-58.8M | 45.8M | -7.3M | -47.7M | -7.4M | 8.8M | -5.6M | |
-165.5M | -48.9M | -98.9M | -106.5M | -71.8M | -27.8M | -21.6M | |
INVESTING ACTIVITIES | |||||||
-156.3M | -67.1M | -54.7M | -42.4M | -25.7M | -25.1M | -24.3M | |
-132.4M | (12.5M) | -19M | -65.8M | -66.4M | -12.2M | (0.0) | |
-277.6M | -165.1M | -207.3M | -259.6M | (0.0) | (0.0) | (0.0) | |
216.3M | 118.4M | 289.3M | 21.7M | 0.0 | 0.0 | 0.0 | |
2.6M | 2.9M | 3.7M | 0.0 | 0.0 | 0.0 | 0.0 | |
-347.4M | -98.3M | (12M) | -346.1M | -92.1M | -37.3M | -24.3M | |
FINANCING ACTIVITIES | |||||||
1.2B | 0.0 | 0.0 | 0.0 | -30.4M | 0.0 | 0.0 | |
-61.8M | 302.9M | 2.1M | -271K | 98.9M | 0.0 | 0.0 | |
(0.0) | (0.0) | (0.0) | (0.0) | -30.4M | (0.0) | (0.0) | |
-113.5M | -46.3M | 5.3M | 2.3M | 731.4M | 978K | -83K | |
1.1B | 256.7M | 7.4M | 2M | 799.9M | 21.5M | -83K | |
CASH FLOW SUMMARY | |||||||
-110K | -597K | 43K | 4.4M | 2.1M | -153K | 308K | |
558.2M | 108.9M | -79.4M | -446.2M | 638.1M | -43.8M | -45.7M | |
275.3M | 166.4M | 245.9M | 692.1M | 53.9M | 97.7M | 143.4M | |
833.5M | 275.3M | 166.4M | 245.9M | 692.1M | 53.9M | 97.7M | |
-321.8M | -116M | -153.6M | -149M | -97.5M | -52.9M | -45.9M |
RKLB - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 21, 2026 | May 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 20, 2026 | May 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 08, 2026 | May 08, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 14, 2026 | April 14, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 06, 2026 | May 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 30, 2026 | March 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 17, 2026 | March 17, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 12, 2026 | March 12, 2026 | 2026 |
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