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Latest period

$154.67M

YoY change

+132.9%

5Y CAGR

+44.1%

Peak year (2025)

$156.28M

CapEx history chart for Rocket Lab USA (RKLB) from 2019 to 2025

Latest: $156.28M

CapEx growth chart for Rocket Lab USA (RKLB) from 2019 to 2025

Latest: +132.9%

CapEx history table for Rocket Lab USA (RKLB) from 2019 to 2025

  • 2025$156.28M+132.9%
  • 2024$67.09M+22.6%
  • 2023$54.71M+29.0%
  • 2022$42.41M+65.0%
  • 2021$25.70M+2.3%
  • 2020$25.12M+3.3%
  • 2019$24.32M

CapEx values are taken from Rocket Lab USA's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About CapEx at Rocket Lab USA (RKLB)

According to Rocket Lab USA's latest reported financial statements, the company's current CapEx (TTM) is $154.67M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

Rocket Lab USA (RKLB) most recent annual CapEx stands at $156.28M (2025) – surged 132.9% year-over-year.

Looking at the 2020–2025 (5 years) stretch, Rocket Lab USA CapEx compounded at +44.1% per year, sustaining 6 straight years of year-over-year growth.

Across the available history, CapEx reached its high of $156.28M in 2025 and its low of $24.32M in 2019.

Rocket Lab USA Capital Expenditures by Year

Rocket Lab USA Capital Expenditures 2025: $156.28M

Rocket Lab USA posted CapEx of $156.28M in 2025, surged 132.9% from 2024. This figure represents the highest annual value in the available history.

Rocket Lab USA Capital Expenditures 2024: $67.09M

In 2024, Rocket Lab USA reported CapEx of $67.09M, grew 22.6% from 2023.

Rocket Lab USA Capital Expenditures 2023: $54.71M

Rocket Lab USA CapEx in 2023 was $54.71M, grew 29.0% from 2022.

Rocket Lab USA Capital Expenditures 2022: $42.41M

2022's CapEx for Rocket Lab USA came in at $42.41M, surged 65.0% from 2021.

Rocket Lab USA Capital Expenditures 2021: $25.70M

Rocket Lab USA CapEx in 2021 was $25.70M.

See more financial history for Rocket Lab USA (RKLB).

Sector peers by CapEx

Industrials peers of Rocket Lab USA (RKLB), ranked by their latest CapEx

Frequently asked questions