Free Cash Flow for Rocket Lab USA (RKLB)
Free Cash Flow for Rocket Lab USA (RKLB): headline value -$316.30M · YoY +177.5%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
RKLB
Currently viewingFree Cash FlowSwitch metric
Latest period
-$316.30M
YoY change
+177.5%
5Y CAGR
N/A
Peak year (2019)
-$45.92M
Latest annual
-$321.81M
Free Cash Flow history chart for Rocket Lab USA (RKLB) from 2019 to 2025
Free Cash Flow history table for Rocket Lab USA (RKLB) from 2019 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | -$321.81M | +177.5% | -$205.82M | ||
| 2024 | -$115.98M | -24.5% | +$37.59M | ||
| 2023 | -$153.57M | +3.1% | -$4.62M | ||
| 2022 | -$148.95M | +52.8% | -$51.46M | ||
| 2021 | -$97.49M | +84.4% | -$44.61M | ||
| 2020 | -$52.88M | +15.1% | -$6.96M | ||
| 2019 | -$45.92M | — | — |
Free Cash Flow values are taken from Rocket Lab USA's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Rocket Lab USA (RKLB) free cash flow totalled -$321.81M – surged 177.5% year-over-year.
Across the available history, free cash flow reached its high of -$45.92M in 2019 and its low of -$321.81M in 2025.
Among 8 Industrials peers, Rocket Lab USA (RKLB) ranks 8th; the peer median for free cash flow is $4.99B.
Rocket Lab USA Free Cash Flow by Year
Rocket Lab USA Free Cash Flow 2025: -$321.81M
Rocket Lab USA free cash flow in 2025 was -$321.81M, surged 177.5% from 2024. This figure represents the lowest annual value in the available history.
Rocket Lab USA Free Cash Flow 2024: -$115.98M
Rocket Lab USA free cash flow in 2024 was -$115.98M, declined 24.5% below 2023.
Rocket Lab USA Free Cash Flow 2023: -$153.57M
Rocket Lab USA free cash flow in 2023 was -$153.57M, edged up 3.1% from 2022.
Rocket Lab USA Free Cash Flow 2022: -$148.95M
Rocket Lab USA free cash flow in 2022 was -$148.95M, surged 52.8% from 2021.
Rocket Lab USA Free Cash Flow 2021: -$97.49M
Rocket Lab USA free cash flow in 2021 was -$97.49M.
See more financial history for Rocket Lab USA (RKLB).
Sector peers — Free Cash Flow
Companies in the same sector as Rocket Lab USA, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Caterpillar (CAT) | $10.27B | Industrials |
| RTX (RTX) | $7.94B | Industrials |
| GE Aerospace (GE) | $7.26B | Industrials |
| Union Pacific (UNP) | $5.50B | Industrials |
| Eaton Corporation (ETN) | $4.47B | Industrials |
| Deere & Company (DE) | $3.23B | Industrials |
| Vertiv Holdings (VRT) | $1.89B | Industrials |
| Boeing (BA) | -$1.88B | Industrials |
Frequently asked questions
What is Rocket Lab USA's free cash flow?
Latest reported free cash flow for Rocket Lab USA (RKLB) is -$316.30M (period ending March 31, 2026).
How has Rocket Lab USA free cash flow changed year-over-year?
Rocket Lab USA (RKLB) free cash flow changed +177.5% year-over-year on the latest annual filing.
When did Rocket Lab USA free cash flow hit its highest annual value?
Rocket Lab USA free cash flow reached its highest annual value of -$45.92M in 2019.
What was Rocket Lab USA free cash flow in 2024?
Rocket Lab USA (RKLB) free cash flow in 2024 was -$115.98M.
What was Rocket Lab USA free cash flow in 2025?
Rocket Lab USA (RKLB) free cash flow in 2025 was -$321.81M.
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