TTM
36.6%
YoY change
+7.80pp
Trough year (2020)
-33.6%
Peak year (2025)
34.4%
Latest annual
34.4%
Gross Margin history chart for Rocket Lab USA (RKLB) from 2019 to 2025
Latest: 34.4%
Gross Margin change chart for Rocket Lab USA (RKLB) from 2019 to 2025
Latest: +7.80pp
Gross Margin history table for Rocket Lab USA (RKLB) from 2019 to 2025
| 2025 | 34.4% | +7.80pp | ||
| 2024 | 26.6% | +5.61pp | ||
| 2023 | 21.0% | +12.02pp | ||
| 2022 | 9.0% | +12.04pp | ||
| 2021 | -3.0% | +30.57pp | ||
| 2020 | -33.6% | -31.39pp | ||
| 2019 | -2.2% | — |
- 202534.4%+7.80pp
- 202426.6%+5.61pp
- 202321.0%+12.02pp
- 20229.0%+12.04pp
- 2021-3.0%+30.57pp
- 2020-33.6%-31.39pp
- 2019-2.2%—
Gross Margin values are taken from Rocket Lab USA's reported income 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 Gross Margin at Rocket Lab USA (RKLB)
According to Rocket Lab USA's latest reported financial statements, the company's latest reported gross margin is 36.6%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Rocket Lab USA (RKLB) gross margin is 34.43% – expanded 7.8 percentage points year-over-year.
34.43% stands as the all-time-high annual gross margin, posted in 2025, against a low of -33.61% during 2020.
Rocket Lab USA Gross Margin by Year
Rocket Lab USA Gross Margin 2025: 34.4%
Rocket Lab USA gross margin in 2025 was 34.43%, expanded 7.8 percentage points from 2024. This figure represents the highest annual value in the available history.
Rocket Lab USA Gross Margin 2024: 26.6%
2024's gross margin for Rocket Lab USA came in at 26.63%, expanded 5.6 percentage points from 2023.
Rocket Lab USA Gross Margin 2023: 21.0%
Rocket Lab USA posted gross margin of 21.02% in 2023, expanded 12.0 percentage points from 2022.
Rocket Lab USA Gross Margin 2022: 9.0%
In 2022, Rocket Lab USA reported gross margin of 9.00%, expanded 12.0 percentage points from 2021.
Rocket Lab USA Gross Margin 2021: -3.0%
Rocket Lab USA gross margin in 2021 was -3.04%.
See more financial history for Rocket Lab USA (RKLB).
Sector peers by Gross Margin
Industrials peers of Rocket Lab USA (RKLB), ranked by their latest gross margin
| 45.7% | |
| 36.9% | |
| 36.9% | |
| 35.1% | |
| 34.8% | |
| 32.5% | |
| 20.2% | |
| 4.8% |
- 45.7%
- 35.1%
- 34.8%
- 32.5%
- 20.2%
- 4.8%
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Rocket Lab USA (RKLB) Key Financials
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