Operating Income for Rocket Lab USA (RKLB)
According to Rocket Lab USA's latest reported financial statements, the company's current operating income (TTM) is -$225.62M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
RKLB
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
-$225.62M
YoY change
+20.6%
5Y CAGR
N/A
Peak year (2019)
-$32.89M
Cumulative operating income
-$921.66M
Operating Income history chart for Rocket Lab USA (RKLB) from 2019 to 2025
Operating Income history table for Rocket Lab USA (RKLB) from 2019 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | -$228.84M | +20.6% | -$39.04M | ||
| 2024 | -$189.80M | +6.7% | -$11.88M | ||
| 2023 | -$177.92M | +31.6% | -$42.71M | ||
| 2022 | -$135.20M | +32.5% | -$33.15M | ||
| 2021 | -$102.05M | +85.7% | -$47.10M | ||
| 2020 | -$54.95M | +67.1% | -$22.06M | ||
| 2019 | -$32.89M | — | — |
Operating Income values are taken from Rocket Lab USA's reported income 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
The 2025 reading of Rocket Lab USA (RKLB) operating income is -$228.84M – grew 20.6% year-over-year.
The dataset's maximum operating income sits at -$32.89M (2019); the minimum reading of -$228.84M dates to 2025.
Rocket Lab USA (RKLB) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $8.59B.
Rocket Lab USA Operating Income by Year
Rocket Lab USA Operating Income 2025: -$228.84M
Rocket Lab USA operating income in 2025 was -$228.84M, grew 20.6% from 2024. This figure represents the lowest annual value in the available history.
Rocket Lab USA Operating Income 2024: -$189.80M
Rocket Lab USA operating income in 2024 was -$189.80M, grew 6.7% from 2023.
Rocket Lab USA Operating Income 2023: -$177.92M
Rocket Lab USA operating income in 2023 was -$177.92M, surged 31.6% from 2022.
Rocket Lab USA Operating Income 2022: -$135.20M
Rocket Lab USA operating income in 2022 was -$135.20M, surged 32.5% from 2021.
Rocket Lab USA Operating Income 2021: -$102.05M
Rocket Lab USA operating income in 2021 was -$102.05M.
See more financial history for Rocket Lab USA (RKLB).
Sector peers — Operating Income
Companies in the same sector as Rocket Lab USA, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar (CAT) | $11.21B | Industrials |
| Union Pacific (UNP) | $9.84B | Industrials |
| RTX (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Eaton Corporation (ETN) | $5.23B | Industrials |
| Vertiv Holdings (VRT) | $1.90B | Industrials |
| Boeing (BA) | -$5.42B | Industrials |
Frequently asked questions
What is Rocket Lab USA's operating income?
Latest reported operating income for Rocket Lab USA (RKLB) is -$225.62M (period ending March 31, 2026).
How has Rocket Lab USA operating income changed year-over-year?
Rocket Lab USA (RKLB) operating income changed +20.6% year-over-year on the latest annual filing.
When did Rocket Lab USA operating income hit its highest annual value?
Rocket Lab USA operating income reached its highest annual value of -$32.89M in 2019.
What was Rocket Lab USA operating income in 2024?
Rocket Lab USA (RKLB) operating income in 2024 was -$189.80M.
What was Rocket Lab USA operating income in 2025?
Rocket Lab USA (RKLB) operating income in 2025 was -$228.84M.
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