Rocket Lab Capital Expenditures (CapEx) Growth & History (RKLB)
Rocket Lab's capital expenditures (capex) was $156.3M for fiscal 2025.
View full Rocket Lab company overviewRocket Lab annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $156.3M | $89.2M | +132.94% |
| 2024 | 2024-12-31 | $67.1M | $12.4M | +22.64% |
| 2023 | 2023-12-31 | $54.7M | $12.3M | +28.99% |
| 2022 | 2022-12-31 | $42.4M | $16.7M | +65.03% |
| 2021 | 2021-12-31 | $25.7M | $578,000 | +2.30% |
| 2020 | 2020-12-31 | $25.1M | — | — |
Rocket Lab quarterly capital expenditures (capex)
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $26.0M | −$6.0M | −18.71% |
| Q1 2026 | 2026-03-31 | $27.1M | −$1.6M | −5.62% |
| Q4 2025 | 2025-12-31 | $49.7M | $28.1M | +130.37% |
| Q3 2025 | 2025-09-30 | $45.9M | $34.9M | +316.70% |
| Q2 2025 | 2025-06-30 | $32.0M | $16.7M | +108.82% |
| Q1 2025 | 2025-03-31 | $28.7M | $9.5M | +49.54% |
| Q4 2024 | 2024-12-31 | $21.6M | $11.1M | +106.97% |
| Q3 2024 | 2024-09-30 | $11.0M | −$10.0M | −47.65% |
| Q2 2024 | 2024-06-30 | $15.3M | $4.8M | +45.14% |
| Q1 2024 | 2024-03-31 | $19.2M | $6.5M | +51.31% |
| Q4 2023 | 2023-12-31 | $10.4M | −$4.6M | −30.54% |
| Q3 2023 | 2023-09-30 | $21.0M | $12.7M | +152.09% |
| Q2 2023 | 2023-06-30 | $10.6M | −$2.3M | −17.59% |
| Q1 2023 | 2023-03-31 | $12.7M | $6.4M | +103.04% |
| Q4 2022 | 2022-12-31 | $15.0M | — | — |
| Q3 2022 | 2022-09-30 | $8.3M | $2.6M | +45.25% |
| Q2 2022 | 2022-06-30 | $12.8M | $11.2M | +676.04% |
| Q1 2022 | 2022-03-31 | $6.2M | $2.2M | +54.28% |
| Q3 2021 · Sep 30 | 2021-09-30 | $5.7M | — | — |
| Q2 2021 | 2021-06-30 | $1.7M | — | — |
| Q1 2021 | 2021-03-31 | $4.0M | — | — |
Rocket Lab capital expenditures (capex) trends
Over the last five fiscal years, Rocket Lab's capital expenditures (capex) increased from $25.1M to $156.3M, a change of $131.2M. The latest reported quarter, Q2 2026, shows $26.0M.
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Rocket Lab source filings ↗