Rocket Lab annual net debt
2020
2021
2022
2023
2024
2025
Rocket Lab Net Debt Growth & History (RKLB)
Rocket Lab's net debt was −$716.0M for fiscal 2025.
View full Rocket Lab company overviewRocket Lab annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$716.0M | −$574.4M | — |
| 2024 | 2024-12-31 | −$141.6M | −$161.3M | — |
| 2023 | 2023-12-31 | $19.8M | $105.8M | — |
| 2022 | 2022-12-31 | −$86.0M | $474.1M | — |
| 2021 | 2021-12-31 | −$560.1M | −$534.7M | — |
| 2020 | 2020-12-31 | −$25.5M | — | — |
Rocket Lab quarterly net debt
Q4.20
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$2.01B | −$1.60B | — |
| Q1 2026 | 2026-03-31 | −$1.10B | −$944.3M | — |
| Q4 2025 | 2025-12-31 | −$716.0M | −$574.4M | — |
| Q3 2025 | 2025-09-30 | −$638.3M | −$471.4M | — |
| Q2 2025 | 2025-06-30 | −$412.4M | −$200.9M | — |
| Q1 2025 | 2025-03-31 | −$159.4M | $73.5M | — |
| Q4 2024 | 2024-12-31 | −$141.6M | −$161.3M | — |
| Q3 2024 | 2024-09-30 | −$166.8M | −$188.1M | — |
| Q2 2024 | 2024-06-30 | −$211.5M | −$177.3M | — |
| Q1 2024 | 2024-03-31 | −$232.9M | −$177.6M | — |
| Q4 2023 | 2023-12-31 | $19.8M | $105.8M | — |
| Q3 2023 | 2023-09-30 | $21.2M | $205.0M | — |
| Q2 2023 | 2023-06-30 | −$34.2M | $360.7M | — |
| Q1 2023 | 2023-03-31 | −$55.4M | $398.8M | — |
| Q4 2022 | 2022-12-31 | −$86.0M | $474.1M | — |
| Q3 2022 | 2022-09-30 | −$183.8M | $486.3M | — |
| Q2 2022 | 2022-06-30 | −$394.9M | — | — |
| Q1 2022 | 2022-03-31 | −$454.2M | — | — |
| Q4 2021 | 2021-12-31 | −$560.1M | −$534.7M | — |
| Q3 2021 | 2021-09-30 | −$670.1M | — | — |
| Q4 2020 | 2020-12-31 | −$25.5M | — | — |
Rocket Lab net debt trends
Over the last five fiscal years, Rocket Lab's net debt decreased from −$25.5M to −$716.0M, a change of −$690.5M. The latest reported quarter, Q2 2026, shows −$2.01B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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