Rocket Lab annual operating expenses
2020
2021
2022
2023
2024
2025
Rocket Lab Operating Expenses Growth & History (RKLB)
Rocket Lab's operating expenses was $436.0M for fiscal 2025.
View full Rocket Lab company overviewRocket Lab annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $436.0M | $130.1M | +42.51% |
| 2024 | 2024-12-31 | $305.9M | $76.6M | +33.41% |
| 2023 | 2023-12-31 | $229.3M | $75.1M | +48.73% |
| 2022 | 2022-12-31 | $154.2M | $54.0M | +53.95% |
| 2021 | 2021-12-31 | $100.2M | $57.0M | +132.20% |
| 2020 | 2020-12-31 | $43.1M | — | — |
Rocket Lab quarterly operating expenses
Q3.20
Q1.21
Q2.21
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 | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $142.1M | $36.1M | +34.01% |
| Q1 2026 | 2026-03-31 | $132.5M | $38.0M | +40.27% |
| Q4 2025 | 2025-12-31 | $119.3M | $30.9M | +34.98% |
| Q3 2025 | 2025-09-30 | $116.3M | $36.4M | +45.54% |
| Q2 2025 | 2025-06-30 | $106.0M | $35.6M | +50.53% |
| Q1 2025 | 2025-03-31 | $94.4M | $27.2M | +40.42% |
| Q4 2024 | 2024-12-31 | $88.4M | $25.0M | +39.43% |
| Q3 2024 | 2024-09-30 | $79.9M | $26.1M | +48.43% |
| Q2 2024 | 2024-06-30 | $70.4M | $10.7M | +17.88% |
| Q1 2024 | 2024-03-31 | $67.3M | $14.9M | +28.41% |
| Q4 2023 | 2023-12-31 | $63.4M | $24.3M | +62.28% |
| Q3 2023 | 2023-09-30 | $53.8M | $13.4M | +33.01% |
| Q2 2023 | 2023-06-30 | $59.8M | $21.6M | +56.76% |
| Q1 2023 | 2023-03-31 | $52.4M | $15.8M | +43.27% |
| Q4 2022 | 2022-12-31 | $39.1M | $8.0M | +25.91% |
| Q3 2022 | 2022-09-30 | $40.5M | $625,000 | +1.57% |
| Q2 2022 | 2022-06-30 | $38.1M | $22.5M | +144.39% |
| Q1 2022 | 2022-03-31 | $36.6M | $22.9M | +166.79% |
| Q4 2021 | 2021-12-31 | $31.0M | — | — |
| Q3 2021 | 2021-09-30 | $39.8M | $28.9M | +263.54% |
| Q2 2021 | 2021-06-30 | $15.6M | — | — |
| Q1 2021 | 2021-03-31 | $13.7M | — | — |
| Q3 2020 | 2020-09-30 | $11.0M | — | — |
Rocket Lab operating expenses trends
Over the last five fiscal years, Rocket Lab's operating expenses increased from $43.1M to $436.0M, a change of $392.9M. The latest reported quarter, Q2 2026, shows $142.1M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Rocket Lab source filings ↗