Rocket Lab annual operating margin
2020
2021
2022
2023
2024
2025
Rocket Lab Operating Margin Growth & History (RKLB)
Rocket Lab's operating margin was −38.03% for fiscal 2025.
View full Rocket Lab company overviewRocket Lab annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −38.03% | +5.49 pp |
| 2024 | 2024-12-31 | −43.51% | +29.23 pp |
| 2023 | 2023-12-31 | −72.74% | −8.66 pp |
| 2022 | 2022-12-31 | −64.08% | +99.90 pp |
| 2021 | 2021-12-31 | −163.97% | −7.68 pp |
| 2020 | 2020-12-31 | −156.29% | — |
Rocket Lab quarterly operating margin
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 margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −24.57% | +16.70 pp |
| Q1 2026 | 2026-03-31 | −27.94% | +20.35 pp |
| Q4 2025 | 2025-12-31 | −28.41% | +10.53 pp |
| Q3 2025 | 2025-09-30 | −38.02% | +11.49 pp |
| Q2 2025 | 2025-06-30 | −41.27% | −0.55 pp |
| Q1 2025 | 2025-03-31 | −48.29% | −1.85 pp |
| Q4 2024 | 2024-12-31 | −38.94% | +40.88 pp |
| Q3 2024 | 2024-09-30 | −49.52% | +7.91 pp |
| Q2 2024 | 2024-06-30 | −40.73% | +32.06 pp |
| Q1 2024 | 2024-03-31 | −46.44% | +37.39 pp |
| Q4 2023 | 2023-12-31 | −79.82% | −7.91 pp |
| Q3 2023 | 2023-09-30 | −57.43% | −6.68 pp |
| Q2 2023 | 2023-06-30 | −72.78% | −13.01 pp |
| Q1 2023 | 2023-03-31 | −83.83% | −3.19 pp |
| Q4 2022 | 2022-12-31 | −71.91% | +16.64 pp |
| Q3 2022 | 2022-09-30 | −50.75% | +938.37 pp |
| Q2 2022 | 2022-06-30 | −59.77% | +56.66 pp |
| Q1 2022 | 2022-03-31 | −80.63% | −13.07 pp |
| Q4 2021 | 2021-12-31 | −88.55% | +31.83 pp |
| Q3 2021 | 2021-09-30 | −989.12% | — |
| Q2 2021 | 2021-06-30 | −116.44% | — |
| Q1 2021 | 2021-03-31 | −67.56% | — |
| Q3 2020 | 2020-09-30 | −120.38% | — |
Rocket Lab operating margin trends
Over the last five reported fiscal years, Rocket Lab's operating margin increased from −156.29% to −38.03%, a change of +118.27 percentage points. The latest reported quarter, Q2 2026, shows −24.57%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Rocket Lab filings at SEC.gov ↗