# ROCKET LAB USA, INC. (RKLB) FY2024 Annual P&L / Income Statement - Company: ROCKET LAB USA, INC. (RKLB) - Period: 2024-01-01 to 2024-12-31 - Filing: FY2024 10-K, filed 2025-02-27, accession number 0001628280-25-008724 - Page: https://plicit.ai/financials/rklb/fy2024-annual-income-statement - Chart image: https://plicit.ai/charts/rklb-fy2024-annual-income-statement-sankey.png ## Chart details: Revenue by Product and Service by Timing of Transfer Income statement for 2024-01-01 through 2024-12-31. View: Product and Service by Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 436,214,000 US dollars - **Total cost of revenues**: 320,065,000 US dollars - **Gross profit**: 116,149,000 US dollars - **Total operating expenses**: 305,950,000 US dollars - **Operating loss**: negative 189,801,000 US dollars - **Total other income (expense), net**: 390,000 US dollars - **Loss before income taxes**: negative 189,411,000 US dollars - **Provision for income taxes**: 764,000 US dollars - **Net loss**: negative 190,175,000 US dollars - **Launch Services - Point-in-time**: 125,338,000 US dollars - **Launch Services - Over-time**: 38,000 US dollars - **Space Systems - Point-in-time**: 74,636,000 US dollars - **Space Systems - Over-time**: 236,202,000 US dollars - **Research and development, net**: 174,394,000 US dollars - **Selling, general and administrative**: 131,556,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/rklb/fy2024-annual-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/rklb-fy2024-annual-revenue-by-business-segment-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue and costs use their disclosed categories. - **Total revenues**: 436,214,000 US dollars - **Total cost of revenues**: 320,065,000 US dollars - **Gross profit**: 116,149,000 US dollars - **Total operating expenses**: 305,950,000 US dollars - **Operating loss**: negative 189,801,000 US dollars - **Total other income (expense), net**: 390,000 US dollars - **Loss before income taxes**: negative 189,411,000 US dollars - **Provision for income taxes**: 764,000 US dollars - **Net loss**: negative 190,175,000 US dollars - **Launch Services revenue**: 125,376,000 US dollars - **Space Systems revenue**: 310,838,000 US dollars - **Launch Services cost of revenue**: 90,786,000 US dollars - **Space Systems cost of revenue**: 229,279,000 US dollars - **Research and development, net**: 174,394,000 US dollars - **Selling, general and administrative**: 131,556,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Product and Service - Page: https://plicit.ai/financials/rklb/fy2024-annual-income-statement/revenue-by-product-and-service - Chart image: https://plicit.ai/charts/rklb-fy2024-annual-revenue-by-product-and-service-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Product and service (Schedule of Reconciliation of Disaggregation of Revenue). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 436,214,000 US dollars - **Total cost of revenues**: 320,065,000 US dollars - **Gross profit**: 116,149,000 US dollars - **Total operating expenses**: 305,950,000 US dollars - **Operating loss**: negative 189,801,000 US dollars - **Total other income (expense), net**: 390,000 US dollars - **Loss before income taxes**: negative 189,411,000 US dollars - **Provision for income taxes**: 764,000 US dollars - **Net loss**: negative 190,175,000 US dollars - **Launch Services**: 125,376,000 US dollars - **Space Systems**: 310,838,000 US dollars - **Research and development, net**: 174,394,000 US dollars - **Selling, general and administrative**: 131,556,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Timing of Transfer - Page: https://plicit.ai/financials/rklb/fy2024-annual-income-statement/revenue-by-timing-of-transfer - Chart image: https://plicit.ai/charts/rklb-fy2024-annual-revenue-by-timing-of-transfer-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 436,214,000 US dollars - **Total cost of revenues**: 320,065,000 US dollars - **Gross profit**: 116,149,000 US dollars - **Total operating expenses**: 305,950,000 US dollars - **Operating loss**: negative 189,801,000 US dollars - **Total other income (expense), net**: 390,000 US dollars - **Loss before income taxes**: negative 189,411,000 US dollars - **Provision for income taxes**: 764,000 US dollars - **Net loss**: negative 190,175,000 US dollars - **Point-in-time**: 199,974,000 US dollars - **Over-time**: 236,240,000 US dollars - **Research and development, net**: 174,394,000 US dollars - **Selling, general and administrative**: 131,556,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Product and Service (2) - Page: https://plicit.ai/financials/rklb/fy2024-annual-income-statement/revenue-by-product-and-service-2 - Chart image: https://plicit.ai/charts/rklb-fy2024-annual-revenue-by-product-and-service-2-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue and costs use their disclosed categories. - **Total revenues**: 436,214,000 US dollars - **Total cost of revenues**: 320,065,000 US dollars - **Gross profit**: 116,149,000 US dollars - **Total operating expenses**: 305,950,000 US dollars - **Operating loss**: negative 189,801,000 US dollars - **Total other income (expense), net**: 390,000 US dollars - **Loss before income taxes**: negative 189,411,000 US dollars - **Provision for income taxes**: 764,000 US dollars - **Net loss**: negative 190,175,000 US dollars - **Product revenues revenue**: 289,851,000 US dollars - **Service revenues revenue**: 146,363,000 US dollars - **Product revenues cost of revenue**: 213,835,000 US dollars - **Service revenues cost of revenue**: 106,230,000 US dollars - **Research and development, net**: 174,394,000 US dollars - **Selling, general and administrative**: 131,556,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/rklb/fy2024-annual-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/rklb-fy2024-annual-revenue-by-geography-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 436,214,000 US dollars - **Total cost of revenues**: 320,065,000 US dollars - **Gross profit**: 116,149,000 US dollars - **Total operating expenses**: 305,950,000 US dollars - **Operating loss**: negative 189,801,000 US dollars - **Total other income (expense), net**: 390,000 US dollars - **Loss before income taxes**: negative 189,411,000 US dollars - **Provision for income taxes**: 764,000 US dollars - **Net loss**: negative 190,175,000 US dollars - **UNITED STATES**: 268,326,000 US dollars - **CANADA**: 104,388,000 US dollars - **JAPAN**: 30,684,000 US dollars - **Rest of world**: 32,816,000 US dollars - **Research and development, net**: 174,394,000 US dollars - **Selling, general and administrative**: 131,556,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment by Product and Service - Page: https://plicit.ai/financials/rklb/fy2024-annual-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/rklb-fy2024-annual-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2024-01-01 through 2024-12-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 436,214,000 US dollars - **Total cost of revenues**: 320,065,000 US dollars - **Gross profit**: 116,149,000 US dollars - **Total operating expenses**: 305,950,000 US dollars - **Operating loss**: negative 189,801,000 US dollars - **Total other income (expense), net**: 390,000 US dollars - **Loss before income taxes**: negative 189,411,000 US dollars - **Provision for income taxes**: 764,000 US dollars - **Net loss**: negative 190,175,000 US dollars - **Launch Services - Product revenues**: 0 US dollars - **Launch Services - Service revenues**: 125,376,000 US dollars - **Space Systems - Product revenues**: 289,851,000 US dollars - **Space Systems - Service revenues**: 20,987,000 US dollars - **Research and development, net**: 174,394,000 US dollars - **Selling, general and administrative**: 131,556,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.