# ROCKET LAB CORP (RKLB) FY2025 Annual P&L / Income Statement

- Company: ROCKET LAB CORP (RKLB)
- Period: 2025-01-01 to 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-26, accession number 0001819994-26-000013
- Page: https://plicit.ai/financials/rklb/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/rklb-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service by Timing of Transfer

Income statement for 2025-01-01 through 2025-12-31. 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**: 601,799,000 US dollars
- **Total cost of revenues**: 394,618,000 US dollars
- **Gross profit**: 207,181,000 US dollars
- **Total operating expenses**: 436,019,000 US dollars
- **Operating loss**: negative 228,838,000 US dollars
- **Total other income (expense), net**: 2,941,000 US dollars
- **Loss before income taxes**: negative 225,897,000 US dollars
- **Benefit (provision) for income taxes**: negative 27,688,000 US dollars
- **Net loss**: negative 198,209,000 US dollars
- **Launch Services - Point-in-time**: 159,308,000 US dollars
- **Launch Services - Over-time**: 39,734,000 US dollars
- **Space Systems - Point-in-time**: 107,432,000 US dollars
- **Space Systems - Over-time**: 295,325,000 US dollars
- **Research and development, net**: 270,716,000 US dollars
- **Selling, general and administrative**: 165,303,000 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/fy2025-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/rklb-fy2025-annual-revenue-by-business-segment-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue and costs use their disclosed categories.

- **Total revenues**: 601,799,000 US dollars
- **Total cost of revenues**: 394,618,000 US dollars
- **Gross profit**: 207,181,000 US dollars
- **Total operating expenses**: 436,019,000 US dollars
- **Operating loss**: negative 228,838,000 US dollars
- **Total other income (expense), net**: 2,941,000 US dollars
- **Loss before income taxes**: negative 225,897,000 US dollars
- **Benefit (provision) for income taxes**: negative 27,688,000 US dollars
- **Net loss**: negative 198,209,000 US dollars
- **Launch Services revenue**: 199,042,000 US dollars
- **Space Systems revenue**: 402,757,000 US dollars
- **Launch Services cost of revenue**: 117,772,000 US dollars
- **Space Systems cost of revenue**: 276,846,000 US dollars
- **Research and development, net**: 270,716,000 US dollars
- **Selling, general and administrative**: 165,303,000 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/fy2025-annual-income-statement/revenue-by-product-and-service
- Chart image: https://plicit.ai/charts/rklb-fy2025-annual-revenue-by-product-and-service-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Product and service (Schedule of Reconciliation of Disaggregation of Revenue). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 601,799,000 US dollars
- **Total cost of revenues**: 394,618,000 US dollars
- **Gross profit**: 207,181,000 US dollars
- **Total operating expenses**: 436,019,000 US dollars
- **Operating loss**: negative 228,838,000 US dollars
- **Total other income (expense), net**: 2,941,000 US dollars
- **Loss before income taxes**: negative 225,897,000 US dollars
- **Benefit (provision) for income taxes**: negative 27,688,000 US dollars
- **Net loss**: negative 198,209,000 US dollars
- **Launch Services**: 199,042,000 US dollars
- **Space Systems**: 402,757,000 US dollars
- **Research and development, net**: 270,716,000 US dollars
- **Selling, general and administrative**: 165,303,000 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/fy2025-annual-income-statement/revenue-by-timing-of-transfer
- Chart image: https://plicit.ai/charts/rklb-fy2025-annual-revenue-by-timing-of-transfer-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 601,799,000 US dollars
- **Total cost of revenues**: 394,618,000 US dollars
- **Gross profit**: 207,181,000 US dollars
- **Total operating expenses**: 436,019,000 US dollars
- **Operating loss**: negative 228,838,000 US dollars
- **Total other income (expense), net**: 2,941,000 US dollars
- **Loss before income taxes**: negative 225,897,000 US dollars
- **Benefit (provision) for income taxes**: negative 27,688,000 US dollars
- **Net loss**: negative 198,209,000 US dollars
- **Point-in-time**: 266,740,000 US dollars
- **Over-time**: 335,059,000 US dollars
- **Research and development, net**: 270,716,000 US dollars
- **Selling, general and administrative**: 165,303,000 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/fy2025-annual-income-statement/revenue-by-product-and-service-2
- Chart image: https://plicit.ai/charts/rklb-fy2025-annual-revenue-by-product-and-service-2-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Product and service. Revenue and costs use their disclosed categories.

- **Total revenues**: 601,799,000 US dollars
- **Total cost of revenues**: 394,618,000 US dollars
- **Gross profit**: 207,181,000 US dollars
- **Total operating expenses**: 436,019,000 US dollars
- **Operating loss**: negative 228,838,000 US dollars
- **Total other income (expense), net**: 2,941,000 US dollars
- **Loss before income taxes**: negative 225,897,000 US dollars
- **Benefit (provision) for income taxes**: negative 27,688,000 US dollars
- **Net loss**: negative 198,209,000 US dollars
- **Product revenues revenue**: 371,617,000 US dollars
- **Service revenues revenue**: 230,182,000 US dollars
- **Product revenues cost of revenue**: 252,848,000 US dollars
- **Service revenues cost of revenue**: 141,770,000 US dollars
- **Research and development, net**: 270,716,000 US dollars
- **Selling, general and administrative**: 165,303,000 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/fy2025-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/rklb-fy2025-annual-revenue-by-geography-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 601,799,000 US dollars
- **Total cost of revenues**: 394,618,000 US dollars
- **Gross profit**: 207,181,000 US dollars
- **Total operating expenses**: 436,019,000 US dollars
- **Operating loss**: negative 228,838,000 US dollars
- **Total other income (expense), net**: 2,941,000 US dollars
- **Loss before income taxes**: negative 225,897,000 US dollars
- **Benefit (provision) for income taxes**: negative 27,688,000 US dollars
- **Net loss**: negative 198,209,000 US dollars
- **UNITED STATES**: 475,394,000 US dollars
- **CANADA**: 20,166,000 US dollars
- **JAPAN**: 65,638,000 US dollars
- **Rest of world**: 40,601,000 US dollars
- **Research and development, net**: 270,716,000 US dollars
- **Selling, general and administrative**: 165,303,000 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/fy2025-annual-income-statement/revenue-by-business-segment-by-product-and-service
- Chart image: https://plicit.ai/charts/rklb-fy2025-annual-revenue-by-business-segment-by-product-and-service-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 601,799,000 US dollars
- **Total cost of revenues**: 394,618,000 US dollars
- **Gross profit**: 207,181,000 US dollars
- **Total operating expenses**: 436,019,000 US dollars
- **Operating loss**: negative 228,838,000 US dollars
- **Total other income (expense), net**: 2,941,000 US dollars
- **Loss before income taxes**: negative 225,897,000 US dollars
- **Benefit (provision) for income taxes**: negative 27,688,000 US dollars
- **Net loss**: negative 198,209,000 US dollars
- **Launch Services - Product revenues**: 0 US dollars
- **Launch Services - Service revenues**: 199,042,000 US dollars
- **Space Systems - Product revenues**: 371,617,000 US dollars
- **Space Systems - Service revenues**: 31,140,000 US dollars
- **Research and development, net**: 270,716,000 US dollars
- **Selling, general and administrative**: 165,303,000 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.
