# ROCKET LAB USA, INC. (RKLB) FY2025 Q1 P&L / Income Statement - Company: ROCKET LAB USA, INC. (RKLB) - Period: 2025-01-01 to 2025-03-31 - Filing: Q1 FY2025 10-Q, filed 2025-05-08, accession number 0001628280-25-023857 - Page: https://plicit.ai/financials/rklb/fy2025-q1-income-statement - Chart image: https://plicit.ai/charts/rklb-fy2025-q1-income-statement-sankey.png ## Chart details: Revenue by Product and Service by Timing of Transfer Income statement for 2025-01-01 through 2025-03-31. 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**: 122,569,000 US dollars - **Total cost of revenues**: 87,322,000 US dollars - **Gross profit**: 35,247,000 US dollars - **Total operating expenses**: 94,435,000 US dollars - **Operating loss**: negative 59,188,000 US dollars - **Total other expense, net**: negative 2,241,000 US dollars - **Loss before income taxes**: negative 61,429,000 US dollars - **Benefit (provision) for income taxes**: negative 813,000 US dollars - **Net loss**: negative 60,616,000 US dollars - **Launch Services - Point-in-time**: 35,475,000 US dollars - **Launch Services - Over-time**: 117,000 US dollars - **Space Systems - Point-in-time**: 19,264,000 US dollars - **Space Systems - Over-time**: 67,713,000 US dollars - **Selling, general and administrative**: 39,326,000 US dollars - **Research and development, net**: 55,109,000 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-q1-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/rklb-fy2025-q1-revenue-by-business-segment-sankey.png Income statement for 2025-01-01 through 2025-03-31. View: Business segment. Revenue and costs use their disclosed categories. - **Total revenues**: 122,569,000 US dollars - **Total cost of revenues**: 87,322,000 US dollars - **Gross profit**: 35,247,000 US dollars - **Total operating expenses**: 94,435,000 US dollars - **Operating loss**: negative 59,188,000 US dollars - **Total other expense, net**: negative 2,241,000 US dollars - **Loss before income taxes**: negative 61,429,000 US dollars - **Benefit (provision) for income taxes**: negative 813,000 US dollars - **Net loss**: negative 60,616,000 US dollars - **Launch Services revenue**: 35,592,000 US dollars - **Space Systems revenue**: 86,977,000 US dollars - **Launch Services cost of revenue**: 28,375,000 US dollars - **Space Systems cost of revenue**: 58,947,000 US dollars - **Selling, general and administrative**: 39,326,000 US dollars - **Research and development, net**: 55,109,000 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-q1-income-statement/revenue-by-product-and-service - Chart image: https://plicit.ai/charts/rklb-fy2025-q1-revenue-by-product-and-service-sankey.png Income statement for 2025-01-01 through 2025-03-31. View: Product and service (Schedule of Reconciliation of Disaggregation of Revenue). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 122,569,000 US dollars - **Total cost of revenues**: 87,322,000 US dollars - **Gross profit**: 35,247,000 US dollars - **Total operating expenses**: 94,435,000 US dollars - **Operating loss**: negative 59,188,000 US dollars - **Total other expense, net**: negative 2,241,000 US dollars - **Loss before income taxes**: negative 61,429,000 US dollars - **Benefit (provision) for income taxes**: negative 813,000 US dollars - **Net loss**: negative 60,616,000 US dollars - **Launch Services**: 35,592,000 US dollars - **Space Systems**: 86,977,000 US dollars - **Selling, general and administrative**: 39,326,000 US dollars - **Research and development, net**: 55,109,000 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-q1-income-statement/revenue-by-timing-of-transfer - Chart image: https://plicit.ai/charts/rklb-fy2025-q1-revenue-by-timing-of-transfer-sankey.png Income statement for 2025-01-01 through 2025-03-31. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 122,569,000 US dollars - **Total cost of revenues**: 87,322,000 US dollars - **Gross profit**: 35,247,000 US dollars - **Total operating expenses**: 94,435,000 US dollars - **Operating loss**: negative 59,188,000 US dollars - **Total other expense, net**: negative 2,241,000 US dollars - **Loss before income taxes**: negative 61,429,000 US dollars - **Benefit (provision) for income taxes**: negative 813,000 US dollars - **Net loss**: negative 60,616,000 US dollars - **Point-in-time**: 54,739,000 US dollars - **Over-time**: 67,830,000 US dollars - **Selling, general and administrative**: 39,326,000 US dollars - **Research and development, net**: 55,109,000 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-q1-income-statement/revenue-by-product-and-service-2 - Chart image: https://plicit.ai/charts/rklb-fy2025-q1-revenue-by-product-and-service-2-sankey.png Income statement for 2025-01-01 through 2025-03-31. View: Product and service. Revenue and costs use their disclosed categories. - **Total revenues**: 122,569,000 US dollars - **Total cost of revenues**: 87,322,000 US dollars - **Gross profit**: 35,247,000 US dollars - **Total operating expenses**: 94,435,000 US dollars - **Operating loss**: negative 59,188,000 US dollars - **Total other expense, net**: negative 2,241,000 US dollars - **Loss before income taxes**: negative 61,429,000 US dollars - **Benefit (provision) for income taxes**: negative 813,000 US dollars - **Net loss**: negative 60,616,000 US dollars - **Product revenues revenue**: 80,804,000 US dollars - **Service revenues revenue**: 41,765,000 US dollars - **Product revenues cost of revenue**: 53,869,000 US dollars - **Service revenues cost of revenue**: 33,453,000 US dollars - **Selling, general and administrative**: 39,326,000 US dollars - **Research and development, net**: 55,109,000 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-q1-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/rklb-fy2025-q1-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2025-01-01 through 2025-03-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenues**: 122,569,000 US dollars - **Total cost of revenues**: 87,322,000 US dollars - **Gross profit**: 35,247,000 US dollars - **Total operating expenses**: 94,435,000 US dollars - **Operating loss**: negative 59,188,000 US dollars - **Total other expense, net**: negative 2,241,000 US dollars - **Loss before income taxes**: negative 61,429,000 US dollars - **Benefit (provision) for income taxes**: negative 813,000 US dollars - **Net loss**: negative 60,616,000 US dollars - **Launch Services - Product revenues**: 0 US dollars - **Launch Services - Service revenues**: 35,592,000 US dollars - **Space Systems - Product revenues**: 80,804,000 US dollars - **Space Systems - Service revenues**: 6,173,000 US dollars - **Selling, general and administrative**: 39,326,000 US dollars - **Research and development, net**: 55,109,000 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.