Filing Flows › Rocket Lab (RKLB) › Q2 2026 › vs Q1 2026
Rocket Lab (RKLB) Q2 2026 vs Q1 2026 (quarter over quarter)
Rocket Lab's revenue rose $33.7M (+17%) from $200M in Q1 2026 to $234M in Q2 2026. The biggest changes: Product revenues +$53.9M (+42%); Service revenues −$20.1M (-28%).
Rocket Lab, Q2 2026: revenue $234M (+62% year over year), operating margin -24.6%, net loss $49.3M, operating cash flow −$84.1M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Product revenues | $181M | $127M | $53.9M | +42% |
| Service revenues | $52.7M | $72.9M | −$20.1M | -28% |
| Revenue | $234M | $200M | $33.7M | +17% |
| Other income, net | $13.6M | $9.2M | $4.4M | +48% |
| Net loss | $49.3M | $45.0M | $4.2M | +9% |
| Costs & expenses | $297M | $256M | $40.6M | +16% |
| Operating costs | $292M | $256M | $35.3M | +14% |
| Income tax | $5.3M | −$1.8M | $7.1M | — |
| Cost of revenue | $149M | $124M | $25.6M | +21% |
| Research & development | $82.4M | $80.5M | $1.9M | +2% |
| SG&A | $59.7M | $51.9M | $7.7M | +15% |
| Operating cash sources | $125M | $93.4M | $31.1M | +33% |
| Depreciation & amortization | $20.9M | $15.0M | $6.0M | +40% |
| Share-based compensation | $19.6M | $28.1M | −$8.6M | -30% |
| Cash used in operations | $84.1M | $50.3M | $33.7M | +67% |
| Net loss absorbed | $49.3M | $45.0M | $4.2M | +9% |
| Working capital & other | $75.3M | $48.4M | $26.9M | +56% |
Questions
How much did Rocket Lab's revenue grow quarter over quarter in Q2 2026?
Rocket Lab's revenue rose $33.7M (+17%) from $200M in Q1 2026 to $234M in Q2 2026.
What drove Rocket Lab's revenue change in Q2 2026?
Product revenues +$53.9M (+42%); Service revenues −$20.1M (-28%).