Filing Flows › Rocket Lab (RKLB) › Q2 2026 › vs Q2 2025
Rocket Lab (RKLB) Q2 2026 vs Q2 2025 (year over year)
Rocket Lab's revenue rose $89.6M (+62%) from $144M in Q2 2025 to $234M in Q2 2026. The biggest changes: Product revenues +$88.6M (+96%); Service revenues +$946K (+2%).
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 Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Product revenues | $181M | $92.7M | $88.6M | +96% |
| Service revenues | $52.7M | $51.8M | $946K | +2% |
| Revenue | $234M | $144M | $89.6M | +62% |
| Other income, net | $13.6M | −$3.8M | $17.4M | — |
| Net loss | $49.3M | $66.4M | −$17.2M | -26% |
| Costs & expenses | $297M | $211M | $86.0M | +41% |
| Operating costs | $292M | $204M | $87.4M | +43% |
| Income tax | $5.3M | $2.9M | $2.4M | +81% |
| Cost of revenue | $149M | $98.1M | $51.4M | +52% |
| Research & development | $82.4M | $66.1M | $16.3M | +25% |
| SG&A | $59.7M | $39.9M | $19.8M | +50% |
| Operating cash sources | $125M | $49.9M | $74.6M | +149% |
| Depreciation & amortization | $20.9M | $8.8M | $12.2M | +139% |
| Share-based compensation | $19.6M | $17.9M | $1.6M | +9% |
| Cash used in operations | $84.1M | $23.2M | $60.8M | +262% |
| Net loss absorbed | $49.3M | $66.4M | −$17.2M | -26% |
| Working capital & other | $75.3M | −$16.5M | $91.8M | — |
Questions
How much did Rocket Lab's revenue grow year over year in Q2 2026?
Rocket Lab's revenue rose $89.6M (+62%) from $144M in Q2 2025 to $234M in Q2 2026.
What drove Rocket Lab's revenue change in Q2 2026?
Product revenues +$88.6M (+96%); Service revenues +$946K (+2%).