Filing Flows › Rocket Lab (RKLB) › Q3 2026 › vs Q3 2025
Rocket Lab (RKLB) Q3 2026 vs Q3 2025 (year over year)
Rocket Lab's revenue rose $113M (+73%) from $155M in Q3 2025 to $268M in Q3 2026. The biggest changes: Product revenues +$93.4M (+90%); Service revenues +$19.3M (+38%).
Rocket Lab, Q3 2026: revenue $268M (+73% year over year), operating margin -29.6%, net loss $79.7M, operating cash flow $7.2M. The chart draws each line against Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Product revenues | $197M | $104M | $93.4M | +90% |
| Service revenues | $70.3M | $51.0M | $19.3M | +38% |
| Revenue | $268M | $155M | $113M | +73% |
| Other income, net | $3.0M | −$379K | $3.4M | — |
| Net loss | $79.7M | $18.3M | $61.4M | +336% |
| Costs & expenses | $351M | $214M | $136M | +63% |
| Operating costs | $347M | $214M | $133M | +62% |
| Income tax | $3.5M | −$41.1M | $44.6M | — |
| Cost of revenue | $178M | $97.8M | $80.0M | +82% |
| Research & development | $98.4M | $70.7M | $27.7M | +39% |
| SG&A | $70.9M | $45.6M | $25.3M | +55% |
| Operating cash sources | $86.8M | −$5.3M | $92.1M | — |
| Depreciation & amortization | $21.7M | $11.7M | $10.0M | +85% |
| Share-based compensation | $18.3M | $15.7M | $2.6M | +17% |
| Working capital & other | $46.8M | −$32.7M | $79.5M | — |
| Net loss absorbed | $79.7M | $18.3M | $61.4M | +336% |
| Operating cash flow | $7.2M | −$23.5M | $30.7M | — |
| Capital expenditures | $31.1M | $45.9M | −$14.8M | -32% |
| Negative free cash flow (OCF − capex) | $23.9M | $69.4M | −$45.5M | -66% |
Questions
How much did Rocket Lab's revenue grow year over year in Q3 2026?
Rocket Lab's revenue rose $113M (+73%) from $155M in Q3 2025 to $268M in Q3 2026.
What drove Rocket Lab's revenue change in Q3 2026?
Product revenues +$93.4M (+90%); Service revenues +$19.3M (+38%).