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Rocket Lab (RKLB) R&D spending by quarter

Rocket Lab's R&D spending was $82.4M in Q2 2026 (second quarter 2026), +2% from Q1 2026. Over the last 7 quarters it ranged from $48.3M (Q4 2024) to $82.4M (Q2 2026).

Rocket Lab R&D spending by quarterRocket Lab R&D spending by quarter$48.3MQ4 2024$55.1MQ1 2025$66.1MQ2 2025$70.7MQ3 2025$78.8MQ4 2025$80.5MQ1 2026$82.4MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$82.4M+2%+25%
Q1 2026$80.5M+2%+46%
Q4 2025$78.8M+11%+63%
Q3 2025$70.7M+7%—
Q2 2025$66.1M+20%—
Q1 2025$55.1M+14%—
Q4 2024$48.3M——

Q2 2026 at a glance

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 follows the revenue to costs, profit and cash.

Questions

What is Rocket Lab's R&D spending?

Rocket Lab's R&D spending was $82.4M in Q2 2026 (second quarter 2026), +2% from Q1 2026.

How has Rocket Lab's R&D spending changed?

Over the last 7 quarters it ranged from $48.3M (Q4 2024) to $82.4M (Q2 2026).

Q2 2026 results → · How Rocket Lab makes money →