RKLB Q1 2024 Earnings — Income Statement Breakdown
For its Q1 2024 period (ending 2024-03-31), RKLB reported revenue of $93M, gross profit of $24M (26.1% gross margin), operating income of −$43M, and net income of −$44M (-47.7% net margin). The flow of revenue into costs and profit is visualized below.
What changed
RKLB reported a net loss; revenue grew 54.6% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +54.6% | +75.8% | +256.6 pp |
Consensus estimate data is not available for this report.
RKLB Q1 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $93M | 100% |
| Cost of Revenue | −$69M | 73.9% |
| Gross Profit | $24M | 26.1% |
| Research & Development | −$39M | 41.5% |
| Selling, General & Administrative | −$29M | 31.0% |
| Operating Income | −$43M | -46.4% |
| Other Income, net | −$1M | 1.3% |
| Income Tax Expense | −$5,000 | 0.0% |
| Net Income | −$44M | -47.7% |
Source: original SEC filing (filed 2024-05-06). Accession 0000950170-24-053620. Data normalized by EarningsFyi.