RKLB Q2 2024 Earnings — Income Statement Breakdown
For its Q2 2024 period (ending 2024-06-30), RKLB reported revenue of $106M, gross profit of $27M (25.6% gross margin), operating income of −$43M, and net income of −$42M (-39.2% net margin). The flow of revenue into costs and profit is visualized below.
What changed
RKLB reported a net loss; revenue grew 14.5% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +14.5% | +5.9% | +8.5 pp |
Consensus estimate data is not available for this report.
RKLB Q2 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $106M | 100% |
| Cost of Revenue | −$79M | 74.4% |
| Gross Profit | $27M | 25.6% |
| Research & Development | −$40M | 37.6% |
| Selling, General & Administrative | −$31M | 28.7% |
| Operating Income | −$43M | -40.7% |
| Interest Expense | −$824,000 | 0.8% |
| Other Income, net | $2M | 2.1% |
| Income Tax Expense | $860,000 | 0.8% |
| Net Income | −$42M | -39.2% |
Source: original SEC filing (filed 2024-08-08). Accession 0000950170-24-094034. Data normalized by EarningsFyi.