RKLB Q3 2024 Earnings — Income Statement Breakdown
For its Q3 2024 period (ending 2024-09-30), RKLB reported revenue of $105M, gross profit of $28M (26.7% gross margin), operating income of −$52M, and net income of −$52M (-49.6% net margin). The flow of revenue into costs and profit is visualized below.
What changed
RKLB reported a net loss; revenue grew 54.9% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +54.9% | −28.0% | +10.4 pp |
| Quarter over quarter | −1.4% | −24.8% | −10.4 pp |
Consensus estimate data is not available for this report.
RKLB Q3 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $105M | 100% |
| Cost of Revenue | −$77M | 73.3% |
| Gross Profit | $28M | 26.7% |
| Research & Development | −$48M | 45.5% |
| Selling, General & Administrative | −$32M | 30.7% |
| Operating Income | −$52M | -49.5% |
| Interest Expense | −$454,000 | 0.4% |
| Other Income, net | $1M | 1.3% |
| Income Tax Expense | −$944,000 | 0.9% |
| Net Income | −$52M | -49.6% |
Source: original SEC filing (filed 2024-11-12). Accession 0000950170-24-125448. Data normalized by EarningsFyi.