RKLB Q4 2025 Earnings — Income Statement Breakdown
For its Q4 2025 period (ending 2025-12-31), RKLB reported revenue of $180M, gross profit of $68M (38.0% gross margin), operating income of −$51M, and net income of −$53M (-29.5% net margin). The flow of revenue into costs and profit is visualized below.
What changed
RKLB reported a net loss; revenue grew 35.7% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +35.7% | −1.1% | +10.1 pp |
| Quarter over quarter | +15.8% | −189.9% | −17.7 pp |
Consensus estimate data is not available for this report.
RKLB Q4 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $180M | 100% |
| Cost of Revenue | −$111M | 62.0% |
| Gross Profit | $68M | 38.0% |
| Research & Development | −$79M | 43.9% |
| Selling, General & Administrative | −$40M | 22.5% |
| Operating Income | −$51M | -28.4% |
| Interest Expense | −$5M | 2.8% |
| Other Income, net | $14M | 8.0% |
| Income Tax Expense | −$11M | 6.3% |
| Net Income | −$53M | -29.5% |
Source: original SEC filing (filed 2026-02-26). Accession 0001819994-26-000012. Data normalized by EarningsFyi.