What changed in Rocket Lab Corp's latest annual report
In the year ended 31 Dec 2025, Rocket Lab Corp's revenue rose 38% to USD 601.80m, from USD 436.21m; shareholders' equity rose 350.2% to USD 1.72bn, from USD 382.45m; cash and cash equivalents rose 205.7% to USD 828.66m, from USD 271.04m.
Year ended 31 Dec 2025. Source: 10-K filed 26 Feb 2026, read it on SEC EDGAR.
USD 436.21m to USD 601.80m
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 436.21m | 601.80m | Up 38% |
| Net income | -190.18m | -198.21m | Not comparable |
| Total assets | 1.18bn | 2.32bn | Up 96.3% |
| Total liabilities | 801.89m | 602.62m | Down 24.8% |
| Long-term debt | 44.05m | 1.72m | Down 96.1% |
| Cash and cash equivalents | 271.04m | 828.66m | Up 205.7% |
| Shareholders' equity | 382.45m | 1.72bn | Up 350.2% |
Questions people ask
Did Rocket Lab Corp's revenue grow last year?
Revenue grew 38%, from USD 436.21m to USD 601.80m in the year ended 31 Dec 2025.
Is Rocket Lab Corp profitable?
Not in its latest year: it reported a net loss of USD 198.21m in the year ended 31 Dec 2025. The year before: a net loss of USD 190.18m.
How much cash and debt does Rocket Lab Corp have?
At its latest year end (31 Dec 2025), Rocket Lab Corp reported cash and cash equivalents of USD 828.66m and long-term debt of USD 1.72m.
Where do these numbers come from?
From Rocket Lab Corp's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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