# Rocket Lab Corp (RKLB) · Edgar & Edgarette company card

> Rocket Lab (RKLB) grew revenue 38.0% in FY2025 to $602 million, operating margin -38.0% against a 4.8% median for guided missiles & space vehicles & parts, equity 74.1% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1819994 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/RKLB) · [JSON](https://www.pops4.com/boards/company/RKLB.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $602M |
| Revenue growth, 1 year | 38.0% |
| Revenue growth per year | 76.3% |
| Operating margin | -38.0% (prior year -43.5%) |
| Net margin | -32.9% |
| Operating cash flow | −$166M |
| Capital spending | $156M |
| Free cash flow | −$322M |
| Cash | $829M |
| Long-term debt | $152M |
| Total assets | $2.3B |
| Total equity | $1.7B |
| Equity ÷ assets | 74.1% |
| Return on equity | -11.5% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 3.83 (safe zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: -2.27 (below the −1.78 line)
- Health Harbor boat: Old boat · three warning signs · operating cash flow was negative; operating loss: a margin of -38.0% in FY2025; revenue is hard to predict: its 80% range is ±51%
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $601.8M (FY2025), total debt $152.4M. Experience: revenue up 38.0% on the year, up 76.3% a year over 4 years; operating margin -38.0%, up from -43.5%. Soundness: equity 74.1% of assets, return on equity -11.5%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $476.3M and $1.5B next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $359.2M to $1.9B. A statistical range, not company guidance. Against peers (75 filers, $50M+ revenue, its industry group): operating margin -38.0% against a 4.8% median; growth 38.0% against 4.9%.

Range logged 2026-09-29, receipt d26c61735c24cebb, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-06-05 ([filing](https://www.sec.gov/Archives/edgar/data/1819994/000181999426000056/0001819994-26-000056-index.htm))

## Recent filings

- 8-K · filed 2026-10-14 · 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1819994/000181999426000067/0001819994-26-000067-index.htm)
- 8-K · filed 2026-09-15 · 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1819994/000175392626001769/0001753926-26-001769-index.htm)
- 8-K · filed 2026-08-13 · 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1819994/000175392626001463/0001753926-26-001463-index.htm)
- 8-K · filed 2026-08-13 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1819994/000175392626001454/0001753926-26-001454-index.htm)
- 10-Q · filed 2026-08-10 · [filing](https://www.sec.gov/Archives/edgar/data/1819994/000181999426000062/0001819994-26-000062-index.htm)
- 8-K · filed 2026-08-10 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1819994/000181999426000061/0001819994-26-000061-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001819994.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1819994

## Cite

POPS4, Edgar & Edgarette: Rocket Lab Corp (RKLB) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/RKLB. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.