RK
RKLB
—
Nasdaq
Aerospace & Defense
Rocket Lab Corp
LatestRocket Lab targets SpaceX's Starlink with $8 billion acquisition
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
55,7B USD
P/E
—
EV / Rev
90,5x
Div yield
—
Op margin
-27,9 %
ROE
-2,0 %
Net margin
-22,5 %
Debt / equity
0,00
Beta
—
52w range
—
Volume
796
Day range
—
Prev close
$100,07
Open
$101,14
Next earnings
2026-07-28
Ex-dividend
—
TR 1Y
—
About
Rocket Lab Corp is classified under Industrials / Aerospace & Defense and appears not currently profitable on the latest normalized snapshot.
Business. Rocket Lab Corp (RKLB) is a technology company classified within the Software & IT Services sector, specifically operating in the Application Software industry. The firm is headquartered in the United States and is primarily listed on the Nasdaq stock exchange. Due to the absence of specific segment or geographic breakdowns in the provided data, the company is described at the industry level as an application software provider.
Classification77 %
SectorIndustrials
Business sectorAerospace & Defense
Generated · rules-based
Sell-side consensus
BUY21 analysts
16 buy5 hold0 sell
Avg 12m price target86,16
Analyst recommendations
21 analysts · consensus BuyBuy16
Hold5
Sell0
12-month price target
86,16
Consensus of sell-side coverage.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
— missing data
News & coverage
1Sector rotation
Sector1D1Mvs mkt
Materials+2,2 %+1,6 %+2,4 %
Energy+1,2 %+5,3 %+1,4 %
Real Estate+0,7 %+4,1 %+0,8 %
Health Care+0,6 %−0,5 %+0,8 %
Consumer Discretionary+0,3 %+8,7 %+0,5 %
Information Technology−0,3 %+6,5 %−0,1 %
Financials−0,3 %−4,5 %−0,1 %
Consumer Staples−1,0 %+3,0 %−0,8 %
Utilities−1,5 %−21,2 %−1,3 %
Industrials · THIS SECTOR−1,7 %−2,3 %−1,6 %
Communication Services———
Developing storylines
No tracked sagas currently linked to RKLB. Browse all sagas →
Analysis
AI analysis
Generated · analysis pipeline · tier hybrid · as of 2026-07-07
↑ At a glance
Opportunity
— missing data
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ2 2026 earnings (expected)2026-07-28 · estimated
- Macro
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Briefing · model-assisted
Rocket Lab Corporation (RKLB) experienced a significant reduction in holdings by a specific institutional investor, marking the most material change in recent data. As of March 31, 2026, investor ID 587 reduced their position from 36,020 shares to 1,736 shares. This adjustment decreased the investor’s stake value from $2.31 million to $0.11 million and lowered their portfolio weight from 0.13% to 0.00006%. The change was detected on June 20, 2026, and classified as a major severity event. This shift in ownership occurs within a broader context where Rocket Lab maintains a base of 29 top holders. The company currently has no reported analyst coverage or index memberships, according to available data. The reduction by investor ID 587 represents a notable contraction in institutional interest for this specific entity, though the overall holder count remains stable. The significance of this change lies in the substantial decrease in both share count and monetary value held by the investor. The drop from 36,020 to 1,736 shares indicates a near-complete exit or significant downsizing of the position. With the stake value falling to $0.11 million, the investor’s financial exposure to Rocket Lab has been drastically minimized. As this is the first analysis for this ticker, there is no prior basis for computing deltas in other metrics. The available data points to this specific holder modification as the primary signal of change. Investors should monitor whether this reduction reflects broader sentiment shifts or is an isolated decision by investor ID 587, given the lack of analyst ratings or index membership changes to provide additional context.
Signals & dispatch
peak dispatch · 2026-06-29
Composite-score breakdown
Score breakdown1
Sentiment+9
Risk penalty−8
Missing signals−1
Synthesis
Business
Rocket Lab Corp (RKLB) is a technology company classified within the Software & IT Services sector, specifically operating in the Application Software industry. The firm is headquartered in the United States and is primarily listed on the Nasdaq stock exchange. Due to the absence of specific segment or geographic breakdowns in the provided data, the company is described at the industry level as an application software provider.
Classification77 %
SectorIndustrials
Business sectorAerospace & Defense
AI synthesis
GENERATEDRocket Lab Corp (RKLB) is currently classified as Aerospace & Defense within Aerospace & Defense (Industrials). Classification confidence: 0.77 (rule-based classification). Capital structure on the latest snapshot: total assets 2,819,941,000 USD, total equity 2,264,367,000, short-term debt 0, long-term debt 1,716,000. Net cash position is approximately 1,381,635,000 USD. Self-calculated market cap is 55,851,345,724 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 200,348,000, gross profit 76,493,000, operating income -55,969,000, net income -45,022,000. Return on equity ~-2.0%. Return on assets ~-1.6%. Operating-cash-flow to net-income ratio is 1.12. Risk profile from automated assessment: liquidity risk low, dilution risk high. Flags: Diluted share count is moderately above the basic share count.; Source documents mention dilution or offering risk.. Recent news context: [TRIGGER] index_reconstitution: index_reconstitution fired on RKLB — detail={'after': {'company_id': '4daadea9-f6ac-4136-814d-88297648a7f5', 'constituent_ric': 'RKLB.O', 'constituent_name': 'Rocket Lab'}}; source=ref_watcher; severity=notable; entity_key=20107; change_type=add; ref_event_id=26623; watcher_kind=index_reconstitution; contributing_watchers=index_reconstitution (source=ref_watcher; url=502bd730-9b71-4bc4-99f5-1cdea2f2f21b). Additional context: index_reconstitution: detail={'after': {'company_id': '4daadea9-f6ac-4136-814d-88297648a7f5', 'constituent_ric': 'RKLB.O', 'constituent_name': 'Rocket Lab'}}; source=ref_watcher; severity=notable; entity_key=20107; change_type=add; ref_event_id=26623; watcher_kind=index_reconstitution; contributing_watchers=index_reconstitution.
Rocket Lab Corporation (RKLB) experienced a significant reduction in holdings by a specific institutional investor, marking the most material change in recent data. As of March 31, 2026, investor ID 587 reduced their position from 36,020 shares to 1,736 shares. This adjustment decreased the investor’s stake value from $2.31 million to $0.11 million and lowered their portfolio weight from 0.13% to 0.00006%. The change was detected on June 20, 2026, and classified as a major severity event. This shift in ownership occurs within a broader context where Rocket Lab maintains a base of 29 top holders. The company currently has no reported analyst coverage or index memberships, according to available data. The reduction by investor ID 587 represents a notable contraction in institutional interest for this specific entity, though the overall holder count remains stable. The significance of this change lies in the substantial decrease in both share count and monetary value held by the investor. The drop from 36,020 to 1,736 shares indicates a near-complete exit or significant downsizing of the position. With the stake value falling to $0.11 million, the investor’s financial exposure to Rocket Lab has been drastically minimized. As this is the first analysis for this ticker, there is no prior basis for computing deltas in other metrics. The available data points to this specific holder modification as the primary signal of change. Investors should monitor whether this reduction reflects broader sentiment shifts or is an isolated decision by investor ID 587, given the lack of analyst ratings or index membership changes to provide additional context.
Key takeaways
- Return on equity is about -2.0%.
- Debt to equity is about 0.0x.
- [TRIGGER] index_reconstitution: index_reconstitution fired on RKLB — detail={'after': {'company_id': '4daadea9-f6ac-4136-814d-88297648a7f5', 'constituent_ric': 'RKLB.O', 'constituent_name': 'Rocket Lab'}}; source=ref_watcher; severity=notable; entity_key=20107; change_type=add; ref_event_id=26623; watcher_kind=index_reconstitution; contributing_watchers=index_reconstitution (source=ref_watcher; url=502bd730-9b71-4bc4-99f5-1cdea2f2f21b)
- Companyfacts coverage was partial; recent filing facts backfilled short_term_debt.
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rklb:EquityDistributionAgreementMember us-gaap:SubsequentEventMember 2026-04-01 2026-05-07 0001819994 rklb:MynaricAcquisitionMember us-gaap:SubsequentEventMember 2026-04-14 0001819994 rklb:MynaricAcquisitionMember us-gaap:SubsequentEventMember 2026-04-14 2026-04-14 0001819994 rklb:MotivPurchaseAgreementMember us-gaap:SubsequentEventMember 2026-05-06 2026-05-06 0001819994 rklb:MotivPurchaseAgreementMember us-gaap:SubsequentEventMember 2026-05-06 0001819994 rklb:SirPeterBeckMember 2026-01-01 2026-03-31 0001819994 rklb:SirPeterBeckMember 2026-03-31 0001819994 rklb:AdamSpiceMember 2026-01-01 2026-03-31 0001819994 rklb:AdamSpiceMember 2026-03-31 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________________________________________________________ FORM 10-Q _________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from___________to Commission File Number: 001-39560 _________________________________________________________ ROCKET LAB CORP ORATION (Exact Name of Registrant as Specified in its Charter) _________________________________________________________ Delaware 39-2182599 (State or other jurisdiction of incorporation or organization) (I.R.S.
Bull / Bear case
Generated · model-assistedBULL CASE · 5
Revenue grew at a 33.5% compound annual growth rate from FY2023 to FY2025, demonstrating strong top-line expansion.
The company maintains a low leverage band with a debt-to-equity ratio of 0.001, indicating minimal financial risk.
Capex to revenue ratio of 0.1351 ranks as best-in-class compared to the software cohort median of -0.0314.
Cash conversion of 1.12 exceeds the software cohort median of 0.92, suggesting efficient operational cash management.
A current ratio of 4.0826 indicates strong short-term liquidity, significantly above the typical threshold for solvency.
BEAR CASE · 2
Operating margin of -27.9% places the company in the bottom quartile of the software cohort, signaling poor profitability.
The company faces high dilution risk and high credit risk, posing significant threats to shareholder value and stability.
In focus — financials by report
Quarterly
Annual
QUARTERLYFiled 2026-03-31
Q4 2025 · Quarter highlights
Revenue $200.3M; Operating income -$56.0M.
Revenue$200.3M
Operating income-$56.0M
Net income-$45.0M
Free cash flow-$77.4M
EPS—
Operating cash flow-$50.3M
Financials
Income statement
Revenue$200.3M
Gross profit$76.5M
Operating income-$56.0M
Net income-$45.0M
Margins
Gross margin38.2%
Operating margin-27.9%
Net margin-22.5%
FCF margin-38.6%
Balance sheet
Total assets$2.82B
Total liabilities$555.6M
Total equity$2.26B
Cash & equivalents$1.21B
Long-term debt$1.7M
Cash flow
Operating cash flow-$50.3M
CapEx$27.1M
Free cash flow-$77.4M
SBC$28.1M
P&L flow · revenue → net income
Highlights
- ▍Revenue $200.3M
- ▍Operating income -$56.0M
- ▍Net margin -22.5%
QUARTERLYFiled 2025-09-30
Q2 2025 · Quarter highlights
Revenue $422.1M; Operating income -$177.8M.
Revenue$422.1M
Operating income-$177.8M
Net income-$145.3M
Free cash flow-$207.6M
EPS—
Operating cash flow-$101.0M
Financials
Income statement
Revenue$422.1M
Gross profit$138.9M
Operating income-$177.8M
Net income-$145.3M
Margins
Gross margin32.9%
Operating margin-42.1%
Net margin-34.4%
FCF margin-49.2%
Balance sheet
Total assets$2.22B
Total liabilities$940.4M
Total equity$1.28B
Cash & equivalents$807.9M
Long-term debt$51.3M
Cash flow
Operating cash flow-$101.0M
CapEx$106.6M
Free cash flow-$207.6M
SBC$52.9M
P&L flow · revenue → net income
Highlights
- ▍Revenue $422.1M
- ▍Operating income -$177.8M
- ▍Net margin -34.4%
QUARTERLYFiled 2025-06-30
Q1 2025 · Quarter highlights
Revenue $267.1M; Operating income -$118.8M.
Revenue$267.1M
Operating income-$118.8M
Net income-$127.0M
Free cash flow-$138.2M
EPS—
Operating cash flow-$77.5M
Financials
Income statement
Revenue$267.1M
Gross profit$81.6M
Operating income-$118.8M
Net income-$127.0M
Margins
Gross margin30.6%
Operating margin-44.5%
Net margin-47.6%
FCF margin-51.7%
Balance sheet
Total assets$1.55B
Total liabilities$864.7M
Total equity$688.5M
Cash & equivalents$564.1M
Long-term debt$53.7M
Cash flow
Operating cash flow-$77.5M
CapEx$60.7M
Free cash flow-$138.2M
SBC$37.2M
P&L flow · revenue → net income
Highlights
- ▍Revenue $267.1M
- ▍Operating income -$118.8M
- ▍Net margin -47.6%
ANNUALFiled 2025-12-31
FY 2025 · Full-year highlights
Revenue $601.8M; Operating income -$228.8M.
Revenue$601.8M
Operating income-$228.8M
Net income-$198.2M
Free cash flow-$321.8M
EPS—
Operating cash flow-$165.5M
Financials
Income statement
Revenue$601.8M
Gross profit$207.2M
Operating income-$228.8M
Net income-$198.2M
Margins
Gross margin34.4%
Operating margin-38.0%
Net margin-32.9%
FCF margin-53.5%
Balance sheet
Total assets$2.32B
Total liabilities$602.6M
Total equity$1.72B
Cash & equivalents$828.7M
Long-term debt$1.7M
Cash flow
Operating cash flow-$165.5M
CapEx$156.3M
Free cash flow-$321.8M
SBC$71.1M
P&L flow · revenue → net income
Highlights
- ▍Revenue $601.8M
- ▍Operating income -$228.8M
- ▍Net margin -32.9%
ANNUALFiled 2024-12-31
FY 2024 · Full-year highlights
Revenue $436.2M; Operating income -$189.8M.
Revenue$436.2M
Operating income-$189.8M
Net income-$190.2M
Free cash flow-$116.0M
EPS—
Operating cash flow-$48.9M
Financials
Income statement
Revenue$436.2M
Gross profit$116.1M
Operating income-$189.8M
Net income-$190.2M
Margins
Gross margin26.6%
Operating margin-43.5%
Net margin-43.6%
FCF margin-26.6%
Balance sheet
Total assets$1.18B
Total liabilities$801.9M
Total equity$382.5M
Cash & equivalents$271.0M
Long-term debt$44.0M
Cash flow
Operating cash flow-$48.9M
CapEx$67.1M
Free cash flow-$116.0M
SBC$56.8M
P&L flow · revenue → net income
Highlights
- ▍Revenue $436.2M
- ▍Operating income -$189.8M
- ▍Net margin -43.6%
ANNUALFiled 2024-12-31
FY 2025 · Full-year highlights
Revenue $436.2M; Operating income -$189.8M.
Revenue$436.2M
Operating income-$189.8M
Net income-$190.2M
Free cash flow-$116.0M
EPS—
Operating cash flow-$48.9M
Financials
Income statement
Revenue$436.2M
Gross profit$116.1M
Operating income-$189.8M
Net income-$190.2M
Margins
Gross margin26.6%
Operating margin-43.5%
Net margin-43.6%
FCF margin-26.6%
Balance sheet
Total assets$1.18B
Total liabilities$801.9M
Total equity$382.5M
Cash & equivalents$271.0M
Long-term debt$44.0M
Cash flow
Operating cash flow-$48.9M
CapEx$67.1M
Free cash flow-$116.0M
SBC$56.8M
P&L flow · revenue → net income
Highlights
- ▍Revenue $436.2M
- ▍Operating income -$189.8M
- ▍Net margin -43.6%
ANNUALFiled 2023-12-31
FY 2023 · Full-year highlights
Revenue $244.6M; Operating income -$177.9M.
Revenue$244.6M
Operating income-$177.9M
Net income-$182.6M
Free cash flow-$153.6M
EPS—
Operating cash flow-$98.9M
Financials
Income statement
Revenue$244.6M
Gross profit$51.4M
Operating income-$177.9M
Net income-$182.6M
Margins
Gross margin21.0%
Operating margin-72.7%
Net margin-74.6%
FCF margin-62.8%
Balance sheet
Total assets$941.2M
Total liabilities$386.7M
Total equity$554.5M
Cash & equivalents$162.5M
Long-term debt$87.6M
Cash flow
Operating cash flow-$98.9M
CapEx$54.7M
Free cash flow-$153.6M
SBC$53.5M
P&L flow · revenue → net income
Highlights
- ▍Revenue $244.6M
- ▍Operating income -$177.9M
- ▍Net margin -74.6%
ANNUALFiled 2023-12-31
FY 2024 · Full-year highlights
Revenue $244.6M; Operating income -$177.9M.
Revenue$244.6M
Operating income-$177.9M
Net income-$182.6M
Free cash flow-$153.6M
EPS—
Operating cash flow-$98.9M
Financials
Income statement
Revenue$244.6M
Gross profit$51.4M
Operating income-$177.9M
Net income-$182.6M
Margins
Gross margin21.0%
Operating margin-72.7%
Net margin-74.6%
FCF margin-62.8%
Balance sheet
Total assets$941.2M
Total liabilities$386.7M
Total equity$554.5M
Cash & equivalents$162.5M
Long-term debt$87.6M
Cash flow
Operating cash flow-$98.9M
CapEx$54.7M
Free cash flow-$153.6M
SBC$53.5M
P&L flow · revenue → net income
Highlights
- ▍Revenue $244.6M
- ▍Operating income -$177.9M
- ▍Net margin -74.6%
Valuation FY
Market price
$91,99
Market cap
$55.85B
Enterprise valueⓘ
$54.47B
P/Eⓘ
—
Non-GAAP P/Eⓘ
—
EV / Revenueⓘ
90.5x
EV / Op incomeⓘ
—
EV / OCFⓘ
—
P / Bⓘ
30.4x
P / Tangible bookⓘ
30.4x
Tangible book
$1.84B
Net cashⓘ
$1.38B
Current ratioⓘ
4.5
Debt / equityⓘ
0.0
ROAⓘ
-1.6%
ROEⓘ
-2.0%
Cash conversionⓘ
112.0%
CapEx / revenueⓘ
13.5%
SBC / revenueⓘ
14.0%
Dilution ratioⓘ
5.1%
Revenue by segment
Communications & Vision Systems—
low · business_description · 2026-07-03
Satellite Operations & Services—
low · business_description · 2026-07-03
Satellites, Space & Airborne Systems—
low · business_description · 2026-07-03
Space Launch Services—
low · business_description · 2026-07-03
Business relationships
Business relationships13 disclosed relationships · 1 type · extracted from filings & disclosures
Subsidiaries13
EX21:1c7fb35c67f5EX21:1c7fb35c67f5Subsidiarie97%
EX21:440f653e3c8fEX21:440f653e3c8fSubsidiarie97%
EX21:4c3bbc2b1731EX21:4c3bbc2b1731Subsidiarie97%
EX21:4fdc637c5c24EX21:4fdc637c5c24Subsidiarie97%
EX21:6afdc3a9a8c7EX21:6afdc3a9a8c7Subsidiarie97%
EX21:79874e738ef7EX21:79874e738ef7Subsidiarie97%
EX21:842f5fea8b0dEX21:842f5fea8b0dSubsidiarie97%
EX21:860ae4ae550fEX21:860ae4ae550fSubsidiarie97%
EX21:a84a93fb20bfEX21:a84a93fb20bfSubsidiarie97%
EX21:aa4115c3b571EX21:aa4115c3b571Subsidiarie97%
EX21:abccb44e400cEX21:abccb44e400cSubsidiarie97%
EX21:b21f203bb0b8EX21:b21f203bb0b8Subsidiarie97%
EX21:e2eb669a2101EX21:e2eb669a2101Subsidiarie97%
Supply chain
— missing data
Peer comparison
Peer comparison8 peers · vs RKLB · multiples and returns
BA
BA—
Boeing Co
$234,23
184,6B USDP/E
—
— vs self
Div yield
—
— vs self
ROE
-0,1 %
+1,9 vs self
RT
RTX—
Rtx Corp
$201,37
274,8B USDP/E
123,3x
— vs self
Div yield
1,3 %
— vs self
ROE
3,1 %
+5,1 vs self
LM
LMT—
Lockheed Martin Corp
$540,33
123,7B USDP/E
22,6x
— vs self
Div yield
2,5 %
— vs self
ROE
74,7 %
+76,6 vs self
GD
GD—
General Dynamics Corp
$376,88
101,9B USDP/E
22,2x
— vs self
Div yield
—
— vs self
ROE
16,4 %
+18,4 vs self
GE
GE—
General Electric
$378,70
397,2B USDP/E
44,1x
— vs self
Div yield
0,4 %
— vs self
ROE
46,6 %
+48,6 vs self
NO
NOC—
Northrop Grumman Corp
$509,00
72,3B USDP/E
17,2x
— vs self
Div yield
1,8 %
— vs self
ROE
25,1 %
+27,1 vs self
LH
LHX—
L3harris Technologies Inc
$301,27
57,2B USDP/E
36,3x
— vs self
Div yield
1,5 %
— vs self
ROE
7,7 %
+9,7 vs self
TX
TXT—
Textron Inc
$93,84
16,4B USDP/E
17,7x
— vs self
Div yield
0,1 %
— vs self
ROE
11,7 %
+13,7 vs self
Market position
Stress test
— missing data
Predictor forecast
Next quarternear-term
Earnings · next quarterconf 30 %
EPS
Consensus EPS
-0,26
Predicted surprise
-0,08
Beat probability
30 %
Analysts
20
Other metrics
Revenue
—
no estimate
Segment revenue
—
no estimate
Margin
—
no estimate
Segment margin
—
no estimate
revision ratio -0,08 · as of 2026-07-02 · Earnings Surprise V1
Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
Full fiscal year~1 year ahead
Full fiscal year · our forecast vs guidance vs consensus
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -0,26 |
| Revenue | —no estimate | —no estimate | 915,2M USD |
| Operating income | —no estimate | —no estimate | -170,0M USD |
Full-year consensus mean (period as reported by source) · consensus in USD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
Corporate eventM&A horizon
M&A probabilityconf 3 %
Probability
3 %
Base rate
3 %
Band
—
180-day horizon · target 2027-01-03 · 1,0× base rate
No acquirer candidates identified by the signal model.
Probabilistic model output — not investment advice. · generated 2026-07-07
Options
— missing data
Short squeeze
— missing data
Earnings-call key lines
— missing data
Consensus distribution
sell-side coverageRecommendation distribution20 analysts
Strong buy5
Buy12
Hold3
Sell0
Strong sell0
12-month price target$110,81 · Median $120,00
Low $63,25High $135,00
Operating income · consensus-170,0M USD
EPS surprise
−39,8 %
reported vs consensus · miss
Revenue surprise
−34,2 %
reported vs consensus · miss
Estimate revisions
consensus EPS · 26-week trend— missing data
Sell-side observations
Low$60,00
Mean$86,16
Median$88,00
High$105,00
Spot$91,99
−6.3 %implied to mean12-month sell-side price targets · ▲ spot
Themes
— missing data
ESG
— missing data
Risk factors
Dilution riskHigh
Liquidity riskLow
Filing-based flags
- Diluted share count is moderately above the basic share count.
- Source documents mention dilution or offering risk.
Benchmarks vs cohort
Op Margin-27,9 %Bottom quartile
Net Margin-22,5 %Bottom quartile
ROE-2,0 %Below median
Capex / Rev13,5 %Best in class
D/E0,00Above P75
Cash Conv1,12Above median
Corporate actions / M&A
M&A probabilityconf —
Probability
3 %
Base rate
3 %
Band
Low
180-day horizon · target 2027-01-03 · 1,0× base rate
No acquirer candidates identified by the signal model.
Corporate actionsNo corporate-action source connected yet — splits, dividends and buyback events are not tracked for this company. Honest-dim (no data fabricated).
FX exposure
— missing data
Comparable transactions
— missing data
Derivatives & instruments
Derivative transactions
Net disposed 5 000 000 sh1 transactions1 insiders
- Director, CEO · Series A Convertible Participating Preferred Stock → Common StockDisposed 5 000 000conversion · 2026-05-26
Actions
Ask Handelsavisen
— missing data
Data sources
- Market data
- Regulatory filings
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
How metrics are computed
- Capex To Revenuecapital_expenditure / revenue
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Price To Tangible Bookmarket_price / (tangible_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Enterprise Valuemarket_cap - net_cash
Source documents
- Rocket Lab Corp company facts · 2026-07-02
- Rocket Lab Corp 10-Q 2026-05-07 · 2026-07-02
- Rocket Lab Corp 10-K 2026-02-26 · 2026-07-02
- Rocket Lab Corp 10-Q 2025-11-10 · 2026-07-02
- Rocket Lab Corp 10-Q 2025-08-07 · 2026-07-02
- index_reconstitution fired on RKLB · 2026-07-02
- Rocket Lab Corp Market data — analyst estimates · 2026-07-02
- Rocket Lab Corp Market data — ESG · 2026-07-02
- Rocket Lab Corp HA canonical relationships · 2026-07-02
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,10 %$430M
- Investment Managers · as of 2026-03-310,07 %$138M
- Investment Managers · as of 2026-03-310,05 %$76M
- Investment Managers · as of 2025-12-310,05 %$3 308M
- Investment Managers · as of 2026-03-310,04 %$683M
- Investment Managers · as of 2026-03-310,04 %$122M
- Funds · as of 2026-03-310,04 %$231M
- Investment Managers · as of 2026-03-310,03 %$894M
- Investment Managers · as of 2026-03-310,03 %$120M
- Investment Managers · as of 2026-03-310,03 %$198M
- Investment Managers · as of 2026-03-310,02 %$134M
- Investment Managers · as of 2026-03-310,02 %$151M
- Investment Managers · as of 2026-03-310,02 %$164M
- Institutional Investor · as of 2026-03-310,02 %$115M
- Investment Managers · as of 2026-03-310,02 %$346M
- Brokerage Firms · as of 2026-03-310,02 %$52M
- Institutional Investor · as of 2026-03-310,01 %$64M
- Investment Managers · as of 2026-03-310,01 %$68M
- Investment Managers · as of 2026-03-310,01 %$0M
- Institutional Investor · as of 2026-03-310,01 %$237M
- Investment Managers · as of 2026-03-310,01 %$34M
- Brokerage Firms · as of 2026-03-310,01 %$43M
- Investment Managers · as of 2026-03-310,01 %$10M
- Institutional Investor · as of 2026-03-310,01 %$13M
- Institutional Investor · as of 2026-03-310,00 %$9M
- Investment Managers · as of 2026-03-310,00 %$9M
- Investment Managers · as of 2026-03-310,00 %$6M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$0M
Insider activity
Net selling0 buys · 51 sellsnet -$76,4M12 insiders · last 365d
- SVP & General Counsel · Common StockSold 88 000 @ $107,98$9,5M · 2026-06-18
- VP Corp Controller & CAO · Common StockOther 27 532 · 2026-06-03
- Chief Financial Officer · Common StockOther 275 319 · 2026-06-03
- Director · Common StockSold 40 000 @ $123,60$4,9M · 2026-06-02
- Chief Financial Officer · Common StockOther 62 724 · 2026-06-01
- Director · Common StockOther 91 373 · 2026-05-29
- Chief Financial Officer · Common StockOther 62 724 · 2026-05-29
- Chief Operations Officer · Common StockSold 2 700 @ $144,15$389K · 2026-05-28
- Chief Operations Officer · Common StockSold 1 600 @ $145,23$232K · 2026-05-28
- Chief Operations Officer · Common StockSold 4 000 @ $146,27$585K · 2026-05-28
- Chief Operations Officer · Common StockSold 9 909 @ $147,13$1,5M · 2026-05-28
- Chief Operations Officer · Common StockSold 8 694 @ $148,13$1,3M · 2026-05-28
- Director · Common StockSold 40 000 @ $149,10$6,0M · 2026-05-28
- Chief Operations Officer · Common StockSold 7 848 @ $149,09$1,2M · 2026-05-28
- Chief Operations Officer · Common StockSold 1 409 @ $149,99$211K · 2026-05-28
- President, Rocket Lab USA, Inc · Common StockSold 3 500 @ $146,67$513K · 2026-05-28
- SVP & General Counsel · Common StockSold 500 @ $143,15$72K · 2026-05-28
- Director · Common StockSold 20 000 @ $150,00$3,0M · 2026-05-28
- Chief Operations Officer · Common StockSold 700 @ $143,05$100K · 2026-05-28
- SVP & General Counsel · Common StockSold 1 900 @ $144,33$274K · 2026-05-28
- SVP & General Counsel · Common StockSold 1 090 @ $145,52$159K · 2026-05-28
- SVP & General Counsel · Common StockSold 4 310 @ $146,62$632K · 2026-05-28
- SVP & General Counsel · Common StockSold 6 698 @ $147,51$988K · 2026-05-28
- SVP & General Counsel · Common StockSold 6 006 @ $148,52$892K · 2026-05-28
- SVP & General Counsel · Common StockSold 3 100 @ $149,39$463K · 2026-05-28
Short positioning
34.2Mshares short+7.9% vs prior
1.31days to cover
55.8%short of daily vol
3.2Kfails-to-deliver
as of 2026-06-15 · short-interest report (free)
Geographic breakdown
— missing data
Listings · one canonical issuer
all listings resolve to the canonical
RKLBCanonical
Nasdaq · USD
Intel & risk
What changed
no material change vs prior analysis (walked 17 fields; 4 schema-expansion field(s) excluded)
- Narrative— → —medium
- Business summary— → —medium
- Conclusion— → —medium
- Key takeaways— → —medium
- Company share pct— → —medium
vs prior analysis 23 days ago
peak dispatch · 2026-06-29
OSINT findings
Dilution riskHigh
Liquidity riskLow
Diluted share count is moderately above the basic share count.
Source documents mention dilution or offering risk.
Relationship graph
This companySectorSubsidiaries
Evidence & claims
From filings & derived data- Net margin (FY 2025-12-31): -32.9%Derived (calculated)
- Gross margin (FY 2025-12-31): 34.4%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 205.7%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -20.6%Derived (calculated)
- Return on equity (FY 2025-12-31): -11.5%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 132.9%Derived (calculated)
- Return on assets (FY 2025-12-31): -8.5%Derived (calculated)
- Current ratio (FY 2025-12-31): 4.08xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 0.35xDerived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -238.6%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -4.2%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 350.2%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): -55.9%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): 55.2%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): 78.4%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -24.8%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 2.6%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 38.0%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 2.6%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 23.3%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 96.3%Derived (calculated)
- EPS (diluted) (annual): USD-PER-SHARES -0SEC XBRL filing
- Gross profit (annual): USD 207.18MSEC XBRL filing
- Operating income (annual): USD -228.84MSEC XBRL filing
Showing 24 of 60 surfaced claims.
Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.
The Thread
Everything we know, in order2026-07-28EVENTUpcomingQ2 2026 earnings (expected) estimated date
2026-07-02 03:21 UTCEVENTIndex reconstitution
2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
2026-06-30 03:38 UTCEARNINGSUpcomingForecast: ma_probability (180d)
2026-06-23 03:11 UTCHOLDERInstitutional holding changed
2026-06-23 03:11 UTCHOLDER1 institutional position change flagged (1 major)
2026-06-21 02:57 UTCHOLDERInstitutional holding changed
2026-06-21 02:57 UTCHOLDER1 institutional position change flagged (1 major)
2026-06-18 00:00 UTCINSIDER5 insider transactions — 2026-06 · net sell $14.4M
2026-06-18INSIDERKampani Arjun sold 88.0k sh — SVP & General Counsel ~$9.50M
2026-06-03INSIDERRicupati Agostino transacted 27.5k sh — VP Corp Controller & CAO
2026-06-03INSIDERSpice Adam C. transacted 275.3k sh — Chief Financial Officer
2026-06-02INSIDERSlusky Alexander R sold 40.0k sh — Director ~$4.94M
2026-06-01INSIDERSpice Adam C. transacted 62.7k sh — Chief Financial Officer
2026-05-29 00:00 UTCINSIDER60 insider transactions — 2026-05 · net sell $62.0M 1 derivative
2026-05-29INSIDERFrank Edward H. transacted 91.4k sh — Director
2026-05-29INSIDERSpice Adam C. transacted 62.7k sh — Chief Financial Officer
2026-05-28INSIDERKlein Frank sold 2.7k sh — Chief Operations Officer ~$389k
2026-05-28INSIDERKlein Frank sold 1.6k sh — Chief Operations Officer ~$232k
2026-05-28INSIDERKlein Frank sold 4.0k sh — Chief Operations Officer ~$585k
2026-05-28INSIDERKlein Frank sold 9.9k sh — Chief Operations Officer ~$1.46M
2026-05-28INSIDERKlein Frank sold 8.7k sh — Chief Operations Officer ~$1.29M
2026-05-28INSIDERSlusky Alexander R sold 40.0k sh — Director ~$5.96M
2026-05-28INSIDERKlein Frank sold 7.8k sh — Chief Operations Officer ~$1.17M
2026-05-28INSIDERKlein Frank sold 1.4k sh — Chief Operations Officer ~$211k
2026-05-28INSIDERClevenger Marvin Bradford sold 3.5k sh — President, Rocket Lab USA, Inc ~$513k
2026-05-28INSIDERKampani Arjun sold 500 sh — SVP & General Counsel ~$72k
2026-05-28INSIDERSlusky Alexander R sold 20.0k sh — Director ~$3.00M
2026-05-28INSIDERKlein Frank sold 700 sh — Chief Operations Officer ~$100k
2026-05-28INSIDERKampani Arjun sold 1.9k sh — SVP & General Counsel ~$274k
2026-05-28INSIDERKampani Arjun sold 1.1k sh — SVP & General Counsel ~$159k
2026-05-28INSIDERKampani Arjun sold 4.3k sh — SVP & General Counsel ~$632k
2026-05-28INSIDERKampani Arjun sold 6.7k sh — SVP & General Counsel ~$988k
2026-05-28INSIDERKampani Arjun sold 6.0k sh — SVP & General Counsel ~$892k
2026-05-28INSIDERKampani Arjun sold 3.1k sh — SVP & General Counsel ~$463k
2026-05-26INSIDERBeck Peter disposed of 5.00M sh Series A Convertible Participating Preferred Stock — Director, CEO
Showing the 40 most recent of 59 entries.
The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-07-07
Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data
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