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LIVE · 09:40 UTC
RKLBNasdaq$78.6967

Rocket Lab Corp

SoftwareRules + LLM
Score breakdown
Sentiment+12Risk penalty-3Missing signals-1
Quality breakdown
Key fields100Profile62Conclusion85AI synthesis67Observations43

Rocket Lab Corp (RKLB) is currently classified as Application Software within Software (Technology). Classification confidence: 0.66 (rule-based classification). Capital structure on the latest snapshot: total assets 2,324,478,000 USD, total equity 1,721,854,000, short-term debt 0, long-term debt 1,716,000. Net cash position is approximately 1,014,861,000 USD. Self-calculated market cap is 41,758,011,617 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 601,799,000, gross profit 207,181,000, operating income -228,838,000, net income -198,209,000. Return on equity ~-11.5%. Return on assets ~-8.5%. Operating-cash-flow to net-income ratio is 0.84. Risk profile from automated assessment: liquidity risk low, dilution risk medium. Flags: Source documents mention dilution or offering risk.. Comparable peers identified within the same TRBC class: Microsoft, Salesforce, ServiceNow.

Profile
CompanyRocket Lab Corp
ExchangeNasdaq
TickerRKLB
CIK0001819994
SICGuided Missiles & Space Vehicles & Parts
SectorTechnology
BusinessSoftware & IT Services
Industry groupSoftware & IT Services
IndustrySoftware
AI analysis

Business. Rocket Lab Corp is classified under Technology / Software and appears not currently profitable on the latest normalized snapshot.

Classification. Classification confidence is 0.66 based on rule-based classification; matched terms: software.

Rocket Lab Corp (RKLB) is currently classified as Application Software within Software (Technology). Classification confidence: 0.66 (rule-based classification). Capital structure on the latest snapshot: total assets 2,324,478,000 USD, total equity 1,721,854,000, short-term debt 0, long-term debt 1,716,000. Net cash position is approximately 1,014,861,000 USD. Self-calculated market cap is 41,758,011,617 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 601,799,000, gross profit 207,181,000, operating income -228,838,000, net income -198,209,000. Return on equity ~-11.5%. Return on assets ~-8.5%. Operating-cash-flow to net-income ratio is 0.84. Risk profile from automated assessment: liquidity risk low, dilution risk medium. Flags: Source documents mention dilution or offering risk.. Comparable peers identified within the same TRBC class: Microsoft, Salesforce, ServiceNow.
Key takeaways
  • Return on equity is about -11.5%.
  • Debt to equity is about 0.0x.
  • Likely peers from the same classification include Microsoft, Salesforce, ServiceNow.
Financial snapshot
PeriodFY2025
CurrencyUSD
Revenue$601.8M
Gross profit$207.2M
Operating income-$228.8M
Net income-$198.2M
R&D$270.7M
SG&A
D&A
SBC$71.1M
Operating cash flow-$165.5M
CapEx$156.3M
Free cash flow-$321.8M
Total assets$2.32B
Total liabilities$602.6M
Total equity$1.72B
Cash & equivalents$828.7M
Long-term debt$1.7M
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
PeriodGross %Op %Net %FCF %
PeriodAssetsEquityCashDebt
PeriodOCFCapExFCFSBC
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
PeriodGross %Op %Net %FCF %
PeriodAssetsEquityCashDebt
PeriodOCFCapExFCFSBC
Valuation
Market price$78.69
Market cap$41.76B
Enterprise value$40.74B
P/E
Reported non-GAAP P/E
EV/Revenue67.7
EV/Op income
EV/OCF
P/B32.3
P/Tangible book32.3
Tangible book$1.29B
Net cash$1.01B
Current ratio4.1
Debt/Equity0.0
ROA-8.5%
ROE-11.5%
Cash conversion84.0%
CapEx/Revenue26.0%
SBC/Revenue11.8%
Asset intensity0.1
Dilution ratio-2.4%
Risk assessment
Dilution riskMedium
Liquidity riskLow
  • Source documents mention dilution or offering risk.
Industry benchmarks
Activity: Application Software · cohort 66 companies
MetricRKLBActivity
Op margin-38.0%13.2% medp25 -1.0% · p75 32.0%bottom quartile
Net margin-32.9%12.3% medp25 1.0% · p75 30.1%bottom quartile
Gross margin34.4%74.2% medp25 48.1% · p75 77.7%bottom quartile
R&D / revenue45.0%15.5% medp25 14.4% · p75 28.5%top quartile
CapEx / revenue26.0%2.4% medp25 0.8% · p75 22.7%top quartile
Debt / equity0.0%17.7% medp25 11.2% · p75 27.0%bottom quartile
Observations
Competitor context
MSFTMicrosoftUSPeer
Derived from TRBC classification anchor Software.
software
CRMSalesforceUSPeer
Derived from TRBC classification anchor Software.
software
NOWServiceNowUSPeer
Derived from TRBC classification anchor Software.
software
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
SEC filingstype companyfacts · CIK 0001819994 · 395 us-gaap concepts
2026-04-29 08:20 UTC#0d0e9316
Market quoteclose USD 78.69 · shares 0.53B diluted
no public URL
2026-04-29 08:20 UTC#fab6f4cc
Source: analysis-pipeline (hybrid)Generated: 2026-04-29 08:20 UTCJob: a085ac48