Rocket Lab (RKLB)
Industrials · Commercial Launch Services & Space Systems
A commercial space company providing reliable small-satellite launch services, spacecraft manufacturing, and end-to-end space solutions via its proven Electron launch vehicle and next-generation Neutron platform.
What Rocket Lab does
Rocket Lab is an end-to-end space company that operates the Electron launch vehicle, a fully carbon composite rocket powered by 3D-printed Rutherford electric turbopump engines, delivering frequent, reliable and cost-effective orbital access for commercial and government customers. The company has executed over 75 successful missions and deployed more than 200 spacecraft to orbit through December 2025. Beyond launch services, Rocket Lab provides spacecraft design, spacecraft manufacturing, optical systems, spacecraft components, and on-orbit constellation management solutions. The company is developing the Neutron launch vehicle to serve large constellation deployments and interplanetary missions, and operates three launch complexes including its private Launch Complex 1 in New Zealand and dedicated launch pads at NASA's Wallops Flight Facility in Virginia.
Themes: ["commercial spaceflight","small satellite launch","space infrastructure","constellation deployment","Earth observation","government space contracts","reusable launch vehicles","space manufacturing"]
Fundamentals
- Price$82.55 as of 2026-07-09 close
- Market cap$49.4B as of 2026-07-10
- 1-year return+110.9% as of 2026-07-09 close
- Net margin-26.9% as of 2026-07-10
- Gross margin+36.6% as of 2026-07-10
- ROE-12.3% as of 2026-07-10
- Debt / equity0.02 as of 2026-07-10
- Revenue growth (YoY)+45.8% as of 2026-07-10
- Revenue CAGR (3y)+41.8% SEC XBRL
- Beta2.62 as of 2026-07-10
Key risks (from latest filing)
["Launch cadence and mission success execution risks could impact revenue growth and customer confidence in a competitive commercial launch market","Development and commercialization of Neutron vehicle is capital-intensive with uncertain timeline and potential for technical delays or cost overruns","Dependence on U.S. and New Zealand government regulatory approvals and bilateral treaty framework for launch operations, particularly at international launch complex"]
Competitors & peers
- SpaceX (TSLA)
- Axiom Space
- Virgin Galactic (SPCE)
- Relativity Space
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.