RKLB on Nasdaq
Rocket Lab Corporation
Logo: Rocket Lab, Public domain, via Wikimedia Commons4
Holding company of Rocket Lab founded in 20251
In its 2026 annual report the company says: “Rocket Lab is an end-to-end space company with an established track record of mission success. We deliver reliable launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, optical systems and other spacecraft and on-orbit management solutions that make it faster, easier and more affordable to access space. We are motivated by the impact we can have on Earth by making it easier to get to space and using it as a platform for innovation, exploration and infrastructure.”7 It is headquartered in Long Beach.1 Its chief executive is Peter Beck (since 2025).1 Its shares trade on Nasdaq under the symbol RKLB.1
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Last updated Oct 21, 2026.
Overview
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- TickerRKLB on Nasdaq1
- IndustryGuided Missiles & Space Vehicles & Parts1
- HeadquartersLong Beach1
- Legal formDelaware corporation1
- Business address3881 Mcgowen Street, Long Beach, Ca 908085
- Filer categoryLarge accelerated filer5
- LEI254900LNRW7906KUMM933
- StatusActive3
- LEI statusIssued and current3
- Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States3
- Registered withDivision of Corporations, Department of State, 101714013
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Rocket Lab is an end-to-end space company with an established track record of mission success. We deliver reliable launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, optical systems and other spacecraft and on-orbit management solutions that make it faster, easier and more affordable to access space. We believe that space has defined some of humanity’s greatest achievements and it continues to shape our future. We are motivated by the impact we can have on Earth by making it easier to get to space and using it as a platform for innovation, exploration and infrastructure.7 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Space Systems brought in 67% of the revenue Rocket Lab Corporation broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Space Systems | $172.7M | $310.8M | $402.8M |
| Launch Services | $71.9M | $125.4M | $199.0M |
Business segments
Space Systems brought in 67% of the revenue Rocket Lab Corporation broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Space Systems | $172.7M | $310.8M | $402.8M |
| Launch Services | $71.9M | $125.4M | $199.0M |
Regions
United States brought in 79% of the revenue Rocket Lab Corporation broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $184.7M | $268.3M | $475.4M |
| Japan | $10.5M | $30.7M | $65.6M |
| Rest Of World | $13.3M | $32.8M | $40.6M |
| Canada | $36.1M | $104.4M | $20.2M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue46¢$394.6M
- Research and development32¢$270.7M
- Selling, general and admin19¢$165.3M
- Income tax3¢$27.7M
Out of $601.8M in revenue.8 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total revenues | $601.8M | $436.2M | $244.6M |
| Total cost of revenues | $394.6M | $320.1M | $193.2M |
| Gross profit | $207.2M | $116.1M | $51.4M |
| Research and development, net | $270.7M | $174.4M | $119.1M |
| Selling, general and administrative | $165.3M | $131.6M | $110.3M |
| Total operating expenses | $436.0M | $305.9M | $229.3M |
| Operating loss | -$228.8M | -$189.8M | -$177.9M |
| Interest expense | -$26.5M | -$26.2M | -$17.5M |
| Interest income | $25.5M | $22.2M | $13.3M |
| Loss on foreign exchange | -$463.0K | -$87.0K | -$470.0K |
| Other income, net | $4.4M | $4.4M | $3.7M |
| Total other income (expense), net | $2.9M | $390.0K | -$1.0M |
| Loss before income taxes | -$225.9M | -$189.4M | -$178.9M |
| Benefit (provision) for income taxes | $27.7M | -$764.0K | -$3.6M |
| Net loss | -$198.2M | -$190.2M | -$182.6M |
| Foreign currency translation gain (loss) | $624.0K | -$4.8M | -$93.0K |
| Unrealized gain on available-for-sale marketable securities | $217.0K | $455.0K | $494.0K |
| Comprehensive loss | -$197.4M | -$194.5M | -$182.2M |
| Basic (in dollars per share) | -$0.37 | -$0.38 | -$0.38 |
| Diluted (in dollars per share) | -$0.37 | -$0.38 | -$0.38 |
| Basic (in shares) | 530.7M shares | 495.9M shares | 481.8M shares |
| Diluted (in shares) | 530.7M shares | 495.9M shares | 481.8M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $828.7M | $271.0M | ||
| Marketable securities, current | $187.9M | $147.9M | ||
| Accounts receivable, net | $39.0M | $36.4M | ||
| Contract assets | $61.6M | $63.1M | ||
| Inventories | $158.4M | $119.1M | ||
| Prepaids and other current assets | $90.0M | $55.0M | ||
| Total current assets | $1.4B | $692.6M | ||
| Property, plant and equipment, net | $319.5M | $194.8M | ||
| Intangible assets, net | $224.7M | $58.6M | ||
| Goodwill | $205.8M | $71.0M | ||
| Right-of-use assets - operating leases | $90.4M | $53.7M | ||
| Right-of-use assets - finance leases | $13.9M | $14.4M | ||
| Marketable securities, non-current | $82.2M | $60.7M | ||
| Restricted cash | $4.9M | $4.3M | ||
| Deferred income tax assets, net | $1.9M | $3.0M | ||
| Other non-current assets | $15.7M | $31.2M | ||
| Total assets | $2.3B | $1.2B | ||
| Trade payables | $72.7M | $53.1M | ||
| Accrued expenses | $19.3M | $19.5M | ||
| Employee benefits payable | $25.8M | $20.8M | ||
| Contract liabilities | $195.4M | $216.2M | ||
| Current installments of long-term borrowings | $0 | $12.0M | ||
| Other current liabilities | $21.2M | $18.0M | ||
| Total current liabilities | $334.5M | $339.5M | ||
| Convertible senior notes, net | $152.4M | $345.4M | ||
| Long-term borrowings, net, excluding current installments | $1.7M | $44.0M | ||
| Non-current operating lease liabilities | $85.2M | $52.0M | ||
| Non-current finance lease liabilities | $14.7M | $15.0M | ||
| Deferred tax liabilities | $1.2M | $891.0K | ||
| Other non-current liabilities | $13.0M | $5.1M | ||
| Total liabilities | $602.6M | $801.9M | ||
| Preferred stock, $0.0001 par value; authorized shares: 100,000,000; issued and outstanding shares: 45,951,250 and 0 at December 31, 2025 and December 31, 2024, respectively | $5.0K | $0 | ||
| Common stock, $0.0001 par value; authorized shares: 2,500,000,000; issued shares: 589,525,802 and 504,453,785 at December 31, 2025 and December 31, 2024, respectively; outstanding shares 543,574,552 and 504,453,785 at December 31, 2025 and December 31, 2024, respectively | $54.0K | $50.0K | ||
| Treasury stock, at cost; shares: 45,951,250 and 0 at December 31, 2025 and December 31, 2024, respectively | $0 | $0 | ||
| Additional paid-in capital | $2.7B | $1.2B | ||
| Accumulated deficit | -$1.0B | -$813.7M | ||
| Accumulated other comprehensive loss | -$2.0M | -$2.8M | ||
| Total stockholders equity | $1.7B | $382.5M | $554.5M | $673.2M |
| Total liabilities and stockholders equity | $2.3B | $1.2B | ||
| Preferred shares, par value (in dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in shares) | 100.0M shares | 100.0M shares | ||
| Preferred stock, shares issued (in shares) | 46.0M shares | 0 shares | ||
| Preferred stock, outstanding shares (in shares) | 46.0M shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, share authorized (in shares) | 2.5B shares | 2.5B shares | ||
| Common stock, share issued (in shares) | 589.5M shares | 504.5M shares | ||
| Common stock, share outstanding (in shares) | 543.6M shares | 504.5M shares | ||
| Treasury stock (in shares) | 46.0M shares | 0 shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $828.7M | $271.0M | ||
| Marketable securities, current | $187.9M | $147.9M | ||
| Accounts receivable, net | $39.0M | $36.4M | ||
| Contract assets | $61.6M | $63.1M | ||
| Inventories | $158.4M | $119.1M | ||
| Prepaids and other current assets | $90.0M | $55.0M | ||
| Total current assets | $1.4B | $692.6M | ||
| Property, plant and equipment, net | $319.5M | $194.8M | ||
| Intangible assets, net | $224.7M | $58.6M | ||
| Goodwill | $205.8M | $71.0M | ||
| Right-of-use assets - operating leases | $90.4M | $53.7M | ||
| Right-of-use assets - finance leases | $13.9M | $14.4M | ||
| Marketable securities, non-current | $82.2M | $60.7M | ||
| Restricted cash | $4.9M | $4.3M | ||
| Deferred income tax assets, net | $1.9M | $3.0M | ||
| Other non-current assets | $15.7M | $31.2M | ||
| Total assets | $2.3B | $1.2B | ||
| Trade payables | $72.7M | $53.1M | ||
| Accrued expenses | $19.3M | $19.5M | ||
| Employee benefits payable | $25.8M | $20.8M | ||
| Contract liabilities | $195.4M | $216.2M | ||
| Current installments of long-term borrowings | $0 | $12.0M | ||
| Other current liabilities | $21.2M | $18.0M | ||
| Total current liabilities | $334.5M | $339.5M | ||
| Convertible senior notes, net | $152.4M | $345.4M | ||
| Long-term borrowings, net, excluding current installments | $1.7M | $44.0M | ||
| Non-current operating lease liabilities | $85.2M | $52.0M | ||
| Non-current finance lease liabilities | $14.7M | $15.0M | ||
| Deferred tax liabilities | $1.2M | $891.0K | ||
| Other non-current liabilities | $13.0M | $5.1M | ||
| Total liabilities | $602.6M | $801.9M | ||
| Preferred stock, $0.0001 par value; authorized shares: 100,000,000; issued and outstanding shares: 45,951,250 and 0 at December 31, 2025 and December 31, 2024, respectively | $5.0K | $0 | ||
| Common stock, $0.0001 par value; authorized shares: 2,500,000,000; issued shares: 589,525,802 and 504,453,785 at December 31, 2025 and December 31, 2024, respectively; outstanding shares 543,574,552 and 504,453,785 at December 31, 2025 and December 31, 2024, respectively | $54.0K | $50.0K | ||
| Treasury stock, at cost; shares: 45,951,250 and 0 at December 31, 2025 and December 31, 2024, respectively | $0 | $0 | ||
| Additional paid-in capital | $2.7B | $1.2B | ||
| Accumulated deficit | -$1.0B | -$813.7M | ||
| Accumulated other comprehensive loss | -$2.0M | -$2.8M | ||
| Total stockholders equity | $1.7B | $382.5M | $554.5M | $673.2M |
| Total liabilities and stockholders equity | $2.3B | $1.2B | ||
| Preferred shares, par value (in dollars per share) | $0.00 | $0.00 | ||
| Preferred stock, shares authorized (in shares) | 100.0M shares | 100.0M shares | ||
| Preferred stock, shares issued (in shares) | 46.0M shares | 0 shares | ||
| Preferred stock, outstanding shares (in shares) | 46.0M shares | 0 shares | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, share authorized (in shares) | 2.5B shares | 2.5B shares | ||
| Common stock, share issued (in shares) | 589.5M shares | 504.5M shares | ||
| Common stock, share outstanding (in shares) | 543.6M shares | 504.5M shares | ||
| Treasury stock (in shares) | 46.0M shares | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -$198.2M | -$190.2M | -$182.6M |
| Depreciation and amortization | $43.9M | $33.7M | $29.7M |
| Stock-based compensation expense | $71.1M | $56.8M | $53.5M |
| Loss (gain) on disposal of assets | $2.6M | -$2.8M | -$111.0K |
| Loss on extinguishment of long-term debt | $5.9M | $1.3M | $1.7M |
| Amortization of debt issuance costs and discount | $3.1M | $3.1M | $2.9M |
| Noncash lease expense | $8.3M | $6.0M | $5.8M |
| Change in the fair value of contingent consideration | -$10.6M | -$218.0K | $1.3M |
| Accretion of marketable securities purchased at a discount | -$2.2M | -$2.9M | -$4.6M |
| Deferred income taxes | -$30.7M | $599.0K | $708.0K |
| Accounts receivable, net | $667.0K | -$1.4M | $1.5M |
| Contract assets | $2.3M | -$50.2M | -$3.5M |
| Inventories | -$39.9M | -$12.4M | -$15.6M |
| Prepaids and other current assets | -$15.5M | $7.6M | -$14.6M |
| Other non-current assets | $15.8M | -$12.9M | -$11.5M |
| Trade payables | $10.2M | $24.8M | $15.6M |
| Accrued expenses | -$1.9M | $9.1M | -$3.3M |
| Employee benefits payable | $1.5M | $5.3M | $5.5M |
| Contract liabilities | -$21.6M | $76.9M | $31.0M |
| Other current liabilities | $849.0K | $3.2M | -$7.6M |
| Non-current lease liabilities | -$11.5M | -$6.4M | -$5.1M |
| Other non-current liabilities | $223.0K | $2.2M | $227.0K |
| Net cash used in operating activities | -$165.5M | -$48.9M | -$98.9M |
| Purchases of property, equipment and software | -$156.3M | -$67.1M | -$54.7M |
| Proceeds on disposal of assets, net | $397.0K | $12.5M | $3.7M |
| Cash paid for business combinations and asset acquisitions, net of acquired cash | -$132.4M | $0 | -$19.0M |
| Purchases of marketable securities | -$275.3M | -$162.2M | -$207.3M |
| Maturities of marketable securities | $212.9M | $116.2M | $269.2M |
| Sale of marketable securities | $3.4M | $2.1M | $20.1M |
| Net cash (used in) provided by investing activities | -$347.4M | -$98.3M | $12.0M |
| Proceeds from ATM Equity Offerings | $1.1B | $0 | $0 |
| Issuance costs related to ATM Equity Offerings | -$26.5M | $0 | $0 |
| Proceeds from the exercise of stock options | $2.6M | $3.5M | $2.4M |
| Proceeds from Employee Stock Purchase Plan | $11.0M | $5.7M | $5.0M |
| Proceeds from sale of employees restricted stock units to cover taxes | $113.3M | $35.3M | $16.0M |
| Minimum tax withholding paid on behalf of employees for restricted stock units | -$113.5M | -$35.3M | -$15.7M |
| Payment of contingent consideration | $0 | $0 | -$1.0M |
| Finance lease principal payments | -$268.0K | -$329.0K | -$336.0K |
| Purchase of capped calls related to issuance of convertible senior notes | $0 | -$43.2M | $0 |
| Proceeds from issuance of convertible senior notes | $0 | $355.0M | $0 |
| Proceeds from secured term loan | $26.7M | $0 | $110.0M |
| Repayments on secured term loans | -$87.9M | -$51.7M | -$107.6M |
| Payment of debt issuance costs | -$278.0K | -$12.2M | -$1.4M |
| Net cash provided by financing activities | $1.1B | $256.7M | $7.4M |
| Effect of exchange rate changes on cash and cash equivalents | -$110.0K | -$597.0K | $43.0K |
| Net increase (decrease) in cash and cash equivalents and restricted cash | $558.2M | $108.9M | -$79.4M |
| Cash paid for interest | $24.5M | $16.3M | $15.6M |
| Cash paid for income taxes | $854.0K | $269.0K | $769.0K |
| Unpaid purchases of property, equipment and software | $18.5M | $8.3M | $2.8M |
| Right-of-use assets obtained in exchange for new operating lease liabilities | $39.3M | $2.9M | $30.4M |
| Early termination of right-of-use assets | $0 | $0 | $664.0K |
| Issuance of common stock for payment of accrued bonus | $1.8M | $1.8M | $0 |
| Issuance of common stock warrants in connection with Loan Agreement | $0 | $0 | $2.6M |
| Issuance of common stock in connection with acquisition, at fair value | $137.7M | $838.0K | $2.1M |
| Contingent consideration assumed at acquisition | $18.3M | $0 | $0 |
| Accrued issuance costs in connection with Loan Agreement | $0 | $0 | $641.0K |
| Accrued issuance costs in connection with ATM Equity Offerings | $214.0K | $0 | $0 |
| Convertible senior notes, net and accrued interest settled by issuance of common stock | $197.0M | $0 | $0 |
| Payable to seller in connection with business combination | $578.0K | $0 | $0 |
No quarter-by-quarter statement was filed.
Corporate structure
Rocket Lab Corporation sits at the top of its group. 15 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Rocket Lab Corporation
- VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Rocket Lab Corporation, latest Jul 31, 2026
- Peter Beck Filed SCHEDULE 13D/A on Rocket Lab Corporation, latest Mar 30, 2026 (5 filings since Sep 18, 2023)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Rocket Lab Corporation, latest Mar 27, 2026 (7 filings since Feb 9, 2023)
- VK Services, LLC Filed SCHEDULE 13D/A on Rocket Lab Corporation, latest Feb 17, 2026
- Khosla Ventures V, L.P. Filed SCHEDULE 13D/A on Rocket Lab Corporation, latest Nov 20, 2025
- KHOSLA VENTURES SEED B, L.P. Filed SCHEDULE 13D/A on Rocket Lab Corporation, latest Oct 23, 2025 (8 filings since Mar 17, 2022)
- BlackRock Filed SCHEDULE 13G on Rocket Lab Corporation, latest Oct 17, 2025 (6 filings since Feb 2, 2024)
- Bessemer Venture Partners VIII Institutional L.P. Filed SCHEDULE 13D/A on Rocket Lab Corporation, latest Feb 14, 2025
- Deer VIII & Co. Ltd. Filed SC 13D/A on Rocket Lab Corporation, latest Feb 14, 2024 (4 filings since Mar 7, 2022)
- Future Fund Board of Guardians Filed SC 13G/A on Rocket Lab Corporation, latest Feb 7, 2024 (3 filings since Feb 11, 2022)
- GLAZER CAPITAL, LLC Filed SC 13G/A on Rocket Lab Corporation, latest Feb 15, 2022
- INTEGRATED CORE STRATEGIES (US) LLC Filed SC 13G/A on Rocket Lab Corporation, latest Feb 14, 2022
- Rocket Lab Corporation Long Beach, California, United States
- ASI Aerospace LLC Subsidiary · Delaware, United States
- LightRidge Interco Solutions Holdings, Inc. Subsidiary · Delaware, United States
- Planetary Systems Corporation Subsidiary · the District of Columbia, United States
- Rocket Lab Australia Pty Ltd. Subsidiary · Australia
- Rocket Lab Composites LLC Subsidiary · Delaware, United States
- Rocket Lab Global Services, LLC Subsidiary · Delaware, United States
- Rocket Lab National Security LLC Subsidiary · Delaware, United States
- Rocket Lab Space Systems Inc. Subsidiary · British Columbia, Canada
- Rocket Lab USA, Inc. Subsidiary · Delaware, United States
- SolAero Holdings, Inc. Subsidiary · Delaware, United States
- SolAero IRB Company, LLC Subsidiary · New Mexico, United States
- SolAero Solar Power LLC Subsidiary · Delaware, United States
- SolAero Technologies Corp. Subsidiary · Delaware, United States
- SolAero, LLC Subsidiary · Delaware, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Rocket Lab Corporation reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $410.3M8 Dec 31, 2025 | $260.4M8 Dec 31, 2024 | +57.6% |
| Accumulated depreciation | $90.9M8 Dec 31, 2025 | $65.6M8 Dec 31, 2024 | +38.5% |
| Property and equipment, net | $319.5M8 Dec 31, 2025 | $194.8M8 Dec 31, 2024 | +64.0% |
| Finance-lease assets | $13.9M8 Dec 31, 2025 | $14.4M8 Dec 31, 2024 | −3.5% |
| Operating-lease assets (leased space) | $90.4M8 Dec 31, 2025 | $53.7M8 Dec 31, 2024 | +68.4% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $828.7M8 Dec 31, 2025 | $271.0M8 Dec 31, 2024 | +205.7% |
| Marketable securities, current | $187.9M8 Dec 31, 2025 | $147.9M8 Dec 31, 2024 | +27.0% |
| Marketable securities, non-current | $82.2M8 Dec 31, 2025 | $60.7M8 Dec 31, 2024 | +35.5% |
| Debt securities available for sale | $1.0B8 Dec 31, 2025 | $420.3M11 Dec 31, 2024 | +141.1% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $205.8M8 Dec 31, 2025 | $71.0M8 Dec 31, 2024 | +189.7% |
| Intangible assets, net (excluding goodwill) | $224.7M8 Dec 31, 2025 | $58.6M8 Dec 31, 2024 | +283.3% |
| Accumulated amortization | $62.6M8 Dec 31, 2025 | $44.5M8 Dec 31, 2024 | +40.7% |
| Finite-lived intangibles, net | $224.2M8 Dec 31, 2025 | $58.1M11 Dec 31, 2024 | +285.7% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $158.4M8 Dec 31, 2025 | $119.1M8 Dec 31, 2024 | +33.0% |
| Raw materials | $76.7M8 Dec 31, 2025 | $50.6M8 Dec 31, 2024 | +51.5% |
| Work in process | $68.7M8 Dec 31, 2025 | $60.5M8 Dec 31, 2024 | +13.6% |
| Finished goods | $13.0M8 Dec 31, 2025 | $8.0M8 Dec 31, 2024 | +62.7% |
Properties, in its own words
As of December 31, 2025, our principal facilities include our offices and production facility in Auckland, New Zealand, our offices and production facilities in Long Beach, California, our propulsion test center complex in Kopuku, New Zealand, our launch complexes in Mahia, New Zealand and Wallops Island, Virginia, our solar cell production facility in Albuquerque, New Mexico, our rocket engine testing complex at Stennis Space Center in Mississippi and our dedicated production and development complex in Middle River, Maryland. We lease or have contractual rights to access, but do not own, these facilities.
Our lease for our main office space and production facilities in Auckland, New Zealand expires on April 30, 2028, and we have the option to renew the lease for four additional years thereafter. This facility is our main production facility for Electron. Our locations in Long Beach, California, includes office space and production facilities for certain components that we use in Electron, Neutron and spacecraft manufacturing. The two main leases in Long Beach, California include one lease that expires on June 30, 2027, for which we have the option to extend the term of such lease for up to two additional periods of five years each thereafter, and another lease that expires on November 30, 2030 that has an option to extend the term for five years.
The rest of Item 2
We lease a propulsion test complex, which houses rocket engine testing facilities, in Kopuku, New Zealand. Our lease for this complex expires on November 15, 2029. We have the right to renew this lease agreement for four additional terms of five years each, followed by a fifth term of five years, less one day.
We also operate a launch complexes in Mahia, New Zealand and Wallops Island, Virginia. The current term of the lease agreement for our Mahia, New Zealand, launch complex expires on November 30, 2027. We have the right to renew our lease agreement for three additional terms of three years each. We have entered into an agreement providing us with rights to access the facilities, launch property and services at the Wallops Island, Virginia launch complex (LC-2), which expires on September 28, 2028. We have entered into an agreement providing us with rights to access the facilities, launch property and services at the Wallops Island, Virginia launch complex (LC-3), which expires on February 15, 2034.
Our solar cell through panel production activities are conducted out of our Albuquerque, New Mexico facility. From this location we research, develop, design and manufacture solar power solutions in an approximately 160,000 square foot production and research and development complex. We have a ground lease for one building that expires on September 18, 2050 and a lease on the second building that expires on May 31, 2042.
We lease a rocket engine testing complex, which houses operations for testing the Archimedes engine, at the Stennis Space Center in Mississippi. Our lease for this complex expires on October 22, 2032. We have the option to renew this lease agreement for ten years, subject to terms contained in the lease.
We lease a dedicated production and development complex designed to deliver a comprehensive suite of advanced composite products for the space industry, in Middle River, Maryland. Our lease for this complex expires on March 31, 2034. We have the option to renew this lease agreement for two additional terms of five years each.
Our optical systems business is based out of our Tucson, Arizona facilities. At these facilities we research, develop, design and manufacture advanced EO/IR sensor payloads. We have various leases that expire between 2028 and 2032.
Item 2 of the 10-K filed Feb 26, 2026.7
Leadership
Who has led Rocket Lab Corporation, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerPeter Beck May 23, 2025 to now15
- Chief executive officerAlexander R. Slusky Sep 24, 2020 to Sep 24, 202016
- ChairPeter Beck May 23, 2025 to now15
- ChairAlexander R. Slusky Sep 24, 2020 to Sep 24, 202016
- PresidentMarvin Bradford Clevenger Apr 6, 2026 to now17
- PresidentPeter Beck Sep 7, 2021 to Apr 6, 202618
- PresidentDavid Fishman Sep 24, 2020 to Sep 24, 202019
- Chief financial officerAdam C. Spice Sep 7, 2021 to now20
- Chief financial officerDavid A. Baylor Sep 24, 2020 to Sep 24, 202021
Board members and other officers (16)
- VP Corp Controller & CAOAgostino Ricupati Jun 5, 2026 to now22
- Chief Operations OfficerFrank Klein Sep 20, 2024 to now23
- OfficerArjun Kampani Apr 15, 2022 to now24
- EVP - Global OperationsShaun O'Donnell Sep 7, 2021 to Sep 15, 202225
- Board memberPeter Beck Nov 25, 2025 to now26
- Board memberKenneth R. Possenriede Aug 23, 2024 to now27
- Board memberNina Armagno Nov 1, 2023 to now28
- Board memberAlexander R. Slusky Jun 28, 2022 to now29
- Board memberDavid J/ca Cowan Sep 7, 2021 to Jun 27, 202230
- Board memberJon A. Olson Sep 7, 2021 to now31
- Board memberMatthew Ocko Sep 7, 2021 to now32
- Board memberMerline Saintil Sep 7, 2021 to now33
- Board memberMichael D. Griffin Sep 7, 2021 to Aug 26, 202434
- Board memberSven Strohband Sep 7, 2021 to May 13, 202435
- Board memberJohn Herr Sep 24, 2020 to Sep 24, 202036
- General counselArjun Kampani Nov 30, 2023 to now37
Subsidiaries and ownership
Subsidiaries
- Rocket Lab USA since May 23, 2025
Subsidiaries (Exhibit 21)
- ASI Aerospace LLC Delaware6
- LightRidge Interco Solutions Holdings, Inc. Delaware6
- Planetary Systems Corporation District of Columbia6
- Rocket Lab Australia Pty Ltd. Australia6
- Rocket Lab Composites LLC Delaware6
- Rocket Lab Global Services, LLC Delaware6
- Rocket Lab Limited New Zealand6
- Rocket Lab National Security LLC Delaware6
- Rocket Lab Space Systems Inc. British Columbia, Canada6
- Rocket Lab USA, Inc. Delaware6
- SolAero Holdings, Inc. Delaware6
- SolAero IRB Company, LLC New Mexico6
- SolAero Solar Power LLC Delaware6
- SolAero Technologies Corp. Delaware6
- SolAero, LLC Delaware6
From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Acquisitions
- May 23, 2025Rocket Lab USA became a subsidiary1
Former names
Timeline
- Oct 14, 20268-K Regulation FD disclosure; Other events38
- Sep 15, 20268-K Regulation FD disclosure; Other events39
- Aug 13, 20268-K Other events40
- Aug 13, 20268-K Regulation FD disclosure; Other events41
- Aug 10, 20268-K Results of operations42
- Jun 29, 20268-K Entered a material agreement; Regulation FD disclosure43
- Jun 5, 20268-K Executive or director change44
- May 21, 20268-K Shareholder vote45
- May 20, 20268-K Other events46
- May 8, 20268-K Other events47
- May 7, 20268-K Results of operations48
- Apr 14, 20268-K Unregistered sale of shares; Regulation FD disclosure; Other events49
- May 23, 2025New chief executive Peter Beck becomes CEO1
- May 23, 2025Went public Listed on NASDAQ1
- May 23, 2025Founded Founded1
- Sep 24, 2020New chief executive Alexander R. Slusky becomes CEO16
Calendar
Coming up
- Nov 9, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.01) a share, on Nov 10, 2025.50
When it reported results
- Aug 10, 2026Reported quarterly or annual results42
- May 7, 2026Reported quarterly or annual results48
- Feb 26, 2026Reported quarterly or annual results51
- Nov 10, 2025Reported quarterly or annual results52
- Aug 7, 2025Reported quarterly or annual results53
- May 8, 2025Reported quarterly or annual results54
- Feb 27, 2025Reported quarterly or annual results55
- Nov 12, 2024Reported quarterly or annual results56
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
553 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 77 major events, 189 insider forms, 40 large holders, 226 other. The latest 20:
- Oct 14, 20268-K EDGAR
- Oct 2, 20264 PRIMARY DOCUMENT EDGAR
- Oct 1, 2026144 EDGAR
- Sep 15, 2026425 8-K EDGAR
- Sep 15, 20268-K EDGAR
- Sep 4, 20264 PRIMARY DOCUMENT EDGAR
- Sep 2, 20264 PRIMARY DOCUMENT EDGAR
- Sep 2, 2026144 EDGAR
- Aug 28, 20264 PRIMARY DOCUMENT EDGAR
- Aug 28, 20264 PRIMARY DOCUMENT EDGAR
- Aug 27, 2026144 EDGAR
- Aug 27, 2026144 EDGAR
- Aug 26, 2026EFFECT EDGAR
- Aug 26, 20264 PRIMARY DOCUMENT EDGAR
- Aug 26, 20264 PRIMARY DOCUMENT EDGAR
- Aug 26, 20264 PRIMARY DOCUMENT EDGAR
- Aug 26, 20264 PRIMARY DOCUMENT EDGAR
- Aug 26, 20264 PRIMARY DOCUMENT EDGAR
- Aug 26, 2026424B3 EDGAR
- Aug 24, 2026144 EDGAR
The 553 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
116 open-market trades by officers, directors and large owners since October 2021: 0 buys and 116 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 2, 2026 | Spice Adam C.Chief Financial Officer | Sale | 140,157 | $62.63 | $8.8M | Form 4 |
| Aug 27, 2026 | Klein FrankChief Operations Officer | Sale | 35,558 | $66.61 | $2.4M | Form 4 |
| Aug 27, 2026 | Kampani ArjunSVP & General Counsel | Sale | 6,034 | $66.66 | $402.2K | Form 4 |
| Aug 24, 2026 | Spice Adam C.Chief Financial Officer | Sale | 9,677 | $69.62 | $673.8K | Form 4 |
| Aug 24, 2026 | Ricupati AgostinoVP Corp Controller & CAO | Sale | 669 | $69.62 | $46.6K | Form 4 |
| Aug 24, 2026 | Klein FrankChief Operations Officer | Sale | 45,692 | $69.62 | $3.2M | Form 4 |
| Aug 24, 2026 | Kampani ArjunSVP & General Counsel | Sale | 7,754 | $69.62 | $539.9K | Form 4 |
| Aug 24, 2026 | Clevenger Marvin BradfordPresident, Rocket Lab USA, Inc | Sale | 15,051 | $69.62 | $1.0M | Form 4 |
| Jul 8, 2026 | Beck PeterCEO | Sale | 990,960 | $82.86 | $82.1M | Form 4 |
| Jul 7, 2026 | Beck PeterCEO | Sale | 1,298,622 | $84.92 | $110.3M | Form 4 |
| Jul 6, 2026 | Beck PeterCEO | Sale | 986,197 | $95.33 | $94.0M | Form 4 |
| Jun 18, 2026 | Kampani ArjunSVP & General Counsel | Sale | 88,000 | $107.98 | $9.5M | Form 4 |
| Jun 2, 2026 | Slusky Alexander RDirector | Sale | 40,000 | $123.60 | $4.9M | Form 4 |
| May 28, 2026 | Slusky Alexander RDirector | Sale | 60,000 | $149.40 | $9.0M | Form 4 |
| May 28, 2026 | Klein FrankChief Operations Officer | Sale | 36,860 | $147.42 | $5.4M | Form 4 |
| May 28, 2026 | Clevenger Marvin BradfordPresident, Rocket Lab USA, Inc | Sale | 3,500 | $146.67 | $513.3K | Form 4 |
| May 28, 2026 | Kampani ArjunSVP & General Counsel | Sale | 23,804 | $147.44 | $3.5M | Form 4 |
| May 27, 2026 | Kampani ArjunSVP & General Counsel | Sale | 70,000 | $145.13 | $10.2M | Form 4 |
| May 26, 2026 | Spice Adam C.Chief Financial Officer | Sale | 62,744 | $142.57 | $8.9M | Form 4 |
| May 26, 2026 | Klein FrankChief Operations Officer | Sale | 44,390 | $142.57 | $6.3M | Form 4 |
All 116 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Jul 31, 202657
- Peter BeckSCHEDULE 13D/A, 5 filings Sep 18, 2023 to Mar 30, 202658
- VANGUARD GROUP INCSCHEDULE 13G/A, 7 filings Feb 9, 2023 to Mar 27, 202659
- VK Services, LLCSCHEDULE 13D/A, 1 filing Feb 17, 202660
- Khosla Ventures V, L.P.SCHEDULE 13D/A, 1 filing Nov 20, 202561
- KHOSLA VENTURES SEED B, L.P.SCHEDULE 13D/A, 8 filings Mar 17, 2022 to Oct 23, 202562
- BlackRockSCHEDULE 13G, 6 filings Feb 2, 2024 to Oct 17, 202563
- Bessemer Venture Partners VIII Institutional L.P.SCHEDULE 13D/A, 1 filing Feb 14, 202564
- Deer VIII & Co. Ltd.SC 13D/A, 4 filings Mar 7, 2022 to Feb 14, 202465
- Future Fund Board of GuardiansSC 13G/A, 3 filings Feb 11, 2022 to Feb 7, 202466
- GLAZER CAPITAL, LLCSC 13G/A, 1 filing Feb 15, 202267
- INTEGRATED CORE STRATEGIES (US) LLCSC 13G/A, 1 filing Feb 14, 202268
- Linden Capital L.P.SC 13G/A, 1 filing Jan 28, 202269
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Peter Beck | 48 | $800.0K | $6.8M70 |
| 2025 | Adam Spice | $443.6K | $455.1K70 | |
| 2025 | Arjun Kampani | $436.0K | $447.5K70 | |
| 2025 | Frank Klein | $400.0K | $426.0K70 | |
| 2024 | PresidentChief Executive Officer | $575.0K | $20.1M70 | |
| 2024 | Chief Operations Officer | $107.7K | $9.6M70 | |
| 2024 | Senior Vice PresidentGeneral Counsel | $439.4K | $1.8M70 | |
| 2024 | Chief Financial Officer | $431.5K | $733.0K70 | |
| 2023 | and Chairman of the Board | $500.0K | $962.7K70 | |
| 2023 | Chief Financial Officer | $407.0K | $688.3K70 | |
| 2023 | and Corporate Secretary | $400.0K | $601.6K70 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 40,580,130 | $4.1B | 0.1% | +2,594,134 |
| Vanguard Portfolio Management LLC | 27,118,258 | $2.8B | 0.1% | +1,379,808 |
| Vanguard Capital Management LLC | 25,299,213 | $2.6B | 0.1% | +1,011,723 |
| Invesco Ltd. | 18,343,547 | $1.9B | 0.1% | +14,745,237 |
| State Street Corp | 14,442,067 | $1.5B | 0.0% | +517,316 |
| Jpmorgan Chase & Co | 13,805,113 | $1.4B | 0.1% | +3,127,308 |
| Geode Capital Management, LLC | 10,503,238 | $1.1B | 0.1% | −67,647 |
| Baillie Gifford & Co | 10,384,512 | $1.1B | 1.0% | −8,043,531 |
| Capital World Investors | 7,370,414 | $749.2M | 0.1% | +128,330 |
| Morgan Stanley | 6,895,400 | $700.9M | 0.0% | +1,511,851 |
| Goldman Sachs Group Inc | 5,559,472 | $565.1M | 0.1% | +3,003,173 |
| Norges Bank | 5,437,031 | $552.7M | 0.1% | New |
| Bank Of America Corp /de/ | 4,301,823 | $437.3M | 0.0% | −231,539 |
| Fmr LLC | 3,701,770 | $376.3M | 0.0% | +6,836 |
| UBS Group AG | 3,609,563 | $366.9M | 0.1% | +1,528,905 |
| Vanguard Fiduciary Trust Co | 3,352,738 | $340.8M | 0.1% | +284,405 |
| Northern Trust Corp | 3,311,777 | $336.6M | 0.0% | +221,626 |
| Charles Schwab Investment Management Inc | 2,836,293 | $288.3M | 0.0% | +478,437 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 2,737,451 | $278.3M | 0.1% | +352,094 |
| American Century Companies Inc | 2,577,154 | $262.0M | 0.1% | +431,263 |
| Voya Investment Management LLC | 2,378,367 | $241.8M | 0.2% | +138,898 |
| Royal Bank Of Canada | 2,276,941 | $231.4M | 0.0% | +91,298 |
| Amundi | 2,180,748 | $221.7M | 0.1% | +396,639 |
| Allianz Asset Management GmbH | 2,167,553 | $220.3M | 0.2% | New |
| Westfield Capital Management Co LP | 2,114,005 | $214.9M | 0.7% | −1,058,606 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Rocket Lab Corporation is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARRocket Lab Corp2
- CIK0001819994
- Employer ID (EIN)39-21825997
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company7
- Incorporated inDelaware7
- Fiscal year endsDecember 312
- Industry code (SIC)3760 Guided Missiles & Space Vehicles & Parts2
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
- Business address3881 Mcgowen Street, Long Beach, CA 908082
- Phone714-465-57372
- Shares outstanding598,350,482 as of Aug 5, 202613
- Public float$14.9B as of Jun 30, 20257
- AuditorDeloitte & Touche LLP, Los Angeles, California PCAOB ID 34; it also attests to the company’s internal control over financial reporting7
- On EDGAR sinceAug 7, 20202
- Filings642 in all: 4 (182), 144 (91), 8-K (87), 424B3 (55), 425 (27), 3 (24), 10-Q (18), EFFECT (13)2
All 47 form types
SC 13G/A (13), SC 13D/A (11), SC 13G (10), DEFA14A (9), SCHEDULE 13D/A (9), POS AM (8), 10-K (6), 424B5 (6), CORRESP (5), DEF 14A (5), S-8 POS (5), ARS (4), S-8 (4), SD (4), UPLOAD (4), S-1 (3), S-1/A (3), SC 13D (3), SCHEDULE 13G/A (3), 10-K/A (2), 25-NSE (2), 3/A (2), 4/A (2), 424B7 (2), DRS (2), PRE 14A (2), S-4 (2), S-4/A (2), SCHEDULE 13G (2), 15-12G (1), 424B4 (1), 8-A12B (1), 8-K/A (1), 8-K12B (1), CERT (1), NT 10-K (1), NT 10-Q (1), POSASR (1), S-3ASR (1)
- Latest filingsAnnual report (10-K) Feb 26, 2026
Quarterly report (10-Q) Aug 10, 2026
Proxy statement (DEF 14A) Apr 6, 2026
Latest 8-K (8-K) Oct 14, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $0.0001 per share | RKLB | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Feb 26, 2026 (Section 12(b) of the Exchange Act).7
Risk factors and legal proceedings
The risks Rocket Lab Corporation names in Item 1A of its 10-K filed Feb 26, 2026: 60 risks under these headings, as written.7
- Risks Relating to Our Business
- We have experienced rapid growth in recent periods and those growth rates may not be indicative of our future growth. If we fail to manage our growth effectively, we may be unable to execute our business plan and our business, results of operations, and financial condition could be harmed.
- We have a limited operating history in an evolving industry, which makes it difficult to forecast our revenue, plan our expenses and evaluate our business and future prospects.
- We have a history of losses, we anticipate increasing operating expenses and capital expenditures in the future, and we may not be able to achieve and, if ever achieved, maintain profitability.
- Our future revenue and operating results are dependent on our ability to generate a sustainable order rate for our products and services and develop new technologies to meet the needs of our customers or potential new customers.
- Our business with various governmental entities is subject to the policies, priorities, regulations, mandates and funding levels of such governmental entities and may be negatively or positively impacted by any change thereto.
- We derive a substantial amount of our revenues from only a few of our customers. A loss of, or default by, one or more of these major customers, or a material adverse change in any such customer’s business or financial condition, could materially reduce our future revenues and contracted backlog.
- Disruptions in U.S. government operations and funding could have a material adverse effect on our revenues, earnings and cash flows, and otherwise adversely affect our financial condition.
- We may not be successful in developing new technology, including our Neutron launch vehicle, and the technology we are successful in developing may not meet the needs of our customers or potential new customers.
- We operate in highly competitive industries and in various jurisdictions across the world which may cause us to have to reduce our prices.
- Acquisitions or divestitures could result in adverse impacts on our operations.
- Uncertain global macro-economic and political conditions could materially adversely affect our results of operations and financial condition.
The other 49 risks
- We often rely on a single vendor or a limited number of vendors to provide certain key products or services and the inability of these key vendors to meet our needs could have a material adverse effect on our business.
- Launch vehicles are subject to manufacturing delays, damage or destruction during pre-launch operations, and launch failures, the occurrence of which can materially and adversely affect our operations.
- Spacecraft are subject to manufacturing and launch delays, damage or destruction during pre-launch operations, launch failures and incorrect orbital placement, the occurrence of which can materially and adversely affect our operations.
- If our launch vehicles and spacecraft fail to operate as intended, it could have a material adverse effect on our business, financial condition and results of operations.
- Our contracts may include performance-based payment terms that expose us to financial risks.
- Our revenue, results of operations and reputation may be negatively impacted if our products contain defects or fail to operate in the expected manner.
- Any inability to operate Electron at our anticipated launch rate could adversely impact our business, financial condition and results of operations.
- Disruptions in the supply of key raw materials or components, including restrictions on our ability to obtain rare earth minerals, and difficulties in the supplier qualification process, as well as increases in prices of raw materials, could adversely impact us.
- The expansion of our operations subjects us to additional risks that can adversely affect our operating results.
- Space is a harsh and unpredictable environment where our products and service offerings are exposed to a wide and unique range of environmental risks, including, among others, coronal mass ejections, solar flares and other extreme space weather events and potential collision with space debris or another spacecraft, which could adversely affect our launch vehicle and spacecraft performance.
- Increased congestion from the proliferation of low Earth orbit constellations could materially increase the risks of potential collision with space debris or another spacecraft and limit or impair our launch flexibility and/or access to our own orbital slots.
- Our business involves significant risks and uncertainties that may not be covered by insurance.
- Interruption or failure of our infrastructure could hurt our ability to effectively perform our daily operations and provide and produce our products and services, which could damage our reputation and harm our operating results.
- Any significant disruption in or unauthorized access to our computer systems or those of third parties that we utilize in our operations, including those relating to cybersecurity or arising from cyber-attacks, could result in a loss or degradation of service, unauthorized disclosure of data, or theft or tampering of intellectual property, any of which could materially adversely impact our business.
- If we cannot successfully protect our intellectual property, our business could suffer.
- Third parties may allege that our technology violates their proprietary data rights, which could have a negative impact on our operations.
- Indemnity provisions in various agreements potentially expose us to substantial liability for intellectual property infringement and other losses.
- We are highly dependent on the services of Sir Peter Beck, our President, Chief Executive Officer and Chairman, and if we are unable to retain Mr. Beck, our ability to compete could be harmed.
- Our inability to hire or retain key personnel could adversely affect our business, operating results and financial condition.
- Labor-related matters, including labor disputes, may adversely affect our operations.
- Given the relative contribution and materiality of our New Zealand operations, fluctuations in foreign exchange rates or future hedging activities could have a negative impact on our business.
- We may require additional capital to support business growth, and this capital might not be available on company favorable terms, if at all, or may be available only by diluting existing stockholders or putting excessive debt leverage and insolvency risk on the business.
- We are incurring, and will continue to incur, significant increased expenses and administrative burdens as a public company, which could have an adverse effect on its business, financial condition and results of operations.
- The release, unplanned ignition, explosion, or improper handling of dangerous materials used in our business could disrupt our operations and adversely affect our financial results.
- If we experience cost overruns on our contracts, we would have to absorb the excess costs which could adversely affect our financial results.
- Our indebtedness and liabilities could limit the cash flow available for our operations, expose us to risks that could adversely affect our business, financial condition and results of operations and impair our ability to satisfy our obligations under our debt instruments when they come due.
- We may be unable to raise the funds necessary to repurchase our convertible senior notes for cash following a fundamental change, or to pay any cash amounts due upon conversion, and our other then-existing indebtedness may limit our ability to repurchase the notes or pay cash upon their conversion.
- Provisions in the indenture could delay or prevent an otherwise beneficial takeover of us.
- The capped call transactions may affect the value of our convertible senior notes and our common stock.
- We are subject to counterparty risk with respect to the capped call transactions, and the capped call may not operate as planned.
- Changes in our accounting estimates and assumptions could negatively affect our financial position and results of operations.
- Our actual operating results may differ significantly from our guidance.
- Certain future operational facilities may require significant expenditures in capital improvements and operating expenses to develop and foster basic levels of service needed for our operations, and the ongoing need to maintain existing operational facilities requires us to expend capital.
- We currently have, and will continue to have, significant lease obligations, and our failure to meet those obligations could adversely affect our financial condition and business.
- If we expand further outside the United States, we will be exposed to a variety of risks associated with international operations that could materially and adversely affect our business.
- We are subject to many hazards and operational risks that can disrupt our business, including interruptions or disruptions in service at our primary facilities, which could have a material adverse effect on our business, financial condition and results of operations.
- Natural disasters, unusual weather conditions, epidemic outbreaks, terrorist acts and political events could disrupt our business and flight schedule.
- Any acquisitions, partnerships or joint ventures that we enter into could disrupt our operations and have a material adverse effect on our business, financial condition and results of operations.
- Risks Related to Legal and Regulatory Matters
- Changes in trade policies, including tariffs, could cause adverse impacts to our business.
- Our operations in the U.S. government market are subject to significant regulatory risk.
- Failure to comply with the requirements of the National Industrial Security Program Operating Manual could result in interruption, delay or suspension of our ability to provide our products and services, and could result in loss of current and future business with the U.S. government.
- Changes in tax law, in our tax rates or in exposure to additional income tax liabilities or assessments may materially and adversely affect our financial condition, results of operations and cash flows.
- Our operations are subject to governmental law and regulations relating to environmental matters, which may expose us to significant costs and liabilities that could negatively impact our financial condition.
- We may experience warranty claims for product failures, schedule delays or other problems with existing or new products.
- We may be subject to securities litigation, which is expensive and could divert management attention.
- We may become involved in litigation that may materially adversely affect us.
- Risks Related to Ownership of our Common Stock
- Future resales of common stock may cause the market price of our securities to drop significantly, even if our business is doing well.
- Our issuance of additional capital stock, warrants or convertible debt securities in connection with financings, refinancings of existing indebtedness, acquisitions, investments, the Equity Incentive Plan or otherwise will dilute all other stockholders.
- Provisions in our amended and restated certificate of incorporation and Delaware law may inhibit a takeover of us, which could limit the price investors might be willing to pay in the future for our common stock and could entrench management.
Legal proceedings
From time to time, we may become involved in litigation relating to claims arising from the ordinary course of business. Our management believes that there are currently no claims or actions pending against us, the ultimate disposition of which could have a material adverse effect on our results of operations or financial condition. Nevertheless, the Company and certain of our officers have been named as defendants in a putative securities class action filed in February 2025 in the United States District Court for the Central District of California. The case was purportedly filed on behalf of persons who claim to have suffered damages as a result of alleged misstatements concerning the progress of our Neutron rocket development. We filed a Motion to Dismiss the Complaint on August 27, 2025. The Court granted the Motion to Dismiss on November 10, 2025. The Plaintiff filed an amended Complaint on December 19, 2025, and the Company filed a Motion to Dismiss this Complaint on January 19, 2026. Relying on many of the same allegations as the securities class action, in April 2025, two shareholders filed putative shareholder derivative actions on behalf of the Company against our directors and certain of our officers in the United States District Court for the Central District of California. The Court has granted the parties’ stipulation to stay these actions pending final resolution of the Motion to Dismiss the securities class action. We intend to vigorously defend ourself against these claims and are currently unable to predict the timing, outcome or consequences of these actions, or estimate any probable range of loss.
The opening of Item 3, Legal Proceedings.7
Links
- LinkedInwww.linkedin.com/company/rocket-lab-corp1
- WikidataQ140994560
- SEC EDGARCIK 1819994
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4Wikimedia CommonsRocket Lab Corporation logo by Rocket Lab, Public domain
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15Wikidata and SEC EDGARPeter Beck, Chief executive officer
- 16
- 17SEC EDGARMarvin Bradford Clevenger, President
- 18SEC EDGARPeter Beck, President
- 19SEC EDGARDavid Fishman, President
- 20
- 21
- 22
- 23
- 24SEC EDGARArjun Kampani, Officer
- 25
- 26SEC EDGARPeter Beck, Board member
- 27SEC EDGARKenneth R. Possenriede, Board member
- 28SEC EDGARNina Armagno, Board member
- 29SEC EDGARAlexander R. Slusky, Board member
- 30SEC EDGARDavid J/ca Cowan, Board member
- 31SEC EDGARJon A. Olson, Board member
- 32SEC EDGARMatthew Ocko, Board member
- 33SEC EDGARMerline Saintil, Board member
- 34SEC EDGARMichael D. Griffin, Board member
- 35SEC EDGARSven Strohband, Board member
- 36SEC EDGARJohn Herr, Board member
- 37SEC EDGARArjun Kampani, General counsel
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- 40SEC EDGAROther events
- 41
- 42SEC EDGARResults of operations
- 43
- 44SEC EDGARExecutive or director change
- 45SEC EDGARShareholder vote
- 46SEC EDGAROther events
- 47SEC EDGAROther events
- 48SEC EDGARResults of operations
- 49
- 50NasdaqNasdaq calendar
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