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Operating Expense Breakdown
Details core costs like R&D, marketing, and admin, offering insight into how efficiently the company runs and where it’s prioritizing investment.Both R&D and SG&A have accelerated materially since 2023, with R&D now the largest expense—consistent with an aggressive product-development and production ramp—while SG&A’s rise shows simultaneous commercial and scaling investments. That split signals Rocket Lab is prioritizing technical build-out (likely new vehicle and manufacturing capacity) even at the cost of rising cash burn; investors should watch revenue/contract cadence and margin improvement to judge whether these investments convert into sustainable commercial scale or prolonged dilution risk.
Date | Research and Development | Selling, General, and Administrative |
|---|---|---|
Jun 30, 2026 | $82.43M | $59.66M |
Mar 31, 2026 | $80.51M | $51.95M |
Dec 31, 2025 | $78.78M | $40.49M |
Sep 30, 2025 | $70.69M | $45.59M |
Jun 30, 2025 | $66.13M | $39.89M |
Mar 31, 2025 | $55.11M | $39.33M |
Dec 31, 2024 | $48.28M | $40.08M |
Sep 30, 2024 | $47.70M | $32.20M |
Jun 30, 2024 | $39.91M | $30.52M |
Mar 31, 2024 | $38.50M | $28.75M |