Rocket Lab USA (RKLB) Revenue — Quarter Ended Mar 31, 2023
Revenue increased compared to the prior quarter and rose sharply versus the same quarter last year. The sequential growth reflects continued operational momentum, while the year-over-year gain underscores a larger revenue base.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased compared to the prior quarter and rose sharply versus the same quarter last year. The sequential growth reflects continued operational momentum, while the year-over-year gain underscores a larger revenue base.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$54.9M
Revenue reported for this quarter.
Quarter-over-quarter
+6.1%
Change from the immediately preceding quarter.
Year-over-year
+34.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$225.2M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $55.5M | +391.8% |
| Sep 30, 2022 | $63.1M | +1092.7% |
| Dec 31, 2022 | $51.8M | +88.4% |
| Mar 31, 2023 | $54.9M | +34.9% |
Revenue performance
Reported revenue moved higher from the immediately preceding quarter, marking a positive sequential trend. The year-over-year comparison also showed a substantial increase, indicating sustained expansion.
Quarterly comparison
Compared with the prior quarter, revenue improved, reversing the decline seen in the previous period. Relative to the same quarter a year earlier, revenue was significantly higher, continuing a pattern of strong annual growth.
What to watch
Monitor the company's ability to sustain launch cadence and space systems orders, as these are key to future revenue growth.