Rocket Lab USA (RKLB) Revenue — Quarter Ended Sep 30, 2023
Revenue increased in the current quarter compared to both the prior quarter and the same quarter a year ago. The sequential growth rate was higher than the year-over-year growth rate.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue increased in the current quarter compared to both the prior quarter and the same quarter a year ago. The sequential growth rate was higher than the year-over-year growth rate.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$67.7M
Revenue reported for this quarter.
Quarter-over-quarter
+9.1%
Change from the immediately preceding quarter.
Year-over-year
+7.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$236.4M
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 |
|---|---|---|
| Dec 31, 2022 | $51.8M | +88.4% |
| Mar 31, 2023 | $54.9M | +34.9% |
| Jun 30, 2023 | $62M | +11.8% |
| Sep 30, 2023 | $67.7M | +7.3% |
Revenue performance
The reported revenue reflects a sequential increase from the immediately preceding quarter, continuing an upward trend observed over recent periods.
Quarterly comparison
Compared to the same quarter one year earlier, revenue also rose, though at a slower pace than the sequential gain. The trailing twelve-month revenue figure further underscores the overall upward trajectory.
What to watch
Monitor the company's ability to sustain launch cadence and space systems growth, as highlighted in the risk factors.