Rocket Lab USA (RKLB) Revenue — Quarter Ended Dec 31, 2023
Revenue declined from the prior quarter but rose compared to the same quarter a year earlier. The sequential decrease followed a period of growth in the preceding quarters.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue declined from the prior quarter but rose compared to the same quarter a year earlier. The sequential decrease followed a period of growth in the preceding quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$60M
Revenue reported for this quarter.
Quarter-over-quarter
-11.3%
Change from the immediately preceding quarter.
Year-over-year
+15.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$244.6M
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 |
|---|---|---|
| Mar 31, 2023 | $54.9M | +34.9% |
| Jun 30, 2023 | $62M | +11.8% |
| Sep 30, 2023 | $67.7M | +7.3% |
| Dec 31, 2023 | $60M | +15.9% |
Revenue performance
The reported revenue for the quarter was lower than the immediately preceding quarter, marking a reversal from the upward trend seen earlier in the fiscal year.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher. However, relative to the prior quarter, revenue decreased.
What to watch
The sequential decline in revenue warrants attention given the prior quarters of consistent growth.