Rocket Lab USA (RKLB) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the current quarter, continuing the upward trajectory from the prior period. The growth was substantial compared with the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the current quarter, continuing the upward trajectory from the prior period. The growth was substantial compared with the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$106.3M
Revenue reported for this quarter.
Quarter-over-quarter
+14.5%
Change from the immediately preceding quarter.
Year-over-year
+71.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$326.7M
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 |
|---|---|---|
| Sep 30, 2023 | $67.7M | +7.3% |
| Dec 31, 2023 | $60M | +15.9% |
| Mar 31, 2024 | $92.8M | +69.0% |
| Jun 30, 2024 | $106.3M | +71.2% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, marking a sequential improvement. The year-over-year comparison also showed a strong increase.
Quarterly comparison
Revenue was higher than both the prior quarter and the same quarter a year ago. The sequential gain and the year-over-year gain both reflected continued expansion.
What to watch
The company's ability to maintain launch cadence and develop the next-generation launch vehicle remains a key factor for future revenue growth.