Rocket Lab USA (RKLB) Revenue — Quarter Ended Mar 31, 2025
Revenue declined from the prior quarter but rose sharply compared with the same quarter a year earlier. The sequential decrease followed a period of strong growth, while the year-over-year gain continued a multi-quarter trend of higher revenue.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue declined from the prior quarter but rose sharply compared with the same quarter a year earlier. The sequential decrease followed a period of strong growth, while the year-over-year gain continued a multi-quarter trend of higher revenue.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$122.6M
Revenue reported for this quarter.
Quarter-over-quarter
-7.4%
Change from the immediately preceding quarter.
Year-over-year
+32.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$466M
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, 2024 | $106.3M | +71.2% |
| Sep 30, 2024 | $104.8M | +54.9% |
| Dec 31, 2024 | $132.4M | +120.7% |
| Mar 31, 2025 | $122.6M | +32.1% |
Revenue performance
Reported revenue for the quarter was lower than the immediately preceding quarter, marking a reversal from the prior period's increase. The year-over-year comparison showed a substantial increase, reflecting sustained expansion from the same quarter one year earlier.
Quarterly comparison
Compared with the prior quarter, revenue contracted, ending a sequence of sequential gains. Relative to the same quarter one year ago, revenue was significantly higher, continuing a pattern of year-over-year growth.
What to watch
The sequential decline in revenue warrants attention, particularly given the company's reliance on launch cadence and development of the Neutron vehicle to sustain growth.