Quick Answer
Rocket Lab Corp reported R&D Expense of $270.72 million for fiscal year 2025.
Rocket Lab Corp R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $270.72M | +55.2% |
| 2024 | $174.39M | +46.5% |
| 2023 | $119.05M | +82.7% |
| 2022 | $65.17M | +56.0% |
| 2021 | $41.77M | +118.2% |
| 2020 | $19.14M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $70.69M | +48.1% | +6.9% |
| June 30, 2025 | $66.13M | +65.7% | +20.0% |
| March 31, 2025 | $55.11M | +43.1% | +15.5% |
| September 30, 2024 | $47.72M | +79.2% | +19.6% |
| June 30, 2024 | $39.91M | +28.6% | +3.7% |
| March 31, 2024 | $38.50M | +61.1% | +44.6% |
| September 30, 2023 | $26.63M | +52.1% | -14.2% |
| June 30, 2023 | $31.04M | +61.9% | +29.8% |
- Rocket Lab Corp showed an increase of +55.2% in R&D Expense compared to the prior fiscal year.
- Over the 2020–2025 period, Rocket Lab Corp’s r&d expense has grown by 1314.3% (from $19.14 million to $270.72 million).
- The most recent figure is from Rocket Lab Corp’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 26, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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