$RKLB
Rocket Lab USA, Inc.

2022 Q4 Form 10-Q Financial Statement

#000095017022023923 Filed on November 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $51.76M $63.06M $5.287M
YoY Change 88.38% 1092.68% -50.45%
Cost Of Revenue $49.93M $54.59M $17.74M
YoY Change 140.14% 207.76% 41.28%
Gross Profit $1.830M $8.467M -$12.45M
YoY Change -72.63% -168.0% 560.53%
Gross Profit Margin 3.54% 13.43% -235.5%
Selling, General & Admin $21.98M $22.96M $24.73M
YoY Change 17.31% -7.15% 434.22%
% of Gross Profit 1201.15% 271.18%
Research & Development $14.38M $17.51M $13.76M
YoY Change 35.85% 27.25% 185.57%
% of Gross Profit 785.68% 206.78%
Depreciation & Amortization $8.357M $4.247M $2.563M
YoY Change 142.87% 65.7% -59.95%
% of Gross Profit 456.67% 50.16%
Operating Expenses $39.05M $40.47M $39.84M
YoY Change 25.91% 1.57% 263.54%
Operating Profit -$37.22M -$32.00M -$52.30M
YoY Change 52.99% -38.8% 307.12%
Interest Expense -$1.380M -$1.486M -$2.961M
YoY Change -52.88% -49.81% 1774.05%
% of Operating Profit
Other Income/Expense, Net $385.0K -$915.0K -$34.40M
YoY Change -98.39% -97.34% 5613.79%
Pretax Income -$38.22M -$32.92M -$89.65M
YoY Change 1042.54% -63.28% 558.97%
Income Tax -$1.010M $1.693M -$1.684M
% Of Pretax Income
Net Earnings -$37.21M -$34.61M -$87.97M
YoY Change -1264.21% -60.66% 597.89%
Net Earnings / Revenue -71.88% -54.89% -1663.87%
Basic Earnings Per Share -$0.07 -$0.39
Diluted Earnings Per Share -$0.08 -$0.07 -$385.4K
COMMON SHARES
Basic Shares Outstanding 473.3M 469.0M 228.3M
Diluted Shares Outstanding 469.8M 228.3M

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $481.0M $512.5M $792.7M
YoY Change -30.39% -35.35% 85651.38%
Cash & Equivalents $242.5M $333.3M $792.7M
Short-Term Investments $238.5M $179.2M
Other Short-Term Assets $7.632M $7.684M $10.58M
YoY Change 262.74% -27.39% 2371.56%
Inventory $92.28M $86.14M $38.37M
Prepaid Expenses $43.13M $31.10M
Receivables $36.57M $57.73M $13.41M
Other Receivables $1.443M $5.031M $0.00
Total Short-Term Assets $662.3M $699.5M $855.0M
YoY Change -14.52% -18.19% 63116.51%
LONG-TERM ASSETS
Property, Plant & Equipment $101.5M $93.55M $80.24M
YoY Change 55.37% 16.59%
Goodwill $71.02M $59.93M
YoY Change 63.99%
Intangibles $79.69M $82.98M
YoY Change 38.63%
Long-Term Investments $9.193M $9.751M
YoY Change
Other Assets $7.303M $1.472M $7.036M
YoY Change 60.51% -79.08%
Total Long-Term Assets $326.8M $301.9M $100.4M
YoY Change 58.59% 200.83% -66.55%
TOTAL ASSETS
Total Short-Term Assets $662.3M $699.5M $855.0M
Total Long-Term Assets $326.8M $301.9M $100.4M
Total Assets $989.1M $1.001B $955.4M
YoY Change 0.84% 4.81% 217.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.08M $13.27M $2.205M
YoY Change 246.35% 501.63%
Accrued Expenses $8.723M $9.586M $7.219M
YoY Change -20.53% 32.79% 1203066.67%
Deferred Revenue $108.3M $112.6M
YoY Change 81.33%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.906M $2.886M $2.807M
YoY Change 2.79% 2.81%
Total Short-Term Liabilities $162.9M $161.3M $76.74M
YoY Change 69.19% 110.23% 630.85%
LONG-TERM LIABILITIES
Long-Term Debt $100.0M $99.34M $96.62M
YoY Change 2.82% 2.82%
Other Long-Term Liabilities $3.005M $2.576M $107.9M
YoY Change 66.94% -97.61%
Total Long-Term Liabilities $103.0M $101.9M $204.5M
YoY Change 3.99% -50.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $162.9M $161.3M $76.74M
Total Long-Term Liabilities $103.0M $101.9M $204.5M
Total Liabilities $315.9M $310.5M $281.3M
YoY Change 11.87% 10.41% 2578.5%
SHAREHOLDERS EQUITY
Retained Earnings -$441.0M -$403.7M
YoY Change 44.57%
Common Stock $48.00K $47.00K
YoY Change 6.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $673.2M $690.8M $674.1M
YoY Change
Total Liabilities & Shareholders Equity $989.1M $1.001B $955.4M
YoY Change 0.84% 4.81% 217.03%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$37.21M -$34.61M -$87.97M
YoY Change -1264.21% -60.66% 597.89%
Depreciation, Depletion And Amortization $8.357M $4.247M $2.563M
YoY Change 142.87% 65.7% -59.95%
Cash From Operating Activities -$18.95M -$23.00M -$13.30M
YoY Change -13.54% 72.97% -37.92%
INVESTING ACTIVITIES
Capital Expenditures $14.99M -$8.349M -$5.748M
YoY Change -205.2% 45.25% -67.67%
Acquisitions
YoY Change
Other Investing Activities -$58.23M -$180.4M
YoY Change -12.35%
Cash From Investing Activities -$73.22M -$188.7M -$5.748M
YoY Change -9.25% 3183.11% -80.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$28.34M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 472.0K 2.135M 704.4M
YoY Change -125.65% -99.7% 3275.39%
NET CHANGE
Cash From Operating Activities -18.95M -23.00M -13.30M
Cash From Investing Activities -73.22M -188.7M -5.748M
Cash From Financing Activities 472.0K 2.135M 704.4M
Net Change In Cash -91.70M -209.6M 685.4M
YoY Change -12.2% -130.58% -2344.82%
FREE CASH FLOW
Cash From Operating Activities -$18.95M -$23.00M -$13.30M
Capital Expenditures $14.99M -$8.349M -$5.748M
Free Cash Flow -$33.94M -$14.65M -$7.547M
YoY Change 342.95% 94.09% 107.45%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001819994
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-39560
dei Entity Registrant Name
EntityRegistrantName
ROCKET LAB USA, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
98-1550340
dei Entity Address Address Line1
EntityAddressAddressLine1
3881 McGowen Street
dei Entity Address City Or Town
EntityAddressCityOrTown
Long Beach
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
90808
dei City Area Code
CityAreaCode
714
dei Local Phone Number
LocalPhoneNumber
465-5737
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
473257191
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
333279000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
690959000
CY2022Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
169428000
CY2021Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
0
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
57732000
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
13957000
CY2022Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
9063000
CY2022Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
43810000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
19454000
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
2490000
CY2022Q3 us-gaap Inventory Net
InventoryNet
86138000
CY2021Q4 us-gaap Inventory Net
InventoryNet
47904000
CY2022Q3 us-gaap Assets Current
AssetsCurrent
699450000
CY2021Q4 us-gaap Assets Current
AssetsCurrent
774764000
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
93547000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
65339000
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
82980000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
57487000
CY2022Q3 us-gaap Goodwill
Goodwill
59929000
CY2021Q4 us-gaap Goodwill
Goodwill
43308000
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
32214000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
28424000
CY2022Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
15768000
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
0
CY2022Q3 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
9751000
CY2021Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
0
CY2022Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
3008000
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1116000
CY2022Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
3243000
CY2021Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
5859000
CY2022Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1472000
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4550000
CY2022Q3 us-gaap Assets
Assets
1001362000
CY2021Q4 us-gaap Assets
Assets
980847000
CY2022Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
13266000
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
3489000
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
9586000
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10977000
CY2022Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8560000
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8266000
CY2022Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
112649000
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
59749000
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
2886000
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2827000
CY2022Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
14393000
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
10999000
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
161340000
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
96307000
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
99344000
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
97297000
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
31588000
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
28302000
CY2022Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
15656000
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
0
CY2022Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
22000
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
466000
CY2022Q3 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
0
CY2021Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
58227000
CY2022Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2576000
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1800000
CY2022Q3 us-gaap Liabilities
Liabilities
310526000
CY2021Q4 us-gaap Liabilities
Liabilities
282399000
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2500000000
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2500000000
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
472746850
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
472746850
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
450180479
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
450180479
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
47000
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
45000
CY2022Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1098892000
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1002106000
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-403747000
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-305011000
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
4356000
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1308000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
690836000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
698448000
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1001362000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
980847000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
63057000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5287000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
159234000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
34759000
CY2022Q3 us-gaap Cost Of Revenue
CostOfRevenue
54590000
CY2021Q3 us-gaap Cost Of Revenue
CostOfRevenue
17738000
us-gaap Cost Of Revenue
CostOfRevenue
142074000
us-gaap Cost Of Revenue
CostOfRevenue
43337000
CY2022Q3 us-gaap Gross Profit
GrossProfit
8467000
CY2021Q3 us-gaap Gross Profit
GrossProfit
-12451000
us-gaap Gross Profit
GrossProfit
17160000
us-gaap Gross Profit
GrossProfit
-8578000
CY2022Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
17508000
CY2021Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
14189000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
50150000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
29797000
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
22961000
CY2021Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
25655000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
64991000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
39347000
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
40469000
CY2021Q3 us-gaap Operating Expenses
OperatingExpenses
39844000
us-gaap Operating Expenses
OperatingExpenses
115141000
us-gaap Operating Expenses
OperatingExpenses
69144000
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-32002000
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-52295000
us-gaap Operating Income Loss
OperatingIncomeLoss
-97981000
us-gaap Operating Income Loss
OperatingIncomeLoss
-77722000
CY2022Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-1486000
CY2021Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-2977000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-6907000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-3377000
CY2022Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-51000
CY2021Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
16000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3947000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-389000
CY2022Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0
CY2021Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
33947000
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-13482000
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
39424000
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
622000
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-450000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
625000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-583000
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-915000
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-37358000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3253000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-43773000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-32917000
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-89653000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-94728000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-121495000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1693000
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1684000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4008000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-979000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-34610000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-87969000
us-gaap Net Income Loss
NetIncomeLoss
-98736000
us-gaap Net Income Loss
NetIncomeLoss
-120516000
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4655000
CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1008000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4809000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
66000
CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-855000
CY2021Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-855000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-40120000
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-88977000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-104400000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-120450000
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.39
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.93
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.93
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
469768797
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
469768797
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
228266647
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
228266647
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
463709955
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
463709955
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129232016
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129232016
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
698448000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-26709000
CY2022Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1020000
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
14116000
CY2022Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
44844000
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
876000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
732595000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-37417000
CY2022Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
3726000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
15580000
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1030000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
713454000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-34610000
CY2022Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
666000
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
16836000
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5510000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
690836000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-166708000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-15882000
CY2021Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
542000
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
1102000
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
741000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-180205000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-16665000
CY2021Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
230000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
1278000
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
333000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-195029000
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-92000
rklb Increase Decrease In Non Current Lease Liabilities
IncreaseDecreaseInNonCurrentLeaseLiabilities
-2551000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-87969000
CY2021Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1999000
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
21793000
CY2021Q3 rklb Stock Issued During Period Value Preferred Stock Warrants Exercised
StockIssuedDuringPeriodValuePreferredStockWarrantsExercised
6514000
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
2975000
CY2021Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
274961000
CY2021Q3 rklb Stock Issued During Period Value Reverse Recapitalization
StockIssuedDuringPeriodValueReverseRecapitalization
649890000
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1008000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
674126000
us-gaap Profit Loss
ProfitLoss
-98736000
us-gaap Profit Loss
ProfitLoss
-120516000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
21590000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
7410000
us-gaap Share Based Compensation
ShareBasedCompensation
43312000
us-gaap Share Based Compensation
ShareBasedCompensation
24173000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-32000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-63000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-496000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2107000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
846000
rklb Non Cash Lease Expense
NonCashLeaseExpense
2312000
rklb Non Cash Lease Expense
NonCashLeaseExpense
1479000
us-gaap Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
-13482000
us-gaap Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
39424000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
200000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
421000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
0
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
1167000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-3707000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
30752000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
10601000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
6960000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-1969000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
17635000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
12226000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
17173000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1871000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-3281000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
0
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-1625000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-4497000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3530000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2769000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
2519000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
1234000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
26404000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
25031000
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
2310000
rklb Increase Decrease In Non Current Lease Liabilities
IncreaseDecreaseInNonCurrentLeaseLiabilities
-1258000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
39000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-3000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-87592000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-49877000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27419000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11447000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
65824000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
179853000
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
240000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-272856000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11447000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4278000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2790000
us-gaap Proceeds From Repayment Of Loans By Employee Stock Ownership Plans
ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans
3149000
us-gaap Proceeds From Repayment Of Loans By Employee Stock Ownership Plans
ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans
0
rklb Proceeds From Sale Of Employees Restricted Stock Units To Cover Taxes
ProceedsFromSaleOfEmployeesRestrictedStockUnitsToCoverTaxes
28587000
rklb Proceeds From Sale Of Employees Restricted Stock Units To Cover Taxes
ProceedsFromSaleOfEmployeesRestrictedStockUnitsToCoverTaxes
0
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-28308000
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
0
rklb Tax Payment For Net Settled Option Shares
TaxPaymentForNetSettledOptionShares
-444000
rklb Tax Payment For Net Settled Option Shares
TaxPaymentForNetSettledOptionShares
0
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
5500000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
193000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0
rklb Proceeds From Long Term Revolving Line Of Credit
ProceedsFromLongTermRevolvingLineOfCredit
0
rklb Proceeds From Long Term Revolving Line Of Credit
ProceedsFromLongTermRevolvingLineOfCredit
-15000000
rklb Proceeds From Long Term Secured Term Loan
ProceedsFromLongTermSecuredTermLoan
0
rklb Proceeds From Long Term Secured Term Loan
ProceedsFromLongTermSecuredTermLoan
-98895000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
15000000
rklb Proceeds From Business Combination And Pipe Investment Net Of Transaction Costs
ProceedsFromBusinessCombinationAndPipeInvestmentNetOfTransactionCosts
0
rklb Proceeds From Business Combination And Pipe Investment Net Of Transaction Costs
ProceedsFromBusinessCombinationAndPipeInvestmentNetOfTransactionCosts
730452000
rklb Repurchase Of Shares And Options From Management
RepurchaseOfSharesAndOptionsFromManagement
0
rklb Repurchase Of Shares And Options From Management
RepurchaseOfSharesAndOptionsFromManagement
30358000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1569000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
801779000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3091000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-599000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-355788000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
739856000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
692075000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
53933000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
336287000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
793789000
us-gaap Interest Paid Net
InterestPaidNet
7594000
us-gaap Interest Paid Net
InterestPaidNet
1922000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2518000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1765000
rklb Unpaid Purchases Of Property Equipment And Software
UnpaidPurchasesOfPropertyEquipmentAndSoftware
2476000
rklb Unpaid Purchases Of Property Equipment And Software
UnpaidPurchasesOfPropertyEquipmentAndSoftware
885000
rklb Unpaid Transaction Costs
UnpaidTransactionCosts
0
rklb Unpaid Transaction Costs
UnpaidTransactionCosts
2241000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6343000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
349000
rklb Net Exercise Of Public And Private Warrants Into Common Stock
NetExerciseOfPublicAndPrivateWarrantsIntoCommonStock
44739000
rklb Net Exercise Of Public And Private Warrants Into Common Stock
NetExerciseOfPublicAndPrivateWarrantsIntoCommonStock
0
rklb Issuance Of Common Stock For Payment Of Accrued Bonus
IssuanceOfCommonStockForPaymentOfAccruedBonus
1441000
rklb Issuance Of Common Stock For Payment Of Accrued Bonus
IssuanceOfCommonStockForPaymentOfAccruedBonus
0
rklb Warrants And Right Outstanding
WarrantsAndRightOutstanding
0
rklb Warrants And Right Outstanding
WarrantsAndRightOutstanding
48149000
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets
0
CY2021Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets
186000
CY2022Q3 us-gaap Shares Outstanding
SharesOutstanding
447919591
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
rklb Stockholders Equity Note Stock Splitexchange Ratio
StockholdersEquityNoteStockSplitexchangeRatio
9.059659
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Use of Estimates</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10.0pt;margin-top:6.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">On an ongoing basis, our management evaluates estimates and assumptions including those related to revenue recognition, contract costs, loss reserves, valuation of warrants and stock-based compensation and deferred tax valuation allowances. We based our estimates on historical data and experience, as well as various other factors that our management believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities. Actual results could differ from these estimates and assumptions.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p>
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
63057000
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5287000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
159234000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
34759000
CY2022Q3 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
57732000
CY2021Q4 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
13957000
CY2022Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
9063000
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2490000
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
112649000
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
59749000
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
90659000
CY2022Q3 rklb Contract With Customer Liability Current Additions1
ContractWithCustomerLiabilityCurrentAdditions1
43704000
CY2022Q3 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
21714000
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
112649000
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
59749000
rklb Contract Liabilities Assumed At Acquisition
ContractLiabilitiesAssumedAtAcquisition
26464000
rklb Contract With Customer Liability Current Additions1
ContractWithCustomerLiabilityCurrentAdditions1
78514000
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
52078000
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
112649000
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
520627000
us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
approximately 42% is expected to be recognized within 12 months, with the remaining 58% to be recognized beyond 12 months
CY2022Q4 rklb Received Payment
ReceivedPayment
14593000
CY2022Q3 rklb Recognized Performance Reserve Payments
RecognizedPerformanceReservePayments
1894000
rklb Recognized Performance Reserve Payments
RecognizedPerformanceReservePayments
5684000
CY2022Q3 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
2000000
CY2022Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
476209000
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
12000
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
867000
CY2022Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
475354000
CY2022Q3 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
296175000
CY2022Q3 us-gaap Marketable Securities
MarketableSecurities
179179000
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
200268000
CY2022Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
867000
CY2022Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
476209000
CY2022Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
475354000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0
CY2022Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
32980000
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
21517000
CY2022Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
48200000
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
24166000
CY2022Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
4958000
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2221000
CY2022Q3 us-gaap Inventory Net
InventoryNet
86138000
CY2021Q4 us-gaap Inventory Net
InventoryNet
47904000
CY2022Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
31095000
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
14787000
CY2022Q3 us-gaap Grants Receivable Current
GrantsReceivableCurrent
5031000
CY2021Q4 us-gaap Grants Receivable Current
GrantsReceivableCurrent
2563000
CY2022Q3 us-gaap Other Assets Current
OtherAssetsCurrent
7684000
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
2104000
CY2022Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
43810000
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
19454000
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
123992000
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
87530000
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
30445000
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
22191000
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
93547000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
65339000
CY2022Q3 us-gaap Depreciation
Depreciation
4247000
CY2021Q3 us-gaap Depreciation
Depreciation
1945000
us-gaap Depreciation
Depreciation
11504000
us-gaap Depreciation
Depreciation
5500000
CY2021Q4 us-gaap Goodwill
Goodwill
43308000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
16296000
us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
325000
CY2022Q3 us-gaap Goodwill
Goodwill
59929000
CY2022Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
98916000
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
15936000
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
82980000
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3453000
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
618000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9679000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1910000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
4004000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
13029000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
11239000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
9277000
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
9059000
CY2022Q3 rklb Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
33772000
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
80380000
CY2021Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
100000000
us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
1000000
rklb Line Of Credit Facility Front End Fee Amount
LineOfCreditFacilityFrontEndFeeAmount
3250000
CY2022Q3 rklb Current Insallments Of Long Term Borrowings
CurrentInsallmentsOfLongTermBorrowings
2886000
CY2021Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
11.50
CY2022Q3 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
2951781
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
126000
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14485000
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21793000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
43312000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
24173000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
0.25
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P4Y
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
19880000
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9642000
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
359000
CY2022Q3 us-gaap Provision For Loss On Contracts
ProvisionForLossOnContracts
5660000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1693000
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1684000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4008000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-979000
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.051
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.019
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.042
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.008
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-34610000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
469768797
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
469768797
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-87969000
us-gaap Net Income Loss
NetIncomeLoss
-98736000
us-gaap Net Income Loss
NetIncomeLoss
-120516000
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
228266647
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
228266647
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
463709955
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
463709955
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129232016
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129232016
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.39
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.93
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.93
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2022Q3 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
0
CY2021Q4 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
0

Files In Submission

Name View Source Status
0000950170-22-023923-index-headers.html Edgar Link pending
0000950170-22-023923-index.html Edgar Link pending
0000950170-22-023923.txt Edgar Link pending
0000950170-22-023923-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
rklb-20220930.htm Edgar Link pending
rklb-20220930.xsd Edgar Link pending
rklb-ex31_1.htm Edgar Link pending
rklb-ex31_2.htm Edgar Link pending
rklb-ex32_1.htm Edgar Link pending
Show.js Edgar Link pending
rklb-20220930_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable
rklb-20220930_cal.xml Edgar Link unprocessable
rklb-20220930_def.xml Edgar Link unprocessable
rklb-20220930_lab.xml Edgar Link unprocessable
rklb-20220930_pre.xml Edgar Link unprocessable