2023 Q4 Form 10-Q Financial Statement

#000095017023061189 Filed on November 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $59.99M $67.66M
YoY Change 15.9% 7.3%
Cost Of Revenue $44.50M $52.69M
YoY Change -10.88% -3.47%
Gross Profit $15.49M $14.97M
YoY Change 746.56% 76.77%
Gross Profit Margin 25.82% 22.12%
Selling, General & Admin $23.77M $27.20M
YoY Change 8.12% 18.46%
% of Gross Profit 153.4% 181.73%
Research & Development $35.79M $26.63M
YoY Change 148.9% 52.08%
% of Gross Profit 231.0% 177.9%
Depreciation & Amortization $8.167M $4.082M
YoY Change -2.27% -3.89%
% of Gross Profit 52.72% 27.27%
Operating Expenses $63.37M $53.83M
YoY Change 62.28% 33.01%
Operating Profit -$47.88M -$38.86M
YoY Change 28.64% 21.43%
Interest Expense -$1.799M -$1.413M
YoY Change 30.36% -4.91%
% of Operating Profit
Other Income/Expense, Net $196.0K -$357.0K
YoY Change -49.09% -60.98%
Pretax Income -$49.49M -$39.22M
YoY Change 29.48% 19.14%
Income Tax $1.011M $1.352M
% Of Pretax Income
Net Earnings -$50.50M -$40.57M
YoY Change 35.72% 17.21%
Net Earnings / Revenue -84.17% -59.96%
Basic Earnings Per Share -$0.08
Diluted Earnings Per Share -$0.10 -$0.08
COMMON SHARES
Basic Shares Outstanding 485.9M 483.3M
Diluted Shares Outstanding 484.0M

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $324.0M $370.4M
YoY Change -32.63% -27.73%
Cash & Equivalents $162.5M $140.9M
Short-Term Investments $161.5M $229.5M
Other Short-Term Assets $5.245M $5.025M
YoY Change -31.28% -34.6%
Inventory $107.9M $102.4M
Prepaid Expenses $48.03M $46.96M
Receivables $35.18M $22.79M
Other Receivables $13.67M $12.70M
Total Short-Term Assets $476.7M $506.2M
YoY Change -28.02% -27.62%
LONG-TERM ASSETS
Property, Plant & Equipment $145.4M $136.0M
YoY Change 43.24% 45.37%
Goodwill $71.02M $71.02M
YoY Change 0.0% 18.51%
Intangibles $68.09M $70.40M
YoY Change -14.55% -15.16%
Long-Term Investments $79.25M $82.00M
YoY Change 762.04% 740.94%
Other Assets $18.91M $17.98M
YoY Change 158.99% 1121.13%
Total Long-Term Assets $464.5M $444.3M
YoY Change 42.12% 47.15%
TOTAL ASSETS
Total Short-Term Assets $476.7M $506.2M
Total Long-Term Assets $464.5M $444.3M
Total Assets $941.2M $950.5M
YoY Change -4.84% -5.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $29.30M $24.98M
YoY Change 142.49% 88.3%
Accrued Expenses $5.590M $5.998M
YoY Change -35.92% -37.43%
Deferred Revenue $139.3M $133.8M
YoY Change 28.61% 18.77%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $17.76M $105.1M
YoY Change 511.29% 3542.27%
Total Short-Term Liabilities $223.4M $303.8M
YoY Change 37.09% 88.27%
LONG-TERM LIABILITIES
Long-Term Debt $87.59M $0.00
YoY Change -12.45% -100.0%
Other Long-Term Liabilities $3.944M $3.638M
YoY Change 31.25% 41.23%
Total Long-Term Liabilities $91.53M $3.638M
YoY Change -11.18% -96.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $223.4M $303.8M
Total Long-Term Liabilities $91.53M $3.638M
Total Liabilities $386.7M $364.7M
YoY Change 22.4% 17.44%
SHAREHOLDERS EQUITY
Retained Earnings -$623.5M -$573.0M
YoY Change 41.4% 41.93%
Common Stock $49.00K $49.00K
YoY Change 2.08% 4.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $554.5M $585.8M
YoY Change
Total Liabilities & Shareholders Equity $941.2M $950.5M
YoY Change -4.84% -5.08%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$50.50M -$40.57M
YoY Change 35.72% 17.21%
Depreciation, Depletion And Amortization $8.167M $4.082M
YoY Change -2.27% -3.89%
Cash From Operating Activities -$42.22M -$25.20M
YoY Change 122.83% 9.58%
INVESTING ACTIVITIES
Capital Expenditures $10.41M $21.04M
YoY Change -30.54% -352.01%
Acquisitions
YoY Change
Other Investing Activities $71.59M -$10.92M
YoY Change -222.93% -93.95%
Cash From Investing Activities $61.17M -$31.96M
YoY Change -183.54% -83.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.506M 860.0K
YoY Change 430.93% -59.72%
NET CHANGE
Cash From Operating Activities -42.22M -25.20M
Cash From Investing Activities 61.17M -31.96M
Cash From Financing Activities 2.506M 860.0K
Net Change In Cash 21.46M -56.30M
YoY Change -123.4% -73.14%
FREE CASH FLOW
Cash From Operating Activities -$42.22M -$25.20M
Capital Expenditures $10.41M $21.04M
Free Cash Flow -$52.63M -$46.24M
YoY Change 55.08% 215.67%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Amendment Flag
AmendmentFlag
false
dei Entity Central Index Key
EntityCentralIndexKey
0001819994
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
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
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
485886993
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
140904000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
242515000
CY2023Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
147513000
CY2022Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
229276000
CY2023Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
22787000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
36572000
CY2023Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
13042000
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
9451000
CY2023Q3 us-gaap Inventory Net
InventoryNet
102394000
CY2022Q4 us-gaap Inventory Net
InventoryNet
92279000
CY2023Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
68341000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
52201000
CY2023Q3 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
11259000
CY2022Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
0
CY2023Q3 us-gaap Assets Current
AssetsCurrent
506240000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
662294000
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
135988000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
101514000
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
70404000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
79692000
CY2023Q3 us-gaap Goodwill
Goodwill
71020000
CY2022Q4 us-gaap Goodwill
Goodwill
71020000
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
44900000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
35239000
CY2023Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
15145000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
15614000
CY2023Q3 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
81951000
CY2022Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
9193000
CY2023Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
3588000
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
3356000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1136000
CY2023Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
3282000
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
3898000
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
17975000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
7303000
CY2023Q3 us-gaap Assets
Assets
950493000
CY2022Q4 us-gaap Assets
Assets
989123000
CY2023Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
24980000
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
12084000
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5998000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8723000
CY2023Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
14979000
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8634000
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
133793000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
108344000
CY2023Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
105116000
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2906000
CY2023Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
18885000
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
22249000
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
303751000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
162940000
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
0
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
100043000
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
41695000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
34266000
CY2023Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
15299000
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
15568000
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
308000
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
95000
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3638000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3005000
CY2023Q3 us-gaap Liabilities
Liabilities
364691000
CY2022Q4 us-gaap Liabilities
Liabilities
315917000
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2500000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2500000000
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
485857768
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
485857768
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
475356517
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
475356517
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
49000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
48000
CY2023Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1161165000
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1112977000
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-573029000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-440955000
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2383000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
585802000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
673206000
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
950493000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
989123000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
67661000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
63057000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
184601000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
159234000
CY2023Q3 us-gaap Cost Of Revenue
CostOfRevenue
52694000
CY2022Q3 us-gaap Cost Of Revenue
CostOfRevenue
54590000
us-gaap Cost Of Revenue
CostOfRevenue
148684000
us-gaap Cost Of Revenue
CostOfRevenue
142074000
CY2023Q3 us-gaap Gross Profit
GrossProfit
14967000
CY2022Q3 us-gaap Gross Profit
GrossProfit
8467000
us-gaap Gross Profit
GrossProfit
35917000
us-gaap Gross Profit
GrossProfit
17160000
CY2023Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
26626000
CY2022Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
17508000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
81566000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
50150000
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
27200000
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
22961000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
84386000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
64991000
CY2023Q3 us-gaap Operating Expenses
OperatingExpenses
53826000
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
40469000
us-gaap Operating Expenses
OperatingExpenses
165952000
us-gaap Operating Expenses
OperatingExpenses
115141000
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-38859000
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-32002000
us-gaap Operating Income Loss
OperatingIncomeLoss
-130035000
us-gaap Operating Income Loss
OperatingIncomeLoss
-97981000
CY2023Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-1413000
CY2022Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-1486000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-2843000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-6907000
CY2023Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-120000
CY2022Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-51000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-76000
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3947000
CY2023Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0
CY2022Q3 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-13482000
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1176000
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
622000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3519000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
625000
CY2023Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-357000
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-915000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
600000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3253000
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-39216000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-32917000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-129435000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-94728000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1352000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1693000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2639000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4008000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-40568000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-34610000
us-gaap Net Income Loss
NetIncomeLoss
-132074000
us-gaap Net Income Loss
NetIncomeLoss
-98736000
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-736000
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4655000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3190000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4809000
CY2023Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
117000
CY2022Q3 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
-329000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-855000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-41187000
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-40120000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-135593000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-104400000
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
484034071
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
484034071
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
469768797
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
469768797
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
480018578
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
480018578
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
463709955
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
463709955
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
673206000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-45617000
CY2023Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
771000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
12228000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-570000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
640018000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-45889000
CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
3561000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
15688000
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2330000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
611048000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-40568000
CY2023Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
486000
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
13368000
CY2023Q3 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
2087000
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-619000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
585802000
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
us-gaap Profit Loss
ProfitLoss
-132074000
us-gaap Profit Loss
ProfitLoss
-98736000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
21577000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
21590000
us-gaap Share Based Compensation
ShareBasedCompensation
43398000
us-gaap Share Based Compensation
ShareBasedCompensation
43312000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-240000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-32000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2166000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2107000
rklb Non Cash Lease Expense
NonCashLeaseExpense
4062000
rklb Non Cash Lease Expense
NonCashLeaseExpense
2312000
us-gaap Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
0
us-gaap Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
-13482000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1138000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
200000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
3399000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
421000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
644000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
1167000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-13798000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
30752000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
3592000
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
6960000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
10933000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
17635000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
15819000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
17173000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
10712000
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-3281000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
12026000
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-1625000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-2187000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3530000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
5285000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
2519000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
25450000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
26404000
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-4632000
us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
2310000
rklb Increase Decrease In Non Current Lease Liabilities
IncreaseDecreaseInNonCurrentLeaseLiabilities
-3316000
rklb Increase Decrease In Non Current Lease Liabilities
IncreaseDecreaseInNonCurrentLeaseLiabilities
-2551000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
230000
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
39000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-56650000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-87592000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
44293000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27419000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
16934000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
65824000
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
207266000
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
179853000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
219340000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
240000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-49153000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-272856000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2293000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4278000
us-gaap Proceeds From Repayment Of Loans By Employee Stock Ownership Plans
ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans
3780000
us-gaap Proceeds From Repayment Of Loans By Employee Stock Ownership Plans
ProceedsFromRepaymentOfLoansByEmployeeStockOwnershipPlans
3149000
rklb Proceeds From Sale Of Employees Restricted Stock Units To Cover Taxes
ProceedsFromSaleOfEmployeesRestrictedStockUnitsToCoverTaxes
12390000
rklb Proceeds From Sale Of Employees Restricted Stock Units To Cover Taxes
ProceedsFromSaleOfEmployeesRestrictedStockUnitsToCoverTaxes
28587000
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
12352000
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
28308000
rklb Tax Payment For Net Settled Option Shares
TaxPaymentForNetSettledOptionShares
0
rklb Tax Payment For Net Settled Option Shares
TaxPaymentForNetSettledOptionShares
-444000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
1000000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
5500000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
248000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
193000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4863000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1569000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-439000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3091000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-101379000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-355788000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
245871000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
692075000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
144492000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
336287000
us-gaap Interest Paid Net
InterestPaidNet
10741000
us-gaap Interest Paid Net
InterestPaidNet
7594000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
574000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2518000
rklb Unpaid Purchases Of Property Equipment And Software
UnpaidPurchasesOfPropertyEquipmentAndSoftware
2207000
rklb Unpaid Purchases Of Property Equipment And Software
UnpaidPurchasesOfPropertyEquipmentAndSoftware
2476000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
979000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6343000
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
2087000
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0
rklb Net Exercise Of Public And Private Warrants Into Common Stock
NetExerciseOfPublicAndPrivateWarrantsIntoCommonStock
0
rklb Net Exercise Of Public And Private Warrants Into Common Stock
NetExerciseOfPublicAndPrivateWarrantsIntoCommonStock
44739000
rklb Issuance Of Common Stock For Payment Of Accrued Bonus
IssuanceOfCommonStockForPaymentOfAccruedBonus
0
rklb Issuance Of Common Stock For Payment Of Accrued Bonus
IssuanceOfCommonStockForPaymentOfAccruedBonus
1441000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
159234000
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;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:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;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:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p>
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
67661000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
63057000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
184601000
CY2023Q3 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
22787000
CY2022Q4 us-gaap Contract With Customer Receivable After Allowance For Credit Loss
ContractWithCustomerReceivableAfterAllowanceForCreditLoss
36572000
CY2023Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
13042000
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
9451000
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
133793000
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
108344000
CY2023Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
134574000
CY2023Q3 rklb Contract With Customer Liability Current Additions1
ContractWithCustomerLiabilityCurrentAdditions1
40128000
CY2023Q3 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
40909000
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
133793000
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
108344000
rklb Contract With Customer Liability Current Additions1
ContractWithCustomerLiabilityCurrentAdditions1
108711000
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
83262000
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
133793000
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
582442000
us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
approximately 57% is expected to be recognized within 12 months, with the remaining 43% to be recognized beyond 12 months
CY2023Q3 rklb Customer Financing Interest Income
CustomerFinancingInterestIncome
87000
rklb Customer Financing Interest Income
CustomerFinancingInterestIncome
87000
CY2023Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets
3536000
CY2023Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
319774000
CY2023Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
21000
CY2023Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1122000
CY2023Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
318673000
CY2023Q3 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
89209000
CY2023Q3 us-gaap Marketable Securities
MarketableSecurities
229464000
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
184790000
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1083000
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
5907000
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
39000
CY2023Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
190697000
CY2023Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
1122000
CY2023Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
319774000
CY2023Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
318673000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityTransfersNet
0
CY2023Q3 us-gaap Grants Receivable Current
GrantsReceivableCurrent
12626000
CY2022Q4 us-gaap Grants Receivable Current
GrantsReceivableCurrent
1443000
CY2023Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
3733000
CY2022Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
0
CY2023Q3 us-gaap Other Assets Current
OtherAssetsCurrent
5025000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
7632000
CY2023Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
47534000
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
33376000
CY2023Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
43992000
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
50661000
CY2023Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
10868000
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
8242000
CY2023Q3 us-gaap Inventory Net
InventoryNet
102394000
CY2022Q4 us-gaap Inventory Net
InventoryNet
92279000
CY2023Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
46957000
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
43126000
CY2023Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
68341000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
52201000
CY2023Q3 rklb Assets Held For Sale
AssetsHeldForSale
11259000
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
180066000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
137903000
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
44078000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
36389000
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
135988000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
101514000
CY2023Q3 us-gaap Depreciation
Depreciation
4082000
CY2022Q3 us-gaap Depreciation
Depreciation
4247000
us-gaap Depreciation
Depreciation
10997000
us-gaap Depreciation
Depreciation
11504000
CY2023Q3 us-gaap Goodwill
Goodwill
71020000
CY2022Q4 us-gaap Goodwill
Goodwill
71020000
CY2023Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
99823000
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
29419000
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
70404000
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
99482000
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
19790000
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
79692000
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3250000
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3453000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9809000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9679000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
3456000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
11315000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
9379000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
9221000
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
8249000
CY2023Q3 rklb Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
26484000
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
68104000
CY2021Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
100000
us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
1000
rklb Line Of Credit Facility Front End Fee Amount
LineOfCreditFacilityFrontEndFeeAmount
3250
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14098000
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14485000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
43398000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
43312000
CY2023Q3 us-gaap Provision For Loss On Contracts
ProvisionForLossOnContracts
4066000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1352000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1693000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2639000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4008000
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.034
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.051
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.02
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.042
rklb Uncertain Tax Positions
UncertainTaxPositions
3149000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-40568000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-34610000
us-gaap Net Income Loss
NetIncomeLoss
-132074000
us-gaap Net Income Loss
NetIncomeLoss
-98736000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
484034071
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
484034071
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
469768797
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
469768797
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
480018578
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
480018578
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
463709955
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
463709955
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
0
CY2022 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
0
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
rklb-20230930_cal.xml Edgar Link unprocessable
0000950170-23-061189-index-headers.html Edgar Link pending
0000950170-23-061189-index.html Edgar Link pending
0000950170-23-061189.txt Edgar Link pending
0000950170-23-061189-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
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
rklb-20230930.htm Edgar Link pending
rklb-20230930.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-20230930_def.xml Edgar Link unprocessable
rklb-20230930_lab.xml Edgar Link unprocessable
rklb-20230930_pre.xml Edgar Link unprocessable
rklb-20230930_htm.xml Edgar Link completed