Rocket Lab USA Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-198.2M | $-190.2M | $-182.6M | $-135.9M | $-117.3M | $-55.0M |
| Depreciation & Amortization | $43.9M | $33.7M | $29.7M | $29.9M | $10.9M | $9.3M |
| Depreciation | $25.4M | $19.8M | $15.4M | $16.2M | $7.5M | $6.5M |
| Amortization | $18.0M | $12.1M | $13.1M | $13.2M | $3.3M | $2.2M |
| Stock-Based Compensation | $71.1M | $56.8M | $53.5M | $55.6M | $32.6M | $4.2M |
| Net Cash from Operating Activities | $-165.5M | $-48.9M | $-98.9M | $-106.5M | $-71.8M | $-27.8M |
| Investing Activities | ||||||
| Capital Expenditures | $156.3M | $67.1M | $54.7M | $42.4M | $25.7M | $25.1M |
| Business Acquisitions | $132.4M | $0 | $19.0M | $65.8M | $66.4M | $12.2M |
| Net Cash from Investing Activities | $-347.4M | $-98.3M | $12.0M | $-346.1M | $-92.1M | $-37.3M |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $1.07B | $256.7M | $7.4M | $2.0M | $799.9M | $21.5M |
| Net Change in Cash | $558.2M | $108.9M | $-79.4M | $-446.2M | $638.1M | $-43.8M |
| Free Cash Flow | $-321.8M | $-116.0M | $-153.6M | $-149.0M | $-97.5M | $-52.9M |