Rocket Lab (XSWX:RKLB) Total Operating Expense: CHF405.5 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:RKLB Rocket Lab Corp XSWX:RKLB
46 GF Score
Price CHF63.77
GF Value CHF29.90
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Rocket Lab Total Operating Expense?

Rocket Lab XSWX:RKLB -4.64% 46 Total Operating Expense is CHF405.5 Mil as of Jun. 2026. GuruFocus rates XSWX:RKLB with a GF Score™ of 46/100 and a GF Value™ of CHF29.90 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Rocket Lab's Total Operating Expense for the three months ended in Jun. 2026 was CHF113.6 Mil. Rocket Lab's Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 was CHF405.5 Mil.

Rocket Lab Total Operating Expense Related Terms

Rocket Lab Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Rocket Lab's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rocket Lab Total Operating Expense Chart

Rocket Lab Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial 92.25 143.65 198.32 272.79 347.46

Rocket Lab Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 86.22 92.57 95.05 104.29 113.57
XSWX:RKLB
46GF Score
Rocket Lab Corp XSWX:RKLB
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rocket Lab Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF405.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of CHF405.5 Mil mean?
Rocket Lab (XSWX:RKLB) has a Total Operating Expense of CHF405.5 Mil as of Jun. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Rocket Lab and its competitors.
Is Rocket Lab's Total Operating Expense too high?
Rocket Lab's current Total Operating Expense is CHF405.5 Mil. Overall, Rocket Lab has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rocket Lab's Total Operating Expense compare to AXON and HEI.A?
Rocket Lab's Total Operating Expense of CHF405.5 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Aerospace & Defense company?
A good Total Operating Expense depends on the Aerospace & Defense industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Rocket Lab and its competitors. Rocket Lab's current Total Operating Expense is CHF405.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rocket Lab stock overvalued right now?
Based on GuruFocus' analysis, Rocket Lab (XSWX:RKLB) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF29.90, compared to a current price of CHF63.77 — trading 113.3% above its estimated fair value. The current Total Operating Expense is CHF405.5 Mil. Rocket Lab's overall GF Score™ is 46/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Rocket Lab (XSWX:RKLB), the current Total Operating Expense is CHF405.5 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rocket Lab (XSWX:RKLB) Overvalued in 2026?

Based on GuruFocus' analysis, Rocket Lab stock appears to be overvalued. The current stock price of CHF63.77 is trading 113.3% above its estimated GF Value™ of CHF29.90. GuruFocus considers Rocket Lab to be Significantly Overvalued.

Key valuation signals for XSWX:RKLB:

  • Total Operating Expense: CHF405.5 Mil
  • GF Value™: CHF29.90 vs. price of CHF63.77 (113.3% above fair value)
  • GF Score™: 46/100 with 2 warning signs

No single metric tells the full story. See the XSWX:RKLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Rocket Lab Business Description

Address 3881 McGowen Street, Long Beach, CA, USA, 90808
Rocket Lab Corp is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defense, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered multiple satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments Launch Services and Space Systems. Geographically it serves Japan, and rest of the world and earns key revenue from the United States.
46GF Score

Get the complete analysis for XSWX:RKLB

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF63.77
Price
CHF29.90
GF Value