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RKLB Operating ROA

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As of Q4'25, RKLB's latest Operating ROA stands at -2.28%, with ROE at -3.07% and ROIC at -1.87%. These figures, while still negative, show a notable improvement compared to previous quarters, especially when contrasted with the deeper lows observed in late 2024 and early 2025. From Q1'23 to Q4'25, the chart reveals a persistent negative trend across all three profitability metrics, though there is evidence of gradual recovery toward the end of the period. After reaching their most negative values in Q1'25 (ROA at -4.83%, ROE at -14.05%, and ROIC at -6.30%), all metrics demonstrate a sharp rebound in Q3'25 and Q4'25. This suggests that while RKLB has faced ongoing profitability challenges, recent quarters indicate a potential turnaround or stabilization in operational performance.