The latest data point for RKLB's Operating ROA metrics in Q4'25 shows ROE at -3.07%, ROA at -2.28%, and ROIC at -1.62%, indicating a continued negative but improved performance compared to the prior quarter's deeper losses. This marks a stabilization after significant volatility, with all metrics remaining in negative territory yet closer to breakeven than earlier periods. Over the period from Q1'23 to Q4'25, ROE, ROA, and ROIC exhibited a predominantly declining trend, starting around -4.6% to -7.1% and worsening to peaks of -13.7% for ROE and -6.3% for ROIC in Q1'25, reflecting operational inefficiencies in the aerospace sector. A notable inflection occurred in Q3'25, where values sharply improved to -0.81% for ROA and -1.48% for ROE, suggesting enhanced asset utilization or cost controls, though the overall trajectory remains negative with no sustained positivity.