FBYD
Falcon's Beyond Global, Inc. Class A Common Stock
FBYD offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
RKLB
Rocket Lab USA, Inc.
RKLB has the edge over FBYD overall on the model score.
FBYD Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Weak |
FBYD's revenue is currently healthy, but its profitability, cash flow and balance sheet are under pressure.
RKLB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
RKLB's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
FBYD PE Valuation
FBYD has no meaningful PE right now: it lost money over the past year.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
FBYD Forward outlook
There aren't enough analyst estimates for FBYD to show an outlook.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
FBYD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q1 2024 | -$4.88 | -$2.96 |
| Q4 2023 | -$7.38 | -$6.58 |
| Q3 2023 | -$2.03 | -$1.35 |
| Q2 2023 | -$2.85 | -$2.56 |
| Q1 2023 | -$1.92 | -$1.82 |
| Q4 2022 | -$0.80 | -$0.80 |
FBYD has the stronger earnings trend. Trailing diluted EPS is down 101% for FBYD versus RKLB down 192%.
RKLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.36 | +$0.03 |
| Q2 2026 | -$0.27 | +$0.19 |
| Q1 2026 | -$0.32 | +$0.09 |
| Q4 2025 | -$0.37 | +$0.01 |
| Q3 2025 | -$0.39 | -$0.02 |
| Q2 2025 | -$0.46 | -$0.11 |
| Q1 2025 | -$0.41 | -$0.04 |
| Q4 2024 | -$0.38 | $0.00 |
RKLB is still losing money, but less than at its worst: $0.36 per share over the past year, against $0.46 at its worst in mid-2025.
FBYD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.3M | +80% |
| Q2 2026 | $5.6M | +120% |
| Q1 2026 | $5.4M | +215% |
| Q4 2025 | $6.6M | +383% |
| Q3 2025 | $4.1M | +96% |
| Q2 2025 | $2.5M | +42% |
| Q1 2025 | $1.7M | +13% |
| Q3 2024 | $2.1M | +31% |
FBYD's revenue is recovering but still below its 2023 peak: $7M last quarter, up 80% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -46% | +45 points |
| Q2 2026 | -4.7% | +48 points |
| Q1 2026 | 121% | +492 points |
| Q4 2025 | -31% | +305 points |
| Q3 2025 | -91% | +28 points |
| Q2 2025 | -53% | +143 points |
| Q1 2025 | -371% | -21 points |
| Q4 2024 | -336% | N/A |
FBYD's operating margin was −46% last quarter, up 45 points from the same quarter a year ago.
RKLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.8M | +73% |
| Q2 2026 | $234.1M | +62% |
| Q1 2026 | $200.3M | +63% |
| Q4 2025 | $179.7M | +36% |
| Q3 2025 | $155.1M | +48% |
| Q2 2025 | $144.5M | +36% |
| Q1 2025 | $122.6M | +32% |
| Q4 2024 | $132.4M | +121% |
RKLB's revenue has grown year over year every quarter since late 2021: $268M last quarter, up 73% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | +8.5 points |
| Q2 2026 | -25% | +17 points |
| Q1 2026 | -28% | +20 points |
| Q4 2025 | -28% | +11 points |
| Q3 2025 | -38% | +12 points |
| Q2 2025 | -41% | -0.5 points |
| Q1 2025 | -48% | -1.9 points |
| Q4 2024 | -39% | +41 points |
RKLB has the edge over FBYD on profitability, with a higher operating margin.
FBYD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.4M | +$15.8M |
| Q2 2026 | $2.4M | +$10.3M |
| Q1 2026 | -$2.8M | -424% |
| Q4 2025 | -$4.3M | -$547K |
| Q3 2025 | -$13.4M | -$11M |
| Q2 2025 | -$7.9M | -$5.3M |
| Q1 2025 | $853K | +$4.6M |
| Q3 2024 | -$2.4M | +$1.5M |
FBYD has burned cash in almost every quarter: −$2M over the past year, against −$24M the year before.
RKLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$23.9M | +$45.5M |
| Q2 2026 | -$110.1M | -$54.8M |
| Q1 2026 | -$77.4M | +$5.5M |
| Q4 2025 | -$114.2M | -$90.2M |
| Q3 2025 | -$69.4M | -$27.5M |
| Q2 2025 | -$55.3M | -$26.9M |
| Q1 2025 | -$82.9M | -$61.1M |
| Q4 2024 | -$23.9M | +$28.7M |
RKLB has burned cash in almost every quarter: −$326M over the past year, against −$232M the year before.
FBYD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +73.1K shares |
| 1 year | +32% | +11.9M shares |
| 3 years | +519% | +41.4M shares |
| 5 years | +78% | +21.6M shares |
FBYD has 49M diluted shares, up 32% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
RKLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +22.6M shares |
| 1 year | +23% | +124M shares |
| 3 years | +35% | +168M shares |
| 5 years | +46% | +204M shares |
RKLB has the edge over FBYD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
FBYD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 10.4x | High |
| Q2 2026 | 12.4x | High |
FBYD's net debt is about 10 years of its operating earnings (EBITDA).
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
FBYD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.2 | Neutral |
| Stochastic | 11.2 | Oversold |
FBYD's weekly RSI is 37 (neutral) and its Stochastic is 11 (oversold).
RKLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 27.6 | Neutral |
RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).
FBYD PE vs Industrials Sector
| Metric | FBYD | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
FBYD has no meaningful PE right now: it lost money over the past year.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
FBYD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $7.56 | 26% below |
| 20 week MA | $9.38 | 40% below |
| 50 week MA | $10.7 | 48% below |
| 100 week MA | $9.54 | 41% below |
RKLB has stronger trend alignment. FBYD is above 0 of 4 weekly averages versus RKLB above 3 of 5.
RKLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.4 | 4.3% above |
| 20 week MA | $68.1 | 5.9% below |
| 50 week MA | $77.6 | 17% below |
| 100 week MA | $56.5 | 13% above |
| 200 week MA | $31.4 | 104% above |
RKLB's trend is mixed: it's above three of its five weekly moving averages, and 104% above its 200-week average.
FBYD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2023 | $14.5 | $10.3 | -29% |
| 2024 | $10.3 | $8.10 | -21% |
| 2025 | $8.10 | $17.0 | +109% |
| 2026 YTD | $17.0 | $5.59 | -67% |
FBYD has finished lower in two of the last three years. It's down 67% so far in 2026.
RKLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.82 | $10.3 | +4.9% |
| 2021 | $10.3 | $12.0 | +17% |
| 2022 | $12.0 | $3.77 | -69% |
| 2023 | $3.77 | $5.53 | +47% |
| 2024 | $5.53 | $27.2 | +392% |
| 2025 | $27.2 | $70.7 | +160% |
| 2026 YTD | $70.7 | $64.1 | -9.3% |
RKLB has the edge over FBYD on returns for 2026, with the stronger performance.