RKLB
Rocket Lab USA, Inc.
RKLB offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
SKYH
Sky Harbour Group Corporation
SKYH has the edge over RKLB overall, supported by lower modeled downside and stronger fundamentals.
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.
SKYH Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
SKYH's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
SKYH PE Valuation
SKYH has no meaningful PE right now: it lost money over the past year.
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.
SKYH Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect SKYH's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
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.
SKYH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.04 | +$0.33 |
| Q2 2026 | -$0.10 | +$0.95 |
| Q1 2026 | $0.12 | +$1.29 |
| Q4 2025 | $0.09 | +$1.85 |
| Q3 2025 | -$0.37 | +$1.78 |
| Q2 2025 | -$1.05 | +$0.37 |
| Q1 2025 | -$1.17 | +$0.34 |
SKYH has the edge over RKLB on earnings, with more consistent year-over-year improvement.
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 SKYH on profitability, with a higher operating margin.
SKYH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $10.6M | +45% |
| Q2 2026 | $9.9M | +50% |
| Q1 2026 | $8.7M | +56% |
| Q4 2025 | $8.1M | +74% |
| Q3 2025 | $7.3M | +78% |
| Q2 2025 | $6.6M | +82% |
| Q1 2025 | $5.6M | +133% |
| Q4 2024 | $4.6M | +107% |
SKYH has the edge over RKLB on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -59% | +46 points |
| Q2 2026 | -69% | +46 points |
| Q1 2026 | -80% | +42 points |
| Q4 2025 | -74% | +41 points |
| Q3 2025 | -105% | +14 points |
| Q2 2025 | -114% | +23 points |
| Q1 2025 | -122% | +95 points |
| Q4 2024 | -116% | +93 points |
SKYH's operating margin was −59% last quarter, up 46 points from the same quarter a year ago, near the top of its range since 2020.
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.
SKYH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.6M | +$795K |
| Q2 2026 | -$317K | +$3.4M |
| Q1 2026 | -$5.5M | +$3M |
| Q4 2025 | $2.7M | +$6.1M |
| Q3 2025 | -$2.4M | -$576K |
| Q2 2025 | -$3.7M | -$2.3M |
| Q1 2025 | -$8.5M | -$3.8M |
| Q4 2024 | -$3.4M | -$1.8M |
SKYH has the edge over RKLB on cash flow, with more consistent year-over-year improvement.
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 652M diluted shares, up 23% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
SKYH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7.8% | +2.7M shares |
| 1 year | -52% | -40.7M shares |
| 3 years | -35% | -20.1M shares |
SKYH has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2021 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
SKYH Net Leverage
SKYH's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
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).
SKYH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.3 | Neutral |
| Stochastic | 52.7 | Neutral |
SKYH's weekly RSI is 61 (neutral) and its Stochastic is 53 (neutral).
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
SKYH PE vs Industrials Sector
| Metric | SKYH | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
SKYH has no meaningful PE right now: it lost money over the past year.
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.
SKYH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.82 | 13% above |
| 20 week MA | $10.1 | 9.2% above |
| 50 week MA | $9.70 | 14% above |
| 100 week MA | $10.2 | 9% above |
| 200 week MA | $9.44 | 17% above |
SKYH has the edge over RKLB on trend strength, trading above more of its moving averages.
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's yearly returns have swung widely, from +392% in 2024 to −69% in 2022. It's down 9.3% so far in 2026.
SKYH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.2 | $10.6 | +4.2% |
| 2021 | $10.6 | $10.2 | -4.4% |
| 2022 | $10.2 | $2.74 | -73% |
| 2023 | $2.74 | $9.66 | +253% |
| 2024 | $9.66 | $12.1 | +25% |
| 2025 | $12.1 | $9.08 | -25% |
| 2026 YTD | $9.08 | $11.1 | +22% |
SKYH has the edge over RKLB on returns for 2026, with the stronger performance.