RKLB
Rocket Lab USA, Inc.
RKLB has the edge over SLND overall, supported by stronger fundamentals and lower modeled downside.
SLND
Southland Holdings, Inc.
SLND offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
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.
SLND Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Weak | |
| Unavailable |
SLND's revenue, profitability and cash flow are currently 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.
SLND PE Valuation
SLND 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 |
RKLB has the edge over SLND on the outlook, with more favorable revenue expectations.
SLND Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Decline | |
| Improving | |
| Limited | |
| High |
Analysts expect SLND's losses to shrink, with revenue declining.
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 has the edge over SLND on earnings, with more consistent year-over-year improvement.
SLND Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$5.46 | -$3.72 |
| Q2 2026 | -$7.47 | -$5.98 |
| Q1 2026 | -$6.11 | -$3.85 |
| Q4 2025 | -$5.67 | -$3.48 |
| Q3 2025 | -$1.74 | +$0.48 |
| Q2 2025 | -$1.49 | -$0.49 |
| Q1 2025 | -$2.26 | -$1.95 |
| Q4 2024 | -$2.19 | -$1.78 |
SLND lost $5.46 per share over the past year, a bigger loss than the year before.
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 has the edge over SLND on sales, with more consistent year-over-year improvement.
| 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's operating margin was −30% last quarter, up 8.5 points from the same quarter a year ago.
SLND Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $233.8M | +9.6% |
| Q2 2026 | $113.3M | -47% |
| Q1 2026 | $172.4M | -28% |
| Q4 2025 | $104M | -61% |
| Q3 2025 | $213.3M | +23% |
| Q2 2025 | $215.4M | -14% |
| Q1 2025 | $239.5M | -17% |
| Q4 2024 | $267.3M | -15% |
SLND's revenue is recovering but still below its 2021 peak: $234M last quarter, up 9.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3% | +8.3 points |
| Q2 2026 | -78% | -78 points |
| Q1 2026 | -11% | -14 points |
| Q4 2025 | -202% | -199 points |
| Q3 2025 | -5.3% | +34 points |
| Q2 2025 | -0.1% | +22 points |
| Q1 2025 | 2.1% | 0 points |
| Q4 2024 | -3% | -3.4 points |
SLND has the edge over RKLB on profitability, with a higher operating margin.
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.
SLND Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$12.9M | -342% |
| Q2 2026 | -$38.4M | -$31.9M |
| Q1 2026 | -$133.9M | -2990% |
| Q4 2025 | $9.3M | +$20.8M |
| Q3 2025 | $5.3M | +$12.6M |
| Q2 2025 | -$6.5M | -125% |
| Q1 2025 | $4.6M | +$17.7M |
| Q4 2024 | -$11.5M | -150% |
SLND has burned cash in most quarters: −$176M over the past year, against −$8M the year before.
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 | — |
SLND Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +242K shares |
| 1 year | +0.7% | +378K shares |
| 3 years | +14% | +6.6M shares |
| 5 years | +36% | +14.3M shares |
SLND has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2021 | — |
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
SLND Net Leverage
SLND'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).
SLND Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.6 | Neutral |
| Stochastic | 32.3 | Neutral |
SLND's weekly RSI is 39 (neutral) and its Stochastic is 32 (neutral).
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
SLND PE vs Industrials Sector
SLND 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 has the edge over SLND on trend strength, trading above more of its moving averages.
SLND Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.71 | 11% below |
| 20 week MA | $0.68 | 7.4% below |
| 50 week MA | $1.32 | 52% below |
| 100 week MA | $2.54 | 75% below |
| 200 week MA | $4.22 | 85% below |
SLND is in a downtrend: it's below all five of its weekly moving averages, and 85% below its 200-week average.
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 SLND on returns for 2026, with the stronger performance.
SLND Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $9.75 | $9.75 | 0% |
| 2022 | $9.75 | $10.2 | +4.7% |
| 2023 | $10.2 | $5.16 | -49% |
| 2024 | $5.16 | $3.43 | -34% |
| 2025 | $3.43 | $3.43 | 0% |
| 2026 YTD | $3.43 | $0.63 | -82% |
SLND has finished lower in four of the last five years. It's down 82% so far in 2026.