RKLB
Rocket Lab USA, Inc.
RKLB lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink, though they disagree widely on how much.
SRFM
Surf Air Mobility Inc.
There isn't enough reported data to score SRFM yet.
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.
SRFM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Under pressure | |
| Unavailable |
SRFM'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.
SRFM PE Valuation
SRFM 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.
SRFM Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| Moderate |
Analysts expect SRFM's losses to shrink, with revenue growing.
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.
SRFM Earnings Per Share
SRFM and RKLB do not have enough comparable growth data to identify a winner.
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 SRFM 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 has the edge over SRFM on profitability, with a higher operating margin.
SRFM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $36.5M | +25% |
| Q2 2026 | $29.5M | +7.6% |
| Q1 2026 | $25.6M | +9% |
| Q4 2025 | $26.4M | -5.7% |
| Q3 2025 | $29.2M | +2.8% |
| Q2 2025 | $27.4M | -15% |
| Q1 2025 | $23.5M | -23% |
| Q4 2024 | $28M | +4.5% |
SRFM's revenue is recovering but still below its 2022 peak: $36M last quarter, up 25% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -44% | +13 points |
| Q2 2026 | -64% | -5.6 points |
| Q1 2026 | -52% | +27 points |
| Q4 2025 | -98% | -127 points |
| Q3 2025 | -57% | -26 points |
| Q2 2025 | -58% | +20 points |
| Q1 2025 | -79% | +34 points |
| Q4 2024 | 29% | +433 points |
SRFM's operating margin was −44% last quarter, up 13 points from the same quarter a year ago.
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.
SRFM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$21.8M | -$727K |
| Q2 2026 | -$8M | +$3.8M |
| Q1 2026 | -$15M | +$2.1M |
| Q4 2025 | -$20.1M | +$12.6M |
| Q3 2025 | -$21.1M | -$7.5M |
| Q2 2025 | -$11.9M | -$5.5M |
| Q1 2025 | -$17.1M | -$3.6M |
| Q4 2024 | -$32.7M | -$17.4M |
SRFM has burned cash in almost every quarter: −$65M over the past year, against −$83M 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 the edge over SRFM on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
SRFM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +27% | +26.9M shares |
| 1 year | +499% | +104M shares |
| 3 years | +1155% | +115M shares |
SRFM has 125M diluted shares, up 499% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
SRFM Net Leverage
SRFM'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).
SRFM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 25.3 | Neutral |
SRFM's weekly RSI is 38 (neutral) and its Stochastic is 25 (neutral).
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
SRFM PE vs Industrials Sector
SRFM 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 stronger trend alignment. RKLB is above 3 of 5 weekly averages versus SRFM above 0 of 4.
SRFM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.84 | 31% below |
| 20 week MA | $0.79 | 27% below |
| 50 week MA | $1.32 | 56% below |
| 100 week MA | $2.56 | 77% below |
SRFM is in a downtrend: it's below all four of its weekly moving averages, and 77% below its 100-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 SRFM on returns for 2026, with the stronger performance.
SRFM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2023 | $17.9 | $10.9 | -39% |
| 2024 | $10.9 | $5.61 | -48% |
| 2025 | $5.61 | $2.03 | -64% |
| 2026 YTD | $2.03 | $0.58 | -71% |
SRFM has finished every year since 2023 lower, and it's down 71% so far in 2026.