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.
TOPP
Toppoint Holdings Inc.
There isn't enough reported data to score TOPP 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.
TOPP Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Strong |
TOPP's revenue and balance sheet are currently healthy, but its profitability and cash flow are weak.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
TOPP PE Valuation
TOPP 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.
TOPP Forward outlook
There aren't enough analyst estimates for TOPP to show an outlook.
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 TOPP on earnings, with more consistent year-over-year improvement.
TOPP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.33 | -$0.21 |
| Q1 2026 | -$0.41 | -$0.38 |
| Q4 2025 | -$0.41 | -4200% |
| Q3 2025 | -$0.35 | -1850% |
| Q2 2025 | -$0.12 | -500% |
| Q1 2025 | -$0.03 | -250% |
| Q4 2024 | $0.01 | -75% |
TOPP lost $0.33 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 TOPP 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.
TOPP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.6M | +17% |
| Q1 2026 | $4.1M | +7.7% |
| Q4 2025 | $4.3M | +10% |
| Q3 2025 | $4.5M | +20% |
| Q2 2025 | $4M | -16% |
| Q1 2025 | $3.8M | +2.1% |
| Q4 2024 | $3.9M | +4.5% |
| Q3 2024 | $3.7M | -17% |
TOPP's revenue is recovering but still below its 2023 peak: $5M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -7.3% | +33 points |
| Q1 2026 | -17% | -6.7 points |
| Q4 2025 | -27% | -12 points |
| Q3 2025 | -94% | -82 points |
| Q2 2025 | -40% | -44 points |
| Q1 2025 | -11% | -15 points |
| Q4 2024 | -15% | -19 points |
| Q3 2024 | -12% | -21 points |
TOPP 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 |
TOPP has the stronger cash trend. Its trailing FCF is down 42% versus its history, compared with RKLB at down 85%.
TOPP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | $460.6K | +$1.4M |
| Q3 2025 | -$445K | +$199.8K |
| Q2 2025 | -$575.5K | -$349.4K |
| Q1 2025 | -$1.6M | -10152% |
| Q4 2024 | -$950.5K | -1203% |
| Q3 2024 | -$644.8K | -373% |
| Q2 2024 | -$226.1K | +$139.5K |
| Q1 2024 | $15.7K | -99% |
TOPP has burned cash in six of the last eight quarters: −$2M over the past year, against −$2M 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 | — |
TOPP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +6.4% | +1.3M shares |
| 1 year | +20% | +3.5M shares |
| 3 years | +40% | +6M shares |
TOPP has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
TOPP Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2025 | -16.3x | Net Cash |
| Q4 2024 | 1.8x | Healthy |
| Q3 2024 | 0.0x | Very low |
| Q2 2024 | -0.3x | Net Cash |
| Q1 2024 | -0.6x | Net Cash |
| Q4 2023 | -0.5x | Net Cash |
TOPP has more cash than debt.
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).
TOPP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.1 | Neutral |
| Stochastic | 4.6 | Oversold |
TOPP's weekly RSI is 35 (neutral) and its Stochastic is 5 (oversold).
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
TOPP PE vs Industrials Sector
TOPP 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 TOPP above 0 of 3.
TOPP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.13 | 15% below |
| 20 week MA | $0.31 | 65% below |
| 50 week MA | $0.71 | 85% below |
TOPP is in a downtrend: it's below all three of its weekly moving averages, and 85% below its 50-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 TOPP on returns for 2026, with the stronger performance.
TOPP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $3.05 | $0.89 | -71% |
| 2026 YTD | $0.89 | $0.11 | -88% |
TOPP has finished every year since 2025 lower, and it's down 88% so far in 2026.