RKLB
Rocket Lab USA, Inc.
RKLB has the edge over TUSK overall, supported by stronger fundamentals and stronger modeled upside.
TUSK
Mammoth Energy Services, Inc.
TUSK trails on the overall score without a compensating advantage in the available component scores.
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.
TUSK Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| Weak | |
| Strong |
TUSK's profitability and balance sheet are currently healthy, but its revenue and cash flow are under pressure.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
TUSK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.9x | $2.30 | -30% |
| Current | 11x | $3.26 | — |
| Fair | 14x | $4.08 | +25% |
| Expensive | 28x | $8.11 | +149% |
Historical ranges are pointers, not guarantees.
TUSK's PE is in its cheap range at 11x.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RKLB has the edge over TUSK on the outlook, with more favorable earnings and profitability expectations.
TUSK Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect TUSK's losses to grow, 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.
TUSK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.29 | +$0.69 |
| Q2 2026 | $0.02 | +$0.66 |
| Q1 2026 | $0.21 | +$4.28 |
| Q4 2025 | $0.09 | +$4.40 |
| Q3 2025 | -$0.40 | +$3.73 |
| Q2 2025 | -$0.64 | +$3.01 |
| Q1 2025 | -$4.07 | -$3.58 |
| Q4 2024 | -$4.31 | -$4.24 |
TUSK has the edge over RKLB on earnings quality, reporting a profit while its opponent remains loss making.
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 TUSK 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.
TUSK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $21.3M | +44% |
| Q2 2026 | $26.1M | +59% |
| Q1 2026 | $22M | -65% |
| Q3 2025 | $14.8M | -63% |
| Q2 2025 | $16.4M | -68% |
| Q1 2025 | $62.5M | +45% |
| Q4 2024 | $53.2M | +0.8% |
| Q3 2024 | $40M | -38% |
TUSK's revenue is recovering but still below its 2023 peak: $21M last quarter, up 44% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -2% | +59 points |
| Q2 2026 | 10% | +232 points |
| Q1 2026 | -3.9% | -4.8 points |
| Q3 2025 | -61% | -30 points |
| Q2 2025 | -222% | -38 points |
| Q1 2025 | 0.8% | +29 points |
| Q4 2024 | -18% | -4.6 points |
| Q3 2024 | -31% | -18 points |
TUSK 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 the edge over TUSK on cash flow, with more consistent year-over-year improvement.
TUSK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$41.8M | -$25.2M |
| Q2 2026 | -$51M | -$18.3M |
| Q1 2026 | -$14.7M | -$10.2M |
| Q4 2025 | -$35.4M | -127% |
| Q3 2025 | -$16.6M | -$13.4M |
| Q2 2025 | -$32.6M | -$20.9M |
| Q1 2025 | -$4.5M | -110% |
| Q4 2024 | $130.5M | +5562% |
TUSK has burned cash in most quarters: −$143M over the past year, against $77M 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 | — |
TUSK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -36K shares |
| 1 year | -0.5% | -230K shares |
| 3 years | +0.4% | +186K shares |
| 5 years | +3.1% | +1.4M shares |
| Available history | +6.9% | +3.1M shares |
TUSK has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $130,000 |
| Q1 2026 | $404,000 |
| Q4 2025 | — |
TUSK spent $534,000 buying back its own shares over the past year.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
TUSK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.4x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2024 | 35.8x | High |
| Q4 2023 | 1.1x | Healthy |
| Q3 2023 | 1.6x | Healthy |
| Q2 2023 | 0.9x | Very low |
| Q1 2023 | 1.2x | Healthy |
| Q4 2022 | 1.6x | Healthy |
TUSK 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).
TUSK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.8 | Neutral |
| Stochastic | 63.9 | Neutral |
TUSK's weekly RSI is 58 (neutral) and its Stochastic is 64 (neutral).
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
TUSK PE vs Industrials Sector
| Metric | TUSK | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 24x | 53% below |
| PE % | 32 | 58 | 26 pts below |
TUSK is trading at 11x earnings, a 53% discount to the Industrials sector's median of 24x.
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.
TUSK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.94 | 11% above |
| 20 week MA | $2.99 | 9% above |
| 50 week MA | $2.69 | 21% above |
| 100 week MA | $2.59 | 26% above |
| 200 week MA | $3.39 | 3.8% below |
TUSK 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.
TUSK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.20 | $4.61 | +110% |
| 2021 | $4.61 | $1.91 | -59% |
| 2022 | $1.91 | $7.48 | +292% |
| 2023 | $7.48 | $4.46 | -40% |
| 2024 | $4.46 | $2.71 | -39% |
| 2025 | $2.71 | $1.88 | -31% |
| 2026 YTD | $1.88 | $3.26 | +73% |
TUSK has the edge over RKLB on returns for 2026, with the stronger performance.