RKLB
Rocket Lab USA, Inc.
RKLB offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
VSTS
Vestis Corporation
VSTS has the edge over RKLB overall, supported by lower modeled downside.
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.
VSTS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Weak |
VSTS's revenue, profitability and cash flow are currently stable, but its balance sheet is weak.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
VSTS PE Valuation
VSTS 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 VSTS on the outlook, with more favorable revenue expectations.
VSTS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect VSTS's earnings to grow and its profitability to improve, with its revenue holding steady. 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 has the edge over VSTS on earnings, with more consistent year-over-year improvement.
VSTS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.77 | — |
| Q2 2026 | -$0.05 | +$0.18 |
| Q1 2026 | -$0.14 | +$0.04 |
| Q4 2025 | -$0.37 | -563% |
| Q3 2025 | -$0.31 | -294% |
| Q2 2025 | -$0.23 | -126% |
| Q2 2024 | $0.90 | +291% |
VSTS lost $0.05 per share over the past year, a smaller 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 VSTS 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.
VSTS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $661.7M | -1.8% |
| Q1 2026 | $659.4M | -0.9% |
| Q4 2025 | $663.4M | -3% |
| Q3 2025 | $712M | +4.1% |
| Q2 2025 | $673.8M | -3.5% |
| Q1 2025 | $665.2M | -5.7% |
| Q4 2024 | $683.8M | -4.8% |
| Q3 2024 | $684.3M | -4.4% |
VSTS's revenue has held roughly level: $662M last quarter, down 1.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 5.6% | +1.9 points |
| Q1 2026 | 4.1% | +5.3 points |
| Q4 2025 | 2.5% | -2 points |
| Q3 2025 | 2.5% | -1.9 points |
| Q2 2025 | 3.7% | -1.7 points |
| Q1 2025 | -1.3% | -7.4 points |
| Q4 2024 | 4.5% | -2.2 points |
| Q3 2024 | 4.3% | -4.1 points |
VSTS 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.
VSTS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $47M | +487% |
| Q1 2026 | $45.6M | +$52.4M |
| Q4 2025 | $28.3M | +$39.3M |
| Q3 2025 | $15.6M | -94% |
| Q2 2025 | $8M | -71% |
| Q1 2025 | -$6.9M | -111% |
| Q4 2024 | -$11M | -132% |
| Q3 2024 | $267.5M | +205% |
VSTS has the edge over RKLB on cash generation, producing positive trailing cash flow while its opponent burns cash.
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 | — |
VSTS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1% | +1.3M shares |
| 1 year | +1.9% | +2.5M shares |
| 3 years | +2.7% | +3.5M shares |
VSTS has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| 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.
VSTS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 4.4x | High |
| Q1 2026 | 4.7x | High |
| Q4 2025 | 5.8x | High |
| Q3 2025 | 5.4x | High |
| Q2 2025 | 5.2x | High |
| Q1 2025 | 4.9x | High |
| Q4 2024 | 3.9x | Elevated |
| Q3 2024 | 3.7x | Elevated |
VSTS's net debt is about 4.4 years of its operating earnings (EBITDA), down from 5.2 years a year ago.
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).
VSTS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.3 | Neutral |
| Stochastic | 66.5 | Neutral |
VSTS's weekly RSI is 58 (neutral) and its Stochastic is 67 (neutral).
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
VSTS PE vs Industrials Sector
| Metric | VSTS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
VSTS 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 |
VSTS has stronger trend alignment. RKLB is above 3 of 5 weekly averages versus VSTS above 3 of 4.
VSTS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $14.2 | 0.1% below |
| 20 week MA | $14.1 | 0.7% above |
| 50 week MA | $11.0 | 29% above |
| 100 week MA | $9.58 | 48% above |
VSTS's trend is up, with a small recent dip: it's below only its 8-week average, and 48% above 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's yearly returns have swung widely, from +392% in 2024 to −69% in 2022. It's down 9.3% so far in 2026.
VSTS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2023 | $19.3 | $21.1 | +9.5% |
| 2024 | $21.1 | $15.4 | -27% |
| 2025 | $15.4 | $6.55 | -57% |
| 2026 YTD | $6.55 | $14.2 | +117% |
VSTS has the edge over RKLB on returns for 2026, with the stronger performance.