vs

Side-by-side financial comparison of Ecovyst Inc. (ECVT) and Rocket Lab Corp (RKLB). Click either name above to swap in a different company.

Ecovyst Inc. is the larger business by last-quarter revenue ($199.4M vs $179.7M, roughly 1.1× Rocket Lab Corp). On growth, Rocket Lab Corp posted the faster year-over-year revenue change (35.7% vs 34.0%). Ecovyst Inc. produced more free cash flow last quarter ($22.9M vs $-114.2M). Over the past eight quarters, Rocket Lab Corp's revenue compounded faster (39.2% CAGR vs 18.7%).

Ecovyst Inc. is a global sustainable specialty materials provider that develops and manufactures high-performance catalysts and functional additives. Its offerings serve key segments including industrial manufacturing, consumer goods, and environmental protection, helping clients improve operational efficiency and lower carbon emissions across North America, Europe, and Asia-Pacific markets.

Rocket Lab Corporation is a publicly traded aerospace manufacturer and launch service provider. Its Electron orbital rocket launches small satellites and has successfully completed over 75 missions as of January 2026, making it the most prolific small-lift launch vehicle in operation globally. A suborbital variant of Electron, called HASTE, was developed as a testbed to advance hypersonic technology development, while the next-generation reusable Neutron medium-lift launch vehicle is in devel...

ECVT vs RKLB — Head-to-Head

Bigger by revenue
ECVT
ECVT
1.1× larger
ECVT
$199.4M
$179.7M
RKLB
Growing faster (revenue YoY)
RKLB
RKLB
+1.7% gap
RKLB
35.7%
34.0%
ECVT
More free cash flow
ECVT
ECVT
$137.1M more FCF
ECVT
$22.9M
$-114.2M
RKLB
Faster 2-yr revenue CAGR
RKLB
RKLB
Annualised
RKLB
39.2%
18.7%
ECVT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ECVT
ECVT
RKLB
RKLB
Revenue
$199.4M
$179.7M
Net Profit
$-52.9M
Gross Margin
23.4%
38.0%
Operating Margin
10.9%
-28.4%
Net Margin
-29.5%
Revenue YoY
34.0%
35.7%
Net Profit YoY
-1.1%
EPS (diluted)
$0.06
$-0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ECVT
ECVT
RKLB
RKLB
Q4 25
$199.4M
$179.7M
Q3 25
$204.9M
$155.1M
Q2 25
$176.1M
$144.5M
Q1 25
$143.1M
$122.6M
Q4 24
$148.9M
$132.4M
Q3 24
$153.9M
$104.8M
Q2 24
$154.0M
$106.3M
Q1 24
$141.6M
$92.8M
Net Profit
ECVT
ECVT
RKLB
RKLB
Q4 25
$-52.9M
Q3 25
$-79.3M
$-18.3M
Q2 25
$6.0M
$-66.4M
Q1 25
$-3.6M
$-60.6M
Q4 24
$-52.3M
Q3 24
$14.3M
$-51.9M
Q2 24
$8.3M
$-41.6M
Q1 24
$1.2M
$-44.3M
Gross Margin
ECVT
ECVT
RKLB
RKLB
Q4 25
23.4%
38.0%
Q3 25
25.4%
37.0%
Q2 25
22.8%
32.1%
Q1 25
13.3%
28.8%
Q4 24
28.9%
27.8%
Q3 24
29.3%
26.7%
Q2 24
27.3%
25.6%
Q1 24
23.5%
26.1%
Operating Margin
ECVT
ECVT
RKLB
RKLB
Q4 25
10.9%
-28.4%
Q3 25
13.8%
-38.0%
Q2 25
9.0%
-41.3%
Q1 25
-0.7%
-48.3%
Q4 24
15.1%
-38.9%
Q3 24
17.9%
-49.5%
Q2 24
14.1%
-40.7%
Q1 24
9.5%
-46.4%
Net Margin
ECVT
ECVT
RKLB
RKLB
Q4 25
-29.5%
Q3 25
-38.7%
-11.8%
Q2 25
3.4%
-46.0%
Q1 25
-2.5%
-49.5%
Q4 24
-39.5%
Q3 24
9.3%
-49.6%
Q2 24
5.4%
-39.2%
Q1 24
0.9%
-47.7%
EPS (diluted)
ECVT
ECVT
RKLB
RKLB
Q4 25
$0.06
$-0.09
Q3 25
$-0.69
$-0.03
Q2 25
$0.05
$-0.13
Q1 25
$-0.03
$-0.12
Q4 24
$-0.26
$-0.11
Q3 24
$0.12
$-0.10
Q2 24
$0.07
$-0.08
Q1 24
$0.01
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ECVT
ECVT
RKLB
RKLB
Cash + ST InvestmentsLiquidity on hand
$197.2M
$1.0B
Total DebtLower is stronger
$392.6M
$152.4M
Stockholders' EquityBook value
$603.4M
$1.7B
Total Assets
$1.3B
$2.3B
Debt / EquityLower = less leverage
0.65×
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECVT
ECVT
RKLB
RKLB
Q4 25
$197.2M
$1.0B
Q3 25
$82.0M
$976.7M
Q2 25
$69.6M
$688.1M
Q1 25
$127.5M
$428.4M
Q4 24
$131.4M
$419.0M
Q3 24
$123.5M
$442.4M
Q2 24
$83.3M
$496.8M
Q1 24
$103.1M
$492.5M
Total Debt
ECVT
ECVT
RKLB
RKLB
Q4 25
$392.6M
$152.4M
Q3 25
$854.8M
$347.0M
Q2 25
$856.6M
$346.5M
Q1 25
$859.0M
$345.9M
Q4 24
$860.8M
$345.4M
Q3 24
$862.7M
$61.2M
Q2 24
$862.4M
$64.2M
Q1 24
$866.2M
$66.8M
Stockholders' Equity
ECVT
ECVT
RKLB
RKLB
Q4 25
$603.4M
$1.7B
Q3 25
$607.9M
$1.3B
Q2 25
$692.4M
$688.5M
Q1 25
$698.7M
$431.3M
Q4 24
$700.5M
$382.5M
Q3 24
$729.4M
$419.8M
Q2 24
$717.3M
$455.2M
Q1 24
$711.4M
$478.9M
Total Assets
ECVT
ECVT
RKLB
RKLB
Q4 25
$1.3B
$2.3B
Q3 25
$1.7B
$2.2B
Q2 25
$1.8B
$1.6B
Q1 25
$1.8B
$1.3B
Q4 24
$1.8B
$1.2B
Q3 24
$1.8B
$1.2B
Q2 24
$1.8B
$1.2B
Q1 24
$1.8B
$1.2B
Debt / Equity
ECVT
ECVT
RKLB
RKLB
Q4 25
0.65×
0.09×
Q3 25
1.41×
0.27×
Q2 25
1.24×
0.50×
Q1 25
1.23×
0.80×
Q4 24
1.23×
0.90×
Q3 24
1.18×
0.15×
Q2 24
1.20×
0.14×
Q1 24
1.22×
0.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ECVT
ECVT
RKLB
RKLB
Operating Cash FlowLast quarter
$41.8M
$-64.5M
Free Cash FlowOCF − Capex
$22.9M
$-114.2M
FCF MarginFCF / Revenue
11.5%
-63.6%
Capex IntensityCapex / Revenue
9.4%
27.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$69.9M
$-321.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECVT
ECVT
RKLB
RKLB
Q4 25
$41.8M
$-64.5M
Q3 25
$55.3M
$-23.5M
Q2 25
$33.0M
$-23.2M
Q1 25
$10.3M
$-54.2M
Q4 24
$43.5M
$-2.4M
Q3 24
$59.9M
$-30.9M
Q2 24
$10.0M
$-13.0M
Q1 24
$36.5M
$-2.6M
Free Cash Flow
ECVT
ECVT
RKLB
RKLB
Q4 25
$22.9M
$-114.2M
Q3 25
$53.2M
$-69.4M
Q2 25
$7.8M
$-55.3M
Q1 25
$-14.0M
$-82.9M
Q4 24
$30.9M
$-23.9M
Q3 24
$53.6M
$-41.9M
Q2 24
$-9.3M
$-28.3M
Q1 24
$19.1M
$-21.8M
FCF Margin
ECVT
ECVT
RKLB
RKLB
Q4 25
11.5%
-63.6%
Q3 25
26.0%
-44.8%
Q2 25
4.4%
-38.3%
Q1 25
-9.8%
-67.6%
Q4 24
20.7%
-18.1%
Q3 24
34.9%
-40.0%
Q2 24
-6.1%
-26.7%
Q1 24
13.5%
-23.5%
Capex Intensity
ECVT
ECVT
RKLB
RKLB
Q4 25
9.4%
27.6%
Q3 25
1.0%
29.6%
Q2 25
14.4%
22.2%
Q1 25
16.9%
23.4%
Q4 24
8.5%
16.3%
Q3 24
4.1%
10.5%
Q2 24
12.5%
14.4%
Q1 24
12.3%
20.7%
Cash Conversion
ECVT
ECVT
RKLB
RKLB
Q4 25
Q3 25
Q2 25
5.52×
Q1 25
Q4 24
Q3 24
4.21×
Q2 24
1.20×
Q1 24
29.90×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ECVT
ECVT

Industrial Mining Automotive$101.3M51%
Regeneration And Treatment Services$90.0M45%
Other$8.1M4%

RKLB
RKLB

Products$94.0M52%
Transferred Over Time$87.3M49%

Related Comparisons