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Side-by-side financial comparison of LATTICE SEMICONDUCTOR CORP (LSCC) and Rocket Lab Corp (RKLB). Click either name above to swap in a different company.

Rocket Lab Corp is the larger business by last-quarter revenue ($179.7M vs $145.8M, roughly 1.2× LATTICE SEMICONDUCTOR CORP). LATTICE SEMICONDUCTOR CORP runs the higher net margin — -5.2% vs -29.5%, a 24.2% gap on every dollar of revenue. On growth, Rocket Lab Corp posted the faster year-over-year revenue change (35.7% vs 9.3%). LATTICE SEMICONDUCTOR CORP produced more free cash flow last quarter ($44.0M vs $-114.2M). Over the past eight quarters, Rocket Lab Corp's revenue compounded faster (39.2% CAGR vs 8.4%).

Lattice Semiconductor Corporation is an American semiconductor company specializing in the design and manufacturing of low power field-programmable gate arrays (FPGAs). Headquartered in the Silicon Forest area of Hillsboro, Oregon, the company also has operations in San Jose, Calif., Shanghai, Manila, Penang, and Singapore. Lattice Semiconductor has more than 1000 employees and an annual revenue of more than $660 million as of 2022. The company was founded in 1983 and went public in 1989. It ...

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...

LSCC vs RKLB — Head-to-Head

Bigger by revenue
RKLB
RKLB
1.2× larger
RKLB
$179.7M
$145.8M
LSCC
Growing faster (revenue YoY)
RKLB
RKLB
+26.4% gap
RKLB
35.7%
9.3%
LSCC
Higher net margin
LSCC
LSCC
24.2% more per $
LSCC
-5.2%
-29.5%
RKLB
More free cash flow
LSCC
LSCC
$158.2M more FCF
LSCC
$44.0M
$-114.2M
RKLB
Faster 2-yr revenue CAGR
RKLB
RKLB
Annualised
RKLB
39.2%
8.4%
LSCC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LSCC
LSCC
RKLB
RKLB
Revenue
$145.8M
$179.7M
Net Profit
$-7.6M
$-52.9M
Gross Margin
68.5%
38.0%
Operating Margin
30.7%
-28.4%
Net Margin
-5.2%
-29.5%
Revenue YoY
9.3%
35.7%
Net Profit YoY
14.6%
-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
LSCC
LSCC
RKLB
RKLB
Q1 26
$145.8M
Q4 25
$179.7M
Q3 25
$133.3M
$155.1M
Q2 25
$124.0M
$144.5M
Q1 25
$120.2M
$122.6M
Q4 24
$117.4M
$132.4M
Q3 24
$127.1M
$104.8M
Q2 24
$124.1M
$106.3M
Net Profit
LSCC
LSCC
RKLB
RKLB
Q1 26
$-7.6M
Q4 25
$-52.9M
Q3 25
$2.8M
$-18.3M
Q2 25
$2.9M
$-66.4M
Q1 25
$5.0M
$-60.6M
Q4 24
$16.5M
$-52.3M
Q3 24
$7.2M
$-51.9M
Q2 24
$22.6M
$-41.6M
Gross Margin
LSCC
LSCC
RKLB
RKLB
Q1 26
68.5%
Q4 25
38.0%
Q3 25
67.9%
37.0%
Q2 25
68.4%
32.1%
Q1 25
68.0%
28.8%
Q4 24
61.1%
27.8%
Q3 24
69.0%
26.7%
Q2 24
68.3%
25.6%
Operating Margin
LSCC
LSCC
RKLB
RKLB
Q1 26
0.7%
Q4 25
-28.4%
Q3 25
-1.2%
-38.0%
Q2 25
3.8%
-41.3%
Q1 25
5.8%
-48.3%
Q4 24
-10.4%
-38.9%
Q3 24
5.9%
-49.5%
Q2 24
18.2%
-40.7%
Net Margin
LSCC
LSCC
RKLB
RKLB
Q1 26
-5.2%
Q4 25
-29.5%
Q3 25
2.1%
-11.8%
Q2 25
2.3%
-46.0%
Q1 25
4.2%
-49.5%
Q4 24
14.1%
-39.5%
Q3 24
5.7%
-49.6%
Q2 24
18.2%
-39.2%
EPS (diluted)
LSCC
LSCC
RKLB
RKLB
Q1 26
$-0.06
Q4 25
$-0.09
Q3 25
$0.02
$-0.03
Q2 25
$0.02
$-0.13
Q1 25
$0.04
$-0.12
Q4 24
$0.12
$-0.11
Q3 24
$0.05
$-0.10
Q2 24
$0.16
$-0.08

Balance Sheet & Financial Strength

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

Metric
LSCC
LSCC
RKLB
RKLB
Cash + ST InvestmentsLiquidity on hand
$133.9M
$1.0B
Total DebtLower is stronger
$152.4M
Stockholders' EquityBook value
$714.1M
$1.7B
Total Assets
$2.3B
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSCC
LSCC
RKLB
RKLB
Q1 26
$133.9M
Q4 25
$1.0B
Q3 25
$117.9M
$976.7M
Q2 25
$107.2M
$688.1M
Q1 25
$127.6M
$428.4M
Q4 24
$136.3M
$419.0M
Q3 24
$124.3M
$442.4M
Q2 24
$109.2M
$496.8M
Total Debt
LSCC
LSCC
RKLB
RKLB
Q1 26
Q4 25
$152.4M
Q3 25
$347.0M
Q2 25
$346.5M
Q1 25
$345.9M
Q4 24
$345.4M
Q3 24
$61.2M
Q2 24
$64.2M
Stockholders' Equity
LSCC
LSCC
RKLB
RKLB
Q1 26
$714.1M
Q4 25
$1.7B
Q3 25
$706.4M
$1.3B
Q2 25
$687.0M
$688.5M
Q1 25
$707.9M
$431.3M
Q4 24
$710.9M
$382.5M
Q3 24
$703.5M
$419.8M
Q2 24
$698.8M
$455.2M
Total Assets
LSCC
LSCC
RKLB
RKLB
Q1 26
$883.1M
Q4 25
$2.3B
Q3 25
$844.4M
$2.2B
Q2 25
$808.6M
$1.6B
Q1 25
$823.6M
$1.3B
Q4 24
$843.9M
$1.2B
Q3 24
$853.7M
$1.2B
Q2 24
$827.5M
$1.2B
Debt / Equity
LSCC
LSCC
RKLB
RKLB
Q1 26
Q4 25
0.09×
Q3 25
0.27×
Q2 25
0.50×
Q1 25
0.80×
Q4 24
0.90×
Q3 24
0.15×
Q2 24
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
LSCC
LSCC
RKLB
RKLB
Operating Cash FlowLast quarter
$57.6M
$-64.5M
Free Cash FlowOCF − Capex
$44.0M
$-114.2M
FCF MarginFCF / Revenue
30.2%
-63.6%
Capex IntensityCapex / Revenue
27.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$153.3M
$-321.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSCC
LSCC
RKLB
RKLB
Q1 26
$57.6M
Q4 25
$-64.5M
Q3 25
$47.1M
$-23.5M
Q2 25
$38.5M
$-23.2M
Q1 25
$31.9M
$-54.2M
Q4 24
$45.4M
$-2.4M
Q3 24
$44.0M
$-30.9M
Q2 24
$21.9M
$-13.0M
Free Cash Flow
LSCC
LSCC
RKLB
RKLB
Q1 26
$44.0M
Q4 25
$-114.2M
Q3 25
$34.0M
$-69.4M
Q2 25
$31.3M
$-55.3M
Q1 25
$23.3M
$-82.9M
Q4 24
$39.7M
$-23.9M
Q3 24
$39.4M
$-41.9M
Q2 24
$14.8M
$-28.3M
FCF Margin
LSCC
LSCC
RKLB
RKLB
Q1 26
30.2%
Q4 25
-63.6%
Q3 25
25.5%
-44.8%
Q2 25
25.2%
-38.3%
Q1 25
19.4%
-67.6%
Q4 24
33.8%
-18.1%
Q3 24
31.0%
-40.0%
Q2 24
11.9%
-26.7%
Capex Intensity
LSCC
LSCC
RKLB
RKLB
Q1 26
9.3%
Q4 25
27.6%
Q3 25
9.8%
29.6%
Q2 25
5.8%
22.2%
Q1 25
7.2%
23.4%
Q4 24
4.9%
16.3%
Q3 24
3.7%
10.5%
Q2 24
5.8%
14.4%
Cash Conversion
LSCC
LSCC
RKLB
RKLB
Q1 26
Q4 25
Q3 25
16.86×
Q2 25
13.23×
Q1 25
6.35×
Q4 24
2.75×
Q3 24
6.12×
Q2 24
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LSCC
LSCC

Segment breakdown not available.

RKLB
RKLB

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

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