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

PRECISION DRILLING Corp is the larger business by last-quarter revenue ($299.5M vs $179.7M, roughly 1.7× Rocket Lab Corp).

Precision Drilling Corporation is the largest drilling rig contractor in Canada, also providing oil field rental and supplies.

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...

PDS vs RKLB — Head-to-Head

Bigger by revenue
PDS
PDS
1.7× larger
PDS
$299.5M
$179.7M
RKLB

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
PDS
PDS
RKLB
RKLB
Revenue
$299.5M
$179.7M
Net Profit
$-52.9M
Gross Margin
38.0%
Operating Margin
-28.4%
Net Margin
-29.5%
Revenue YoY
35.7%
Net Profit YoY
-1.1%
EPS (diluted)
$-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
PDS
PDS
RKLB
RKLB
Q4 25
$299.5M
$179.7M
Q3 25
$155.1M
Q2 25
$144.5M
Q1 25
$122.6M
Q4 24
$132.4M
Q3 24
$104.8M
Q2 24
$106.3M
Q1 24
$92.8M
Net Profit
PDS
PDS
RKLB
RKLB
Q4 25
$-52.9M
Q3 25
$-18.3M
Q2 25
$-66.4M
Q1 25
$-60.6M
Q4 24
$-52.3M
Q3 24
$-51.9M
Q2 24
$-41.6M
Q1 24
$-44.3M
Gross Margin
PDS
PDS
RKLB
RKLB
Q4 25
38.0%
Q3 25
37.0%
Q2 25
32.1%
Q1 25
28.8%
Q4 24
27.8%
Q3 24
26.7%
Q2 24
25.6%
Q1 24
26.1%
Operating Margin
PDS
PDS
RKLB
RKLB
Q4 25
-28.4%
Q3 25
-38.0%
Q2 25
-41.3%
Q1 25
-48.3%
Q4 24
-38.9%
Q3 24
-49.5%
Q2 24
-40.7%
Q1 24
-46.4%
Net Margin
PDS
PDS
RKLB
RKLB
Q4 25
-29.5%
Q3 25
-11.8%
Q2 25
-46.0%
Q1 25
-49.5%
Q4 24
-39.5%
Q3 24
-49.6%
Q2 24
-39.2%
Q1 24
-47.7%
EPS (diluted)
PDS
PDS
RKLB
RKLB
Q4 25
$-0.09
Q3 25
$-0.03
Q2 25
$-0.13
Q1 25
$-0.12
Q4 24
$-0.11
Q3 24
$-0.10
Q2 24
$-0.08
Q1 24
$-0.09

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PDS
PDS
RKLB
RKLB
Q4 25
$1.0B
Q3 25
$976.7M
Q2 25
$688.1M
Q1 25
$428.4M
Q4 24
$419.0M
Q3 24
$442.4M
Q2 24
$496.8M
Q1 24
$492.5M
Total Debt
PDS
PDS
RKLB
RKLB
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
Q1 24
$66.8M
Stockholders' Equity
PDS
PDS
RKLB
RKLB
Q4 25
$1.7B
Q3 25
$1.3B
Q2 25
$688.5M
Q1 25
$431.3M
Q4 24
$382.5M
Q3 24
$419.8M
Q2 24
$455.2M
Q1 24
$478.9M
Total Assets
PDS
PDS
RKLB
RKLB
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$1.6B
Q1 25
$1.3B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.2B
Debt / Equity
PDS
PDS
RKLB
RKLB
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×
Q1 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
PDS
PDS
RKLB
RKLB
Operating Cash FlowLast quarter
$-64.5M
Free Cash FlowOCF − Capex
$-114.2M
FCF MarginFCF / Revenue
-63.6%
Capex IntensityCapex / Revenue
27.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-321.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PDS
PDS
RKLB
RKLB
Q4 25
$-64.5M
Q3 25
$-23.5M
Q2 25
$-23.2M
Q1 25
$-54.2M
Q4 24
$-2.4M
Q3 24
$-30.9M
Q2 24
$-13.0M
Q1 24
$-2.6M
Free Cash Flow
PDS
PDS
RKLB
RKLB
Q4 25
$-114.2M
Q3 25
$-69.4M
Q2 25
$-55.3M
Q1 25
$-82.9M
Q4 24
$-23.9M
Q3 24
$-41.9M
Q2 24
$-28.3M
Q1 24
$-21.8M
FCF Margin
PDS
PDS
RKLB
RKLB
Q4 25
-63.6%
Q3 25
-44.8%
Q2 25
-38.3%
Q1 25
-67.6%
Q4 24
-18.1%
Q3 24
-40.0%
Q2 24
-26.7%
Q1 24
-23.5%
Capex Intensity
PDS
PDS
RKLB
RKLB
Q4 25
27.6%
Q3 25
29.6%
Q2 25
22.2%
Q1 25
23.4%
Q4 24
16.3%
Q3 24
10.5%
Q2 24
14.4%
Q1 24
20.7%

Financial Flow Comparison

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

Revenue Breakdown by Segment

PDS
PDS

Segment breakdown not available.

RKLB
RKLB

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

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