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Side-by-side financial comparison of QUHUO Ltd (QH) 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 $157.9M, roughly 1.1× QUHUO Ltd).

QUHUO Ltd. operates an on-demand lifestyle service platform focused on the Chinese mainland market. Its core offerings include gig workforce solutions, community group-buy services, and local life service matching for merchants and individual users, covering household services, catering operation support, and community retail segments to effectively connect service providers with end consumers.

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...

QH vs RKLB — Head-to-Head

Bigger by revenue
RKLB
RKLB
1.1× larger
RKLB
$179.7M
$157.9M
QH

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
QH
QH
RKLB
RKLB
Revenue
$157.9M
$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
QH
QH
RKLB
RKLB
Q4 25
$179.7M
Q3 25
$155.1M
Q2 25
$157.9M
$144.5M
Q1 25
$122.6M
Q4 24
$132.4M
Q3 24
$104.8M
Q2 24
$222.9M
$106.3M
Q1 24
$92.8M
Net Profit
QH
QH
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
$-6.4M
$-41.6M
Q1 24
$-44.3M
Gross Margin
QH
QH
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
1.5%
25.6%
Q1 24
26.1%
Operating Margin
QH
QH
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
-2.7%
-40.7%
Q1 24
-46.4%
Net Margin
QH
QH
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
-2.9%
-39.2%
Q1 24
-47.7%
EPS (diluted)
QH
QH
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
QH
QH
RKLB
RKLB
Cash + ST InvestmentsLiquidity on hand
$4.3M
$1.0B
Total DebtLower is stronger
$858.0K
$152.4M
Stockholders' EquityBook value
$57.4M
$1.7B
Total Assets
$118.4M
$2.3B
Debt / EquityLower = less leverage
0.01×
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QH
QH
RKLB
RKLB
Q4 25
$1.0B
Q3 25
$976.7M
Q2 25
$4.3M
$688.1M
Q1 25
$428.4M
Q4 24
$419.0M
Q3 24
$442.4M
Q2 24
$14.3M
$496.8M
Q1 24
$492.5M
Total Debt
QH
QH
RKLB
RKLB
Q4 25
$152.4M
Q3 25
$347.0M
Q2 25
$858.0K
$346.5M
Q1 25
$345.9M
Q4 24
$345.4M
Q3 24
$61.2M
Q2 24
$1.2M
$64.2M
Q1 24
$66.8M
Stockholders' Equity
QH
QH
RKLB
RKLB
Q4 25
$1.7B
Q3 25
$1.3B
Q2 25
$57.4M
$688.5M
Q1 25
$431.3M
Q4 24
$382.5M
Q3 24
$419.8M
Q2 24
$64.6M
$455.2M
Q1 24
$478.9M
Total Assets
QH
QH
RKLB
RKLB
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$118.4M
$1.6B
Q1 25
$1.3B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$135.0M
$1.2B
Q1 24
$1.2B
Debt / Equity
QH
QH
RKLB
RKLB
Q4 25
0.09×
Q3 25
0.27×
Q2 25
0.01×
0.50×
Q1 25
0.80×
Q4 24
0.90×
Q3 24
0.15×
Q2 24
0.02×
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
QH
QH
RKLB
RKLB
Operating Cash FlowLast quarter
$-5.8M
$-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
QH
QH
RKLB
RKLB
Q4 25
$-64.5M
Q3 25
$-23.5M
Q2 25
$-5.8M
$-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
QH
QH
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
QH
QH
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
QH
QH
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

QH
QH

Segment breakdown not available.

RKLB
RKLB

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

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