vs

Side-by-side financial comparison of Rocket Lab Corp (RKLB) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.

WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $179.7M, roughly 1.9× Rocket Lab Corp). WYNDHAM HOTELS & RESORTS, INC. runs the higher net margin — -18.0% vs -29.5%, a 11.5% gap on every dollar of revenue. On growth, Rocket Lab Corp posted the faster year-over-year revenue change (35.7% vs -76.3%). WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M vs $-114.2M). Over the past eight quarters, Rocket Lab Corp's revenue compounded faster (39.2% CAGR vs -4.6%).

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...

Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.

RKLB vs WH — Head-to-Head

Bigger by revenue
WH
WH
1.9× larger
WH
$334.0M
$179.7M
RKLB
Growing faster (revenue YoY)
RKLB
RKLB
+112.0% gap
RKLB
35.7%
-76.3%
WH
Higher net margin
WH
WH
11.5% more per $
WH
-18.0%
-29.5%
RKLB
More free cash flow
WH
WH
$282.2M more FCF
WH
$168.0M
$-114.2M
RKLB
Faster 2-yr revenue CAGR
RKLB
RKLB
Annualised
RKLB
39.2%
-4.6%
WH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
RKLB
RKLB
WH
WH
Revenue
$179.7M
$334.0M
Net Profit
$-52.9M
$-60.0M
Gross Margin
38.0%
Operating Margin
-28.4%
Net Margin
-29.5%
-18.0%
Revenue YoY
35.7%
-76.3%
Net Profit YoY
-1.1%
-170.6%
EPS (diluted)
$-0.09
$-0.80

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
RKLB
RKLB
WH
WH
Q1 26
$334.0M
Q4 25
$179.7M
$334.0M
Q3 25
$155.1M
$382.0M
Q2 25
$144.5M
$397.0M
Q1 25
$122.6M
$316.0M
Q4 24
$132.4M
$336.0M
Q3 24
$104.8M
$396.0M
Q2 24
$106.3M
$367.0M
Net Profit
RKLB
RKLB
WH
WH
Q1 26
$-60.0M
Q4 25
$-52.9M
$-60.0M
Q3 25
$-18.3M
$105.0M
Q2 25
$-66.4M
$87.0M
Q1 25
$-60.6M
$61.0M
Q4 24
$-52.3M
$85.0M
Q3 24
$-51.9M
$102.0M
Q2 24
$-41.6M
$86.0M
Gross Margin
RKLB
RKLB
WH
WH
Q1 26
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%
Operating Margin
RKLB
RKLB
WH
WH
Q1 26
Q4 25
-28.4%
-11.4%
Q3 25
-38.0%
46.6%
Q2 25
-41.3%
37.8%
Q1 25
-48.3%
35.4%
Q4 24
-38.9%
38.4%
Q3 24
-49.5%
43.2%
Q2 24
-40.7%
39.5%
Net Margin
RKLB
RKLB
WH
WH
Q1 26
-18.0%
Q4 25
-29.5%
-18.0%
Q3 25
-11.8%
27.5%
Q2 25
-46.0%
21.9%
Q1 25
-49.5%
19.3%
Q4 24
-39.5%
25.3%
Q3 24
-49.6%
25.8%
Q2 24
-39.2%
23.4%
EPS (diluted)
RKLB
RKLB
WH
WH
Q1 26
$-0.80
Q4 25
$-0.09
$-0.77
Q3 25
$-0.03
$1.36
Q2 25
$-0.13
$1.13
Q1 25
$-0.12
$0.78
Q4 24
$-0.11
$1.06
Q3 24
$-0.10
$1.29
Q2 24
$-0.08
$1.07

Balance Sheet & Financial Strength

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

Metric
RKLB
RKLB
WH
WH
Cash + ST InvestmentsLiquidity on hand
$1.0B
$64.0M
Total DebtLower is stronger
$152.4M
Stockholders' EquityBook value
$1.7B
$468.0M
Total Assets
$2.3B
$4.2B
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RKLB
RKLB
WH
WH
Q1 26
$64.0M
Q4 25
$1.0B
$64.0M
Q3 25
$976.7M
$70.0M
Q2 25
$688.1M
$50.0M
Q1 25
$428.4M
$48.0M
Q4 24
$419.0M
$103.0M
Q3 24
$442.4M
$72.0M
Q2 24
$496.8M
$70.0M
Total Debt
RKLB
RKLB
WH
WH
Q1 26
Q4 25
$152.4M
$2.5B
Q3 25
$347.0M
$2.6B
Q2 25
$346.5M
$2.5B
Q1 25
$345.9M
$2.5B
Q4 24
$345.4M
$2.4B
Q3 24
$61.2M
$2.4B
Q2 24
$64.2M
$2.4B
Stockholders' Equity
RKLB
RKLB
WH
WH
Q1 26
$468.0M
Q4 25
$1.7B
$468.0M
Q3 25
$1.3B
$583.0M
Q2 25
$688.5M
$570.0M
Q1 25
$431.3M
$579.0M
Q4 24
$382.5M
$650.0M
Q3 24
$419.8M
$583.0M
Q2 24
$455.2M
$623.0M
Total Assets
RKLB
RKLB
WH
WH
Q1 26
$4.2B
Q4 25
$2.3B
$4.2B
Q3 25
$2.2B
$4.3B
Q2 25
$1.6B
$4.3B
Q1 25
$1.3B
$4.2B
Q4 24
$1.2B
$4.2B
Q3 24
$1.2B
$4.2B
Q2 24
$1.2B
$4.2B
Debt / Equity
RKLB
RKLB
WH
WH
Q1 26
Q4 25
0.09×
5.37×
Q3 25
0.27×
4.43×
Q2 25
0.50×
4.44×
Q1 25
0.80×
4.29×
Q4 24
0.90×
3.72×
Q3 24
0.15×
4.19×
Q2 24
0.14×
3.83×

Cash Flow & Capital Efficiency

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

Metric
RKLB
RKLB
WH
WH
Operating Cash FlowLast quarter
$-64.5M
$367.0M
Free Cash FlowOCF − Capex
$-114.2M
$168.0M
FCF MarginFCF / Revenue
-63.6%
50.3%
Capex IntensityCapex / Revenue
27.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-321.8M
$437.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RKLB
RKLB
WH
WH
Q1 26
$367.0M
Q4 25
$-64.5M
$152.0M
Q3 25
$-23.5M
$86.0M
Q2 25
$-23.2M
$70.0M
Q1 25
$-54.2M
$59.0M
Q4 24
$-2.4M
$134.0M
Q3 24
$-30.9M
$79.0M
Q2 24
$-13.0M
$1.0M
Free Cash Flow
RKLB
RKLB
WH
WH
Q1 26
$168.0M
Q4 25
$-114.2M
$136.0M
Q3 25
$-69.4M
$75.0M
Q2 25
$-55.3M
$58.0M
Q1 25
$-82.9M
$52.0M
Q4 24
$-23.9M
$109.0M
Q3 24
$-41.9M
$71.0M
Q2 24
$-28.3M
$-6.0M
FCF Margin
RKLB
RKLB
WH
WH
Q1 26
50.3%
Q4 25
-63.6%
40.7%
Q3 25
-44.8%
19.6%
Q2 25
-38.3%
14.6%
Q1 25
-67.6%
16.5%
Q4 24
-18.1%
32.4%
Q3 24
-40.0%
17.9%
Q2 24
-26.7%
-1.6%
Capex Intensity
RKLB
RKLB
WH
WH
Q1 26
Q4 25
27.6%
4.8%
Q3 25
29.6%
2.9%
Q2 25
22.2%
3.0%
Q1 25
23.4%
2.2%
Q4 24
16.3%
7.4%
Q3 24
10.5%
2.0%
Q2 24
14.4%
1.9%
Cash Conversion
RKLB
RKLB
WH
WH
Q1 26
Q4 25
Q3 25
0.82×
Q2 25
0.80×
Q1 25
0.97×
Q4 24
1.58×
Q3 24
0.77×
Q2 24
0.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RKLB
RKLB

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

WH
WH

Fee-related and other revenues$334.0M100%
Management and other fees$2.0M1%

Related Comparisons