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

Rocket Lab Corp is the larger business by last-quarter revenue ($179.7M vs $116.5M, roughly 1.5× Xperi Inc.). Xperi Inc. runs the higher net margin — -14.7% vs -29.5%, a 14.8% gap on every dollar of revenue. On growth, Rocket Lab Corp posted the faster year-over-year revenue change (35.7% vs -4.8%). Xperi Inc. produced more free cash flow last quarter ($1.2M vs $-114.2M). Over the past eight quarters, Rocket Lab Corp's revenue compounded faster (39.2% CAGR vs -1.0%).

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...

Xperi Inc. is an American multinational technology company headquartered in San Jose, California, that develops software for consumer electronics and connected cars, as well as media platforms for video service over broadband. The company is organized into four business units: Pay TV, Consumer Electronics, Connected Car, and Media Platform. Xperi's brands include DTS, HD Radio, and TiVo.

RKLB vs XPER — Head-to-Head

Bigger by revenue
RKLB
RKLB
1.5× larger
RKLB
$179.7M
$116.5M
XPER
Growing faster (revenue YoY)
RKLB
RKLB
+40.5% gap
RKLB
35.7%
-4.8%
XPER
Higher net margin
XPER
XPER
14.8% more per $
XPER
-14.7%
-29.5%
RKLB
More free cash flow
XPER
XPER
$115.3M more FCF
XPER
$1.2M
$-114.2M
RKLB
Faster 2-yr revenue CAGR
RKLB
RKLB
Annualised
RKLB
39.2%
-1.0%
XPER

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RKLB
RKLB
XPER
XPER
Revenue
$179.7M
$116.5M
Net Profit
$-52.9M
$-17.1M
Gross Margin
38.0%
Operating Margin
-28.4%
-12.7%
Net Margin
-29.5%
-14.7%
Revenue YoY
35.7%
-4.8%
Net Profit YoY
-1.1%
-137.0%
EPS (diluted)
$-0.09
$-0.37

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
XPER
XPER
Q4 25
$179.7M
$116.5M
Q3 25
$155.1M
$111.6M
Q2 25
$144.5M
$105.9M
Q1 25
$122.6M
$114.0M
Q4 24
$132.4M
$122.4M
Q3 24
$104.8M
$132.9M
Q2 24
$106.3M
$119.6M
Q1 24
$92.8M
$118.8M
Net Profit
RKLB
RKLB
XPER
XPER
Q4 25
$-52.9M
$-17.1M
Q3 25
$-18.3M
$-6.1M
Q2 25
$-66.4M
$-14.8M
Q1 25
$-60.6M
$-18.4M
Q4 24
$-52.3M
$46.2M
Q3 24
$-51.9M
$-16.8M
Q2 24
$-41.6M
$-30.3M
Q1 24
$-44.3M
$-13.1M
Gross Margin
RKLB
RKLB
XPER
XPER
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
RKLB
RKLB
XPER
XPER
Q4 25
-28.4%
-12.7%
Q3 25
-38.0%
-1.2%
Q2 25
-41.3%
-10.5%
Q1 25
-48.3%
-14.4%
Q4 24
-38.9%
-11.7%
Q3 24
-49.5%
-14.0%
Q2 24
-40.7%
-18.3%
Q1 24
-46.4%
-27.2%
Net Margin
RKLB
RKLB
XPER
XPER
Q4 25
-29.5%
-14.7%
Q3 25
-11.8%
-5.5%
Q2 25
-46.0%
-14.0%
Q1 25
-49.5%
-16.1%
Q4 24
-39.5%
37.8%
Q3 24
-49.6%
-12.6%
Q2 24
-39.2%
-25.3%
Q1 24
-47.7%
-11.0%
EPS (diluted)
RKLB
RKLB
XPER
XPER
Q4 25
$-0.09
$-0.37
Q3 25
$-0.03
$-0.13
Q2 25
$-0.13
$-0.32
Q1 25
$-0.12
$-0.41
Q4 24
$-0.11
$1.02
Q3 24
$-0.10
$-0.37
Q2 24
$-0.08
$-0.67
Q1 24
$-0.09
$-0.29

Balance Sheet & Financial Strength

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

Metric
RKLB
RKLB
XPER
XPER
Cash + ST InvestmentsLiquidity on hand
$1.0B
$96.8M
Total DebtLower is stronger
$152.4M
$27.7M
Stockholders' EquityBook value
$1.7B
$414.1M
Total Assets
$2.3B
$615.8M
Debt / EquityLower = less leverage
0.09×
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RKLB
RKLB
XPER
XPER
Q4 25
$1.0B
$96.8M
Q3 25
$976.7M
$96.8M
Q2 25
$688.1M
$95.1M
Q1 25
$428.4M
$88.0M
Q4 24
$419.0M
$130.6M
Q3 24
$442.4M
$72.7M
Q2 24
$496.8M
$92.5M
Q1 24
$492.5M
$95.2M
Total Debt
RKLB
RKLB
XPER
XPER
Q4 25
$152.4M
$27.7M
Q3 25
$347.0M
$27.7M
Q2 25
$346.5M
$27.7M
Q1 25
$345.9M
$27.7M
Q4 24
$345.4M
$27.7M
Q3 24
$61.2M
$27.7M
Q2 24
$64.2M
$27.7M
Q1 24
$66.8M
$27.7M
Stockholders' Equity
RKLB
RKLB
XPER
XPER
Q4 25
$1.7B
$414.1M
Q3 25
$1.3B
$421.0M
Q2 25
$688.5M
$419.8M
Q1 25
$431.3M
$418.9M
Q4 24
$382.5M
$429.1M
Q3 24
$419.8M
$377.4M
Q2 24
$455.2M
$388.7M
Q1 24
$478.9M
$399.1M
Total Assets
RKLB
RKLB
XPER
XPER
Q4 25
$2.3B
$615.8M
Q3 25
$2.2B
$628.8M
Q2 25
$1.6B
$629.2M
Q1 25
$1.3B
$633.5M
Q4 24
$1.2B
$667.8M
Q3 24
$1.2B
$616.2M
Q2 24
$1.2B
$619.2M
Q1 24
$1.2B
$630.4M
Debt / Equity
RKLB
RKLB
XPER
XPER
Q4 25
0.09×
0.07×
Q3 25
0.27×
0.07×
Q2 25
0.50×
0.07×
Q1 25
0.80×
0.07×
Q4 24
0.90×
0.06×
Q3 24
0.15×
0.07×
Q2 24
0.14×
0.07×
Q1 24
0.14×
0.07×

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
XPER
XPER
Operating Cash FlowLast quarter
$-64.5M
$4.1M
Free Cash FlowOCF − Capex
$-114.2M
$1.2M
FCF MarginFCF / Revenue
-63.6%
1.0%
Capex IntensityCapex / Revenue
27.6%
2.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-321.8M
$-5.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RKLB
RKLB
XPER
XPER
Q4 25
$-64.5M
$4.1M
Q3 25
$-23.5M
$7.5M
Q2 25
$-23.2M
$10.1M
Q1 25
$-54.2M
$-22.3M
Q4 24
$-2.4M
$1.2M
Q3 24
$-30.9M
$-4.6M
Q2 24
$-13.0M
$-2.1M
Q1 24
$-2.6M
$-49.8M
Free Cash Flow
RKLB
RKLB
XPER
XPER
Q4 25
$-114.2M
$1.2M
Q3 25
$-69.4M
$6.7M
Q2 25
$-55.3M
$9.5M
Q1 25
$-82.9M
$-23.3M
Q4 24
$-23.9M
$-510.0K
Q3 24
$-41.9M
$-5.6M
Q2 24
$-28.3M
$-2.6M
Q1 24
$-21.8M
$-51.6M
FCF Margin
RKLB
RKLB
XPER
XPER
Q4 25
-63.6%
1.0%
Q3 25
-44.8%
6.0%
Q2 25
-38.3%
9.0%
Q1 25
-67.6%
-20.5%
Q4 24
-18.1%
-0.4%
Q3 24
-40.0%
-4.2%
Q2 24
-26.7%
-2.2%
Q1 24
-23.5%
-43.4%
Capex Intensity
RKLB
RKLB
XPER
XPER
Q4 25
27.6%
2.5%
Q3 25
29.6%
0.7%
Q2 25
22.2%
0.5%
Q1 25
23.4%
0.9%
Q4 24
16.3%
1.4%
Q3 24
10.5%
0.8%
Q2 24
14.4%
0.4%
Q1 24
20.7%
1.6%
Cash Conversion
RKLB
RKLB
XPER
XPER
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.03×
Q3 24
Q2 24
Q1 24

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%

XPER
XPER

Pay TV$56.2M48%
Connected Car$31.3M27%
Consumer Electronics$17.2M15%
Media Platform$11.8M10%

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