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Side-by-side financial comparison of GE Aerospace (GE) and Rocket Lab Corp (RKLB), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

GE Aerospace is the larger business by last-quarter revenue ($12.7B vs $179.7M, roughly 70.8× Rocket Lab Corp). GE Aerospace runs the higher net margin — 20.0% vs -29.5%, a 49.4% gap on every dollar of revenue. On growth, GE Aerospace posted the faster year-over-year revenue change (242.5% vs 35.7%). GE Aerospace produced more free cash flow last quarter ($1.9B vs $-114.2M). Over the past eight quarters, Rocket Lab Corp's revenue compounded faster (39.2% CAGR vs 25.5%).

General Electric Company, doing business as GE Aerospace, is an American aircraft engine supplier that is headquartered in Evendale, Ohio, outside Cincinnati. It is the legal successor to the original General Electric Company founded in 1892, which split into three separate companies between November 2021 and April 2024, adopting the trade name GE Aerospace after divesting its healthcare and energy divisions.

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...

GE vs RKLB — Head-to-Head

Bigger by revenue
GE
GE
70.8× larger
GE
$12.7B
$179.7M
RKLB
Growing faster (revenue YoY)
GE
GE
+206.8% gap
GE
242.5%
35.7%
RKLB
Higher net margin
GE
GE
49.4% more per $
GE
20.0%
-29.5%
RKLB
More free cash flow
GE
GE
$2.0B more FCF
GE
$1.9B
$-114.2M
RKLB
Faster 2-yr revenue CAGR
RKLB
RKLB
Annualised
RKLB
39.2%
25.5%
GE

Income Statement — Q4 2025 vs Q4 2025

Metric
GE
GE
RKLB
RKLB
Revenue
$12.7B
$179.7M
Net Profit
$2.5B
$-52.9M
Gross Margin
38.0%
Operating Margin
22.4%
-28.4%
Net Margin
20.0%
-29.5%
Revenue YoY
242.5%
35.7%
Net Profit YoY
33.7%
-1.1%
EPS (diluted)
$2.40
$-0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
GE
GE
RKLB
RKLB
Q4 25
$12.7B
$179.7M
Q3 25
$12.2B
$155.1M
Q2 25
$11.0B
$144.5M
Q1 25
$9.9B
$122.6M
Q4 24
$3.7B
$132.4M
Q3 24
$8.9B
$104.8M
Q2 24
$8.2B
$106.3M
Q1 24
$8.1B
$92.8M
Net Profit
GE
GE
RKLB
RKLB
Q4 25
$2.5B
$-52.9M
Q3 25
$2.2B
$-18.3M
Q2 25
$2.0B
$-66.4M
Q1 25
$2.0B
$-60.6M
Q4 24
$1.9B
$-52.3M
Q3 24
$1.9B
$-51.9M
Q2 24
$1.3B
$-41.6M
Q1 24
$1.5B
$-44.3M
Gross Margin
GE
GE
RKLB
RKLB
Q4 25
38.0%
Q3 25
37.0%
Q2 25
32.1%
Q1 25
28.8%
Q4 24
27.8%
Q3 24
30.4%
26.7%
Q2 24
32.2%
25.6%
Q1 24
28.8%
26.1%
Operating Margin
GE
GE
RKLB
RKLB
Q4 25
22.4%
-28.4%
Q3 25
20.6%
-38.0%
Q2 25
21.7%
-41.3%
Q1 25
22.6%
-48.3%
Q4 24
65.0%
-38.9%
Q3 24
21.2%
-49.5%
Q2 24
17.6%
-40.7%
Q1 24
23.1%
-46.4%
Net Margin
GE
GE
RKLB
RKLB
Q4 25
20.0%
-29.5%
Q3 25
17.7%
-11.8%
Q2 25
18.4%
-46.0%
Q1 25
19.9%
-49.5%
Q4 24
51.2%
-39.5%
Q3 24
20.7%
-49.6%
Q2 24
15.4%
-39.2%
Q1 24
19.0%
-47.7%
EPS (diluted)
GE
GE
RKLB
RKLB
Q4 25
$2.40
$-0.09
Q3 25
$2.02
$-0.03
Q2 25
$1.89
$-0.13
Q1 25
$1.83
$-0.12
Q4 24
$1.75
$-0.11
Q3 24
$1.70
$-0.10
Q2 24
$1.15
$-0.08
Q1 24
$1.39
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
GE
GE
RKLB
RKLB
Cash + ST InvestmentsLiquidity on hand
$1.0B
Total DebtLower is stronger
$18.8B
$152.4M
Stockholders' EquityBook value
$18.7B
$1.7B
Total Assets
$130.2B
$2.3B
Debt / EquityLower = less leverage
1.01×
0.09×

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
GE
GE
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
GE
GE
RKLB
RKLB
Q4 25
$18.8B
$152.4M
Q3 25
$18.8B
$347.0M
Q2 25
$17.0B
$346.5M
Q1 25
$17.5B
$345.9M
Q4 24
$17.2B
$345.4M
Q3 24
$18.2B
$61.2M
Q2 24
$18.0B
$64.2M
Q1 24
$19.5B
$66.8M
Stockholders' Equity
GE
GE
RKLB
RKLB
Q4 25
$18.7B
$1.7B
Q3 25
$18.8B
$1.3B
Q2 25
$19.1B
$688.5M
Q1 25
$19.3B
$431.3M
Q4 24
$19.3B
$382.5M
Q3 24
$18.9B
$419.8M
Q2 24
$18.6B
$455.2M
Q1 24
$29.9B
$478.9M
Total Assets
GE
GE
RKLB
RKLB
Q4 25
$130.2B
$2.3B
Q3 25
$128.2B
$2.2B
Q2 25
$125.3B
$1.6B
Q1 25
$124.1B
$1.3B
Q4 24
$123.1B
$1.2B
Q3 24
$126.7B
$1.2B
Q2 24
$123.2B
$1.2B
Q1 24
$163.9B
$1.2B
Debt / Equity
GE
GE
RKLB
RKLB
Q4 25
1.01×
0.09×
Q3 25
1.00×
0.27×
Q2 25
0.89×
0.50×
Q1 25
0.91×
0.80×
Q4 24
0.89×
0.90×
Q3 24
0.97×
0.15×
Q2 24
0.97×
0.14×
Q1 24
0.65×
0.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
GE
GE
RKLB
RKLB
Operating Cash FlowLast quarter
$2.3B
$-64.5M
Free Cash FlowOCF − Capex
$1.9B
$-114.2M
FCF MarginFCF / Revenue
14.5%
-63.6%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
3.4%
27.6%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
0.90×
TTM Free Cash FlowTrailing 4 quarters
$7.3B
$-321.8M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
GE
GE
RKLB
RKLB
Q4 25
$2.3B
$-64.5M
Q3 25
$2.5B
$-23.5M
Q2 25
$2.2B
$-23.2M
Q1 25
$1.5B
$-54.2M
Q4 24
$1.3B
$-2.4M
Q3 24
$1.5B
$-30.9M
Q2 24
$913.0M
$-13.0M
Q1 24
$992.0M
$-2.6M
Free Cash Flow
GE
GE
RKLB
RKLB
Q4 25
$1.9B
$-114.2M
Q3 25
$2.2B
$-69.4M
Q2 25
$1.9B
$-55.3M
Q1 25
$1.3B
$-82.9M
Q4 24
$1.0B
$-23.9M
Q3 24
$1.2B
$-41.9M
Q2 24
$835.0M
$-28.3M
Q1 24
$571.0M
$-21.8M
FCF Margin
GE
GE
RKLB
RKLB
Q4 25
14.5%
-63.6%
Q3 25
18.0%
-44.8%
Q2 25
17.4%
-38.3%
Q1 25
13.1%
-67.6%
Q4 24
27.7%
-18.1%
Q3 24
13.9%
-40.0%
Q2 24
10.2%
-26.7%
Q1 24
7.1%
-23.5%
Capex Intensity
GE
GE
RKLB
RKLB
Q4 25
3.4%
27.6%
Q3 25
2.5%
29.6%
Q2 25
3.0%
22.2%
Q1 25
2.1%
23.4%
Q4 24
7.2%
16.3%
Q3 24
3.0%
10.5%
Q2 24
0.9%
14.4%
Q1 24
5.2%
20.7%
Cash Conversion
GE
GE
RKLB
RKLB
Q4 25
0.90×
Q3 25
1.16×
Q2 25
1.11×
Q1 25
0.76×
Q4 24
0.68×
Q3 24
0.81×
Q2 24
0.72×
Q1 24
0.65×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

GE
GE

Services$8.4B66%
Products$3.5B28%
Runoff Insurance Operations$852.0M7%

RKLB
RKLB

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

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