RCKT (RCKT) financial statements
RCKT reported revenue of $0 in fiscal 2025.
Net income was -$223M.
Free cash flow was -$190M.
The diluted share count rose 1526% over the period (dilution).
Income statement
Fiscal years, from RCKT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Research and development | $6M | $15M | $53M | $58M | $105M | $125M | $166M | $186M | $171M | $142M |
| Selling, general and admin | $2M | $5M | $18M | $18M | $29M | $42M | $59M | $73M | $102M | $87M |
| Operating income | -$8M | -$20M | -$71M | -$76M | -$134M | -$167M | -$224M | -$260M | -$273M | -$232M |
| Interest expense | $0 | $0 | $6M | $6M | $7M | $3M | $2M | $2M | $2M | $2M |
| Pre-tax income | — | — | — | — | — | — | — | — | -$259M | -$223M |
| Income tax | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Net income | -$8M | -$20M | -$75M | -$77M | -$140M | -$169M | -$222M | -$246M | -$259M | -$223M |
| EPS (diluted) | -$1.11 | -$2.88 | -$1.89 | -$1.58 | -$2.52 | -$2.67 | -$3.26 | -$2.92 | -$2.73 | -$2.01 |
| Diluted shares | 7M | 7M | 39M | 49M | 55M | 63M | 68M | 84M | 95M | 111M |
Balance sheet
Fiscal years, from RCKT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $126M | $100M | $213M | $304M | $483M | $389M | $356M | $408M | $372M | $189M |
| Total current assets | $128M | $19M | $209M | $308M | $487M | $392M | $364M | $378M | $378M | $193M |
| Property, plant and equipment | $1M | $985,000 | $2M | $30M | $19M | $22M | $29M | $39M | $37M | $28M |
| Goodwill | — | $0 | $31M | $31M | $31M | $31M | $39M | $39M | $39M | $39M |
| Total assets | $130M | $20M | $251M | $372M | $591M | $497M | $552M | $566M | $528M | $330M |
| Total current liabilities | $7M | $5M | $15M | $18M | $33M | $22M | $39M | $49M | $41M | $30M |
| Total liabilities | $56M | $5M | $57M | $65M | $87M | $42M | $62M | $74M | $64M | $53M |
| Shareholders' equity | $8M | $16M | $194M | $307M | $504M | $455M | $490M | $493M | $463M | $277M |
| Net debt | -$30M | -$18M | -$111M | -$185M | -$297M | -$233M | -$141M | -$56M | -$164M | -$78M |
Cash flow
Fiscal years, from RCKT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$6M | -$16M | -$54M | -$65M | -$75M | -$121M | -$178M | -$195M | -$210M | -$190M |
| Capital spending | $335,000 | $760,000 | $1M | $23M | $21M | $8M | $8M | $16M | $6M | $440,000 |
| Free cash flow | -$6M | -$17M | -$55M | -$88M | -$95M | -$129M | -$186M | -$211M | -$216M | -$190M |
| Stock-based compensation | $274,000 | $1M | $14M | $13M | $19M | $29M | $31M | $39M | $44M | $37M |
| Share buybacks (net) | $0 | $0 | $0 | $0 | -$72,000 | $0 | — | — | — | — |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for RCKT.
Open RCKT in InvestinglyQuestions
What was RCKT's revenue in 2025?
$0 in fiscal 2025, from its 10-K filing.
How much free cash flow does RCKT generate?
-$190M in fiscal 2025 (operating cash flow minus capital spending).
From RCKT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.