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Rocket Lab USA, Inc. (RKLB)

USD76.73 -4.31 (-5.32%)
US NASDAQ Industrials Aerospace & Defense
Address 3881 McGowen Street 90808
Long Beach, CA, US
CEO Sir Peter Beck
IPO 2020-11-24
CIK 1819994 ISIN US7731211089

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Description

Headquartered in Long Beach, California, Rocket Lab USA, Inc. is a prominent aerospace firm established in 2006. This company delivers a comprehensive suite of space-related services and hardware, primarily catering to the space and defense industries. Their operations encompass orbital launch capabilities, advanced spacecraft engineering and construction, production of various spacecraft components, and sophisticated on-orbit management services, including full constellation management. Rocket Lab is known for developing and producing a range of launch vehicles, from small to medium-class rockets. Key products include the highly successful Electron small orbital launch vehicle and the versatile Photon satellite platforms, both of which they design, manufacture, and market. Furthermore, the company is actively developing the larger Neutron launch vehicle, capable of carrying 8-ton payloads. Beyond manufacturing, they also conduct remote launch operations and craft specialized components and subsystems for both their Photon spacecraft family and the broader commercial spacecraft market. Their diverse clientele spans commercial enterprises, major aerospace contractors, and governmental entities.

Market Cap & Enterprise Value
Merger & Acquisition History
Target company Ticker Date Filing
Vector Acquisition Corporation VACQU 2021-06-25 View
Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD76.73 -4.31 (-5.32%)
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Volume Profile
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Liquidity & share structure
Average Volume
28M
Beta
2.55
Float Shares
528.60M
Free Float %
91.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+11.26% +38.53% +72.45% +77.78% +134.84% +68.22% +451.98% +2,748.30% +1,082.96% +1,104.33% +1,104.33%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (18 ratings, all time) Buy
Price Targets & DCF
Current price
76.73
Low 69.00 -10.1%
Consensus 93.14 +21.4%
Median 98.00 +27.7%
High 105.00 +36.8%
Ratings Trend (MoM) 71% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 9 0
Hold 5 -1
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month 2
102.50
+33.6%
Last Quarter 3
96.67
+26.0%
Last Year 13
80.38
+4.8%
All Time 29
42.12
-45.1%
Quality scores
Altman Z-Score
73.41
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
0 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Aerospace & Defense: +15.4%
    +38.0% Q1'26: +63.5% (vs Q1'25)
  • EPS growth Aerospace & Defense: +32.2%
    +2.6% Q1'26: +38.0% (vs Q1'25)
  • FCF margin FCF growth · Aerospace & Defense: +45.0%
    -42.7% Q1'26: -38.6% (vs Q1'25)
  • EBIT margin Aerospace & Defense: +9.2%
    -33.1% Q1'26: -27.9% (vs Q1'25)
  • ROIC Aerospace & Defense: +6.2%
    -20.8% Q1'26: -21.2% (vs Q1'25)
  • Share dilution Aerospace & Defense: +0.0%
    +7.0% Q1'26: +19.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Aerospace & Defense: 0.16×
    -1.63× Q1'26: -0.84× (vs Q1'25)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (2.31) × ERP
WACC = 99% × Ke + 1% × Kd (10.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 76.73
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
11 Rev. Ana.
7 EPS Ana.
Dec 2027
13 Rev. Ana.
10 EPS Ana.
Dec 2028
8 Rev. Ana.
5 EPS Ana.
Dec 2029
7 Rev. Ana.
1 EPS Ana.
Dec 2030
7 Rev. Ana.
1 EPS Ana.
Revenue
62.24M
est: 59.33M (+4.9%)
211.00M
est: 206.68M (+2.1%)
244.59M
est: 326.67M (-25.1%)
436.21M
est: 434.35M (+0.4%)
601.80M
est: 599.96M (+0.3%)
894.84M
860.41M – 974.83M
+49.1% YoY
1.26B
1.02B – 1.46B
+40.8% YoY
1.62B
1.60B – 1.64B
+28.5% YoY
2.06B
1.81B – 2.42B
+27.5% YoY
2.55B
2.24B – 2.99B
+23.7% YoY
EBITDA
-91.20M
est: -40.25M (-126.6%)
-95.20M
est: -140.20M (+32.1%)
-144.93M
est: -173.14M (+16.3%)
-151.80M
est: -230.21M (+34.1%)
-155.47M
est: -317.99M (+51.1%)
-474.28M
-516.67M – -456.03M
-49.1% YoY
-667.79M
-773.53M – -539.80M
-40.8% YoY
-857.87M
-867.86M – -847.89M
-28.5% YoY
-1.09B
-1.28B – -961.36M
-27.5% YoY
-1.35B
-1.59B – -1.19B
-23.7% YoY
EBIT
-102.05M
est: -44.29M (-130.4%)
-125.15M
est: -154.29M (+18.9%)
-174.67M
est: -200.17M (+12.7%)
-185.46M
est: -266.15M (+30.3%)
-199.41M
est: -367.63M (+45.8%)
-548.31M
-597.33M – -527.22M
-49.1% YoY
-772.04M
-894.28M – -624.06M
-40.8% YoY
-991.79M
-1.00B – -980.25M
-28.5% YoY
-1.26B
-1.48B – -1.11B
-27.5% YoY
-1.56B
-1.84B – -1.38B
-23.7% YoY
Net Income
-117.32M
est: -150.76M (+22.2%)
-135.94M
est: -119.47M (-13.8%)
-182.57M
est: -176.96M (-3.2%)
-190.18M
est: -140.13M (-35.7%)
-198.21M
est: -182.62M (-8.5%)
-109.83M
-164.74M – -54.91M
+39.9% YoY
-6.65M
-57.83M – 115.66M
+93.9% YoY
176.36M
76.17M – 238.67M
+2,750.1% YoY
305.13M
257.15M – 373.74M
+73.0% YoY
460.35M
387.97M – 563.85M
+50.9% YoY
SGA
58.40M
est: 33.17M (+76.1%)
89.03M
est: 115.54M (-22.9%)
110.27M
est: 155.97M (-29.3%)
131.56M
est: 207.39M (-36.6%)
165.30M
est: 286.46M (-42.3%)
427.25M
410.81M – 465.44M
+49.1% YoY
601.58M
486.28M – 696.83M
+40.8% YoY
772.81M
763.82M – 781.81M
+28.5% YoY
985.20M
866.04M – 1.16B
+27.5% YoY
1.22B
1.07B – 1.43B
+23.7% YoY
EPS
-0.26
est: -0.30 (+14.5%)
-0.29
est: -0.24 (-20.4%)
-0.38
est: -0.36 (-5.0%)
-0.38
est: -0.31 (-22.7%)
-0.37
est: -0.38 (+2.8%)
-0.21
-0.31 – -0.10
+45.6% YoY
0.04
-0.11 – 0.22
+117.6% YoY
0.29
0.14 – 0.45
+706.1% YoY
0.58
0.48 – 0.70
+96.4% YoY
0.87
0.73 – 1.06
+50.9% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-04-20 Stifel Buy Buy Maintain
2026-04-17 Roth Capital Buy Buy Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-05-06 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-05-05 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-05-04 C- 1/5 1/5 1/5 1/5 3/5 1/5 1/5
2026-05-01 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5
2026-04-15 D+ 1/5 1/5 1/5 1/5 2/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-147.60M
OE per share TTM
-0.27
Owner's Yield
-0.31%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
79.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
394
Total invested
1.61B
Insider transactions (90d)
0
Beneficial owners (>5%)
38
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 VK Services, LLC 115.00M 25.70% 115.00M 11.00 OO 2021-09-07
2 Vinod Khosla 115.00M 25.70% 115.00M 11.00 IN 2021-09-07
3 Deer VIII & Co. L.P. 81.45M 18.20% 81.45M 81.45M PN 2021-09-07
4 Khosla Ventures Associates V, LLC 58.19M 13.00% 58.19M 11.00 OO 2021-09-07
5 Khosla Ventures V, L.P. 58.19M 13.00% 58.19M 11.00 PN 2021-09-07
6 Khosla Ventures Seed Associates B, LLC 56.81M 12.70% 56.81M 11.00 OO 2021-09-07
7 Butler 54.55M 12.20% 54.55M 54.55M IN 2021-09-07
8 Equatorial Trustee Limited 54.55M 12.20% 54.55M 54.55M OO 2021-09-07
9 Trust 54.55M 12.20% 54.55M 54.55M OO 2021-09-07
10 Khosla Ventures Seed B, L.P. 53.76M 12.00% 53.76M 11.00 PN 2021-09-07
11 Beck 50.95M 10.50% 50.95M 50.95M IN 2023-09-18
12 Bessemer Venture Partners VIII Institutional L.P. 44.47M 9.90% 44.47M 44.47M PN 2021-09-07
13 Future Fund Board of Guardians 42.36M 9.43% 42.36M 42.36M OO Australia 2022-02-11
14 Future Fund Investment Company No.5 Pty Ltd (ACN 134 338 926) 42.36M 9.43% 42.36M 42.36M CO Australia 2022-02-11
15 Bessemer Venture Partners VIII L.P. 36.98M 8.30% 36.98M 36.98M PN 2021-09-07
16 (1) BlackRock, Inc. 29.81M 6.00% 32.49M 29.81M HC Delaware 2024-11-08
17 The Vanguard Group - 23-1945930 24.22M 5.12% 23.74M 486.0K IA 2023-02-09
18 Vector Acquisition Partners, L.P. 7.95M 19.90% 7.95M 7.95M PN Cayman Islands 2021-02-16
19 Vector Capital Partners V, Ltd. 7.95M 19.90% 7.95M 7.95M CO Cayman Islands 2021-02-16
20 Khosla Ventures Seed B (CF), L.P. 3.05M 0.70% 3.05M 11.00 PN 2021-09-07
21 Glazer Capital, LLC 2.71M 9.00% 2.71M OO State of Delaware 2021-02-16
22 Paul J. Glazer 2.71M 9.00% 2.71M IN United States 2021-02-16
23 BlueCrest Capital Management Limited 2.00M 6.70% 2.00M 2.00M OO Jersey, Channel Islands 2020-10-02
24 Michael Platt 2.00M 6.70% 2.00M 2.00M HC, IN Jersey, Channel Islands 2020-10-02
25 2. 1.98M 6.60% 1.98M 1.98M IA, PN 2021-02-08
26 LP 1.98M 6.60% 1.98M 1.98M PN Bermuda 2020-10-05
27 WONG 1.98M 6.60% 1.98M 1.98M HC Bermuda 2020-10-05
28 1,771,354 1.77M 5.90% 1.77M 1.77M PN 2021-02-08
29 LINDEN CAPITAL L.P. 1.77M 5.90% 1.77M 1.77M PN Bermuda 2020-10-05
30 LLC 1.77M 5.90% 1.77M 1.77M HC Bermuda 2020-10-05
31 Israel A. Englander 653.0K 0.10% 653.0K 653.0K IN 2022-02-14
32 Millennium Group Management LLC 653.0K 0.10% 653.0K 653.0K OO 2022-02-14
33 Millennium Management LLC 653.0K 0.10% 653.0K 653.0K OO 2022-02-14
34 Millennium International Management LP 652.9K 0.10% 652.9K 652.9K PN 2022-02-14
35 ICS Opportunities, Ltd. 326.7K 0.10% 326.7K 326.7K CO 2022-02-14
36 Integrated Assets II LLC 326.3K 0.10% 326.3K 326.3K OO 2022-02-14
37 Integrated Core Strategies (US) LLC 62.00 0.00% 62.00 62.00 OO 2022-02-14
38 Riverview Group LLC 0.00% OO 2022-02-14

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
394
-497 vs prev Q
New positions
74
Closed positions
514
Increased
236
Reduced
93
Put/Call ratio
0.00
Calls held
17.37M
Puts held
20.6K
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 VANGUARD GROUP INC 47.42M +5.6M (+13.4%) 3.31B +1.3B (+65.1%) 8.97% +0.852 pp 0.05% +0.018 pp USD40.34 +72.9% 3 qtrs
2 BLACKROCK, INC. 33.08M +1.7M (+5.3%) 2.31B +802.4M (+53.3%) 6.26% +0.157 pp 0.04% +0.013 pp USD40.66 +71.6% 3 qtrs
3 BAILLIE GIFFORD & CO 17.85M +5.7M (+47.2%) 1.25B +664.4M (+114.4%) 3.38% +1.022 pp 1.03% +0.605 pp USD51.93 +34.3% 3 qtrs
4 UBS GROUP AG 17.33M -32.0K (-0.2%) 1.21B +377.1M (+45.3%) 3.28% -0.093 pp 0.20% +0.066 pp USD35.79 +94.9% 3 qtrs
5 CAPITAL WORLD INVESTORS 16.20M +1.7M (+12.0%) 1.13B +437.3M (+63.1%) 3.06% +0.256 pp 0.15% +0.059 pp USD40.35 +72.9% 3 qtrs
6 STATE STREET CORP 12.52M +120.7K (+1.0%) 873.41M +279.3M (+47.0%) 2.37% -0.039 pp 0.03% +0.009 pp USD37.54 +85.8% 3 qtrs
7 SUSQUEHANNA INTERNATIONAL GROUP, LLP 9.70M -552.5K (-5.4%) 676.77M +185.5M (+37.8%) 1.83% -0.156 pp 0.08% +0.022 pp USD39.16 +78.1% 3 qtrs
8 JPMORGAN CHASE & CO 9.69M +4.1M (+74.0%) 676.32M +409.3M (+153.3%) 1.83% +0.752 pp 0.04% +0.027 pp USD50.22 +38.9% 3 qtrs
9 GEODE CAPITAL MANAGEMENT, LLC 9.00M +825.2K (+10.1%) 626.60M +235.8M (+60.3%) 1.70% +0.115 pp 0.04% +0.014 pp USD40.48 +72.3% 3 qtrs
10 CITADEL ADVISORS LLC 5.86M -91.3K (-1.5%) 408.52M +123.6M (+43.4%) 1.11% -0.047 pp 0.06% +0.018 pp USD40.07 +74.1% 3 qtrs
11 INVESCO LTD. 5.26M -559.8K (-9.6%) 366.99M +88.1M (+31.6%) 1.00% -0.135 pp 0.06% +0.012 pp USD35.77 +95.0% 3 qtrs
12 BANK OF AMERICA CORP /DE/ 5.11M -1.8M (-25.8%) 356.43M +26.6M (+8.1%) 0.97% -0.370 pp 0.03% +0.004 pp USD35.77 +95.0% 3 qtrs
13 NORGES BANK 4.89M +4.9M (+100.0%) 341.04M +341.0M (+100.0%) 0.92% +0.925 pp 0.04% +0.037 pp USD69.76 +0.0% 1 qtrs NEW
14 JANE STREET GROUP, LLC 4.58M +2.6M (+133.8%) 319.33M +225.5M (+240.4%) 0.87% +0.486 pp 0.05% +0.034 pp USD55.45 +25.8% 3 qtrs
15 FMR LLC 4.27M +236.1K (+5.8%) 298.07M +104.7M (+54.1%) 0.81% +0.024 pp 0.02% +0.005 pp USD38.67 +80.4% 3 qtrs
16 MORGAN STANLEY 4.20M -2.9M (-41.1%) 292.72M -48.7M (-14.3%) 0.79% -0.590 pp 0.02% -0.003 pp USD42.02 +66.0% 3 qtrs
17 WOLVERINE ASSET MANAGEMENT LLC 3.56M +— (+0.0%) 248.54M +77.8M (+45.6%) 0.67% -0.018 pp 1.96% +0.697 pp USD35.77 +95.0% 3 qtrs
18 NORTHERN TRUST CORP 2.60M +153.5K (+6.3%) 181.59M +64.2M (+54.7%) 0.49% +0.017 pp 0.02% +0.008 pp USD40.04 +74.2% 3 qtrs
19 WESTFIELD CAPITAL MANAGEMENT CO LP 2.59M +154.6K (+6.3%) 180.85M +64.1M (+54.8%) 0.49% +0.017 pp 0.75% +0.263 pp USD38.14 +82.9% 3 qtrs
20 AMERICAN CENTURY COMPANIES INC 2.52M +528.3K (+26.5%) 176.09M +80.5M (+84.1%) 0.48% +0.090 pp 0.09% +0.040 pp USD42.88 +62.7% 3 qtrs
21 ROYAL BANK OF CANADA 2.45M -574.1K (-19.0%) 170.73M +26.0M (+17.9%) 0.46% -0.124 pp 0.03% +0.004 pp USD39.06 +78.6% 3 qtrs
22 DEUTSCHE BANK AG\ 2.34M +1.5M (+174.5%) 163.02M +122.2M (+299.7%) 0.44% +0.277 pp 0.05% +0.039 pp USD60.40 +15.5% 3 qtrs
23 ARK INVESTMENT MANAGEMENT LLC 2.24M -251.5K (-10.1%) 155.93M +36.8M (+30.9%) 0.42% -0.060 pp 1.03% +0.326 pp USD35.85 +94.6% 3 qtrs
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 2.21M +277.1K (+14.3%) 154.42M +61.6M (+66.4%) 0.42% +0.043 pp 0.02% +0.009 pp USD40.03 +74.3% 3 qtrs
25 VOYA INVESTMENT MANAGEMENT LLC 2.19M +610.9K (+38.6%) 152.97M +77.2M (+101.8%) 0.41% +0.108 pp 0.15% +0.075 pp USD46.86 +48.9% 3 qtrs
26 ALLIANCEBERNSTEIN L.P. 2.14M -52.3K (-2.4%) 149.14M +44.2M (+42.1%) 0.40% -0.021 pp 0.05% +0.014 pp USD46.59 +49.7% 3 qtrs
27 FRANKLIN RESOURCES INC 1.90M +133.7K (+7.6%) 132.30M +47.8M (+56.7%) 0.36% +0.017 pp 0.03% +0.011 pp USD39.07 +78.6% 3 qtrs
28 UBS ASSET MANAGEMENT AMERICAS INC 1.70M +175.6K (+11.5%) 118.72M +45.6M (+62.4%) 0.32% +0.026 pp 0.03% +0.009 pp USD39.28 +77.6% 3 qtrs
29 PRICE T ROWE ASSOCIATES INC /MD/ 1.65M +12.4K (+0.8%) 115.00M +36.6M (+46.7%) 0.31% -0.006 pp 0.01% +0.004 pp USD36.03 +93.6% 3 qtrs
30 HSBC HOLDINGS PLC 1.57M +1.4M (+613.9%) 110.67M +100.3M (+962.5%) 0.30% +0.254 pp 0.06% +0.051 pp USD66.58 +4.8% 3 qtrs
31 BANK OF NEW YORK MELLON CORP 1.56M +6.1K (+0.4%) 109.16M +34.5M (+46.2%) 0.30% -0.007 pp 0.02% +0.005 pp USD40.33 +73.0% 3 qtrs
32 CANTOR FITZGERALD, L. P. 1.53M +60.0K (+4.1%) 106.73M +36.3M (+51.5%) 0.29% +0.004 pp 1.62% +0.935 pp USD48.77 +43.0% 2 qtrs
33 FIRST TRUST ADVISORS LP 1.48M +461.7K (+45.5%) 102.97M +54.4M (+111.9%) 0.28% +0.082 pp 0.07% +0.039 pp USD51.05 +36.7% 3 qtrs
34 SUMITOMO MITSUI TRUST HOLDINGS, INC. 1.35M -212.5K (-13.6%) 94.42M +19.4M (+25.8%) 0.26% -0.048 pp 0.06% +0.012 pp USD40.72 +71.3% 3 qtrs
35 VOLORIDGE INVESTMENT MANAGEMENT, LLC 1.26M -849.0K (-40.2%) 87.96M -13.1M (-13.0%) 0.24% -0.171 pp 0.31% -0.030 pp USD35.77 +95.0% 3 qtrs
36 D. E. SHAW & CO., INC. 1.23M -1.2M (-48.4%) 86.14M -28.6M (-24.9%) 0.23% -0.231 pp 0.05% -0.018 pp USD35.95 +94.0% 3 qtrs
37 SWISS NATIONAL BANK 1.20M -45.4K (-3.7%) 83.59M +24.0M (+40.3%) 0.23% -0.015 pp 0.05% +0.015 pp USD40.67 +71.5% 3 qtrs
38 MIZUHO MARKETS AMERICAS LLC 1.16M +139.4K (+13.7%) 80.74M +32.0M (+65.5%) 0.22% +0.021 pp 1.56% +0.642 pp USD39.86 +75.0% 3 qtrs
39 DIMENSIONAL FUND ADVISORS LP 1.15M -90.8K (-7.3%) 80.10M +20.8M (+35.0%) 0.22% -0.023 pp 0.02% +0.004 pp USD35.77 +95.0% 3 qtrs
40 AMUNDI 1.13M -1.2M (-50.8%) 79.01M -55.6M (-41.3%) 0.21% -0.233 pp 0.02% -0.022 pp USD44.94 +55.2% 3 qtrs
41 NUVEEN, LLC 1.13M +173.6K (+18.1%) 78.97M +33.1M (+72.0%) 0.21% +0.028 pp 0.02% +0.009 pp USD44.02 +58.5% 3 qtrs
42 ZEVENBERGEN CAPITAL INVESTMENTS LLC 1.09M +45.8K (+4.4%) 76.09M +26.0M (+52.0%) 0.21% +0.003 pp 1.69% +0.719 pp USD37.20 +87.5% 3 qtrs
43 GOLDMAN SACHS GROUP INC 1.08M +277.3K (+34.6%) 75.33M +36.9M (+95.9%) 0.20% +0.048 pp 0.01% +0.005 pp USD44.50 +56.8% 3 qtrs
44 CLEAR STREET GROUP INC. 1.07M +447.2K (+71.9%) 74.59M +44.8M (+150.3%) 0.20% +0.082 pp 0.28% +0.175 pp USD57.05 +22.3% 2 qtrs
45 LEGAL & GENERAL GROUP PLC 1.04M +176.4K (+20.3%) 72.81M +31.3M (+75.2%) 0.20% +0.029 pp 0.02% +0.007 pp USD46.17 +51.1% 3 qtrs
46 TOCQUEVILLE ASSET MANAGEMENT L.P. 1.01M -210.8K (-17.3%) 70.38M +11.9M (+20.4%) 0.19% -0.046 pp 1.03% +0.177 pp USD35.77 +95.0% 3 qtrs
47 RENAISSANCE TECHNOLOGIES LLC 915.1K +915.1K (+100.0%) 63.84M +63.8M (+100.0%) 0.17% +0.173 pp 0.10% +0.099 pp USD69.76 +0.0% 1 qtrs NEW
48 VAN ECK ASSOCIATES CORP 885.6K +259.7K (+41.5%) 61.78M +31.8M (+106.0%) 0.17% +0.046 pp 0.05% +0.023 pp USD47.99 +45.4% 3 qtrs
49 BNP PARIBAS ARBITRAGE, SNC 853.8K -1.3M (-61.1%) 59.56M -45.5M (-43.3%) 0.16% -0.264 pp 0.03% -0.029 pp USD36.22 +92.6% 3 qtrs
50 VIDENT ADVISORY, LLC 836.2K -192.6K (-18.7%) 58.33M +9.0M (+18.3%) 0.16% -0.042 pp 0.53% +0.060 pp USD38.02 +83.5% 3 qtrs
51 PEAK6 LLC 834.5K +490.4K (+142.5%) 58.21M +41.7M (+253.1%) 0.16% +0.091 pp 0.11% +0.084 pp USD55.74 +25.2% 3 qtrs
52 AMERIPRISE FINANCIAL INC 827.5K +279.3K (+51.0%) 57.72M +31.5M (+120.0%) 0.16% +0.050 pp 0.01% +0.007 pp USD47.24 +47.7% 3 qtrs
53 NEUBERGER BERMAN GROUP LLC 821.3K +157.1K (+23.6%) 57.29M +25.5M (+80.0%) 0.16% +0.026 pp 0.04% +0.019 pp USD48.20 +44.7% 3 qtrs
54 SCHONFELD STRATEGIC ADVISORS LLC 799.7K +786.0K (+5,702.8%) 55.79M +55.1M (+8,349.3%) 0.15% +0.149 pp 0.25% +0.243 pp USD69.17 +0.9% 3 qtrs
55 TREMBLANT CAPITAL GROUP 762.5K +762.5K (+100.0%) 53.20M +53.2M (+100.0%) 0.14% +0.144 pp 1.36% +1.357 pp USD69.76 +0.0% 1 qtrs NEW
56 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 732.9K +36.2K (+5.2%) 51.12M +17.7M (+53.2%) 0.14% +0.003 pp 0.03% +0.009 pp USD37.45 +86.3% 3 qtrs
57 MITSUBISHI UFJ KOKUSAI ASSET MANAGEMENT CO., LTD. 650.7K +82.6K (+14.5%) 49.45M +22.2M (+81.7%) 0.12% +0.013 pp 0.03% +0.014 pp USD47.77 +46.0% 3 qtrs
58 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 696.4K +3.5K (+0.5%) 48.58M +15.4M (+46.3%) 0.13% -0.003 pp 0.05% +0.015 pp USD41.71 +67.3% 3 qtrs
59 MAREX GROUP PLC 695.6K -962.8K (-58.1%) 48.53M -29.5M (-37.8%) 0.13% -0.190 pp 0.31% -0.246 pp USD35.77 +95.0% 3 qtrs
60 RAYMOND JAMES FINANCIAL INC 682.8K -26.3K (-3.7%) 47.63M +13.7M (+40.2%) 0.13% -0.009 pp 0.01% +0.004 pp USD36.12 +93.1% 3 qtrs
61 NATIONAL PENSION SERVICE 643.2K +643.2K (+100.0%) 44.87M +44.9M (+100.0%) 0.12% +0.122 pp 0.03% +0.033 pp USD69.76 +0.0% 1 qtrs NEW
62 FRONTIER CAPITAL MANAGEMENT CO LLC 620.7K -209.5K (-25.2%) 43.30M +3.5M (+8.9%) 0.12% -0.044 pp 0.46% +0.103 pp USD47.91 +45.6% 2 qtrs
63 IEQ CAPITAL, LLC 613.5K -65.6K (-9.7%) 42.80M +10.3M (+31.5%) 0.12% -0.016 pp 0.13% +0.029 pp USD47.22 +47.7% 3 qtrs
64 QUADRATURE CAPITAL LTD 613.2K +222.0K (+56.7%) 42.78M +24.0M (+128.1%) 0.12% +0.040 pp 0.44% +0.215 pp USD52.32 +33.3% 3 qtrs
65 CITIGROUP INC 612.2K -234.0K (-27.7%) 42.70M +2.2M (+5.3%) 0.12% -0.049 pp 0.02% +0.001 pp USD42.74 +63.2% 3 qtrs
66 IMC-CHICAGO, LLC 607.7K +607.7K (+100.0%) 42.39M +42.4M (+100.0%) 0.11% +0.115 pp 0.02% +0.015 pp USD69.76 +0.0% 3 qtrs
67 CAPITAL FUND MANAGEMENT S.A. 607.3K -190.9K (-23.9%) 42.37M +4.1M (+10.8%) 0.11% -0.040 pp 0.12% +0.018 pp USD39.49 +76.7% 3 qtrs
68 MILLENNIUM MANAGEMENT LLC 567.4K +74.9K (+15.2%) 39.58M +16.0M (+67.7%) 0.11% +0.012 pp 0.02% +0.007 pp USD40.26 +73.3% 3 qtrs
69 MITSUBISHI UFJ TRUST & BANKING CORP 558.6K +76.0K (+15.7%) 38.97M +15.8M (+68.5%) 0.11% +0.012 pp 0.09% +0.042 pp USD48.88 +42.7% 3 qtrs
70 ONCE CAPITAL MANAGEMENT, LLC 556.0K +— (+0.0%) 38.79M +12.1M (+45.6%) 0.11% -0.003 pp 7.96% +2.049 pp USD36.10 +93.2% 3 qtrs
71 BANK OF MONTREAL /CAN/ 548.7K +507.6K (+1,235.0%) 38.28M +36.3M (+1,843.9%) 0.10% +0.096 pp 0.01% +0.013 pp USD68.12 +2.4% 2 qtrs
72 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 428.7K +249.6K (+139.3%) 36.93M +25.9M (+235.1%) 0.08% +0.046 pp 0.05% +0.033 pp USD55.56 +25.6% 3 qtrs
73 CLEARBRIDGE INVESTMENTS, LLC 518.9K +183.8K (+54.9%) 36.20M +20.1M (+125.5%) 0.10% +0.033 pp 0.03% +0.017 pp USD55.65 +25.4% 2 qtrs
74 NIKKO ASSET MANAGEMENT AMERICAS, INC. 517.6K -200.6K (-27.9%) 36.08M +1.7M (+4.9%) 0.10% -0.042 pp 0.42% +0.084 pp USD35.77 +95.0% 3 qtrs
75 RHUMBLINE ADVISERS 514.9K -5.0K (-1.0%) 35.92M +11.0M (+44.2%) 0.10% -0.004 pp 0.03% +0.009 pp USD37.68 +85.1% 3 qtrs
76 SWEDBANK AB 509.3K +38.8K (+8.2%) 35.53M +13.0M (+57.6%) 0.10% +0.005 pp 0.03% +0.012 pp USD49.57 +40.7% 2 qtrs
77 UNICOM SYSTEMS, INC. 502.9K +— (+0.0%) 35.08M +11.0M (+45.6%) 0.10% -0.003 pp 3.43% +1.049 pp USD32.44 +115.0% 4 qtrs
78 WELLS FARGO & COMPANY/MN 498.1K -642.4K (-56.3%) 34.75M -19.9M (-36.4%) 0.09% -0.127 pp 0.01% -0.004 pp USD41.28 +69.0% 3 qtrs
79 WALLEYE TRADING LLC 491.8K -244.9K (-33.2%) 34.31M -987.3K (-2.8%) 0.09% -0.050 pp 0.05% -0.005 pp USD37.61 +85.5% 3 qtrs
80 SG AMERICAS SECURITIES, LLC 488.6K +415.2K (+565.8%) 34.09M +30.6M (+869.4%) 0.09% +0.078 pp 0.04% +0.032 pp USD64.66 +7.9% 3 qtrs
81 BARCLAYS PLC 482.9K -41.3K (-7.9%) 33.69M +8.6M (+34.1%) 0.09% -0.010 pp 0.01% +0.002 pp USD36.51 +91.1% 3 qtrs
82 CAPITAL IMPACT ADVISORS, LLC 452.7K +145.7K (+47.5%) 31.58M +16.9M (+114.7%) 0.09% +0.026 pp 2.47% -0.819 pp USD54.94 +27.0% 2 qtrs
83 LPL FINANCIAL LLC 445.9K +18.8K (+4.4%) 31.11M +10.6M (+52.0%) 0.08% +0.001 pp 0.01% +0.003 pp USD37.20 +87.5% 3 qtrs
84 JAIN GLOBAL LLC 436.3K +148.8K (+51.8%) 30.44M +16.7M (+121.0%) 0.08% +0.027 pp 0.15% +0.082 pp USD55.36 +26.0% 2 qtrs
85 LORD, ABBETT & CO. LLC 422.6K -835.5K (-66.4%) 29.48M -30.8M (-51.1%) 0.08% -0.164 pp 0.09% -0.089 pp USD41.71 +67.3% 3 qtrs
86 SIMPLEX TRADING, LLC 400.1K +400.1K (+100.0%) 27.91M +27.9M (+100.0%) 0.08% +0.076 pp 0.02% +0.016 pp USD69.76 +0.0% 1 qtrs NEW
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.03
Bearish
Ratio by volume
0.32
Bearish
Buys
2
Sells
61
Shares acquired
808.5K
Shares disposed
2.56M
Cash buys
Cash sales
59.00
Net activity
-1,747,188
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-03-26 Clevenger Marvin Bradford Officer Common Stock 0 0.00 492,435 D
2026-03-24 Kampani Arjun Officer A-Award A Common Stock 77,189 0.00 475,177 D
2026-03-20 Spice Adam C. Officer G-Gift D Common Stock 1,558 0.00 1,295,266 D
2026-03-06 Saintil Merline Director S-Sale D Common Stock 18,126 75.04 1.36M 261,903 D
2026-03-04 Klein Frank Officer S-Sale D Common Stock 2,000 70.26 140.5K 1,123,005 D
2026-03-04 Kampani Arjun Officer S-Sale D Common Stock 100 74.09 7.4K 397,988 D
2026-03-02 Spice Adam C. Officer S-Sale D Common Stock 6,929 70.62 489.3K 1,296,824 D
2026-03-02 Klein Frank Officer S-Sale D Common Stock 4,912 70.62 346.9K 1,125,005 D
2026-03-02 Kampani Arjun Officer S-Sale D Common Stock 3,176 70.62 224.3K 421,699 D
2026-03-02 Beck Peter Director / Officer S-Sale D Common Stock 2,082 70.62 147.0K 884,085 D
2026-01-20 Olson Jon A Director S-Sale D Common Stock 3,100 92.81 287.7K 347,430 D
2026-01-14 Saintil Merline Director S-Sale D Common Stock 12,500 90.00 1.13M 280,029 D
2026-01-13 Saintil Merline Director S-Sale D Common Stock 96,000 86.58 8.31M 292,529 D
2026-01-05 Spice Adam C. Officer S-Sale D Common Stock 252,046 74.02 18.66M 2,263,444 D
2026-01-02 Klein Frank Officer S-Sale D Common Stock 10,989 71.79 788.9K 1,228,978 D
2025-12-23 Spice Adam C. Officer G-Gift D Common Stock 1,470 0.00 1,993,903 D
2025-12-23 Slusky Alexander R Director G-Gift D Common Stock 20,000 0.00 68,849 D
2025-12-23 Frank Edward H. Director G-Gift D Common Stock 5,000 0.00 145,004 D
2025-12-19 Saintil Merline Director S-Sale D Common Stock 5,000 65.00 325.0K 388,529 D
2025-12-19 Olson Jon A Director S-Sale D Common Stock 1,300 65.64 85.3K 371,535 D
2025-12-19 Armagno Nina Director S-Sale D Common Stock 500 66.75 33.4K 127,754 D
2025-12-17 Saintil Merline Director S-Sale D Common Stock 1,767 54.82 96.9K 394,229 D
2025-12-16 Beck Peter Director / Officer S-Sale D Common Stock 190,345 53.21 10.13M 749,401 I
2025-12-15 Beck Peter Director / Officer S-Sale D Common Stock 129,550 58.39 7.56M 1,142,059 I
2025-12-12 Saintil Merline Director S-Sale D Common Stock 15,000 65.00 975.0K 398,529 D
2025-12-04 Saintil Merline Director S-Sale D Common Stock 10,000 48.00 480.0K 413,529 D
2025-11-26 Klein Frank Officer S-Sale D Common Stock 4,236 41.96 177.7K 1,269,987 D
2025-11-26 Kampani Arjun Officer S-Sale D Common Stock 9,506 41.96 398.9K 451,508 D
2025-11-24 Spice Adam C. Officer S-Sale D Common Stock 257 41.35 10.6K 1,995,373 D
2025-11-24 Klein Frank Officer S-Sale D Common Stock 171 41.35 7.1K 1,274,223 D
2025-11-24 Kampani Arjun Officer S-Sale D Common Stock 21,355 40.86 872.5K 461,131 D
2025-11-24 Beck Peter Director / Officer S-Sale D Common Stock 77 41.35 3.2K 902,942 D
2025-11-22 Spice Adam C. Officer S-Sale D Common Stock 15,633 40.02 625.7K 2,042,367 D
2025-11-20 Olson Jon A Director S-Sale D Common Stock 60,400 45.02 2.72M 375,835 D
2025-11-15 Beck Peter Director / Officer A-Award A Common Stock 132,426 0.00 921,799 D
2025-09-19 Spice Adam C. Officer S-Sale D Common Stock 862,588 47.99 41.40M 2,069,889 D
2025-09-18 Spice Adam C. Officer M-Exempt A Common Stock 1,867,496 1.09 2.04M 2,932,477 D
2025-09-18 Slusky Alexander R Director G-Gift D Common Stock 35,000 0.00 88,849 D
2025-09-17 Klein Frank Officer S-Sale D Common Stock 1,849 47.31 87.5K 1,318,442 D
2025-09-17 Kampani Arjun Officer S-Sale D Common Stock 6,416 47.95 307.7K 489,629 D
2025-09-16 Spice Adam C. Officer S-Sale D Common Stock 3,624 51.63 187.1K 1,064,981 D
2025-09-16 Ocko Matthew Director S-Sale D Common Stock 24,955 52.23 1.30M 1,331,569 I
2025-09-16 Klein Frank Officer S-Sale D Common Stock 9,169 49.41 453.1K 1,327,169 D
2025-09-16 Kampani Arjun Officer S-Sale D Common Stock 14,549 48.60 707.1K 510,035 D
2025-09-16 Beck Peter Director / Officer S-Sale D Common Stock 724,204 48.90 35.41M 2,670,530 I
2025-09-15 Beck Peter Director / Officer S-Sale D Common Stock 33,981 54.96 1.87M 3,936,442 I
2025-08-27 Slusky Alexander R Director A-Award A Common Stock 3,960 0.00 123,849 D
2025-08-27 Saintil Merline Director A-Award A Common Stock 3,960 0.00 423,529 D
2025-08-27 Possenriede Kenneth R Director A-Award A Common Stock 3,960 0.00 94,178 D
2025-08-27 Olson Jon A Director A-Award A Common Stock 3,960 0.00 436,235 D
2025-08-27 Frank Edward H. Director A-Award A Common Stock 3,960 0.00 150,004 D
2025-08-27 Armagno Nina Director A-Award A Common Stock 3,960 0.00 136,254 D
2025-07-23 Khosla Ventures V, L.P. 10% Owner J-Other D Common Stock 3,000,000 0.00 16,323,617 I
2025-07-02 Khosla Ventures V, L.P. 10% Owner J-Other D Common Stock 2,000,000 0.00 19,323,617 I
2025-06-24 Saintil Merline Director S-Sale D Common Stock 4,053 33.15 134.3K 421,869 D
2025-06-20 Saintil Merline Director S-Sale D Common Stock 1,700 28.75 48.9K 430,575 D
2025-06-17 Beck Peter Director / Officer / 10% Owner C-Conversion D Series A Convertible Participating Preferred Stock 5,000,000 0.00 45,951,250 I
2025-06-13 Ocko Matthew Director S-Sale D Common Stock 582,932 26.01 15.16M 2,663,139 I
2025-06-12 Ocko Matthew Director S-Sale D Common Stock 142,178 26.44 3.76M 3,246,071 I
2025-06-09 Klein Frank Officer S-Sale D Common Stock 2,546 30.00 76.4K 1,365,826 D
2025-06-09 Kampani Arjun Officer S-Sale D Common Stock 5,194 30.00 155.8K 530,230 D
2025-06-02 Klein Frank Officer S-Sale D Common Stock 1,818 26.51 48.2K 1,368,372 D
2025-06-02 Kampani Arjun Officer S-Sale D Common Stock 5,194 26.52 137.7K 535,424 D
2025-05-30 Spice Adam C. Officer S-Sale D Common Stock 63,444 26.66 1.69M 1,133,235 D
2025-05-30 Klein Frank Officer S-Sale D Common Stock 44,885 26.66 1.20M 1,370,190 D
2025-05-30 Kampani Arjun Officer S-Sale D Common Stock 28,988 26.66 772.8K 540,618 D
2025-05-28 Klein Frank Officer S-Sale D Common Stock 2,569 29.97 77.0K 1,415,075 D
2025-05-28 Kampani Arjun Officer S-Sale D Common Stock 5,277 29.97 158.2K 569,606 D
2025-03-17 Klein Frank Officer S-Sale D Common Stock 1,835 19.93 36.6K 1,417,644 D
2025-03-17 Kampani Arjun Officer S-Sale D Common Stock 5,277 19.35 102.1K 574,883 D
2025-03-14 Spice Adam C. Officer S-Sale D Common Stock 62,843 18.18 1.14M 1,196,679 D
2025-03-14 Klein Frank Officer S-Sale D Common Stock 44,553 18.18 810.0K 1,419,479 D
2025-03-14 Kampani Arjun Officer S-Sale D Common Stock 28,836 18.18 524.3K 580,160 D
2025-02-04 Khosla Ventures V, L.P. 10% Owner J-Other D Common Stock 1,000,000 0.00 21,323,617 I
2025-02-03 Khosla Ventures V, L.P. 10% Owner J-Other D Common Stock 1,000,000 0.00 22,323,617 I
2025-01-31 Khosla Ventures V, L.P. 10% Owner J-Other D Common Stock 1,000,000 0.00 23,323,617 I
2025-01-30 Khosla Ventures V, L.P. 10% Owner J-Other D Common Stock 1,000,000 0.00 24,323,617 I
2025-01-29 Khosla Ventures V, L.P. 10% Owner J-Other D Common Stock 1,000,000 0.00 25,323,617 I
2025-01-13 Khosla Ventures V, L.P. 10% Owner J-Other D Common Stock 5,000,000 0.00 26,323,617 I
2025-01-10 Khosla Ventures V, L.P. 10% Owner J-Other D Common Stock 1,500,000 0.00 31,323,617 I
2025-01-07 Beck Peter Director / Officer / 10% Owner D-Return D Common Stock 50,951,250 0.00 5.1K 0 I
2024-12-11 Frank Edward H. Director G-Gift D Common Stock 20,000 0.00 146,044 D
2024-12-11 Armagno Nina Director S-Sale D Common Stock 10,000 23.63 236.3K 132,294 D
2024-12-03 Slusky Alexander R Director S-Sale D Common Stock 50,000 23.00 1.15M 534,675 I
2024-12-03 Beck Peter Director / Officer / 10% Owner A-Award A Common Stock 157,875 0.00 789,373 D
2024-12-02 Slusky Alexander R Director S-Sale D Common Stock 50,000 24.28 1.21M 584,675 I
2024-11-29 Khosla Ventures V, L.P. 10% Owner J-Other D Common Stock 5,000,000 0.00 32,823,617 I
2024-11-26 Saintil Merline Director S-Sale D Common Stock 50,000 25.55 1.28M 432,275 D
2024-11-25 Spice Adam C. Officer S-Sale D Common Stock 62,511 24.15 1.51M 1,259,522 D
2024-11-25 Klein Frank Officer S-Sale D Common Stock 35,968 24.15 868.5K 1,464,032 D
2024-11-25 Kampani Arjun Officer S-Sale D Common Stock 28,562 24.15 689.6K 608,996 D
2024-11-19 Olson Jon A Director S-Sale D Common Stock 50,000 20.69 1.03M 432,275 D
2024-11-15 Ocko Matthew Director S-Sale D Common Stock 973,192 18.21 17.73M 1,377,943 I
2024-11-14 Ocko Matthew Director S-Sale D Common Stock 1,421,785 17.73 25.20M 5,781,250 I
2024-09-19 Possenriede Kenneth R Director A-Award A Common Stock 23,421 0.00 90,218 D
2024-09-19 Klein Frank Officer A-Award A Common Stock 1,300,000 0.00 1,500,000 D
2024-09-19 Armagno Nina Director A-Award A Common Stock 17,998 0.00 142,294 D
2024-09-16 Slusky Alexander R Director G-Gift D Common Stock 156,361 0.00 0 I
2024-09-16 Klein Frank Officer Common Stock 0 0.00 200,000 D
2024-08-26 KHOSLA VENTURES SEED B, L.P. 10% Owner J-Other D Common Stock 152,591 0.00 0
2024-08-22 Spice Adam C. Officer S-Sale D Common Stock 62,512 6.96 435.1K 1,321,165
2024-08-22 Kampani Arjun Officer S-Sale D Common Stock 28,563 6.96 198.8K 637,558
2024-08-22 GRIFFIN MICHAEL D Director S-Sale D Common Stock 39,446 6.90 272.2K 0
2024-08-21 Possenriede Kenneth R Director A-Award A Common Stock 66,797 0.00 66,797
2024-08-14 GRIFFIN MICHAEL D Director J-Other D Common Stock 39,446 0.00 42,353
2024-08-12 KHOSLA VENTURES SEED B, L.P. 10% Owner J-Other D Common Stock 10,752,561 0.00 2,688,142
2024-06-12 Slusky Alexander R Director A-Award A Common Stock 42,353 0.00 119,889
2024-06-12 Saintil Merline Director A-Award A Common Stock 42,353 0.00 482,275
2024-06-12 Olson Jon A Director A-Award A Common Stock 42,353 0.00 482,275
2024-06-12 GRIFFIN MICHAEL D Director A-Award A Common Stock 42,353 0.00 81,799
2024-06-12 Frank Edward H. Director A-Award A Common Stock 42,353 0.00 166,044
2024-06-12 Armagno Nina Director A-Award A Common Stock 42,353 0.00 124,296
2024-05-24 Spice Adam C. Officer S-Sale D Common Stock 63,529 4.22 267.9K 1,383,677
2024-05-24 Kampani Arjun Officer S-Sale D Common Stock 29,026 4.22 122.4K 666,121
2024-05-09 Strohband Sven Director J-Other A Common Stock 25,104 0.00 324,341
2024-05-09 KHOSLA VENTURES SEED B, L.P. 10% Owner J-Other D Common Stock 10,752,561 0.00 13,440,703
2024-03-11 Strohband Sven Director J-Other A Common Stock 59,464 0.00 299,237
2024-03-11 KHOSLA VENTURES SEED B, L.P. 10% Owner J-Other D Common Stock 10,752,561 0.00 24,193,264
2024-03-05 Spice Adam C. Officer S-Sale D Common Stock 67,160 4.25 285.6K 1,442,206
2024-03-05 Kampani Arjun Officer S-Sale D Common Stock 31,394 4.25 133.5K 695,147
2024-01-06 Kampani Arjun Officer A-Award A Common Stock 220,594 0.00 726,541
2023-11-29 Spice Adam C. Officer S-Sale D Common Stock 57,721 4.46 257.6K 1,509,366
2023-11-29 Kampani Arjun Officer S-Sale D Common Stock 19,443 4.46 86.8K 505,947
2023-10-30 Armagno Nina Director A-Award A Common Stock 81,943 0.00 81,943
2023-09-12 Frank Edward H. Director A-Award A Common Stock 16,656 0.00 123,691
2023-09-11 Beck Peter Director / Officer / 10% Owner S-Sale D Common Stock 3,600,000 5.62 20.23M 50,951,250
2023-08-30 GRIFFIN MICHAEL D Director S-Sale D Common Stock 38,090 6.34 241.6K 0
2023-08-25 Spice Adam C. Officer S-Sale D Common Stock 61,377 5.74 352.5K 1,566,293
2023-08-25 Kampani Arjun Officer S-Sale D Common Stock 20,675 5.74 118.7K 525,390
2023-06-16 GRIFFIN MICHAEL D Director A-Award A Common Stock 38,090 0.00 38,090
2023-06-14 Slusky Alexander R Director A-Award A Common Stock 39,446 0.00 77,536
2023-06-14 Saintil Merline Director A-Award A Common Stock 39,446 0.00 439,922
2023-06-14 Olson Jon A Director A-Award A Common Stock 39,446 0.00 439,922
2023-06-14 GRIFFIN MICHAEL D Director A-Award A Common Stock 39,446 0.00 77,536
2023-06-14 Frank Edward H. Director A-Award A Common Stock 39,446 0.00 107,035
2023-06-06 GRIFFIN MICHAEL D Director S-Sale D Common Stock 50,689 5.00 253.4K 0
2023-05-26 Spice Adam C. Officer S-Sale D Common Stock 66,582 4.50 299.4K 1,619,586
2023-05-26 Kampani Arjun Officer S-Sale D Common Stock 22,428 4.50 100.8K 546,065
2023-05-25 GRIFFIN MICHAEL D Director J-Other D Common Stock 50,689 0.00 38,090
2023-05-17 GRIFFIN MICHAEL D Director S-Sale D Common Stock 50,689 4.40 223.0K 0
2023-03-09 Spice Adam C. Officer S-Sale D Common Stock 64,189 4.23 271.8K 1,686,168
2023-03-09 Kampani Arjun Officer S-Sale D Common Stock 22,532 4.23 95.4K 568,493
2023-03-01 GRIFFIN MICHAEL D Director J-Other D Common Stock 50,689 0.00 88,779
2022-12-12 GRIFFIN MICHAEL D Director S-Sale D Common Stock 50,688 4.12 208.8K 0
2022-11-28 GRIFFIN MICHAEL D Director J-Other D Common Stock 50,688 0.00 139,468
2022-11-25 Spice Adam C. Officer S-Sale D Common Stock 45,659 4.22 192.7K 1,750,357
2022-11-25 Kampani Arjun Officer S-Sale D Common Stock 13,810 4.22 58.3K 591,025
2022-11-16 Bessemer Venture Partners VIII L.P. Director J-Other D Common Stock 8,142,482 0.00 57,023,508
2022-09-13 O'Donnell Shaun Officer S-Sale D Common Stock 200,000 5.63 1.13M 705,485
2022-09-09 GRIFFIN MICHAEL D Director J-Other D Common Stock 456,190 0.00 456,190
2022-09-06 Saintil Merline Director M-Exempt A Common Stock 362,386 0.00 400,476
2022-09-06 Olson Jon A Director M-Exempt A Common Stock 362,386 0.00 400,476
2022-09-06 O'Donnell Shaun Officer M-Exempt A Common Stock 724,772 0.00 905,485 D
2022-09-06 GRIFFIN MICHAEL D Director M-Exempt A Common Stock 608,256 0.00 646,346
2022-09-02 Frank Edward H. Director A-Award A Common Stock 67,589 0.00 67,589
2022-08-24 Spice Adam C. Officer S-Sale D Common Stock 41,508 5.25 217.9K 1,796,016
2022-08-24 Kampani Arjun Officer S-Sale D Common Stock 14,121 5.25 74.1K 604,835
2022-08-24 Deer VIII & Co. Ltd. Director J-Other D Common Stock 4,071,241 0.00 65,165,990
2022-08-24 Bessemer Venture Partners VIII L.P. 10% Owner J-Other D Common Stock 4,071,241 0.00 65,165,990
2022-06-23 Slusky Alexander R Director A-Award A Common Stock 38,090 0.00 38,090
2022-06-23 Saintil Merline Director A-Award A Common Stock 38,090 0.00 38,090
2022-06-23 Olson Jon A Director A-Award A Common Stock 38,090 0.00 38,090
2022-06-23 GRIFFIN MICHAEL D Director A-Award A Common Stock 38,090 0.00 38,090
2022-06-23 COWAN DAVID J/CA Director A-Award A Common Stock 38,090 0.00 294,310
2022-06-01 Deer VIII & Co. Ltd. Director J-Other D Common Stock 4,071,241 0.00 69,237,231
2022-06-01 Bessemer Venture Partners VIII L.P. 10% Owner J-Other D Common Stock 4,071,241 0.00 69,237,231
2022-05-17 Strohband Sven Director J-Other A Common Stock 172,221 0.00 239,773
2022-05-17 KHOSLA VINOD Director J-Other D Common Stock 14,547,545 0.00 37,823,617
2022-05-17 KHOSLA VENTURES SEED B, L.P. 10% Owner J-Other D Common Stock 762,952 0.00 1,983,677
2022-05-12 Spice Adam C. Officer A-Award A Common Stock 1,837,524 0.00 1,837,524
2022-05-12 Kampani Arjun Officer A-Award A Common Stock 618,956 0.00 618,956
2022-04-11 Kampani Arjun Officer 0 0.00 0
2022-03-14 Strohband Sven Director J-Other A Common Stock 67,552 0.00 67,552
2022-03-14 KHOSLA VINOD Director J-Other D Common Stock 5,819,018 0.00 52,371,162
2022-03-14 KHOSLA VENTURES SEED B, L.P. 10% Owner J-Other D Common Stock 305,180 0.00 2,746,629
2022-03-03 Deer VIII & Co. Ltd. Director J-Other D Common Stock 8,142,482 0.00 73,308,472
2022-03-03 Bessemer Venture Partners VIII L.P. 10% Owner J-Other D Common Stock 8,142,482 0.00 73,308,472
2021-08-25 Vector Acquisition Partners, L.P. 10% Owner 0 0.00 0
2021-08-25 Strohband Sven Director 0 0.00 0
2021-08-25 Spice Adam C. Officer D Employee Stock Option (right to buy) 5,121,651 1.09 5.58M 0
2021-08-25 Saintil Merline Director Restricted Stock Units 362,386 0.00 0 D
2021-08-25 Olson Jon A Director Earnout Rights (restricted stock units) 29,284 0.00 0 D
2021-08-25 Ocko Matthew Director I Earnout Rights (common stock) 582,071 0.00 0
2021-08-25 O'Donnell Shaun Officer D Restricted Stock Units 724,772 0.00 0
2021-08-25 KHOSLA VENTURES SEED B, L.P. 10% Owner I Common Stock 0 0.00 3,051,809
2021-08-25 GRIFFIN MICHAEL D Director D Earnout Rights (restricted stock units) 49,152 0.00 0
2021-08-25 COWAN DAVID J/CA Director I Earnout Rights (Common Stock) 0 0.00 0
2021-08-25 Bessemer Venture Partners VIII L.P. 10% Owner I Earnout Rights (Common Stock) 6,581,983 0.00 0
2021-08-25 Beck Peter Director / Officer / 10% Owner I Earnout Rights (common stock) 4,408,241 0.00 0
2020-10-20 Vector Acquisition Partners, L.P. 10% Owner J-Other D Class B Ordinary Shares 625,000 0.00 7,950,000
2020-09-24 Vector Acquisition Partners, L.P. 10% Owner D Class B ordinary shares 8,575,000 0.00 0
2020-09-24 Slusky Alexander R Director / Officer 0 0.00 0
2020-09-24 Kennedy David P Director D Class B ordinary shares 25,000 0.00 0
2020-09-24 Herr John Director D Class B ordinary shares 25,000 0.00 0
2020-09-24 Fishman David Officer 0 0.00 0
2020-09-24 Baylor David A Officer 0 0.00 0

Executive team

Top executives
EBIT / Employee
-95.0K
Shares Outstanding
575.77M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2023 Peter Beck President, Chief Executive Officer and Chairman of the Board 500.0K 462.7K 962.7K 0.00%
2 2023 Adam Spice Chief Financial Officer 407.0K 268.2K 13.1K 688.3K 0.00%
3 2023 Arjun Kampani Senior Vice President, General Counsel and Corporate Secretary 400.0K 185.1K 16.5K 600.6K 0.00%
4 2022 Adam Spice Chief Financial Officer 383.1K 202.9K 9.54M 7.8K 10.13M 94.14%
5 2022 Arjun Kampani Senior Vice President, General Counsel and Corporate Secretary 284.6K 108.5K 3.21M 3.5K 3.61M 89.01%
6 2022 Arjun Kampani Senior Vice President, General Counsel and Corporate Secretary 284.6K 108.5K 3.21M 3.5K 3.61M 89.01%
7 2022 Peter Beck President, Chief Executive Officer and Chairman of the Board 486.8K 350.0K 1.1K 837.8K 0.00%
8 2022 Shaun O’Donnell Chief Engineer – Special Projects 284.7K 41.8K 326.5K 0.00%
9 2021 Shaun O’Donnell Executive Vice President, Global Operations 232.6K 4.93M 5.17M 95.50%
10 2021 Shaun O’Donnell Chief Engineer – Special Projects 232.6K 4.93M 5.17M 95.50%
11 2021 Adam Spice Chief Financial Officer 315.8K 4.71M 6.2K 5.03M 93.60%
12 2021 Peter Beck President, Chief Executive Officer and Chairman of the Board 306.5K 18.8K 325.2K 0.00%
13 2021 Peter Beck President Chief Executive Officer and Chairman 306.5K 18.8K 325.2K 0.00%
14 2020 Adam Spice Chief Financial Officer 309.0K 123.6K 6.7K 439.3K 0.00%
15 2020 Peter Beck President, Chief Executive Officer and Chairman of the Board 327.0K 46.4K 373.4K 0.00%
16 2020 Peter Beck President Chief Executive Officer and Chairman 327.0K 46.4K 373.4K 0.00%
17 2020 Shaun O’Donnell Chief Engineer – Special Projects 248.0K 99.3K 347.3K 0.00%
18 2020 Shaun O’Donnell Executive Vice President, Global Operations 248.0K 99.3K 347.3K 0.00%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-04-06 DEFA14A
2026-04-06 DEF 14A
2026-03-27 PRE 14A
2025-08-21 DEFA14A
2025-07-29 DEFA14A
2025-07-11 DEFA14A
2025-07-11 DEF 14A
2025-07-01 PRE 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-07 8-K
2026-05-07 10-Q
2026-04-14 8-K
2026-04-06 DEFA14A
2026-04-06 DEF 14A
2026-04-06 ARS
2026-04-06 3
2026-03-30 SC 13D/A
2026-03-30 8-K
2026-03-27 SC 13G/A

Executive team

NameTitleCompensationGender
Peter Beck Founder, Chairman, President & Chief Executive Officer 800.0K male
Sir Peter Beck Founder, Chairman, President & Chief Executive Officer 800.0K
Adam Spice Chief Financial Officer & Treasurer 455.1K male
Arjun L. Kampani Senior Vice President, General Counsel & Corporate Secretary 447.5K male
Frank Klein Chief Operations Officer 426.0K male
Shaun O'Donnell Chief Engineer of Special Programs 326.5K male
Stephen N. Ananias Vice President of Finance male
Connie Lundgren Vice President of People & Culture female
Ehson Mosleh Space Systems Chief Engineer male
Morgan Bailey Vice President of Marketing & Communications female
Murielle Baker Senior Communications Manager
ESG Rating
B
AEROSPACE & DEFENSE
2026
E (Environmental)
79.1 / 64.9
Company / Sector avg.
S (Social)
72.4 / 68.1
Company / Sector avg.
G (Governance)
68.7 / 66.3
Company / Sector avg.
ESG Total
73.4 / 66.4
Company / Sector avg.
ESG Score History AEROSPACE & DEFENSE
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits