Rocket Companies (RKT)
Connects home search, mortgages, closing, and servicing through a digital homeownership platform.
$12.75
After hours+0.03 (+0.24%)
At close$12.72(+2.91%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,270 | 771 | 1,435 | 1,382 | 749 | 1,835 | 1,101 | 1,451 | 1,790 | 2,497 | 2,738 | 2,641 |
| Cost of revenue | 105 | 116 | 90 | 120 | 140 | 119 | 102 | 149 | 78 | 314 | 292 | 290 |
| Gross profit | 1,165 | 655 | 1,345 | 1,262 | 608 | 1,716 | 999 | 1,303 | 1,712 | 2,183 | 2,446 | 2,351 |
| 1,047 | 898 | 1,047 | 1,070 | 1,106 | 1,041 | 1,222 | 1,278 | 1,668 | 1,679 | 1,697 | 1,696 | |
| Research & development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 78 | 0 | 0 |
| 982 | 835 | 984 | 997 | 1,029 | 968 | 1,146 | 1,152 | 629 | −400 | 880 | 859 | |
| Selling & marketing | 193 | 143 | 206 | 211 | 201 | 206 | 276 | 276 | 274 | 262 | 345 | 291 |
| General & administrative | 789 | 692 | 778 | 786 | 829 | 762 | 870 | 876 | 355 | −662 | 535 | 568 |
| Other expenses | 65 | 63 | 63 | 73 | 77 | 73 | 76 | 126 | 1,039 | 2,001 | 817 | 837 |
| Operating income | 118 | −243 | 298 | 192 | −497 | 675 | −223 | 24 | 44 | 504 | 749 | 655 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −228 | −335 | −349 | −374 | |
| Interest income | 94 | 86 | 89 | 112 | 109 | 103 | 92 | 124 | 126 | 159 | 507 | 583 |
| Interest expense | 105 | 116 | 90 | 120 | 140 | 119 | 102 | 149 | 228 | 335 | 349 | 374 |
| Income before tax | 118 | −243 | 298 | 192 | −497 | 675 | −223 | 24 | −184 | 169 | 400 | 281 |
| Income tax expense | 3 | −10 | 8 | 14 | −16 | 26 | −11 | −10 | −60 | 101 | 103 | 52 |
| Net income from continuing operations | 115 | −233 | 291 | 178 | −481 | 649 | −212 | 34 | −124 | 68 | 297 | 229 |
| Net income | 6 | −11 | 16 | 1 | −22 | 34 | −10 | −2 | −124 | 68 | 297 | 230 |
| EPS, basic | $0.05 | −$0.08 | $0.12 | $0.01 | −$0.16 | $0.23 | −$0.07 | −$0.01 | −$0.06 | $0.02 | $0.11 | $0.08 |
| EPS, diluted | $0.00 | −$0.01 | $0.01 | $0.00 | −$0.01 | $0.02 | −$0.01 | −$0.00 | −$0.06 | $0.02 | $0.10 | $0.08 |
| Weighted average shares, basic | 129 | 134 | 137 | 140 | 142 | 146 | 148 | 171 | 2,106 | 2,826 | 2,828 | 2,832 |
| Weighted average shares, diluted | 1,984 | 1,987 | 1,992 | 1,998 | 2,003 | 2,055 | 2,055 | 2,055 | 2,106 | 2,843 | 2,847 | 2,844 |
| EBITDA | 145 | −216 | 325 | 220 | −469 | 704 | −196 | 52 | 122 | 661 | 895 | 800 |
| Depreciation & amortization | 28 | 27 | 27 | 28 | 29 | 29 | 27 | 28 | 78 | 157 | 146 | 145 |
| EBIT | 118 | −243 | 298 | 192 | −497 | 675 | −223 | 24 | 44 | 504 | 749 | 655 |
