Rocket Companies, Inc.'s Stock Analysis

Rocket Companies Reports Q1 2026 Financial Results and Metrics

Rocket Companies, Inc. reported its financial results for the first quarter of 2026, generating total revenue of $2.94 billion and adjusted revenue of $2.82 billion, exceeding guidance expectations. The company recorded a GAAP net income of $297 million and an adjusted net income of $422 million, with an adjusted EBITDA of $738 million. The total net rate lock volume reached $49.4 billion, while the closed mortgage loan origination volume was $44.7 billion, indicating strong operational performance despite market challenges.

As of March 31, 2026, Rocket Companies maintained a total liquidity of $9.4 billion, which includes $2.7 billion in cash and cash equivalents. The company has made significant progress in integrating the Mr. Cooper acquisition, with expectations to realize $400 million in expense synergies by the end of 2026. Additionally, the launch of AI prospecting tools is enhancing loan officer productivity and conversion rates, contributing to an increase in home equity and jumbo loans, which more than doubled year-over-year.

May 07, 2026 17:22:13

Rocket Companies Reports First Quarter 2026 Financial Results

Rocket Companies, Inc. reported total revenue of $2.94 billion for the first quarter of 2026, with an adjusted revenue of $2.82 billion, exceeding the company's guidance range. The GAAP net income for the quarter was $297 million, while the adjusted net income stood at $422 million. The company generated $49.4 billion in total net rate lock volume and closed $44.7 billion in mortgage loan origination volume, with a total gain on sale margin of 2.74%. As of March 31, 2026, Rocket Companies had total liquidity of $9.4 billion, which includes $2.7 billion in cash and cash equivalents and $2.3 billion in undrawn lines of credit.

The integration of the Mr. Cooper acquisition is ahead of schedule, with significant milestones achieved, including the migration of more than half of the servicing portfolio to a unified platform. The company has also launched initiatives to enhance its offerings, such as the 'Power Play' initiative for mortgage brokers and AI prospecting tools to improve conversion rates. Additionally, Rocket Companies continues to expand its community initiatives and has committed $500 million over ten years to support housing and economic development efforts. The company expects adjusted revenue for the second quarter of 2026 to be between $2.7 billion and $2.9 billion.

May 07, 2026 17:22:13

Rocket Companies Reports Q4 and Full Year 2025 Financial Results

Rocket Companies, Inc. announced its financial results for the fourth quarter and full year ended December 31, 2025, reporting total revenue of $2.69 billion for Q4 and a GAAP net income of $68 million. The company achieved adjusted revenue of $2.44 billion, surpassing its guidance, and reported an adjusted net income of $316 million. For the full year, Rocket Companies generated total revenue of $6.7 billion, with a GAAP net loss of $234 million, while adjusted revenue reached $6.9 billion, resulting in adjusted net income of $628 million.

The company also highlighted a strategic alliance with Compass International Holdings aimed at expanding housing inventory and improving home buying experiences. Key metrics included a total liquidity position of $10.1 billion as of December 31, 2025, and a purchase market share increase to 5.5% in Q4 2025, up from 3.8% the previous year. Additionally, Rocket Mortgage reported a net client retention rate of 97% for the year, indicating strong customer loyalty.

Feb 26, 2026 17:22:05

Rocket Companies Reports Q4 2025 Financial Results and Updates

Rocket Companies, Inc. announced its financial results for the fourth quarter and full year ended December 31, 2025, reporting total net revenue of $2.69 billion for Q4 with a GAAP net income of $68 million. The adjusted revenue for Q4 was $2.44 billion, exceeding guidance, while the full year net revenue totaled $6.7 billion, resulting in a GAAP net loss of $234 million. The company generated significant mortgage loan origination volumes, with Q4 metrics marking the highest for a fourth quarter in four years.

Additionally, Rocket Companies formed a three-year strategic alliance with Compass International Holdings to enhance housing inventory and improve the home buying experience. The company appointed Brian Brown as President while maintaining his role as CFO. Rocket's liquidity stood at $10.1 billion as of December 31, 2025, and the company reported a 97% client retention rate for Rocket Mortgage, indicating strong customer loyalty. The company also launched fully digital purchase pre-approvals and integrated new AI-powered communication tools for its loan officers.

Feb 26, 2026 17:22:05

Rocket Companies Reports Anticipated Q4 Volume and Margins

Rocket Companies, led by CEO Varun Krishna, announced expectations for its highest fourth quarter net rate lock volume and gain on sale margin since Q4 2021. These preliminary results are set to be detailed in the upcoming fourth quarter and full year 2025 earnings report scheduled for February 26, 2026.

A conference call to discuss the financial results will take place at 4:30 p.m. ET on the same day, with a press release issued prior to the call. Investors can access a live webcast of the event on the Company’s Investor Relations website, where a replay will also be available afterward.

Feb 03, 2026 16:37:14

Rocket Companies Extends Master Repurchase Agreement to 2027

Rocket Mortgage, LLC has entered into an amendment to its Master Repurchase Agreement, extending the expiration date from October 3, 2026, to December 17, 2027. This amendment includes technical changes and was executed with Bank of America, N.A. as the buyer. As of December 19, 2025, the total funding capacity of Rocket Mortgage, LLC stands at $25.9 billion, down from $26.4 billion as of September 30, 2025, and $27.5 billion as of December 31, 2024.

Additionally, Rocket Companies corrected an inadvertent date error in its proxy statement, confirming that the deadline for stockholders to submit proposals for the 2026 annual meeting is January 29, 2026. This correction is in accordance with Rule 14a-8 of the Securities Exchange Act of 1934.

Dec 22, 2025 17:09:17

Rocket Companies Extends Master Repurchase Agreement Expiration Date

Rocket Mortgage, LLC, a subsidiary of Rocket Companies, has amended its Master Repurchase Agreement with Morgan Stanley, extending the expiration date from December 23, 2026, to November 26, 2027. This amendment also included some technical changes to the agreement.

As of November 26, 2025, the total funding capacity of Rocket Mortgage remains at $26.4 billion, unchanged from September 30, 2025, and down from $27.5 billion as of December 31, 2024. This funding capacity encompasses various financial agreements, including master repurchase agreements and lines of credit.

Nov 26, 2025 16:13:11

Rocket Companies Reports Q3 2025 Financial Results

Rocket Companies, Inc. announced its financial results for the third quarter of 2025, reporting total revenue of $1.61 billion and adjusted revenue of $1.78 billion, exceeding the high end of guidance. The company experienced a GAAP net loss of $124 million but achieved an adjusted net income of $158 million. Rocket reported a 20% increase in net mortgage rate lock volume and a 14% increase in closed mortgage loan origination volume compared to the same period last year. Total liquidity stood at $9.3 billion, including $5.8 billion in cash, as of September 30, 2025.

Additionally, the company completed the all-stock acquisition of Mr. Cooper Group, which is now the largest home loan servicer in the U.S. This acquisition is expected to enhance Rocket’s market position and financial flexibility. The company also launched several AI-driven tools to improve operational efficiency and client service. As of October 1, Rocket Companies raised its conforming loan limit to $825,550 across 48 states, further expanding access to mortgage financing.

Oct 30, 2025 17:13:25

Rocket Companies Completes Acquisition of Mr. Cooper Group

On October 1, 2025, Rocket Companies, Inc. completed the acquisition of Mr. Cooper Group Inc., resulting in Mr. Cooper becoming a wholly owned subsidiary of Rocket. Each share of Mr. Cooper common stock was converted into 11 shares of Rocket's Class A common stock, along with cash for fractional shares. The merger is expected to have significant implications for Rocket's operations and financial structure.

Additionally, Rocket Companies completed exchange offers for existing senior notes, resulting in the issuance of new senior notes due in 2029 and 2032. The new notes were fully guaranteed by Rocket Mortgage and certain subsidiaries of Mr. Cooper. The overall debt structure has been adjusted, and the company has increased its revolving credit facility from $1.15 billion to $2.3 billion as part of the transaction. Changes to the board of directors were also made, including the appointment of Varun Krishna as President and the addition of Jay Bray and Tagar Olson as directors.

Oct 01, 2025 16:17:17

Rocket Companies Extends Repurchase Agreement Expiration Date

Rocket Mortgage, LLC, a subsidiary of Rocket Companies, has entered into an amendment to its Master Repurchase Agreement with UBS AG, extending the expiration date from November 24, 2026, to September 16, 2027. This amendment includes technical changes to the existing agreement and is part of the company's ongoing financing arrangements.

Following this amendment, Rocket Companies' total funding capacity, which includes various financial agreements, is reported to be $26.4 billion. This amount reflects a slight increase from $26.2 billion as of June 30, 2025, but a decrease from $27.5 billion at the end of 2024.

Sep 24, 2025 16:03:33