NYSE$COMP
Compass Inc. · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Compass reported strong revenue growth and improving Adjusted EBITDA as agents increasingly utilized Compass’ proprietary platform.
Compass reported an 80% year-over-year revenue increase to $1.1 billion in Q1 2021. The company's GAAP net loss was $212 million, which included a one-time non-cash charge of $149 million for stock-based compensation related to the IPO. Excluding this charge, the Non-GAAP Net Loss was $64 million. The company's market share increased to 5.2% in Q1 2021, up from 3.8% in Q1 2020.
- Revenue of $1.1 billion, up 80% year-over-year
- GAAP Net Loss of $212 million includes a one-time non-cash charge of $149 million for stock-based compensation in connection with the Company’s IPO. Excluding this charge, Non-GAAP Net Loss was $64 million
- Total Transactions of 40,268, up 67% year-over-year, faster than the 14% transaction growth for the residential real estate market
- Gross Transaction Value (“GTV”) of $43.8 billion, up 75% year-over-year
Headline financials
Revenue & EPS history
Compass · Revenue · Quarterly
$1.11B
Forward guidance
Compass provided guidance for Q2 2021 with revenue between $1.5 billion and $1.6 billion, and Adjusted EBITDA between $(10) million and $10 million. For FY2021, revenue is expected to be between $5.35 billion and $5.55 billion, and Adjusted EBITDA between $(245) million and $(225) million.
Tailwinds
- 2Q21 Revenue of $1.5 billion to $1.6 billion.
- 2Q21 Adjusted EBITDA of $(10) million to $10 million.
- FY2021 Revenue of $5.35 billion to $5.55 billion.
- FY2021 Adjusted EBITDA of $(245) million to $(225) million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
+8.7%
Avg return
Earnings day
+6.9%
Avg return
5 days after
+3.5%
Avg return
30 days after
48%
10 / 21 earnings
Positive
+89.2%
Q3 2022
Best reaction
-18.8%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.2% | -7.2% | -11.9% | |
| Q4 2025 | -2.7% | -5.1% | -29.2% | |
| Q3 2025 | +7.7% | +9.9% | +33.7% | |
| Q1 2025 | -18.8% | -18.0% | -18.6% | |
| Q4 2024 | +28.3% | +14.0% | +17.7% | |
| Q3 2024 | +17.6% | +23.3% | +31.3% | |
| Q2 2024 | -4.5% | -4.5% | +15.0% | |
| Q1 2024 | +19.4% | +21.2% | +5.9% | |
| Q4 2023 | +15.4% | +16.0% | +8.4% | |
| Q3 2023 | -5.5% | -10.5% | +21.5% | |
| Q2 2023 | -5.2% | -8.4% | -13.5% | |
| Q1 2023 | +43.2% | +38.6% | +39.0% | |
| Q4 2022 | -14.8% | -4.7% | -14.2% | |
| Q3 2022 | +89.2% | +84.9% | +38.9% | |
| Q2 2022 | -5.3% | -23.0% | -34.9% | |
| Q1 2022 | +29.5% | +27.3% | +26.8% | |
| Q4 2021 | +1.8% | -5.7% | -23.3% | |
| Q3 2021 | -8.7% | -10.9% | -17.7% | |
| Q2 2021 | +9.8% | +18.7% | +3.2% | |
| Q4 2020 | -2.1% | -1.7% | +0.6% | |
| Q1 2021 | -11.5% | -8.8% | -5.8% | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro