NYSE$COMP

Compass Inc. · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Compass reported strong revenue growth and improved market share in Q4 2024.

Compass, Inc. saw a 25.9% YoY revenue growth in Q4 2024, reaching $1.38 billion. The company reduced its net loss to $40.5 million, improved Adjusted EBITDA to $16.7 million, and generated $30.5 million in operating cash flow. Market share increased to 5.06%, with transactions up 24.1%.

  • Revenue increased by 25.9% YoY to $1.38 billion.
  • Net loss improved to $40.5 million from $83.7 million in Q4 2023.
  • Adjusted EBITDA reached $16.7 million, a $40.4 million improvement.
  • Compass agents closed 50,411 transactions, up 24.1% YoY.

Headline financials

Total Revenue

$1.38B

Previous: $1.1B+25.9%
EPS (adj)

-$0.08

Previous: -$0.17+52.9%
Principal Agents

17.8K

Previous: 14.7K+20.9%
Total Transactions

50.4K

Previous: 40.6K+24.1%
Gross Transaction Value

$54B

Previous: $41.8B+29.2%
Adjusted EBITDA

$16.7M

No prior period
Net Income

-$40.5M

Previous: -$83.7M+51.6%
Operating Income

-$40.6M

Previous: -$80.9M+49.8%

Revenue & EPS history

Compass · Revenue · Quarterly

$1.38B

Q4 2024+25.9%vs Q4 2023
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

Compass expects continued revenue growth and market share expansion in 2025, supported by its proprietary technology and cost discipline.

Tailwinds

  • Expected Q1 2025 revenue between $1.35B and $1.475B.
  • Adjusted EBITDA guidance for Q1 2025 ranges from $11M to $25M.
  • Full-year 2025 OPEX guidance is $1.005B to $1.03B.
  • Company expects to remain free cash flow positive for full-year 2025.
  • Continued expansion of Christie's International Real Estate brand expected to drive further market share gains.

Headwinds

  • Real estate market remains uncertain due to macroeconomic factors.
  • Mortgage rates could impact transaction volume in 2025.
  • Company continues to incur stock-based compensation expenses.
  • Litigation and regulatory challenges remain a financial risk.
  • Cost pressures from expansion efforts, including the Christie's acquisition.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+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

Earnings price reactions
QuarterReport dateReaction (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

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