NYSE$RKT

Rocket Companies Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Rocket Companies reported Q1 2026 total net revenue of $2.94B with net income of $297M and diluted EPS of $0.10.

Rocket posted total net revenue of $2.94 billion and net income attributable to Rocket Companies of $297 million ($0.10 diluted EPS) versus a small loss a year ago, driven by mortgage banking and gain-on-sale volumes including Redfin/Zillow partnerships.

  • Total net revenue $2.94B; net income $297M ($0.10 diluted EPS).
  • Mortgage banking and gain-on-sale volumes improved vs prior year.
  • Partnerships with Redfin and Zillow distribution channels.
  • Rate environment and origination volumes key drivers.
  • Servicing portfolio and ancillary businesses support diversification.

Headline financials

Total Revenue

$507M

Previous: $28.1M+1707.4%
EPS (adj)

$0.10

Previous: -$0.08+225.0%
Capital Expenditures

-$43M

Previous: -$14M-207.0%
Free Cash Flow

$1.81B

No prior period
Net Income

$297M

Previous: -$10.4M+2960.4%
Operating Income

-$519M

Previous: -$223M-132.6%
Gross Profit

$507M

No prior period
Cash & Equivalents

$2.69B

No prior period
Total Assets

$59.4B

No prior period

Revenue & EPS history

Rocket Companies · Revenue · Quarterly

$507M

Q1 2026+1,707.4%vs Q1 2025
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Revenue by segment

Rocket Companies · $1.1B total across 2 segments · Q3 2023

  • Direct to Consumer
    $979M-12.1%
  • Partner Network
    $123M+25.5%

Forward guidance

Rocket discusses mortgage rate outlook and market share; quarterly origination guidance typically in earnings release — 10-Q references market conditions.

Tailwinds

  • Return to profitability on higher volumes.
  • Technology platform and partner channel growth.

Headwinds

  • Interest rate and housing market sensitivity.
  • Gain-on-sale margin compression risk.
  • Regulatory scrutiny on mortgage industry.

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 Q1 2026

Historical avgQ1 2026

+0.6%

Avg return

Earnings day

+5.6%

Avg return

5 days after

+2.2%

Avg return

30 days after

50%

12 / 24 earnings

Positive

+14.8%

Q3 2023

Best reaction

-15.5%

Q1 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.4%-14.9%-20.1%
Q4 2025+2.4%-6.4%-23.1%
Q3 2025+6.0%+2.3%+25.3%
Q2 2025+0.0%+11.4%+21.8%
Q1 2025-4.7%+8.2%+9.6%
Q4 2024+9.1%+16.1%+1.6%
Q3 2024-10.3%-13.7%-20.6%
Q2 2024+6.5%+13.2%+21.4%
Q1 2024+7.6%+13.1%+12.5%
Q4 2023+5.1%+8.6%+28.5%
Q3 2023+14.8%+8.5%+31.2%
Q2 2023+8.5%+10.4%+2.1%
Q1 2023-2.2%-4.3%-4.2%
Q4 2022+1.9%+9.6%+11.5%
Q3 2022-4.5%-0.6%+27.2%
Q2 2022-2.9%-6.0%-25.7%
Q1 2022-11.9%-3.5%-0.6%
Q4 2021+10.4%+20.8%-6.1%
Q3 2021-2.4%-4.3%-10.9%
Q2 2021+9.4%+2.0%-5.7%
Q1 2021-15.5%-21.5%-12.1%
Q4 2020+7.5%+104.7%+17.7%
Q3 2020-1.8%+1.9%-3.0%
Q2 2020-13.7%-20.0%-25.1%
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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