Rocket Companies, Inc. (RKT) financial statements: income statement, balance sheet and cash flow
Rocket Companies, Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Rocket Companies, Inc. reported revenue of $6.7B (+31.3% year on year).
Income statement
Rocket Companies, Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Gain on sale of loans excluding fair value of originated MSRs, net
$2.1B
$1.7B
$974.0M
$1.2B
Fair value of originated MSRs
$1.7B
$1.3B
$1.1B
$2.0B
Gain on sale of loans, net
$3.8B
$3.0B
$2.1B
$3.1B
Servicing fee income
$2.3B
$1.5B
$1.4B
$1.5B
Change in fair value of MSRs, net
($1.5B)
($578.7M)
($701.0M)
$185.0M
Loan servicing income, net
$787.0M
$883.5M
$700.8M
$1.6B
Interest income
$501.0M
$413.2M
$327.4M
$350.6M
Interest expense on funding facilities
($376.0M)
($315.6M)
($206.6M)
($166.4M)
Interest income, net
$125.0M
$97.6M
$120.9M
$184.2M
Other income
$2.0B
$1.1B
$911.3M
$873.2M
Total revenue, net
$6.7B
$5.1B
$3.8B
$5.8B
Salaries, commissions and team member benefits
$3.3B
$2.3B
$2.3B
$2.8B
General and administrative expenses
$1.4B
$893.2M
$802.9M
$906.2M
Marketing and advertising expenses
$1.1B
$824.0M
$736.7M
$945.7M
Depreciation and amortization
$290.0M
$112.9M
$110.3M
$94.0M
Interest and amortization expense on non-funding debt
$438.0M
$153.6M
$153.4M
$153.6M
Other expenses
$347.0M
$187.8M
$141.7M
$199.2M
Total expenses
$6.9B
$4.4B
$4.2B
$5.1B
(Loss) income before income taxes
($214.0M)
$668.1M
($402.9M)
$741.9M
(Provision for) benefit from income taxes
($20.0M)
($32.2M)
$12.8M
($42.0M)
Net loss (income) attributable to non-controlling interest
$166.0M
($606.5M)
$374.6M
($653.5M)
Net (loss) income attributable to Rocket Companies
($68.0M)
$29.4M
($15.5M)
$46.4M
Basic (in dollars per share)
-$0.05
$0.21
-$0.12
$0.39
Diluted (in dollars per share)
-$0.05
$0.21
-$0.15
$0.28
Basic (in shares)
1.3B
141.0M
128.6M
120.6M
Diluted (in shares)
1.3B
141.0M
2.0B
2.0B
Net (loss) income
($234.0M)
$635.8M
($390.1M)
$699.9M
Cumulative translation adjustment
$1.0M
($1.4M)
($191.0K)
($950.0K)
Comprehensive (loss) income
($233.0M)
—
($390.3M)
—
Comprehensive loss (income) attributable to non-controlling interest
$165.0M
($605.2M)
$374.7M
($653.1M)
Comprehensive (loss) income attributable to Rocket Companies
($68.0M)
$29.3M
($15.5M)
$46.4M
Rocket Companies, Inc. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Gain on sale of loans excluding fair value of originated MSRs, net
$446.0M
$688.0M
$641.7M
$472.4M
Fair value of originated MSRs
$759.0M
$688.0M
$385.7M
$343.5M
Gain on sale of loans, net
$1.2B
$1.4B
$1.0B
$815.9M
Servicing fee income
$1.1B
$1.1B
$413.1M
$401.3M
Change in fair value of MSRs, net
($616.0M)
($485.0M)
($479.6M)
($198.9M)
Loan servicing income, net
$450.0M
$598.0M
($66.5M)
$202.4M
Interest income
$583.0M
$507.0M
$126.5M
$123.5M
Other income
$546.0M
$460.0M
$608.7M
$309.3M
Total revenue, net
$2.8B
$2.9B
$1.6B
$1.4B
Salaries, commissions and team member benefits
$1.1B
$1.1B
$874.8M
$623.5M
General and administrative expenses
$568.0M
$535.0M
$354.6M
$287.4M
Marketing and advertising expenses
$291.0M
$345.0M
$274.3M
$276.1M
Interest expense
$374.0M
$349.0M
—
—
Depreciation and amortization
$145.0M
$146.0M
$78.3M
$27.5M
Other expenses
$75.0M
$87.0M
$70.3M
$63.8M
Total expenses
$2.5B
$2.5B
$1.8B
$1.3B
Income (loss) before income taxes
$281.0M
$400.0M
($184.2M)
$24.3M
(Provision for) benefit from income taxes
($52.0M)
($103.0M)
$60.3M
$9.8M
Net loss (income) attributable to non-controlling interest
$1.0M
$0
$0
($35.9M)
Net income (loss) attributable to Rocket Companies
$230.0M
$297.0M
($123.9M)
($1.8M)
Basic (in dollars per share)
$0.08
$0.11
-$0.06
-$0.01
Diluted (in dollars per share)
$0.08
$0.10
-$0.06
-$0.01
Basic (in shares)
2.8B
2.8B
2.1B
171.4M
Diluted (in shares)
2.8B
2.8B
2.1B
171.4M
Net income (loss)
$229.0M
$297.0M
($123.9M)
$34.1M
Cumulative translation adjustment
$0
—
($507.0K)
$784.0K
Comprehensive income (loss)
$229.0M
$297.0M
($124.4M)
$34.9M
Comprehensive loss (income) attributable to non-controlling interest
$1.0M
$0
$0
($36.7M)
Comprehensive income (loss) attributable to Rocket Companies
$230.0M
$297.0M
($124.4M)
($1.8M)
Balance sheet
Rocket Companies, Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$2.7B
$1.3B
$1.1B
$722.3M
Mortgage loans held for sale, at fair value
$15.5B
$9.0B
$6.5B
$7.3B
Derivative assets, at fair value
$360.0M
$192.4M
$159.5M
$113.1M
Mortgage servicing rights, at fair value
$19.4B
$7.6B
$6.4B
$6.9B
Advance receivables, net of reserves and discount of $120 and $12, respectively
$2.0B
—
—
—
Property and equipment, net of accumulated depreciation and amortization
$260.0M
$213.8M
$250.9M
$274.2M
Intangible assets, net
$2.2B
—
—
—
Goodwill
$10.6B
—
—
—
Other assets
$2.5B
$1.3B
$1.0B
$799.2M
Total assets
$60.7B
$24.5B
$19.2B
$20.1B
Funding facilities
$14.2B
$6.7B
$3.4B
$3.5B
Senior Notes, net
$10.4B
$4.0B
$4.0B
$4.0B
MSR and advance facilities
$3.8B
—
—
—
Accounts payable
$285.0M
$181.7M
$171.3M
$116.3M
Derivative liabilities, at fair value
$145.0M
$11.2M
$143.0M
$25.1M
Loans subject to repurchase right from Ginnie Mae
$5.1B
$2.8B
$1.5B
$1.6B
Other liabilities
$3.9B
$648.1M
$407.3M
$393.2M
Total liabilities
$37.8B
$15.5B
$10.9B
$11.6B
Preferred stock
$0
—
—
—
Common stock
$0
$20.0K
$20.0K
$20.0K
Additional paid-in capital
$22.8B
$389.7M
$340.5M
$276.2M
Retained earnings
$124.0M
$312.8M
$284.3M
$300.4M
Non-controlling interest
$0
$8.3B
$7.7B
$7.9B
Total equity
$22.9B
$9.0B
$8.3B
$8.5B
Total liabilities and equity
$60.7B
$24.5B
$19.2B
$20.1B
Rocket Companies, Inc. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$3.1B
$2.7B
$5.8B
$5.1B
Mortgage loans held for sale, at fair value
$15.5B
$13.9B
$11.7B
$11.2B
Derivative assets, at fair value
$490.0M
$734.0M
$329.6M
$391.8M
Mortgage servicing rights, at fair value
$18.9B
$19.4B
$7.4B
$7.6B
Advance receivables, net of reserves and discount of $135 and $120, respectively
$1.5B
$1.6B
—
—
Property and equipment, net of accumulated depreciation of $757 and $695, respectively
$277.0M
$273.0M
$201.3M
$193.8M
Intangible assets, net of accumulated amortization
$2.0B
$2.1B
—
—
Goodwill
$10.6B
$10.6B
—
—
Other assets
$2.7B
$2.7B
$1.8B
$1.9B
Total assets
$61.0B
$59.4B
$33.6B
$30.4B
Secured financing
$16.6B
$15.9B
$10.5B
$9.5B
Unsecured financing, net
$10.8B
$10.4B
—
—
Derivative liabilities, at fair value
$85.0M
$360.0M
$65.2M
$163.9M
Loans subject to repurchase right from Ginnie Mae
$5.8B
$5.4B
$2.8B
$2.5B
Accounts payable and other liabilities
$4.2B
$4.2B
—
—
Total liabilities
$37.4B
$36.2B
$24.7B
$22.9B
Preferred stock, $0.00001 par value - 500,000,000 shares authorized as of June 30, 2026 and December 31, 2025, none issued and outstanding as of June 30, 2026 and December 31, 2025.
0
0
0
0
Common stock
$0
$0
$21.0K
$20.0K
Additional paid-in capital
$22.9B
$22.8B
$8.8B
$7.3B
Retained earnings
$651.0M
$421.0M
$55.2M
$178.5M
Non-controlling interest
$1.0M
—
$0
$0
Total equity
$23.5B
$23.2B
$8.9B
$7.4B
Total liabilities and equity
$61.0B
$59.4B
$33.6B
$30.4B
Cash flow statement
Rocket Companies, Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net (loss) income
($234.0M)
$635.8M
($390.1M)
$699.9M
Depreciation and amortization
$290.0M
$112.9M
$110.3M
$94.0M
Provision for (benefit from) deferred income taxes
$12.0M
$29.4M
($17.8M)
$36.2M
Origination of MSRs
($1.7B)
($1.3B)
($1.1B)
($2.0B)
Change in fair value of MSRs
$1.7B
$584.4M
$678.7M
($259.6M)
Gain on sale of loans excluding fair value of MSRs, net
($2.1B)
($1.7B)
($974.0M)
($1.2B)
Disbursements of mortgage loans held for sale
($129.1B)
($100.5B)
($78.3B)
($134.3B)
Proceeds from sale of loans held for sale
$127.5B
$99.5B
$80.2B
$148.0B
Disbursements of non-mortgage loans held for sale
($1.1B)
($280.7M)
($163.0M)
—
Change in fair value of non-mortgage loans held for sale
$5.0M
$12.1M
—
—
Share-based compensation expense
$343.0M
$145.5M
$180.1M
$216.0M
Other operating activities
($46.0M)
—
—
—
Other assets
$881.0M
$14.0M
($62.8M)
$22.8M
Accounts payable
($33.0M)
$10.4M
$55.0M
($155.2M)
Advance receivables, net
($436.0M)
—
—
—
Other liabilities
$90.0M
$101.5M
($154.0M)
($318.2M)
Total adjustments
($3.7B)
($3.3B)
$500.4M
$10.1B
Net cash (used in) provided by operating activities
($3.9B)
($2.6B)
$110.3M
$10.8B
Acquisition of business, net of cash acquired
($2.3B)
—
$0
$0
Proceeds from sale of MSRs
$430.0M
$297.9M
$1.0B
$671.9M
Net purchase of MSRs
($550.0M)
($737.6M)
($101.2M)
($14.6M)
Purchase and other additions of property and equipment, net of disposals
($91.0M)
($67.5M)
($60.3M)
($93.1M)
Other investing activities
$2.0M
—
—
—
Net cash (used in) provided by investing activities
($2.5B)
($495.5M)
$861.2M
$578.7M
Net borrowings (payments) on funding facilities
$4.8B
$3.3B
—
—
Net payments on MSR and advance facilities
($319.0M)
$0
$0
($75.0M)
Borrowings on Senior Notes
$4.0B
—
$0
$0
Repayments of Senior Notes
($74.0M)
—
$0
$0
Payment of debt issuance costs
($46.0M)
—
—
—
Net payments on notes payable from unconsolidated affiliates
($29.0M)
($1.8M)
—
—
Proceeds from consolidated CFE
$27.0M
$92.7M
$0
$0
Stock issuance
$55.0M
$40.6M
$24.9M
$37.8M
Taxes withheld on team members' restricted share award vesting
($105.0M)
($64.7M)
($47.6M)
($43.7M)
Increase in controlling interest in subsidiaries
$0
$0
($2.6M)
—
(Distributions to) contributions from other unit holders (members) and Class A shareholders
($241.0M)
($18.8M)
$52.6M
—
Net cash provided by (used in) financing activities
$8.1B
$3.3B
($623.6M)
($12.8B)
Effects of exchange rate changes on cash and cash equivalents
$1.0M
($1.4M)
($191.0K)
($949.0K)
Net increase in cash and cash equivalents and restricted cash
$1.6B
$152.5M
$347.7M
($1.4B)
Cash and cash equivalents and restricted cash, beginning of period
$1.3B
$1.1B
$789.1M
$2.2B
Cash and cash equivalents and restricted cash, end of period
$2.9B
$1.3B
$1.1B
$789.1M
Loans transferred to other real estate owned
$9.0M
$3.5M
$2.4M
$1.3M
Issuance of common stock as consideration for acquisition
$15.1B
—
—
—
Share-based compensation as consideration for acquisition
$217.0M
—
—
—
Cash paid for interest on related party borrowings
$0
$1.7M
$1.9M
$6.4M
Cash paid for interest
$596.0M
$479.3M
$378.9M
$321.2M
Rocket Companies, Inc. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income (loss)
$526.0M
$297.0M
($302.2M)
($178.4M)
Depreciation and amortization
$291.0M
$146.0M
$132.8M
$54.4M
Provision for (benefit from) deferred income taxes
$156.0M
$97.0M
($85.7M)
($23.4M)
Fair value of originated MSRs
($1.4B)
($688.0M)
($993.6M)
($608.0M)
Change in fair value of MSRs, net
$872.0M
$325.0M
$1.2B
$686.8M
Gain on sale of loans excluding fair value of originated MSRs, net
($1.1B)
($688.0M)
($1.6B)
($979.6M)
Disbursements of mortgage loans held for sale
($93.2B)
($43.6B)
($81.4B)
($50.0B)
Proceeds from sale of mortgage loans held for sale
$94.0B
$45.7B
$80.4B
$48.8B
Disbursements of non-mortgage loans held for sale
($977.0M)
($453.0M)
($421.2M)
($298.1M)
Proceeds from sale of non-mortgage loans held for sale
$901.0M
$452.0M
—
—
Share-based compensation expense
$177.0M
$88.0M
$161.6M
$90.1M
Other operating activities
$257.0M
$186.0M
—
—
Advance receivables, net
$497.0M
$415.0M
—
—
Other assets
($63.0M)
($329.0M)
$152.4M
($263.0M)
Accounts payable
($172.0M)
($72.0M)
$43.7M
$96.5M
Other liabilities
($39.0M)
$48.0M
$54.2M
$23.6M
Total adjustments
$119.0M
$1.6B
($2.4B)
($2.5B)
Net cash provided by (used in) operating activities
$645.0M
$1.9B
($2.7B)
($2.6B)
Net proceeds from sale of MSRs
$1.4B
$576.0M
$315.0M
$207.9M
Net purchase of MSRs
($348.0M)
($188.0M)
($244.3M)
($233.7M)
Purchase of property and equipment, net of disposals
($77.0M)
($43.0M)
($51.0M)
($29.5M)
Other investing activities
($52.0M)
($10.0M)
—
—
Net cash provided by (used in) investing activities
$894.0M
$335.0M
($57.6M)
($54.6M)
Net (payments) borrowings on secured financing
($1.3B)
($2.1B)
$3.7B
$2.8B
Borrowings on Senior Notes
$1.5B
—
$4.0B
$4.0B
Repayments of Senior Notes
($1.1B)
—
—
—
Payment of debt issuance costs
($13.0M)
—
($39.8M)
($30.0M)
Net payments on notes payable from unconsolidated affiliates
$0
$0
($28.5M)
($28.5M)
(Payments to) proceeds from consolidated CFE, net
($50.0M)
($26.0M)
—
—
Stock issuance, net
$34.0M
$19.0M
$38.6M
$16.5M
Taxes withheld on team members' restricted share award vesting
($105.0M)
($88.0M)
($85.8M)
($34.1M)
Contributions from (distributions to) other unit holders (members of Holdings)
$4.0M
($2.0M)
($236.2M)
($236.7M)
Net cash (used in) provided by financing activities
($1.1B)
($2.2B)
$7.3B
$6.5B
Effects of exchange rate changes on Cash and cash equivalents
$0
—
$291.0K
$798.0K
Net increase in Cash and cash equivalents and restricted cash
$462.0M
$41.0M
$4.6B
$3.8B
Cash and cash equivalents and restricted cash, beginning of period
$2.9B
$2.9B
$1.3B
$1.3B
Cash and cash equivalents and restricted cash, end of period