Rocket Companies Announces First Quarter 2026 Results - Rocket Companies (NYSE:RKT)
Adjusted revenue topped guidance as mortgage volume climbed and the company said it is on track for $400 million in expense synergies.
- On Thursday, May 7, 2026, Rocket Companies, Inc. announced Q1 2026 results, reporting $297 million in GAAP net income on $2.94 billion in total revenue for the quarter ended March 31, 2026.
- CEO Varun Krishna reported strong adjusted performance, delivering $2.82 billion in adjusted revenue and $738 million in adjusted EBITDA, reflecting operational momentum from the company's integration strategy.
- Total liquidity reached $9.4 billion as of March 31, 2026, comprising $2.7 billion in cash, $2.3 billion in undrawn credit lines, and $4.4 billion in available MSR and advance lines.
- Integration of the Mr. Cooper acquisition has progressed ahead of schedule since October 2025, while Rocket Pro launched its 'Power Play' initiative in February 2026 offering mortgage broker partners up to 100 basis points of stacked pricing credit.
- The company projects Q2 2026 adjusted revenue between $2.7 billion to $2.9 billion, supported by a $500 million, 10-year philanthropic commitment with the Gilbert Family Foundation reflecting founder Dan Gilbert's 40-year cultural legacy.
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Waterloo Cedar Falls Courier
Rocket Companies Announces First Quarter 2026 Results
Generated Q1'26 total revenue, net of $2.94 billion and adjusted revenue of $2.82 billion. Adjusted revenue came in above the high end of our guidance range.Reported Q1'26 GAAP net income of $297 million and adjusted net income of $422 million.Delivered…
Rocket Companies Announces First Quarter 2026 Results - Rocket Companies (NYSE:RKT)
Generated Q1'26 total revenue, net of $2.94 billion and adjusted revenue of $2.82 billion. Adjusted revenue came in above the high end of our guidance range. Reported Q1'26 GAAP net income of $297 million and adjusted net income of $422 million. Delivered Q1'26 adjusted EBITDA of $738 million. DETROIT, May 7, 2026 /PRNewswire/ -- Rocket Companies, Inc. (NYSE:RKT) ("Rocket Companies" or the "Company"), the Detroit-based homeownership platform com…
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