US EditionRocket Companies Announces Second Quarter 2025 Results
WAYNE COUNTY, MICHIGAN, JUL 31 – Rocket Companies beat revenue and earnings estimates with $28.4 billion in net rate lock volume and is advancing AI-powered mortgage processes and Redfin integration.
- On July 31, 2025, Rocket Companies announced its second-quarter financial results, reporting adjusted revenue of $1.34 billion and adjusted net income of $75 million.
- These results occurred amid a delayed spring homebuying season and a 30% drop in servicing portfolio transfers during the first half of the year across the market.
- The quarter included $29.1 billion in closed loan originations, up 18% year-over-year, and the July 1 acquisition of Redfin, which has already contributed over 65 client home closings to Rocket.
- CEO Varun Krishna called the Redfin deal a proud milestone and noted early improvements in purchase funnels, rising conversion rates, and Redfin clients beginning to close with Rocket.
- Rocket expects third-quarter revenue between $1.60 billion and $1.75 billion, reflecting full consolidation of Redfin, and plans to complete its acquisition of Mr. Cooper by the fourth quarter.
31 Articles
31 Articles
Farm Talk Newspaper
Rocket Companies Announces Second Quarter 2025 Results
Generated Q2'25 total revenue, net of $1.36 billion and adjusted revenue of $1.34 billion. Adjusted revenue came in above the high end of our guidance rangeReported Q2'25 GAAP net income of $34 million and adjusted net income of $75 millionDelivered…
Rocket Companies Earnings Coverage
Rocket Companies (Nasdaq: RKT) reports Q2 earnings after the close with a call scheduled for 4:30 PM ET. Analysts expect revenue of $1.28 billion and normalized EPS of $0.03 — down 50% YoY despite a slight 4% increase in sales. With mortgage rates largely rangebound through Q2, the market will look for signs that purchase […]
Rocket Reports Strong Q2 Results; Touts AI Results and Redfin Acquisition
Rocket Companies—which recently acquired Redfin and is currently undergoing the acquisition of Mr. Cooper—continued to see high earnings results during its second quarter, as noted during its earning call July 31. Rocket CEO Varun Krishna noted that he believes they are “building a foundation for infinite capacity at Rocket, where our growth is supercharged by… The post Rocket Reports Strong Q2 Results; Touts AI Results and Redfin Acquisition ap…
Coverage Details
Bias Distribution
- 89% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
