Quarterly ResultOct 29, 2026, 05:21 PM
Rocket Companies Q3'26 Revenue $3.28B, Net Income $709M
AI Summary
Rocket Companies announced strong third quarter 2026 results, with total revenue increasing to $3.28 billion and GAAP net income turning positive at $709 million, compared to a net loss in the prior year. The company highlighted market share gains, improved profitability, and strategic technology investments. Key initiatives included the launch of AI-powered tools, the Rocket Pro Orbit rewards program, and the Rowan AI financial agent. Rocket Mortgage maintained its leading market position.
Key Highlights
- Rocket Companies reported Q3'26 total revenue of $3.28 billion, a significant increase from $1.695 billion in Q3'25.
- GAAP net income for Q3'26 was $709 million, a substantial improvement from a net loss of $124 million in Q3'25.
- Adjusted net income rose to $419 million in Q3'26 from $158 million in Q3'25.
- Adjusted EBITDA reached $748 million in Q3'26, up from $349 million in Q3'25.
- Total liquidity stood at $11.4 billion as of September 30, 2026.
- Rocket Mortgage was the #1 mortgage lender by volume in Q2 2026.
- The company expects Q4 2026 adjusted revenue between $2.1 billion to $2.3 billion.
Price Impact
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