For the quarter ending 2025-09-30, RKT had $743,818K increase in cash & cash equivalents over the period. -$71,779K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net loss | -123,854 | 34,089 | -212,446 | 648,613 |
| Depreciation and amortization | 78,340 | 27,526 | 26,910 | 29,284 |
| (benefit from) provision for deferred income taxes | -62,256 | -18,083 | -5,339 | 23,752 |
| Origination of msrs | 385,692 | 343,525 | 264,427 | 424,172 |
| Change in fair value of msrs, net | 485,024 | 240,914 | 445,856 | -356,360 |
| Gain on sale of loans excluding fair value of msrs, net | 641,721 | 472,375 | 507,199 | 286,569 |
| Disbursements of mortgage loans held for sale | 31,415,290 | 29,008,125 | 21,003,518 | 28,405,015 |
| Proceeds from sale of mortgage loans held for sale | 31,672,489 | 27,866,086 | 20,893,288 | 30,638,656 |
| Disbursements of non-mortgage loans held for sale | 123,140 | 176,237 | 121,870 | 43,810 |
| Change in fair value of non-mortgage loans held for sale | 3,179 | 2,733 | 2,386 | 10,633 |
| Share-based compensation expense | 71,565 | 50,046 | 40,020 | 35,558 |
| Due from affiliates | 2,152 | 478 | 558 | -981 |
| Other assets | -415,387 | 149,861 | 113,111 | 30,448 |
| Accounts payable | -52,818 | -13,261 | 109,794 | 5,787 |
| Due to affiliates | 22 | -492 | 544 | 2,519 |
| Other liabilities | 30,647 | 110,918 | -87,335 | -6,240 |
| Total adjustments | 73,584 | -1,884,214 | -584,559 | 1,194,556 |
| Net cash used in operating activities | -50,270 | -1,850,125 | -797,005 | 1,843,169 |
| Acquisition of business, net of cash acquired | 78,543 | - | - | - |
| Net proceeds from sale of msrs | 107,070 | 63,421 | 144,486 | 78,190 |
| Net purchase of msrs | 10,662 | 177,843 | 55,825 | 95,628 |
| Decrease in mortgage loans held for investment | 578 | 72 | 617 | 512 |
| Purchases of investment securities, available for sale | - | - | - | 0 |
| Sales of investment securities, available for sale | - | - | - | 0 |
| Net decrease in investment securities, held to maturity | - | - | - | 0 |
| Purchase and other additions of property and equipment, net of disposals | 21,509 | 15,498 | 14,005 | 18,722 |
| Net cash used in investing activities | -3,066 | -129,848 | 75,273 | -35,648 |
| Net borrowings on funding facilities | 883,069 | 1,872,039 | 901,555 | 3,340,803 |
| Borrowings on senior notes | 0 | 4,000,000 | - | - |
| Net payments on lines of credit | - | - | - | 0 |
| Payment of debt issuance costs | 9,810 | 30,000 | - | - |
| Net payments on early buy out facility | 12,943 | 12,761 | 12,656 | 13,914 |
| Net payments on notes payable from unconsolidated affiliates | 0 | 0 | -28,514 | -1,750 |
| Proceeds from consolidated cfe, net | -33,505 | 62,994 | 26,529 | 92,650 |
| Stock issuance | 22,078 | 8,418 | 8,087 | 7,315 |
| Share repurchase | - | - | - | 0 |
| Taxes withheld on team members' restricted share award vesting | 51,763 | 5,470 | 28,596 | 7,479 |
| Increase in controlling interest in subsidiaries | - | - | - | 0 |
| Distributions to other unit holders (members of holdings) | -535 | 231,320 | 5,397 | 18,787 |
| Net cash provided by financing activities | 797,661 | 5,663,900 | 861,008 | -1,765,272 |
| Effects of exchange rate changes on cash and cash equivalents | -507 | 785 | 13 | -1,525 |
| Net increase in cash and cash equivalents and restricted cash | 743,818 | 3,684,712 | 139,289 | 40,724 |
| Cash and cash equivalents at beginning of period | 5,113,322 | 1,428,610 | 1,289,321 | 1,248,597 |
| Cash and cash equivalents at end of period | 5,857,140 | 5,113,322 | 1,428,610 | 1,289,321 |
Rocket Companies, Inc. (RKT)
Rocket Companies, Inc. (RKT)