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Rocket Companies, Inc. (RKT)

For the quarter ending 2025-06-30, RKT made $1,360,251K in revenue. -$1,785K in net income. Net profit margin of -0.13%.

Overview

Revenue
$1,360,251K
Net Income
-$1,785K
Net Profit Margin
-0.13%
EPS
-$0.01
Unit: Thousand (K) dollars
Revenue Breakdown
    • Gain on sale of loans excluding ...
    • Contractually Specified Servicin...
    • Fair value of originated msrs
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenue, net1,360,251 1,037,264 646,948 1,300,722
Other expenses63,815 49,124 47,912 44,998
Marketing and advertising expenses276,050 275,623 200,528 210,937
Salaries, commissions and team member benefits623,459 609,608 607,526 553,420
General and administrative expenses287,421 260,815 221,074 232,952
Depreciation and amortization27,526 26,910 28,607 28,009
Interest and amortization expense on non-funding debt57,718 38,287 38,620 38,364
Total expenses1,335,989 1,260,367 1,144,267 1,108,680
Income (loss) before income taxes24,262 -223,103 -497,319 192,042
Benefit from (provision for) income taxes-9,827 -10,657 -15,895 14,117
Net income (loss)34,089 -212,446 -481,424 177,925
Net (income) loss attributable to non-controlling interest35,874 -202,063 -459,413 176,630
Net (loss) income attributable to rocket companies-1,785 -10,383 -22,011 1,295
Basic (in dollars per share)-0.01 -0.07 -0.16 0.01
Basic (in shares)171,438,105 147,717,296 141,763,221 139,647,845
Diluted (in dollars per share)-0.01 -0.08 -0.19 0.01
Diluted (in shares)171,438,105 2,001,936,379 2,003,296,515 139,647,845
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Contractually SpecifiedServicing Fees Amount$399,993K Direct To CustomerSegment$64,316K Partner Network Segment$59,186K Corporate Non Segment$1,283K Operating Segments$399,993K Interest And Fee IncomeLoans And Leases$123,502K Direct To CustomerSegment$144,037K Partner Network Segment$6,347K Servicing fee income$401,276K (13.14%↑ Y/Y)Gain on sale of loansexcluding fair value of...$472,375K (14.37%↑ Y/Y)Fair value oforiginated msrs$343,525K (-0.58%↓ Y/Y)Interest income$123,502K (9.86%↑ Y/Y)Corporate Non Segment$158,953K Operating Segments$150,384K Loan servicingincome, net$202,391K (-16.28%↓ Y/Y)Gain on sale of loans,net$815,900K (7.56%↑ Y/Y)Interest income, net$32,623K (4.82%↑ Y/Y)Other income$309,337K (14.86%↑ Y/Y)Change in fair value ofmsrs$198,885K (76.10%↑ Y/Y)Interest expense onfunding facilities$90,879K (11.79%↑ Y/Y)Total revenue, net$1,360,251K (4.58%↑ Y/Y)Interest Expense FundingFacilities$90,879K Income (loss) beforeincome taxes$24,262K (-87.37%↓ Y/Y)Benefit from (provisionfor) income taxes-$9,827K (-169.61%↓ Y/Y)Total expenses$1,335,989K (20.50%↑ Y/Y)Direct To CustomerSegment$47,336K Partner Network Segment$43,543K Net (loss) incomeattributable to rocket...-$1,785K (-237.84%↓ Y/Y)Net income (loss)$34,089K (-80.84%↓ Y/Y)Interest andamortization expense on...$57,718K (50.45%↑ Y/Y)Depreciation andamortization$27,526K (-1.72%↓ Y/Y)General andadministrative expenses$287,421K (23.38%↑ Y/Y)Salaries, commissions andteam member benefits$623,459K (12.66%↑ Y/Y)Marketing and advertisingexpenses$276,050K (30.87%↑ Y/Y)Other expenses$63,815K (41.82%↑ Y/Y)Net (income) lossattributable to...$35,874K (-79.69%↓ Y/Y)