
• Reported GAAP EPS of $0.02 down -91.30% YoY • Reported revenue of $2.69B up 52.14% YoY • Rocket Companies expects Q1 2026 adjusted revenue to be between $2.6B and $2.8B, which includes $150M from a warehouse interest reclassification to direct expense.
Bullish
Rocket Companies expanded market share and achieved strong acquisition integration synergies. Strategic alliances and new digital pre-approvals, powered by AI, are driving higher conversion rates and an improved client experience.
Bearish
Rocket Companies experienced a significant decrease in GAAP net income in Q4 2025 and a substantial rise in total expenses. The Partner Network's gain on sale margin also declined.