Filing Flows › Compass (COMP) › Q2 2026 › vs Q1 2026
Compass (COMP) Q2 2026 vs Q1 2026 (quarter over quarter)
Compass's revenue rose $1.6B (+59%) from $2.7B in Q1 2026 to $4.3B in Q2 2026. The biggest changes: Gross commission income +$1.5B (+61%); Service revenue +$62.0M (+43%); Franchise +$45.0M (+61%). Operating margin 2.9% against -13.0% (+15.9 pts).
Compass, Q2 2026: revenue $4.3B (+109% year over year), operating margin 2.9%, net earnings $92.0M, operating cash flow $191M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 2.9% | -13.0% | +15.9 pts |
| Net margin | 2.1% | 0.8% | +1.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Gross commission income | $3.9B | $2.5B | $1.5B | +61% |
| Service revenue | $205M | $143M | $62.0M | +43% |
| Franchise | $119M | $74.0M | $45.0M | +61% |
| Other | $35.0M | $34.0M | $1.0M | +3% |
| Revenue | $4.3B | $2.7B | $1.6B | +59% |
| Operating profit | $124M | −$351M | $475M | — |
| Costs & expenses | $4.2B | $3.1B | $1.1B | +37% |
| Pre-tax earnings | $97.0M | −$379M | $476M | — |
| Other expense, net | $27.0M | $28.0M | −$1.0M | -4% |
| General & admin | $93.0M | $81.0M | $12.0M | +15% |
| Other operating costs | $4.1B | $3.0B | $1.1B | +37% |
| Net earnings | $92.0M | $22.0M | $70.0M | +318% |
| Income tax | $5.0M | −$401M | $406M | — |
| Operating cash sources | $286M | $293M | −$7.0M | -2% |
| Depreciation & amortization | $153M | $163M | −$10.0M | -6% |
| Share-based compensation | $41.0M | $108M | −$67.0M | -62% |
| Working capital & other | $95.0M | $450M | −$355M | -79% |
| Operating cash flow | $191M | −$157M | $348M | — |
Questions
How much did Compass's revenue grow quarter over quarter in Q2 2026?
Compass's revenue rose $1.6B (+59%) from $2.7B in Q1 2026 to $4.3B in Q2 2026.
What drove Compass's revenue change in Q2 2026?
Gross commission income +$1.5B (+61%); Service revenue +$62.0M (+43%); Franchise +$45.0M (+61%).