Filing Flows › Compass (COMP) › Q2 2026 › vs Q2 2025
Compass (COMP) Q2 2026 vs Q2 2025 (year over year)
Compass's revenue rose $2.2B (+109%) from $2.1B in Q2 2025 to $4.3B in Q2 2026. The biggest changes: Gross commission income +$1.9B (+97%); Service revenue +$166M (+426%); Franchise +$111M (15×). Operating margin 2.9% against 1.9% (+1.0 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 2.9% | 1.9% | +1.0 pts |
| Net margin | 2.1% | 1.9% | +0.2 pts |
| Free cash flow margin | 4.2% | 3.3% | +0.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Gross commission income | $3.9B | $2.0B | $1.9B | +97% |
| Service revenue | $205M | $39.0M | $166M | +426% |
| Franchise | $119M | $8.0M | $111M | 15× |
| Other | $35.0M | $5.0M | $30.0M | +600% |
| Revenue | $4.3B | $2.1B | $2.2B | +109% |
| Operating profit | $124M | $39.0M | $85.0M | +218% |
| Costs & expenses | $4.2B | $2.0B | $2.2B | +107% |
| Pre-tax earnings | $97.0M | $39.0M | $58.0M | +149% |
| Other expense, net | $27.0M | $0 | $27.0M | — |
| General & admin | $93.0M | $34.0M | $59.0M | +174% |
| Other operating costs | $4.1B | $1.9B | $2.2B | +113% |
| Net earnings | $92.0M | $39.0M | $53.0M | +136% |
| Income tax | $5.0M | $0 | $5.0M | — |
| Operating cash sources | $286M | $123M | $163M | +133% |
| Depreciation & amortization | $153M | $29.0M | $124M | +428% |
| Share-based compensation | $41.0M | $55.0M | −$14.0M | -25% |
| Working capital & other | $95.0M | $50.0M | $45.0M | +90% |
| Operating cash flow | $191M | $73.0M | $118M | +162% |
| Free cash flow (company-reported) | $180M | $68.0M | $112M | +165% |
| Capital expenditures | $11.0M | $5.0M | $6.0M | +120% |
Questions
How much did Compass's revenue grow year over year in Q2 2026?
Compass's revenue rose $2.2B (+109%) from $2.1B in Q2 2025 to $4.3B in Q2 2026.
What drove Compass's revenue change in Q2 2026?
Gross commission income +$1.9B (+97%); Service revenue +$166M (+426%); Franchise +$111M (15×).