Filing Flows › Compass (COMP) › Q2 2026
Compass (COMP) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Compass (COMP) reported revenue of $4.3B for the second quarter 2026 (Q2 2026), +109% from a year earlier and +59% from the quarter before. Operating margin was 2.9%, net earnings $92.0M (2.1% of revenue).
Compass, Q2 2026: revenue $4.3B (+109% year over year), operating margin 2.9%, net earnings $92.0M, operating cash flow $191M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.3B | +59% | +109% |
| Operating profit | $124M | — | +218% |
| Net earnings | $92.0M | +318% | +136% |
| Operating cash flow | $191M | — | +162% |
| Free cash flow | $180M | — | +165% |
What changed
Revenue was $4.3B in Q2 2026, up 109% year over year and up 59% from the previous quarter. Gross commission income was the largest line at 92% of revenue. Gross commission income added $1.9B year over year (up 97%), 86% of the total change.
Operating profit was $0.12B, a 2.9% margin (up 1.0 points year over year). Of the extra revenue versus Q2 2025, 4% reached operating profit, above the 2% margin then. Total costs grew 107% against revenue growth of 109%. The fastest-growing cost line was General & admin (+174%). Net earnings were $0.09B, up 136% year over year. The effective tax rate was 5.2%.
Operating cash flow was $0.19B (up 162% year over year), 208% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items used $0.10B. After capital expenditures ($0.01B), free cash flow as the company reports it was $0.18B.
Questions
What was Compass' revenue in the second quarter 2026?
Compass (COMP) reported revenue of $4.3B for the second quarter 2026 (Q2 2026), +109% from a year earlier and +59% from the quarter before.
Was Compass profitable in the second quarter 2026?
Operating profit was $124M (2.9% of revenue) and net earnings $92.0M.
Source: Compass 10-Q on SEC EDGAR.