Filing Flows › Compass (COMP) › Q3 2026 › vs Q2 2026
Compass (COMP) Q3 2026 vs Q2 2026 (quarter over quarter)
Compass's revenue fell $409M (-9%) from $4.3B in Q2 2026 to $3.9B in Q3 2026. The biggest changes: Gross commission income −$380M (-10%); Service revenue −$13.0M (-6%); Franchise −$11.0M (-9%). Operating margin 2.2% against 2.9% (-0.6 pts).
Compass, Q3 2026: revenue $3.9B (+111% year over year), operating margin 2.2%, net earnings $63.0M, operating cash flow $248M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 2.2% | 2.9% | -0.6 pts |
| Net margin | 1.6% | 2.1% | -0.5 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Gross commission income | $3.6B | $3.9B | −$380M | -10% |
| Service revenue | $192M | $205M | −$13.0M | -6% |
| Franchise | $108M | $119M | −$11.0M | -9% |
| Other | $30.0M | $35.0M | −$5.0M | -14% |
| Revenue | $3.9B | $4.3B | −$409M | -9% |
| Operating profit | $87.0M | $124M | −$37.0M | -30% |
| Costs & expenses | $3.8B | $4.2B | −$372M | -9% |
| Pre-tax earnings | $59.0M | $97.0M | −$38.0M | -39% |
| Other expense, net | $28.0M | $27.0M | $1.0M | +4% |
| General & admin | $72.0M | $93.0M | −$21.0M | -23% |
| Other operating costs | $3.7B | $4.1B | −$351M | -9% |
| Income tax benefit | $4.0M | −$5.0M | $9.0M | — |
| Net earnings | $63.0M | $92.0M | −$29.0M | -32% |
| Depreciation & amortization | $145M | $153M | −$8.0M | -5% |
| Share-based compensation | $36.0M | $41.0M | −$5.0M | -12% |
| Working capital & other | $4.0M | −$95.0M | $99.0M | — |
| Operating cash flow | $248M | $191M | $57.0M | +30% |
Questions
How much did Compass's revenue grow quarter over quarter in Q3 2026?
Compass's revenue fell $409M (-9%) from $4.3B in Q2 2026 to $3.9B in Q3 2026.
What drove Compass's revenue change in Q3 2026?
Gross commission income −$380M (-10%); Service revenue −$13.0M (-6%); Franchise −$11.0M (-9%).