Filing Flows › Compass (COMP) › Q3 2026
Compass (COMP) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Compass (COMP) reported revenue of $3.9B for the third quarter 2026 (Q3 2026), +111% from a year earlier and -9% from the quarter before. Operating margin was 2.2%, net earnings $63.0M (1.6% of revenue).
Compass, Q3 2026: revenue $3.9B (+111% year over year), operating margin 2.2%, net earnings $63.0M, operating cash flow $248M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9B | -9% | +111% |
| Operating profit | $87.0M | -30% | — |
| Net earnings | $63.0M | -32% | — |
| Operating cash flow | $248M | +30% | +231% |
| Free cash flow | $240M | — | +224% |
What changed
Revenue was $3.9B in Q3 2026, up 111% year over year and down 9% from the previous quarter. Gross commission income was the largest line at 92% of revenue. Gross commission income added $1.8B year over year (up 99%), 86% of the total change.
Operating profit was $0.09B, a 2.2% margin (up 2.6 points year over year). Total costs grew 106% against revenue growth of 111%. The fastest-growing cost line was Other operating costs (+114%). Net earnings were $0.06B. The effective tax rate was -6.8%.
Operating cash flow was $0.25B (up 231% year over year), 394% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization and $0.04B of share-based compensation. After capital expenditures ($0.01B), free cash flow as the company reports it was $0.24B.
Questions
What was Compass' revenue in the third quarter 2026?
Compass (COMP) reported revenue of $3.9B for the third quarter 2026 (Q3 2026), +111% from a year earlier and -9% from the quarter before.
Was Compass profitable in the third quarter 2026?
Operating profit was $87.0M (2.2% of revenue) and net earnings $63.0M.
Source: Compass 10-Q on SEC EDGAR.