Filing Flows › Rocket Companies (RKT) › Q1 2026
Rocket Companies (RKT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 12, 2026
Rocket Companies (RKT) reported revenue of $2.9B for the first quarter 2026 (Q1 2026), +167% from a year earlier and +9% from the quarter before. Operating margin was 13.6%, net earnings $297M (10.1% of revenue).
Rocket Companies, Q1 2026: revenue $2.9B (+167% year over year), operating margin 13.6%, net earnings $297M, operating cash flow $1.9B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.9B | +9% | +167% |
| Operating profit | $400M | +137% | — |
| Net earnings | $297M | +337% | — |
| Operating cash flow | $1.9B | — | — |
| Free cash flow | $1.8B | — | — |
What changed
Revenue was $2.9B in Q1 2026, up 167% year over year and up 9% from the previous quarter.
Operating profit was $0.40B, a 13.6% margin (up 33.9 points year over year). Total costs grew 92% against revenue growth of 167%. The fastest-growing cost line was Other operating costs (+111%). Net earnings were $0.30B. The effective tax rate was 25.8%.
Operating cash flow was $1.9B, 625% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization and $0.09B of share-based compensation. Working capital and other items added $1.3B. Capital expenditures of $0.04B left free cash flow of $1.8B.
Questions
What was Rocket Companies' revenue in the first quarter 2026?
Rocket Companies (RKT) reported revenue of $2.9B for the first quarter 2026 (Q1 2026), +167% from a year earlier and +9% from the quarter before.
Was Rocket Companies profitable in the first quarter 2026?
Operating profit was $400M (13.6% of revenue) and net earnings $297M.
Source: Rocket Companies 10-Q on SEC EDGAR.