Filing Flows › Rocket Companies (RKT) › Q2 2026 › vs Q1 2026
Rocket Companies (RKT) Q2 2026 vs Q1 2026 (quarter over quarter)
Rocket Companies's revenue fell $157M (-5%) from $2.9B in Q1 2026 to $2.8B in Q2 2026. Operating margin 10.1% against 13.6% (-3.5 pts).
Rocket Companies, Q2 2026: revenue $2.8B (+92% year over year), operating margin 10.1%, net earnings $230M, operating cash flow −$1.2B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 10.1% | 13.6% | -3.5 pts |
| Net margin | 8.3% | 10.1% | -1.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.8B | $2.9B | −$157M | -5% |
| Operating profit | $281M | $400M | −$119M | -30% |
| Costs & expenses | $2.5B | $2.5B | −$38.0M | -1% |
| Pre-tax earnings | $281M | $400M | −$119M | -30% |
| Sales & marketing | $291M | $345M | −$54.0M | -16% |
| General & admin | $568M | $535M | $33.0M | +6% |
| Other operating costs | $1.6B | $1.7B | −$17.0M | -1% |
| Loss borne by minority interests | $1.0M | $0 | $1.0M | — |
| Net earnings | $230M | $297M | −$67.0M | -23% |
| Income tax | $52.0M | $103M | −$51.0M | -50% |
| Operating cash sources | $1.7B | −$1.3B | $3.0B | — |
| Depreciation & amortization | $145M | $146M | −$1.0M | -0.7% |
| Share-based compensation | $89.0M | $88.0M | $1.0M | +1% |
| Cash used in operations | $1.2B | −$1.9B | $3.1B | — |
| Working capital & other | $1.7B | −$1.3B | $3.0B | — |
Questions
How much did Rocket Companies's revenue grow quarter over quarter in Q2 2026?
Rocket Companies's revenue fell $157M (-5%) from $2.9B in Q1 2026 to $2.8B in Q2 2026. Operating margin 10.1% against 13.6% (-3.5 pts).