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Rocket Companies (RKT) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 7, 2026

Rocket Companies (RKT) reported revenue of $2.8B for the second quarter 2026 (Q2 2026), +92% from a year earlier and -5% from the quarter before. Operating margin was 10.1%, net earnings $230M (8.3% of revenue).

Revenue$2.8B
Year over year+92%
Quarter over quarter-5%
Operating margin10.1%
Net earnings$230M

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 follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$2.8B-5%+92%
Operating profit$281M-30%12×
Net earnings$230M-23%—
Operating cash flow−$1.2B-165%—

What changed

Revenue was $2.8B in Q2 2026, up 92% year over year and down 5% from the previous quarter.

Operating profit was $0.28B, a 10.1% margin (up 8.4 points year over year). Of the extra revenue versus Q2 2025, 19% reached operating profit, above the 2% margin then. Total costs grew 75% against revenue growth of 92%. The fastest-growing cost line was General & admin (+98%). Net earnings were $0.23B. The effective tax rate was 18.5%.

Operating cash flow was −$1.2B. Non-cash charges added back $0.14B of depreciation and amortization and $0.09B of share-based compensation. Working capital and other items used $1.7B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$1.2B.

Questions

What was Rocket Companies' revenue in the second quarter 2026?

Rocket Companies (RKT) reported revenue of $2.8B for the second quarter 2026 (Q2 2026), +92% from a year earlier and -5% from the quarter before.

Was Rocket Companies profitable in the second quarter 2026?

Operating profit was $281M (10.1% of revenue) and net earnings $230M.

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Source: Rocket Companies 10-Q on SEC EDGAR.