Business
Compass, Inc. Reports Record First Quarter 2025 Results
Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), a leading tech-enabled real estate services company that includes the largest residential real estate brokerage in the United States by sales volume1, announced its financial results for the first quarter ended March 31, 2025.
About this update from Compass, Inc.
[{"type":"text","content":"Revenue in Q1 Grew 28.7% YoY and Organic Revenue Grew 14.6% YoY Quarterly Market Share Grew 125bps YoY to a Record 6.0%; Organic Share Was Up 82bpsOperating Cash Flow Grew 169% YoY to a Record $23.1 Million in Q1","length":219,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, May 8, 2025 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass" or "the Company"), a leading tech-enabled real estate services company that includes the largest residential real estate brokerage in the United States by sales volume1, announced its financial results for the first quarter ended March 31, 2025.","length":341,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Compass)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Compass)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":54,"url":"https://media.zenfs.com/en/prnewswire.com/4e2f12056e48b6356cfadd5460f66a45"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/2uN4oghpOvs7lKYB.mrFHQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTk1O2NmPXdlYnA-/https://media.zenfs.com/en/prnewswire.com/4e2f12056e48b6356cfadd5460f66a45","width":400,"height":54}},"href":"https://mma.prnewswire.com/media/599202/Compass_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""Despite the heightened market volatility in Q1, Compass achieved record Q1 free cash flow, record Q1 Adjusted EBITDA2 and grew revenue by 28.7% year-over-year," said Robert Reffkin, Founder and Chief Executive Officer of Compass. "In the first quarter, we continued to widen the gap against the industry as we grew organic transactions3 by 7.3% and total transactions by 27.8% compared to the market where transactions declined by 2.1% year-over-year, which means organic and total transactions outgrew the market by roughly 9% and 30%, respectively. Organic quarterly market share4 grew 82 basis points and total quarterly market share grew 125 basis points to 6.0%, which is our highest year-over-year market share increase in 8 quarters and 15 quarters, respectively. These results illustrate that the top agents and teams in the industry continue to take share and Compass has the highest number of both per RealTrends5."","length":956,"tagName":"p"},{"type":"text","content":"Reffkin continued, "Looking ahead, while recent market ...