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Rocket Companies Announces First Quarter 2026 Results
Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based homeownership platform company including mortgage, real estate, title and personal finance businesses, today announced results for the first quarter ended March 31, 2026.
About this update from Rocket Companies, Inc.
DETROIT, May 7, 2026 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit-based homeownership platform company including mortgage, real estate, title and personal finance businesses, today announced results for the first quarter ended March 31, 2026. "Rocket is not waiting for the market to get easier. We are the company making homeownership easier by creating our own opportunity through distribution and technology. This quarter, we once again surpassed the top end of our guidance because search, origination, servicing, data and AI are connecting. Hard market. Stronger Rocket," said Varun Krishna, CEO and Director of Rocket Companies. First Quarter 2026 Financial Highlights During the first quarter of 2026: Company Highlights Second Quarter 2026 Outlook (2) In Q2 2026, we expect adjusted revenue between $2.7 billion to $2.9 billion. Segments Direct to Consumer In the Direct to Consumer segment, clients have the ability to interact with Rocket Mortgage digitally and/or with the Company's mortgage bankers. The Company markets to potential clients in this segment through various brand campaigns and performance marketing channels. The Direct to Consumer segment derives revenue from originating, closing, selling and servicing predominantly agency-conforming loans, which are pooled and sold to the secondary market. The segment also includes title and settlement services and appraisal management, complementing the Company's end-to-end mortgage origination experience. Servicing and subservicing activities are fully allocated to the Direct to Consumer segment as they are viewed as an extension of the client experience, which positions us to have high retention and recapture the clients' next refinance, purchase and personal loan transactions. Partner Network We provide industry-leading client service and leverage our widely recognized brand to strengthen our wholesale relationships, through Rocket Pro, as well as enterprise partnerships, and correspondent relationships. Rocket Pro works exclusively with mortgage brokers, community banks and credit unions, enabling them to maintain their own brand and client relationships while leveraging Rocket Mortgage's expertise, technology and award-winning process. Our enterprise partnerships include financial institutions and well-...
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