Current Liabilities

Accounts Payable

Rocket Companies Accounts Payable decreased by 125.3% to -$72.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 124.7%, from $291.51M to -$72.00M. Over 5 years (FY 2020 to FY 2025), Accounts Payable shows an upward trend with a 2.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

An increase can indicate better credit terms or increased production volume, while a decrease might suggest faster payments or reduced purchasing.

Detailed definition

The amount of money a company owes to its suppliers and vendors for goods and services purchased on credit. In a large-s...

Peer comparison

Companies with significant supply chain leverage often maintain high payables to maximize their own cash-on-hand.

Metric ID: accounts_payable

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$287.53M$347.29M$271.54M$288.86M$233.72M$203.83M$116.33M$135.04M$156.94M$199.92M$171.35M$189.04M$205.95M$175.93M$182.00M$291.51M$278.25M$297.54M$285.00M-$72.00M
QoQ Change+20.8%-21.8%+6.4%-19.1%-12.8%-42.9%+16.1%+16.2%+27.4%-14.3%+10.3%+8.9%-14.6%+3.5%+60.2%-4.5%+6.9%-4.2%-125.3%
YoY Change-18.7%-41.3%-57.2%-53.3%-32.9%-1.9%+47.3%+40.0%+31.2%-12.0%+6.2%+54.2%+35.1%+69.1%+56.6%-124.7%
Range-$72.00M$347.29M
CAGR-25.3%
Avg YoY Growth-0.1%
Median YoY Growth+2.1%
Current Streak2 quarters decline

Frequently Asked Questions

What is Rocket Companies's accounts payable?
Rocket Companies (RKT) reported accounts payable of -$72.00M in Q1 2026.
How has Rocket Companies's accounts payable changed year-over-year?
Rocket Companies's accounts payable decreased by 124.7% year-over-year, from $291.51M to -$72.00M.
What is the long-term trend for Rocket Companies's accounts payable?
Over 5 years (2020 to 2025), Rocket Companies's accounts payable has grown at a 2.5% compound annual growth rate (CAGR), from $251.96M to $285.00M.
What does accounts payable mean?
The total amount of money the company owes to its suppliers for items it has already received.