Income StatementBalance SheetCash FlowSegments
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Rocket Companies Cash Flow Statement

Operating, investing, and financing cash movements

Rocket Companies generated -$1.3B in operating cash flow over the trailing twelve months. After $120.0M in capital expenditures, free cash flow was -$1.4B. Free cash flow increased 0.7% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)-$1.3BNet Cash From Investing (TTM)-$2.3BNet Cash From Financing (TTM)$5.1BCapital Expenditures (TTM)$120.0MDepreciation And Amortization Cf (TTM)$409.0MNet Change In Cash (TTM)$4.6B
Latest FilingQ1 2026
Report Date2026-05-12
Market Cap$40.4B
P/E Ratio250.40
ROE1.01%

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from Repayments of Related Party Debt-$2.0M-$29.0M$486.0K$0.0-$486.0K$0.0
Payments For Increase In Controlling Interest In Subsidiaries$0.0$0.0$0.0$0.0$0.0—
(Payments to) proceeds from consolidated CFE, net—$26.0M———-$26.0M
Cash repayments to related parties – net-$2.0M-$29.0M$486.0K$0.0-$486.0K$0.0
Repayments of Senior Debt$0.0$18.5M$18.5M$18.5M$18.5M—
Net Payments to Related Parties Under Cash Sweep and Credit Support Agreement-$2.0M-$29.0M$486.0K$0.0-$486.0K$0.0
Net Change in Related Party Debt-$2.0M-$29.0M$486.0K$0.0-$486.0K$0.0
Net cash from financing activities—$861.0M$5.7B$797.7M$780.4M-$2.2B
Proceeds from issuance of common stock$7.7M$8.0M$8.5M$22.1M$16.4M$19.0M
Taxes paid for net share settlement$7.8M$28.0M$6.1M$51.8M$19.2M$88.0M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from sales of loans held-for-sale—$38.0M———$452.0M
Adjustments to Reconcile Net Income—-$584.0M-$1.9B$73.6M-$1.3B$1.6B
Change in accounts payable$5.4M$110.0M-$13.5M-$52.8M-$76.7M-$72.0M
Change in other liabilities$0.0-$87.0M$110.6M$30.6M$35.8M$48.0M
Other working capital changes$0.0$0.0———$186.0M
Deferred income taxes$23.4M-$5.0M-$18.4M-$62.3M$97.7M$97.0M
Depreciation and amortization$29.4M$27.0M$27.5M$78.3M$157.1M$146.0M
Other operating reconciliation adjustments—-$584.0M-$1.9B$73.6M-$1.3B$1.6B
Net cash from operating activities—-$796.0M-$1.9B-$50.3M-$1.2B$1.9B
Net income$648.8M-$212.0M$34.1M-$123.9M—$297.0M
Gain on sale of loans excluding fair value of originated MSRs, net$286.6M$507.2M$472.4M$641.7M$464.7M$688.0M
Increase (Decrease) In Advance Receivables, Net$0.0$0.0———-$415.0M
Increase (Decrease) in Other Operating Assets—$149.0M$114.0M-$415.4M-$728.6M$329.0M
Fair value of originated MSRs$424.2M$264.4M$343.5M$385.7M$727.4M$688.0M
Payments For Origination Of Mortgage Loans Held For Sale$28.4B$21.0B$29.0B$31.4B$47.6B$43.6B
Payments To Purchase Other Loans Held For Sale$44.2M$122.0M$176.1M$123.1M$687.8M$453.0M
Stock-based compensation$35.1M$40.0M$50.1M$71.6M$181.4M$88.0M
Adjustments to Reconcile Net Income to Operating Cash Flow—-$584.0M-$1.9B$73.6M-$1.3B$1.6B

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$19.2M$14.0M$15.5M$21.5M$40.0M$43.0M
Payment for (Proceeds from) Other Investing Activity-$3.0M-$1.0M———$10.0M
Payments (Net Of Returns) To Acquire Mortgage Servicing Rights$95.6M$55.8M$177.8M$10.7M$305.7M$188.0M
Proceeds From Sale Of Mortgage Loans Held For Sale—$20.9B———$45.7B
MSRs$78.3M$144.0M$63.9M$107.1M$115.0M$576.0M
Net cash from investing activities-$36.2M$75.0M-$129.6M-$3.1M-$2.5B$335.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow—-$810.0M-$1.9B-$71.8M-$1.3B$1.8B

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest paid$119.8M$149.0M$149.0M$149.0M$149.0M—
Income Taxes Paid, Net$1.5M$500.0K$500.0K$500.0K$500.0K—

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net increase (decrease) in cash$40.2M$140.0M$3.7B$743.8M—$41.0M
Purchase of mortgage servicing rights holdback—$22.0M———$37.0M
Sale of mortgage servicing rights holdback—$23.0M———$48.0M
Proceeds from (Repayments of) Secured Debt—$889.0M$1.9B$883.1M$1.2B-$2.1B