What is Compass's brokerage — technology and development?

Compass (COMP) reported brokerage — technology and development of $8M in Q1 2026.

What does brokerage — technology and development mean?

This represents the investment in the proprietary software platform, digital tools, and engineering talent dedicated to the brokerage segment. It includes costs for maintaining and upgrading the CRM, marketing, and transaction management tools used by agents. This is a critical differentiator for the company's value proposition.

Compass COMP Brokerage — Technology and development

Other segment segments

Franchise

$6M+500%

Integrated Services

$2M+100%

Similar metrics at other companies

FRHCBrokerage — Brokerage services

$17.23M+1,236%

FRHCBrokerage — Sales of goods and services

$0—

FRHCBrokerage — Advertising and sponsorship expense (including $27,151,$18,497, and — from related parties)

$8.99M-5.2%

AJGBrokerage — Depreciation

$49M+48.5%

FRHCBrokerage — Stock compensation expense

$4.04M-47.3%

SOFIBrokerage — Total net revenue from contracts with customers

$15.1M+116%

Other financials

Income statement

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Revenue$2.7B+99.4%

Operating income-$351.0M-550%

Net income$22.0M+143%

EPS (diluted)$0.03+133%

Balance sheet

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Cash & equivalents$484.0M+281%

Total debt$3.9B+715%

Total equity$2.8B+344%

Total assets$8.1B+426%

Cash flow

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Operating cash flow-$157.0M-783%

CapEx$11.0M+175%

Free cash flow-$168.0M-984%

Valuation

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Market cap$7.48B+20.1%

Enterprise value$10.92B+81.9%

P/E526.7×—

P/S0.9×-0.2×

Profitability

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Operating margin-4.3%-7.5pp

Net margin0.2%+0.1pp

FCF margin0.2%-1.8pp

Returns & leverage

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Return on equity0.8%+0.4pp

Debt / equity1.4×+0.6×

Current ratio0.8×+0.3×

Where this comes from

Reported directly by Compass in its filing.

Tagged under the XBRL concept comp:TechnologyAndDevelopmentExpense.

The official record: Compass’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Compass's brokerage — technology and development?: Compass (COMP) reported brokerage — technology and development of $8M in Q1 2026.
What does brokerage — technology and development mean?: This represents the investment in the proprietary software platform, digital tools, and engineering talent dedicated to the brokerage segment. It includes costs for maintaining and upgrading the CRM, marketing, and transaction management tools used by agents. This is a critical differentiator for the company's value proposition.