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Compass COMP Franchise — Deferred Revenue

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Other financials

Income statement

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Revenue$4.3B+109%
Operating income$124.0M+218%
Net income$92.0M+136%
EPS (diluted)$0.11+57.1%

Balance sheet

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Cash & equivalents$694.0M+292%
Total debt$3.9B+743%
Total equity$3.0B+314%
Total assets$8.3B+422%

Cash flow

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Operating cash flow$191.0M+162%
CapEx$11.0M+120%
Free cash flow$180.0M+165%

Valuation

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Market cap$9.59B+121%
Enterprise value$12.81B+177%
P/E143.5×
P/S0.9×+0.2×

Profitability

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Operating margin-2.6%-5.9pp
Net margin0.6%+0.4pp
FCF margin1.2%-1.1pp

Returns & leverage

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Return on equity3.6%+2.1pp
Debt / equity1.3×+0.7×
Current ratio1.1×+0.3×

Where this comes from

Reported directly by Compass in its filing.

Tagged under the XBRL concept us-gaap:DeferredRevenue.

The source filing: Compass’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001563190-26-000143

In connection with the Anywhere Merger, the Company assumed $47 million of deferred revenue liabilities related to the acquired franchise business, primarily consisting of the ADFs that are recognized as franchise revenue over a 25-year period. During the six months ended June 30, 2026, the Company recognized $49 million in additional deferred revenue offset by $43 million of revenue recognized from various sources including brand marketing fees. The outstanding balance for deferred revenue was $53 million as of June 30, 2026 related to the Anywhere franchise business.

Item 1. Financial Statements (unaudited)

FAQ

What is Compass's franchise — deferred revenue?
Compass (COMP) reported franchise — deferred revenue of $53M in Q2 2026.
What does franchise — deferred revenue mean?
This represents the portion of franchise-related revenue that has been billed or collected but not yet earned under the terms of the franchise agreement. It reflects future performance obligations that the company must fulfill to recognize the revenue over the contract term.

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