Non-Current Assets

Advance receivables, net of reserves and discount of $131 and $120, respectively

Rocket Companies Advance receivables, net of reserves and discount of $131 and $120, respectively decreased by 20.4% to $1.62B in Q1 2026 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2024
Last reportedQ1 2026

How to read this metric

An increase may indicate higher servicing obligations or potential liquidity strain, while a decrease suggests efficient recovery of advanced funds.

Detailed definition

This represents the net amount of funds advanced by the company to borrowers or investors, typically related to servicin...

Peer comparison

Specific to mortgage servicers; peers track this to assess the capital intensity of their servicing operations.

Metric ID: non_current_assets_advances_receivables_net

Historical Data

3 periods
 Q4 '24Q4 '25Q1 '26
Value$559.00M$2.04B$1.62B
QoQ Change+264.9%-20.4%
YoY Change+264.9%
Range$559.00M$2.04B
Avg YoY Growth+264.9%
Median YoY Growth+264.9%

Frequently Asked Questions

What is Rocket Companies's advance receivables, net of reserves and discount of $131 and $120, respectively?
Rocket Companies (RKT) reported advance receivables, net of reserves and discount of $131 and $120, respectively of $1.62B in Q1 2026.
What does advance receivables, net of reserves and discount of $131 and $120, respectively mean?
Net funds owed to the company from advances made during the loan servicing process.