Operating
Gain on sale of loans excluding fair value of originated MSRs, net
Rocket Companies Gain on sale of loans excluding fair value of originated MSRs, net increased by 48.1% to $688.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 35.6%, from $507.20M to $688.00M. Over 4 years (FY 2021 to FY 2025), Gain on sale of loans excluding fair value of originated MSRs, net shows a downward trend with a -25.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ1 2026May 12, 2026
How to read this metric
Higher gains indicate strong pricing power and efficient loan production margins.
Detailed definition
This measures the net profit or loss realized from selling originated mortgage loans to the secondary market, excluding...
Peer comparison
Standard metric for mortgage originators; highly sensitive to interest rate cycles.
Metric ID:
operating_gain_loss_on_sales_of_loans_excluding_fair_val_cd4737Historical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.48B | $1.75B | $993.59M | $687.17M | $347.37M | $139.73M | $0.00 | $265.00M | $279.63M | $241.50M | $187.83M | $476.43M | $413.01M | $506.69M | $286.57M | $507.20M | $472.38M | $641.72M | $464.71M | $688.00M |
| QoQ Change | — | +17.7% | -43.1% | -30.8% | -49.4% | -59.8% | -100.0% | — | +5.5% | -13.6% | -22.2% | +153.6% | -13.3% | +22.7% | -43.4% | +77.0% | -6.9% | +35.8% | -27.6% | +48.1% |
| YoY Change | — | — | — | — | -76.6% | -92.0% | -100.0% | -61.4% | -19.5% | +72.8% | — | +79.8% | +47.7% | +109.8% | +52.6% | +6.5% | +14.4% | +26.7% | +62.2% | +35.6% |
Range$0.00 – $1.75B
CAGR-14.9%
Avg YoY Growth+10.6%
Median YoY Growth+26.7%
Gain on sale of loans excluding fair value of originated MSRs, net at Other Companies
Frequently Asked Questions
- What is Rocket Companies's gain on sale of loans excluding fair value of originated msrs, net?
- Rocket Companies (RKT) reported gain on sale of loans excluding fair value of originated msrs, net of $688.00M in Q1 2026.
- How has Rocket Companies's gain on sale of loans excluding fair value of originated msrs, net changed year-over-year?
- Rocket Companies's gain on sale of loans excluding fair value of originated msrs, net increased by 35.6% year-over-year, from $507.20M to $688.00M.
- What is the long-term trend for Rocket Companies's gain on sale of loans excluding fair value of originated msrs, net?
- Over 4 years (2021 to 2025), Rocket Companies's gain on sale of loans excluding fair value of originated msrs, net has grown at a -25.0% compound annual growth rate (CAGR), from $6.60B to $2.09B.
- What does gain on sale of loans excluding fair value of originated msrs, net mean?
- The profit made from selling mortgage loans to investors.