Revenue

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

StatementIncome Statement
SectionRevenue
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ1 2026May 12, 2026

How to read this metric

An increase suggests higher margins on loan sales or improved pricing power, while a decrease may indicate competitive pricing pressure or unfavorable market conditions.

Detailed definition

This represents the realized gain or loss from selling originated mortgage loans into the secondary market, excluding th...

Peer comparison

Standard across mortgage lenders; comparable to gain-on-sale margins reported by other non-bank mortgage originators.

Metric ID: revenue_gain_loss_on_sales_of_loans_excluding_fair_value_b9d941

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%

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 or loss made from selling loans to investors, excluding the value of future servicing rights.