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.
An increase suggests higher margins on loan sales or improved pricing power, while a decrease may indicate competitive pricing pressure or unfavorable market conditions.
This represents the realized gain or loss from selling originated mortgage loans into the secondary market, excluding th...
Standard across mortgage lenders; comparable to gain-on-sale margins reported by other non-bank mortgage originators.
revenue_gain_loss_on_sales_of_loans_excluding_fair_value_b9d941| 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% |