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Rocket Companies RKT License — Revenue

Other product segments

Real Estate Brokerage
$138M
Subscription Revenue
$103M+21.2%
Closing Fees
$49M+104%
Real Estate Exchange Revenue
$15M
Appraisal Revenue
$11M+22.2%
Real Estate Partner Revenue
$9M

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ANABLicense — Revenue
$0-100%
Dianthus Therapeutics logo
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CWA
CWANLicense — Revenue
$2.4M+153%
Supernus Pharmaceuticals logo
SUPNLicense — Revenue recognized
$20M+433%

Other financials

Income statement

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Revenue$2.9B+167%
Net income$297.0M+3,070%
EPS (diluted)$0.10+225%

Balance sheet

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Cash & equivalents$3.0B+108%
Total debt$10.4B+3,260%
Total equity$23.2B+171%
Total assets$59.4B+135%

Cash flow

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Operating cash flow$1.9B+333%
CapEx$43.0M+207%
Free cash flow$1.8B+324%

Valuation

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Market cap$42.44B+1,776%
Enterprise value$49.9B-2,052%
P/E263×+220×
P/S4.9×+4.5×

Profitability

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Net margin-1.8%-2.4pp
FCF margin-16.2%

Returns & leverage

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Return on equity-1.2%-1.5pp
Debt / equity0.4×+0.4×

Where this comes from

Reported directly by Rocket Companies in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Rocket Companies’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rocket Companies's license — revenue?
Rocket Companies (RKT) reported license — revenue of $42M in Q1 2026.
What does license — revenue mean?
This metric captures the total revenue recognized from licensing agreements, encompassing both upfront payments and ongoing usage or royalty-based fees derived from customer contracts. It reflects the overall financial performance and monetization effectiveness of the company's licensing business segment. This figure is essential for assessing the long-term viability and recurring nature of the company's intellectual property monetization strategy.