What is Rocket Companies's partner network — interest expense?

Rocket Companies (RKT) reported partner network — interest expense of $64M in Q1 2026.

What does partner network — interest expense mean?

This represents the cost of borrowing funds used to finance the mortgage loans originated within the partner network segment before they are sold to the secondary market. It is primarily driven by the volume of loans held and the prevailing short-term interest rates. This is a direct cost of goods sold for a mortgage lender.

Rocket Companies RKT Partner Network — Interest Expense

Similar metrics at other companies

NRIMHome Mortgage Lending — Interest Expense

$1.39M+3.6%

FBKMortgage — Interest Expense

-$911K+16.5%

CIMMortgage Origination — Interest Expense

$10.12M—

FSBWHome Lending — Interest Expense Intersegment

$5.85M+2.7%

MVBFMortgage Banking — Interest Expense

$0—

PFSIMortgage Banking Lending Sector — Interest Expense Before Non Segment Activities

$95.59M+24.9%

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 rkt:InterestExpenseOperatingAndNonoperatingAdjusted.

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 partner network — interest expense?: Rocket Companies (RKT) reported partner network — interest expense of $64M in Q1 2026.
What does partner network — interest expense mean?: This represents the cost of borrowing funds used to finance the mortgage loans originated within the partner network segment before they are sold to the secondary market. It is primarily driven by the volume of loans held and the prevailing short-term interest rates. This is a direct cost of goods sold for a mortgage lender.