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Rocket Companies RKT Partner Network — Marketing and advertising expenses

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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:MarketingAndAdvertisingExpenseAdjusted.

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 — marketing and advertising expenses?
Rocket Companies (RKT) reported partner network — marketing and advertising expenses of $4M in Q1 2026.
How has Rocket Companies's partner network — marketing and advertising expenses changed year-over-year?
Rocket Companies's partner network — marketing and advertising expenses increased by 33.3% year-over-year, from $3M to $4M.
What is the long-term trend for Rocket Companies's partner network — marketing and advertising expenses?
Over 3 years (2022 to 2025), Rocket Companies's partner network — marketing and advertising expenses has grown at a -33.2% compound annual growth rate (CAGR), from $33.45M to $9.95M.
What does partner network — marketing and advertising expenses mean?
This represents the costs incurred to acquire partners or promote the partner network brand to brokers and other intermediaries. It is a discretionary expense used to drive loan volume and maintain market share within the partner channel. Management adjusts this spend based on market conditions and growth targets.