Rocket Companies RKT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenues, Net of Interest Expense by Business | ||||||
| Direct to Consumer | $2.23B+181% | $2.03B+36.5% | $975.27M+195% | $1.03B+5.0% | $793M-27.5% | |
| Partner Network | $300M+110% | $238.55M+76.7% | $167.54M-5.3% | $148.21M-21.1% | $143M-16.0% | |
| Other income by Business | ||||||
| Direct to Consumer | $95M+86.3% | $369.58M+143% | $166.73M-0.6% | $144.04M-2.1% | $51M-61.4% | |
| Partner Network | $9M+80.0% | $8.74M+39.4% | $6.71M+15.8% | $6.35M+52.7% | $5M+32.3% | |
| Gain (Loss) on Sales of Loans, Net by Business | ||||||
| Direct to Consumer | $1.16B+76.1% | $945.85M+63.1% | $856.49M+28.6% | $668.13M+15.7% | $660M+22.2% | |
| Partner Network | $187M+94.8% | $216.73M+83.2% | $146.25M-13.0% | $126.22M-25.3% | $96M-35.8% | |
| Contribution margin by Business | ||||||
| Direct to Consumer | $1.15B+182% | $849.81M+126% | $468.87M+2.8% | $367.49M-1.9% | $407M+18.5% | |
| Partner Network | $144M+153% | $149.86M+94.5% | $96.02M-14.5% | $83.43M-34.0% | $57M-50.1% | |
| Expense, Directly Attributable To Adjusted Revenue by Business | ||||||
| Direct to Consumer | $962M+49.1% | $925.35M+75.3% | $683.75M+24.0% | $642.79M+20.4% | $645M+21.7% | |
| Partner Network | $156M+81.4% | $88.7M+53.1% | $71.52M+10.7% | $64.78M+5.3% | $86M+53.7% | |
| Interest Income by Business | ||||||
| Direct to Consumer | $376M+187% | $111.87M+97.1% | $73.46M+25.5% | $64.32M+7.5% | $131M+168% | |
| Partner Network | $104M+148% | $47.22M+2.0% | $51.86M+3.7% | $59.19M+12.5% | $42M+4.7% | |
| Servicing fee income by Business | ||||||
| Direct to Consumer | $1.08B+170% | $1.1B+185% | $410.83M+10.3% | $399.99M+13.2% | $400M+16.2% | |
| Partner Network | $0— | $0— | $0— | $0— | $0— | |
| Salaries, commissions and team member benefits by Business | ||||||
| Direct to Consumer | $396M+39.4% | $423.45M+62.9% | $344.29M+21.3% | $277.59M+9.2% | $284M+6.4% | |
| Partner Network | $56M+19.1% | $73.43M+51.0% | $60.57M+12.8% | $53.2M+10.3% | $47M+1.2% | |
| Other expenses by Business | ||||||
| Direct to Consumer | $64M+82.9% | $118.95M+171% | $53.57M+27.5% | $43.01M+36.2% | $35M+22.5% | |
| Partner Network | $1M-50.0% | $3.26M+21.9% | $2.81M+17.8% | $2.53M+25.9% | $2M+3.8% | |
| General and administrative expenses by Business | ||||||
| Direct to Consumer | $168M+115% | $156.69M+145% | $96.62M+53.1% | $95.37M+28.9% | $78M+0.2% | |
| Partner Network | $31M+520% | $9.72M+99.9% | $6.01M-0.6% | $6.53M-24.6% | $5M-7.8% | |
| Marketing and advertising expenses by Business | ||||||
| Direct to Consumer | $195M-8.5% | $161.26M+0.7% | $189.27M+16.6% | $226.81M+30.2% | $213M+36.2% | |
| Partner Network | $4M+33.3% | $2.29M+29.9% | $2.14M-13.5% | $2.52M-2.9% | $3M+38.2% | |
| Interest Expense by Business | ||||||
| Direct to Consumer | $139M+297% | —— | —— | —— | $35M— | |
| Partner Network | $64M+121% | —— | —— | —— | $29M— | |
| Mortgage Servicing Rights (MSR), Change In Fair Value by Business | ||||||
| Direct to Consumer | $485M+8.0% | $402.41M— | $479.52M-45.4% | $198.89M+76.1% | $449M+895% | |
| Partner Network | $0— | $0— | $0— | $0— | $0— | |
| Revenue by Product | ||||||
| Appraisal Revenue | $11M+22.2% | $10.67M+26.3% | $11.39M+23.5% | $10.41M+9.9% | $9M+1.6% | |
| Closing Fees | $49M+104% | $47.12M+52.3% | $35.47M+21.3% | $31.98M+31.5% | $24M+11.6% | |
| License | $42M— | —— | —— | —— | $0— | |
| Real Estate Brokerage | $138M— | $163.83M— | $177.17M— | $0— | $0— | |
| Real Estate Exchange Revenue | $15M— | —— | —— | —— | $0— | |
| Real Estate Partner Revenue | $9M-10.0% | —— | $20.45M+42.4% | —— | $10M— | |
| Subscription Revenue | $103M+21.2% | $91.32M+22.0% | $88.26M+33.8% | $86.9M+32.5% | $85M+40.3% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Rocket Companies break its business down?
- Rocket Companies (RKT) reports revenues, net of interest expense by business across 2 parts — Direct to Consumer and Partner Network. Each is extracted from the segment footnotes and tracked over time.
- Where does Rocket Companies's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Rocket Companies's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
