Rocket Companies RKT Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Revenues, Net of Interest Expense by Business | |||||
| Direct to Consumer | $4.83B+24.0% | $3.89B+30.2% | $2.99B-37.5% | $4.78B-54.8% | |
| Partner Network | $697.31M+4.1% | $670M+52.6% | $439M-31.3% | $638.61M-63.8% | |
| Other income by Business | |||||
| Direct to Consumer | $731.35M+22.1% | $599M+6.0% | $565M+25.6% | $449.81M-55.1% | |
| Partner Network | $26.8M+34.0% | $20M+33.3% | $15M-54.8% | $33.16M-68.7% | |
| Gain (Loss) on Sales of Loans, Net by Business | |||||
| Direct to Consumer | $3.13B+32.5% | $2.36B+42.3% | $1.66B-35.5% | $2.57B-70.9% | |
| Partner Network | $585.2M-3.3% | $605M+63.1% | $371M-31.3% | $540.23M-66.2% | |
| Contribution margin by Business | |||||
| Direct to Consumer | $2.09B+35.0% | $1.55B+49.6% | $1.04B-1.4% | $1.05B-83.6% | |
| Partner Network | $386.3M-10.2% | $430M+116% | $199M-28.0% | $276.3M-74.4% | |
| Expense, Directly Attributable To Adjusted Revenue by Business | |||||
| Direct to Consumer | $2.9B+35.2% | $2.14B+11.4% | $1.92B-23.6% | $2.52B-31.9% | |
| Partner Network | $311M+29.6% | $240M0.0% | $240M-33.8% | $362.32M-47.2% | |
| Interest Income by Business | |||||
| Direct to Consumer | $380.64M+69.9% | $224M+23.1% | $182M-18.2% | $222.62M-16.1% | |
| Partner Network | $200.27M+6.0% | $189M+30.3% | $145M+16.0% | $125.03M-22.5% | |
| Servicing fee income by Business | |||||
| Direct to Consumer | $2.31B+58.6% | $1.46B+4.2% | $1.4B-4.0% | $1.46B+10.0% | |
| Partner Network | $0— | $0— | $0— | $0— | |
| Salaries, commissions and team member benefits by Business | |||||
| Direct to Consumer | $1.33B+24.8% | $1.07B+5.0% | $1.01B-22.6% | $1.31B— | |
| Partner Network | $234.19M+18.9% | $197M-2.0% | $201M-27.4% | $276.76M— | |
| Other expenses by Business | |||||
| Direct to Consumer | $250.53M+71.6% | $146M+22.7% | $119M-37.4% | $190.09M— | |
| Partner Network | $10.6M+17.8% | $9M+12.5% | $8M-28.5% | $11.19M— | |
| Interest and amortization on non-funding debt by Business | |||||
| Direct to Consumer | $65M— | —— | —— | —— | |
| Partner Network | $0— | —— | —— | —— | |
| General and administrative expenses by Business | |||||
| Direct to Consumer | $426.68M+52.9% | $279M+47.6% | $189M-9.5% | $208.87M— | |
| Partner Network | $27.26M+9.0% | $25M+19.0% | $21M-48.7% | $40.92M— | |
| Marketing and advertising expenses by Business | |||||
| Direct to Consumer | $790.35M+21.0% | $653M+8.5% | $602M-25.6% | $808.82M— | |
| Partner Network | $9.95M+10.5% | $9M-10.0% | $10M-70.1% | $33.45M— | |
| Mortgage Servicing Rights (MSR), Change In Fair Value by Business | |||||
| Direct to Consumer | $1.53B— | —— | $701M— | —— | |
| Partner Network | $0— | $0— | $0— | $0— | |
| Revenue by Product | |||||
| Appraisal Revenue | $41.46M+15.2% | $36M-10.0% | $40M-38.5% | $65.08M-32.5% | |
| Closing Fees | $138.57M+30.7% | $106M+35.9% | $78M-50.6% | $157.85M-68.8% | |
| Real Estate Brokerage | $341M— | —— | —— | —— | |
| Subscription Revenue | $351.48M+31.6% | $267M+49.2% | $179M+51.3% | $118.34M— |
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.
