Recent Updates — RKT
Rocket Companies reported third-quarter 2026 GAAP net income of $709 million, or $0.25 per diluted share, compared to a loss of $124 million in the prior-year period. Adjusted net income was $419 million, or $0.15 per diluted share, and adjusted EBITDA reached $748 million. Total revenue, net increased 93% year over year to $3.28 billion, driven by a 61% surge in mortgage origination volume. The company reported total liquidity of $11.4 billion as of September 30, 2026. Rocket Companies operates a homeownership platform encompassing mortgage lending, real estate brokerage, and personal finance services.
Rocket Companies appointed Sarah Watterson as an independent Class III director to its Board of Directors, effective August 17, 2026. This appointment expands the board from nine to ten members. Ms. Watterson brings over 15 years of experience in capital markets and executive leadership, having served as President of 3 Star Sports & Entertainment, LLC and Special Advisor at Brightline West. Her compensation includes a $75,000 annual cash retainer and an initial restricted stock unit grant valued at $215,000. Rocket Companies operates as a homeownership platform offering mortgage, real estate, and personal finance services.
Rocket Companies, Inc. reported second quarter 2026 results on August 6, 2026, generating total revenue of $2.78 billion and GAAP net income of $229 million. Adjusted metrics included revenue of $2.76 billion, adjusted net income of $441 million, and adjusted EBITDA of $766 million. The company achieved record purchase (6.2%) and refinance (14.3%) market shares, with total closed mortgage loan origination volume reaching $49.1 billion. Total liquidity stood at $11.2 billion as of June 30, 2026. For the third quarter of 2026, adjusted revenue is projected between $2.5 billion and $2.7 billion. Rocket Companies operates in the financial services industry, providing mortgage lending, real estate brokerage, title, and personal finance products.
Rocket Companies, Inc. entered into a new $2.5 billion unsecured revolving credit agreement maturing on July 16, 2029, with JPMorgan Chase Bank, N.A. as administrative agent. The company terminated its previous 2025 Credit Agreement without incurring any early termination penalties or prepayment premiums. Rocket Companies, Inc. operates in the mortgage and financial services industry.
On June 16, 2026, Rocket Companies, Inc. closed a private offering of $1.5 billion in senior notes, consisting of $900 million in 6.125% notes due 2031 and $600 million in 6.500% notes due 2034. The company will use the proceeds to repay Rocket Mortgage LLC's 2.875% Senior Notes due 2026 and 5.250% Senior Notes due 2028, which are scheduled for redemption on June 19, 2026, and July 9, 2026, respectively, as well as other indebtedness. The notes are senior unsecured and guaranteed by domestic subsidiaries. Rocket Companies operates in the financial services industry, primarily providing mortgage lending and real estate services.