Rocket Companies IncRecord market share, strong earnings, raised synergy target, and reduced leverage.

Rocket Companies achieved record market share in both purchase and refinance during the second quarter of 2026, with purchase share reaching 6.2% and refinance share hitting 14.3%. Adjusted revenue came in at $2.8 billion, near the midpoint of guidance, while adjusted EBITDA rose to $766 million with a margin of 28%, up from 26% in the first quarter. Adjusted diluted EPS increased to $0.16 from $0.15 in the prior quarter. The company realized $100 million in annualized expense synergies from the Mr. Cooper integration and raised its synergy target by an additional $100 million, with the original $400 million goal expected by year-end. Rocket ended the quarter with $11.2 billion in liquidity and net corporate leverage of 0.9x, down 20% since year-end. For the third quarter, adjusted revenue is expected between $2.5 billion and $2.7 billion, reflecting a smaller mortgage market.
Rocket Companies IncRecord market share, strong earnings, raised synergy target, and reduced leverage.