Rocket Companies Reports Record Purchase and Refinance Market Share in Q2 2026

Earnings
โดย GuruFocus·US·Read original
Summary · why it matters

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.

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Rocket Companies Inc
RKT
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Record market share, strong earnings, raised synergy target, and reduced leverage.