Strong beat with integration momentum suggests continued outperformance. Focus on Q2 margin retention and mortgage rate environment. The stock may rally on the beat and synergy acceleration, but watch for any housing market slowdown.
Price Chart
Executive Summary
Rocket Companies reported Q1 2026 adjusted EPS of $0.15, beating consensus of $0.12 by 25%, and total revenue net of $2.94B vs $2.78B consensus. Adjusted revenue of $2.82B came in above the high end of guidance. Mr. Cooper integration is ahead of schedule, with $400M synergies expected by end of 2026. Q2 adjusted revenue guidance of $2.7-2.9B implies a maintained trajectory.
Key Financial Metrics
Key Facts
- Q1 total revenue net $2.94B vs $1.10B YoY (167% growth)
- GAAP net income $297M vs $(212M) loss YoY
- Adjusted diluted EPS $0.15 vs consensus $0.12 (25% beat)
- Adjusted revenue $2.82B above guidance high end ($2.7-2.9B)
- Q2 adjusted revenue guidance $2.7-2.9B
- Mr. Cooper integration ahead of schedule; $400M synergy target expected by end-2026 (one year early)
- AI prospecting added $1B incremental volume per month
- Direct to Consumer segment revenue $2.23B vs $0.79B YoY
Financial Impact
Q1 adjusted EPS beat by $0.03 (25%), revenue beat by ~$160M (5.8%). Strong profitability swing.
Risk Factors
- Mortgage rate sensitivity affecting origination volume
- Integration execution risk with Mr. Cooper and Redfin
- Potential housing market slowdown
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001805284-26-000064 |
| Document: 0001805284-26-000064-index.html | 0001805284-26-000064 |
| Document: 0001805284-26-000064.txt | 0001805284-26-000064 |
| 8-K Data (Synthetic) | 0001805284-26-000064 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 9, 2026 23d ago | Court Ruling | $13.43 $12.95 | ▼ −3.57% | ▼ −2.92% | $11.70 (−12.88%) |
Aug 31, 2026 4w ago | Court Ruling | $13.41 $14.00 | ▲ +4.36% | ▲ +4.50% | $11.70 (−12.75%) |
Aug 11, 2026 7w ago | Court Ruling | $14.32 $13.99 | ▼ −2.30% | ▼ −1.90% | $11.70 (−18.30%) |
Aug 6, 2026 8w ago | 8-K | $13.72 $14.76 | ▲ +7.58% | ▲ +7.18% | $11.70 (−14.72%) |
Jun 11, 2026 16w ago | Institutional Cluster | $13.43 $13.22 | ▼ −1.56% | ▼ −2.00% | $11.70 (−12.88%) |
Jun 11, 2026 16w ago | Institutional Cluster | $13.43 $13.22 | ▼ −1.56% | ▼ −2.00% | $11.70 (−12.88%) |
Jun 9, 2026 16w ago | 8-K | $13.18 $13.91 | ▲ +5.54% | ▲ +3.13% | $11.70 (−11.23%) |
May 7, 2026 21w ago | 8-K | $15.69 $14.28 | ▼ −8.99% | ▼ −10.45% | $11.70 (−25.43%) |
US Market Status
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