RKT Q1 2022 Earnings — Rocket Companies, Inc. Revenue & Financial Results | Market Cap Arena

RKTRocket Companies, Inc.

$45B

Q1 2022 Earnings

Financial Services Financial - Mortgages

Income Statement

Revenue

$2.7B-41.1% YoY

Gross Profit

$2.6B97.0% margin

Operating Income

$1.1B39.2% margin

Net Income

$54M2.0% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+2.4%

Cash Flow

Operating Cash Flow

$8.8B

Free Cash Flow

$8.7B

Stock-Based Comp.

$56M

Balance Sheet

Total Assets

$25.2B

Total Liabilities

$16.5B

Stockholders' Equity

$547M

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$4.6B	-41.1%
Gross Profit	$2.6B	$4.5B	-41.6%
Operating Income	$1.1B	$2.8B	-62.6%
Net Income	$54M	$124M	-56.6%

Revenue Segments

Direct To Customer Segment

$2.2B88%

Partner Network Segment

$292M12%