RKT Q2 2020 Earnings — Rocket Companies, Inc. Revenue & Financial Results | Market Cap Arena

RKTRocket Companies, Inc.

$42B

Q2 2020 Earnings

Financial Services Financial - Mortgages

Income Statement

Revenue

$5.1B+424.7% YoY

Gross Profit

$5.0B98.3% margin

Operating Income

$3.5B68.5% margin

Net Income

$3.5B68.1% margin

EPS (Diluted)

$0.00

QoQ Revenue Growth

+262.0%

Cash Flow

Operating Cash Flow

-$2.3B

Free Cash Flow

-$2.3B

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$28.9B

Total Liabilities

$23.3B

Stockholders' Equity

$5.5B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.1B	$970M	+424.7%
Gross Profit	$5.0B	$904M	+453.1%
Operating Income	$3.5B	-$54M	+6523.9%
Net Income	$3.5B	-$54M	+6556.7%

Revenue Segments

Direct To Customer Segment

$4.2B84%

Partner Network Segment

$783M16%