RKT Q3 2020 Earnings — Rocket Companies, Inc. Revenue & Financial Results | Market Cap Arena

RKTRocket Companies, Inc.

$42B

Q3 2020 Earnings

Financial Services Financial - Mortgages

Income Statement

Revenue

$4.7B+183.1% YoY

Gross Profit

$4.6B97.7% margin

Operating Income

$3.1B65.2% margin

Net Income

$58M1.2% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

-7.9%

Cash Flow

Operating Cash Flow

-$1.8B

Free Cash Flow

-$1.8B

Stock-Based Comp.

$33M

Balance Sheet

Total Assets

$37.8B

Total Liabilities

$31.4B

Stockholders' Equity

$331M

Cash & Equivalents

$3.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.7B	$1.7B	+183.1%
Gross Profit	$4.6B	$1.6B	+188.4%
Operating Income	$3.1B	$500M	+511.7%
Net Income	$58M	$0	—

Revenue Segments

Direct To Customer Segment

$3.4B74%

Partner Network Segment

$1.2B26%