RKT Q3 2023 Earnings — Rocket Companies, Inc. Revenue & Financial Results | Market Cap Arena

RKTRocket Companies, Inc.

$45B

Q3 2023 Earnings

Financial Services Financial - Mortgages

Income Statement

Revenue

$1.3B-5.3% YoY

Gross Profit

$1.2B91.7% margin

Operating Income

$118M9.3% margin

Net Income

$6M0.5% margin

EPS (Diluted)

$0.00

QoQ Revenue Growth

-2.0%

Cash Flow

Operating Cash Flow

$328M

Free Cash Flow

$201M

Stock-Based Comp.

$42M

Balance Sheet

Total Assets

$20.6B

Total Liabilities

$12.1B

Stockholders' Equity

$612M

Cash & Equivalents

$957M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.3B	-5.3%
Gross Profit	$1.2B	$1.3B	-7.3%
Operating Income	$118M	$106M	+10.6%
Net Income	$6M	$7M	-10.2%

Revenue Segments

Direct To Customer Segment

$979M89%

Partner Network Segment

$123M11%