RKT Q3 2024 Earnings — Rocket Companies, Inc. Revenue & Financial Results | Market Cap Arena

RKTRocket Companies, Inc.

$45B

Q3 2024 Earnings

Financial Services Financial - Mortgages

Income Statement

Revenue

$749M-41.1% YoY

Gross Profit

$608M81.2% margin

Operating Income

-$497M-66.4% margin

Net Income

-$22M-2.9% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-45.8%

Cash Flow

Operating Cash Flow

-$1.3B

Free Cash Flow

-$1.7B

Stock-Based Comp.

$40M

Balance Sheet

Total Assets

$25.1B

Total Liabilities

$16.8B

Stockholders' Equity

$652M

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$749M	$1.3B	-41.1%
Gross Profit	$608M	$1.2B	-47.8%
Operating Income	-$497M	$118M	-522.8%
Net Income	-$22M	$6M	-454.7%

Revenue Segments

Direct To Customer Segment

$1.0B85%

Partner Network Segment

$177M15%