RKT Q4 2022 Earnings — Rocket Companies, Inc. Revenue & Financial Results | Market Cap Arena

RKTRocket Companies, Inc.

$45B

Q4 2022 Earnings

Financial Services Financial - Mortgages

Income Statement

Revenue

$517M-80.5% YoY

Gross Profit

$442M85.6% margin

Operating Income

-$505M-97.8% margin

Net Income

-$18M-3.4% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-61.5%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.2B

Stock-Based Comp.

$48M

Balance Sheet

Total Assets

$20.1B

Total Liabilities

$11.6B

Stockholders' Equity

$577M

Cash & Equivalents

$722M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$517M	$2.6B	-80.5%
Gross Profit	$442M	$2.5B	-82.1%
Operating Income	-$505M	$855M	-159.1%
Net Income	-$18M	$48M	-136.7%

Revenue Segments

Direct To Customer Segment

$325M82%

Partner Network Segment

$71M18%