RKT Q4 2023 Earnings — Rocket Companies, Inc. Revenue & Financial Results | Market Cap Arena

RKTRocket Companies, Inc.

$45B

Q4 2023 Earnings

Financial Services Financial - Mortgages

Income Statement

Revenue

$771M+49.3% YoY

Gross Profit

$655M85.0% margin

Operating Income

-$243M-31.5% margin

Net Income

-$11M-1.4% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-39.3%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$1.4B

Stock-Based Comp.

$35M

Balance Sheet

Total Assets

$19.2B

Total Liabilities

$10.9B

Stockholders' Equity

$625M

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$771M	$517M	+49.3%
Gross Profit	$655M	$442M	+48.1%
Operating Income	-$243M	-$505M	+51.9%
Net Income	-$11M	-$18M	+39.6%

Revenue Segments

Direct To Customer Segment

$282M75%

Partner Network Segment

$95M25%