Rocket Q1 FY26 net income swings to profit at $297 million; revenue rises to $2.94 billion

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  • Rocket Companies posted Q1 2026 net income of USD 297 million, swinging from a loss a year earlier, as revenue climbed to USD 2.94 billion.
  • Adjusted EBITDA rose to USD 738 million, while adjusted net income increased to USD 422 million.
  • Total net rate lock volume reached USD 49.4 billion, while closed mortgage loan origination volume totaled USD 44.7 billion with gain on sale margin of 2.74%.
  • Integration of Mr. Cooper acquisition progressed ahead of schedule, with more than half of servicing portfolio migrated to unified platform and USD 400 million expense synergy target expected to be fully realized by end-2026.
  • Adjusted revenue outlook set at USD 2.7 billion to USD 2.9 billion for Q2 2026; CEO Varun Krishna said Rocket “surpassed the top end of our guidance” as “search, origination, servicing, data and AI are connecting.”


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Companies Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DE54326) on May 07, 2026, and is solely responsible for the information contained therein.

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