Rocket Companies reported fourth-quarter earnings after market close on Thursday that surpassed Wall Street forecasts. The company also issued a robust outlook for the first quarter of 2026, which propelled its shares approximately 6% higher in pre-market trading on Friday.
The Detroit-based fintech platform announced its quarterly results for the period ended December 31, 2025, revealing: - Revenue of $2.69 billion, exceeding analyst estimates of $2.27 billion. - Adjusted earnings per share of $0.11, a 75% increase year-over-year, and beating the expected $0.09.
CEO Varun Krishna commented in a statement, "Rocket demonstrated it is in a class of its own this quarter," adding, "We exceeded our guidance in a quarter that capped off a transformative year. I am incredibly proud of the collaborative execution by the teams at Rocket, Mr. Cooper, and Redfin."
Notably, Rocket Companies shared that since completing the acquisition of Redfin in July 2025, the latter has achieved $140 million in cost synergies in less than six months.
The homeownership services provider also projected first-quarter adjusted revenue to be in the range of $2.6 billion to $2.8 billion, once again topping Wall Street's expectation of $2.26 billion.