Rocket Companies Surpasses Q2 2025 Revenue Expectations

Rocket Companies Inc ( (RKT) ) has released its Q2 earnings. Here is a breakdown of the information Rocket Companies Inc presented to its investors.

Rocket Companies, Inc., a Detroit-based fintech platform, operates in the mortgage, real estate, and personal finance sectors, offering services through brands like Rocket Mortgage and Redfin. In its second quarter of 2025, Rocket Companies reported a total revenue of $1.36 billion and an adjusted revenue of $1.34 billion, surpassing its guidance range. The company achieved a GAAP net income of $34 million and an adjusted net income of $75 million, with an adjusted EBITDA of $172 million.

Key financial highlights include a 13% increase in net rate lock volume to $28.4 billion and an 18% rise in closed loan origination volume to $29.1 billion compared to the previous year. The company’s gain on sale margin decreased slightly to 2.80%. Rocket Companies also reported a strong liquidity position of $9.1 billion, including $5.1 billion in cash. Additionally, the company completed the acquisition of Redfin Corporation, enhancing its real estate offerings and expanding its client base.

Rocket Mortgage introduced several technological advancements, such as a fully digital refinance journey and AI-powered tools to streamline banker-client interactions, boosting client follow-ups by 20%. The company also launched a bridge loan product to aid homebuyers and was recognized by J.D. Power for client satisfaction in mortgage servicing for the 11th time.

Looking ahead, Rocket Companies anticipates adjusted revenue between $1.600 billion and $1.750 billion for the third quarter of 2025, incorporating a full quarter of Redfin’s financial results. The company’s strategic focus on technology and client satisfaction positions it well for continued growth in the competitive fintech and real estate markets.