Compass Inc (COMP)
NYSE:COMP
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Earnings Data
Report Date
Aug 10, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.12Last Year’s EPS
0.07Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated strong operational and financial momentum from the Anywhere acquisition: pro forma revenue growth (+7% YoY), record Q1 adjusted EBITDA ($61M, +280% YoY), accelerated and increased cost-synergy targets with >$250M already actioned, robust franchise and integrated services growth, and productive strategic partnerships (Rocket/Redfin). At the same time, Q1 results reflect meaningful one-time and integration-related costs (transaction/integration expenses of $183M, elevated OpEx and noncash D&A), negative free cash flow in the quarter (–$168M), and several nonrecurring accounting benefits (e.g., $401M deferred tax benefit) that temper GAAP comparability. Management provided constructive forward guidance (Q2 revenue $4.0B–$4.2B, adjusted EBITDA $310M–$350M), expects FCF positivity in H2 and prioritized deleveraging, but execution risk remains around synergy realization timing, legal/settlement cash outflows, and integration complexity. Overall the positives—accelerated synergies, revenue and EBITDA beats, and strategic partnerships—outweigh the near-term integration and cash-flow headwinds.Company Guidance
Raised Cost Synergy Targets and Fast Early Realization
Increased year-1 cost synergy target from $250M to $300M and 3-year net cost synergy target from $400M to $500M (expected $420M P&L, $80M CapEx). Over $250M of cost synergies actioned as of April 1 (82 days post-close). 2026 in-year realized cost synergies guidance increased from ~$100M to ~$200M (now expecting ~$130M P&L/OpEx and ~$70M CapEx).
Pro Forma Revenue Growth and Adjusted EBITDA Beat
Q1 pro forma revenue $2.76B, up 7% year-over-year. Adjusted EBITDA was $61M (record for any Q1), exceeding guidance high end and up 280% from $16M a year ago.
Brokerage Outperformance vs. Market
Pro forma brokerage transactions up 2.6% YoY while the market was flat; pro forma brokerage GTV up 7.3% YoY vs. market up 1.5%. This marks 20 consecutive quarters of organic outperformance.
Franchise & Integrated Services Momentum
Pro forma franchise GTV +4.6% YoY (vs. housing market +1.5%). Pro forma integrated services revenue +11% YoY, driven primarily by title & escrow; refinance transactions +100% YoY and purchase transactions +4% YoY (market purchase +0.2%).
Strong Operational and Brand Achievements
Notable luxury sales (Sotheby's $350M world record; Coldwell Banker $170M Miami‑Dade record). Corcoran Sunshine $1.5B new-development contracts (strongest in 10+ years). Multiple brands executed largest franchise/M&A transactions in years; Christie's IRE added 8 franchises in the quarter.
Digital Partnerships & Lead Flow
Rocket and Redfin partnerships embedded: compass.com fastest-growing real estate website in Q1 with +38% YoY monthly average users; ~3,000 buyer inquiries sent to listing agents from Compass 'coming soon' on Redfin to date; minimum 1.2M leads from Rocket/Redfin over next 3 years with 24,000+ leads already delivered.
Technology & AI Productivity Gains
AI training initiatives freed an estimated $2M of resources in Q1 and identified potential annualized efficiencies of ~$23M. Estimated 30–40% of new code is produced by AI, accelerating product development velocity by ~20%. Data consolidation underway (6,000 legacy reports reduced to target ~100 high-fidelity reports).
Solid Balance Sheet & Ratings Progress
Ended Q1 with $484M cash (increase of $285M YTD), $880M net proceeds from convertible debt. No outstanding revolver borrowings at quarter end and remain compliant with leverage covenant. S&P initiated B+ and Moody's B2 corporate ratings, each with positive outlooks; bond ratings upgraded 2–3 notches.
COMP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
COMP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $7.26 | $9.24 | +27.27% |
Feb 26, 2026 | $10.00 | $9.75 | -2.50% |
Nov 04, 2025 | $7.78 | $8.36 | +7.46% |
Jul 30, 2025 | $7.23 | $7.94 | +9.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Compass Inc (COMP) report earnings?
Compass Inc (COMP) is schdueled to report earning on Aug 10, 2026, After Close (Confirmed).
What is Compass Inc (COMP) earnings time?
Compass Inc (COMP) earnings time is at Aug 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is COMP EPS forecast?
COMP EPS forecast for the fiscal quarter 2026 (Q2) is 0.12.