Rocket Companies reported strong financial performance and successful integration of Redfin, with AI-driven efficiencies and growth in home equity loans. However, market challenges and increased expenses due to acquisitions present ongoing concerns.

Company Guidance -

Q3 2025

During the Rocket Companies' second quarter 2025 earnings call, the company reported impressive financial performance with adjusted revenue reaching $1.34 billion, exceeding the high end of their guidance. Net rate lock volume rose by 13% year-over-year, while they served over 100,000 origination clients, marking a 19% increase. The company achieved an adjusted EBITDA of $172 million, representing a 13% margin, and an adjusted diluted EPS of $0.04. Notably, home equity loan volume nearly doubled year-over-year. The call also highlighted the successful integration of Redfin, with Rocket seeing over 65 Redfin clients closing on homes since the acquisition. Looking ahead, Rocket projects third-quarter adjusted revenue between $1.6 billion and $1.75 billion, inclusive of Redfin, and expects to close the Mr. Cooper acquisition in Q4 2025.

Strong Quarterly Performance

Adjusted revenue reached $1.34 billion, exceeding the high end of guidance and achieving 9% year-over-year growth. Net rate lock volume increased by 13% year-over-year, and adjusted EBITDA was $172 million, representing a 13% margin.

Home Equity Loan Growth

Home equity loan volume nearly doubled year-over-year, setting a new record for units and volume. These loans now make up nearly half of all home equity loan clients.

AI-Driven Operational Improvements

AI-driven enhancements have increased refinance client follow-ups by nearly 20% and reduced manual underwriting processes, saving an estimated 20,000 hours annually.

Successful Redfin Integration

Post-acquisition, Redfin has enhanced Rocket's platform with a unified digital presence, increased traffic, and introduced Rocket preferred pricing. The integration has seen early success with high lead conversion rates.

Mr. Cooper Acquisition On Track

The Mr. Cooper transaction is on track to close in Q4, with significant planning and integration efforts underway.

Cost Efficiency Measures

Operational efficiency measures, including the wind down of Rocket Mortgage Canada and the credit card program, are expected to save approximately $80 million annually.

Rocket Companies (RKT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

RKT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.07 / -	0.08	―	―	―
Jul 31, 2025	2025 (Q2)	0.03 / 0.04	0.06	-33.33% (-0.02)
May 08, 2025	2025 (Q1)	0.04 / 0.04	0.04	0.00% (0.00)
Feb 27, 2025	2024 (Q4)	0.03 / 0.04	0	―
Nov 12, 2024	2024 (Q3)	0.08 / 0.08	0	―
Aug 01, 2024	2024 (Q2)	0.05 / 0.06	-0.02	400.00% (+0.08)
May 02, 2024	2024 (Q1)	<0.01 / 0.04	-0.06	166.67% (+0.10)
Feb 22, 2024	2023 (Q4)	-0.05 / 0.00	-0.1	―
Nov 02, 2023	2023 (Q3)	-0.02 / 0.00	-0.08	―
Aug 03, 2023	2023 (Q2)	-0.04 / -0.02	-0.03	33.33% (<+0.01)	―

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

RKT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$14.77	$16.54	+11.98%
May 08, 2025	$11.65	$11.11	-4.64%
Feb 27, 2025	$12.14	$13.25	+9.14%
Nov 12, 2024	$14.70	$13.37	-9.05%

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 Rocket Companies (RKT) report earnings?

Rocket Companies (RKT) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Rocket Companies (RKT) earnings time?

Rocket Companies (RKT) earnings time is at Oct 30, 2025, 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 RKT EPS forecast?

RKT EPS forecast for the fiscal quarter 2025 (Q3) is 0.08.

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