Rocket Companies, Inc. (RKT)

The company now

Rocket Companies reported third-quarter 2026 total revenue of $3.28 billion and GAAP net income of $709 million on 29 October 2026, against a net loss of $124 million a year earlier 14.

Chief executive Varun Krishna said Rocket gained share in purchase and refinance loans and posted its highest profit margin in nearly five years, even as mortgage rates climbed to a three-year high 1.

The quarter was smaller than the one before it, though 4. Closed mortgage volume fell to $43.6 billion from $49.1 billion in the second quarter, and adjusted net income slipped to $419 million from $441 million 4.

Rocket expects adjusted revenue of $2.1 billion to $2.3 billion in the fourth quarter, below the $2.5 billion to $2.7 billion it projected for the third 14.

Krishna said the company's real-time data pointed to a fourth-quarter mortgage market smaller than industry forecasts suggest, with refinancing down by nearly half from the third quarter, HousingWire reported 4.

The open question is how much of the gain holds up when the loan market shrinks, since the company is also absorbing two large acquisitions completed in 2025 2.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.