Rocket Companies, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-68.0M | $29.0M | $-16.0M | $46.4M | $308.2M | $198.0M | $0 | $0 |
| Depreciation & Amortization | $104.0M | $89.0M | $88.0M | $94.0M | $74.7M | $74.3M | $75.0M | $76.9M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $186.0M | $24.0M | $22.0M | $24.7M | $4.0M | $4.6M | — | — |
| Stock-Based Compensation | $343.0M | $145.0M | $180.0M | $216.0M | $163.7M | $136.2M | $39.7M | $33.6M |
| Net Cash from Operating Activities | $-3.93B | $-2.63B | $111.0M | $10.82B | $7.74B | $-1.68B | $-6.98B | $1.43B |
| Investing Activities | ||||||||
| Capital Expenditures | $91.0M | $68.0M | $60.0M | $93.1M | $118.3M | $106.3M | $48.8M | $64.5M |
| Business Acquisitions | $2.32B | $0 | $0 | $0 | $1.23B | $0 | $0 | — |
| Net Cash from Investing Activities | $-2.53B | $-496.0M | $861.0M | $578.7M | $-664.9M | $517.2M | $71.9M | $-94.5M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | $0 | $0 | $177.7M | $231.6M | $0 | $0 | $0 |
| Net Cash from Financing Activities | $8.10B | $3.28B | $-624.0M | $-12.82B | $-6.92B | $1.76B | $7.23B | $-1.67B |
| Net Change in Cash | $1.65B | $152.0M | $348.0M | $-1.42B | $157.5M | $598.4M | $319.4M | $-337.1M |
| Free Cash Flow | $-4.02B | $-2.70B | $51.0M | $10.73B | $7.63B | $-1.78B | $-7.03B | $1.37B |