Rocket Companies Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.70B | $5.10B | $3.80B | $5.84B | $12.91B | $15.65B | $5.07B | $4.21B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | $2.31B | $1.31B | $2.60B | $8.26B | $11.06B | $2.10B | $1.67B |
| Gross Margin | — | 45.3% | 34.4% | 44.5% | 63.9% | 70.7% | 41.4% | 39.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.44B | $893.0M | $803.0M | $906.2M | $1.18B | $1.05B | $685.0M | $592.5M |
| Operating Income | $-214.0M | $668.0M | $-403.0M | $741.9M | $6.18B | $9.53B | $904.4M | $618.1M |
| Operating Margin | -3.2% | 13.1% | -10.6% | 12.7% | 47.9% | 60.9% | 17.8% | 14.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-214.0M | $668.0M | $-403.0M | $741.9M | $6.18B | $9.53B | $904.4M | $618.1M |
| Income Tax Expense | $20.0M | $32.0M | $-13.0M | $42.0M | $112.7M | $132.4M | $7.3M | $3.2M |
| Net Income | $-68.0M | $29.0M | $-16.0M | $46.4M | $308.2M | $198.0M | $0 | $0 |
| Net Margin | -1.0% | 0.6% | -0.4% | 0.8% | 2.4% | 1.3% | 0.0% | 0.0% |
| EPS (Basic) | $-0.05 | $0.02 | $-0.01 | $0.04 | $0.26 | $0.01 | — | — |
| EPS (Diluted) | $-0.05 | $0.02 | $-0.02 | $0.03 | $0.26 | $0.01 | — | — |
| Shares Outstanding (Basic) | 1.32B | 1.27B | 1.16B | 1.09B | 1.18B | 17.12B | — | — |
| Shares Outstanding (Diluted) | 1.32B | 1.27B | 17.82B | 17.74B | 17.90B | 17.78B | — | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |