Compass returns to GAAP profit in Q2 FY26; revenue rises 14.3% year over year to $4.31 billion - COMP News | RalliesCompass returns to GAAP profit in Q2 FY26; revenue rises 14.3% year over year to $4.31 billion
C
COMP• Q2 FY26 results
- Compass reported Q2 revenue of $4.31 billion, more than doubled year over year, with GAAP net income rising to $92 million.
- Adjusted EBITDA (non-GAAP) climbed to $363 million, while operating cash flow rose to $191 million and free cash flow reached $180 million.
Synergies and outlook
- Raised Year 1 actioned net cost synergy target to $330 million; Q3 outlook calls for revenue of $3.85 billion-$4.05 billion.
Balance sheet and operating metrics
- Cash and cash equivalents increased $210 million quarter over quarter to $694 million; long-term debt totaled $3.14 billion with no revolver balance.
- Brokerage GTV rose 15.9% year over year on a pro forma basis to $155.2 billion; transactions increased 7.4% to 153,009.
•
