Rocket returns to profit in Q2 FY26 with GAAP net income $229 million; revenue rises to $2.78 billion
RKT•Q2 FY26 results
- Rocket Companies posted Q2 2026 GAAP net income of $229 million, swinging from profit of $34 million a year earlier.
- Revenue climbed to $2.78 billion from $1.45 billion in Q2 2025.
- Non-GAAP adjusted EBITDA rose to $766 million from $172 million, while non-GAAP adjusted net income increased to $441 million from $75 million.
Market share gains and outlook
- Purchase market share rose 0.7 percentage points to 6.2% from Q4 2025; refinance share increased 2.1 percentage points to 14.3%.
- The company forecast non-GAAP adjusted revenue of $2.5 billion-$2.7 billion for Q3 2026.
- CEO Varun Krishna cited record purchase and refinance share gains.
