Rocket Companies reported a slight miss on both top and bottom lines for the second quarter of 2026, though results showed significant year-over-year expansion. The company achieved record purchase and refinance market share of 6.2% and 14.3%, respectively, while delivering its most profitable quarter in four years with adjusted EBITDA of $766 million.
Key Highlights
- Adjusted revenue of $2.76 billion missed the $2.82 billion analyst consensus, though it nearly doubled from $1.43 billion in the prior-year period.
- Net gain on sale of loans was $1.21 billion with a total margin of 2.48%, including a high 4.13% margin in the Direct to Consumer segment.
- AI-powered operational gains included a 40% increase in loan officer productivity and the deployment of AI Voice, which automated 50% of 1 million inbound servicing calls.