Rocket Companies RKT
NYSE RKT
$13.20 -0.23 (-1.71%)
As of: Sep 10, 2026 · 3:59 PM EDT

Rocket Companies (RKT) Operating Expenses (2019 - 2026)

Rocket Companies' (RKT) quarterly Operating Expenses came in at $2.5 billion in Q2 2026, up 75.4% year-over-year from $1.4 billion in Q2 2025, and down 1.5% quarter-over-quarter from $2.5 billion in Q1 2026.

Analysis

Rocket Companies (RKT) Operating Expenses (2019 - 2026) Analysis & Trends

Rocket Companies has disclosed Operating Expenses across 8 years of filings, most recently posting $2.5 billion for Q2 2026.

  • In Q2 2026, Operating Expenses rose 75.4% year-over-year to $2.5 billion; the TTM figure through Jun 2026 stood at $9.4 billion (up 87.51% YoY), while the FY2025 annual figure was $6.9 billion, up 55.85% from the prior year.
  • Operating Expenses came in at $2.5 billion for Q2 2026 at Rocket Companies, down from $2.5 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $2.5 billion in Q1 2026 to a low of $936.5 million in Q4 2023.
  • Average Operating Expenses over 5 years is $1.4 billion, with a median of $1.2 billion recorded in 2022.
  • Year-over-year, Operating Expenses sank 43.24% in 2022 and soared 130.49% in 2025.
  • Over 5 years, Operating Expenses stood at $986.2 million in 2022, then dropped by 5.04% to $936.5 million in 2023, then rose by 16.89% to $1.1 billion in 2024, then jumped by 130.49% to $2.5 billion in 2025, then decreased by 0.8% to $2.5 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $2.5 billion in Q2 2026, $2.5 billion in Q1 2026, and $2.5 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Federal National Mortgage Association Fannie Mae 79.20 Bn 79.20 Bn - 2.07 Bn
2 Rocket Companies 37.40 Bn 34.29 Bn - 2.50 Bn
3 Figure Technology Solutions 8.09 Bn 6.55 Bn 196.67 Mn 147.85 Mn
4 PennyMac Financial Services 3.62 Bn 2.87 Bn 480.08 Mn 465.44 Mn
5 Federal Agricultural Mortgage 2.44 Bn 1.40 Bn - 11.59 Mn
6 CNFinance Holdings 1.37 Bn 1.37 Bn - -
7 Walker & Dunlop 1.34 Bn 1.18 Bn - 304.62 Mn
8 Velocity Financial 703.53 Mn -6.75 Bn - 59.75 Mn
9 UWM Holdings 453.97 Mn -44.44 Mn - 635.05 Mn
10 Onity 294.97 Mn 98.67 Mn - 139.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.50 Bn
Mar 31, 2026 2.54 Bn
Dec 31, 2025 2.52 Bn
Sep 30, 2025 1.79 Bn
Jun 30, 2025 1.43 Bn
Mar 31, 2025 1.32 Bn
Dec 31, 2024 1.09 Bn
Sep 30, 2024 1.14 Bn
Jun 30, 2024 1.11 Bn
Mar 31, 2024 1.09 Bn
Dec 31, 2023 936.55 Mn
Sep 30, 2023 1.09 Bn
Jun 30, 2023 1.10 Bn
Mar 31, 2023 1.08 Bn
Dec 31, 2022 986.21 Mn
Sep 30, 2022 1.19 Bn
Jun 30, 2022 1.31 Bn
Mar 31, 2022 1.61 Bn
Dec 31, 2021 1.74 Bn
Sep 30, 2021 1.69 Bn