Rocket Companies reports 709 million dollar third quarter net income

Rocket Companies reported third-quarter net income of 709 million dollars on total revenue of 3.28 billion dollars, according to HousingWire. The figures for the quarter ended September 30 mark a reversal from a net loss of 124 million dollars reported in the same period last year. Rocket Companies had recorded net income of 229 million dollars in the second quarter of 2026. [1]

Total net revenue almost doubled from 1.7 billion dollars in the third quarter of last year, HousingWire reported. Adjusted revenue reached 2.57 billion dollars, rising from 1.87 billion dollars a year earlier. However, adjusted net income experienced a slight decline, falling to 419 million dollars from 441 million dollars in the prior-year period. [1]

The Detroit-based mortgage lender gained market share across both purchase and refinance lending during the quarter, HousingWire reported. Total origination volume reached 43.6 billion dollars as the firm expanded overall operations despite broader real estate market headwinds. [1]

Looking ahead to the fourth quarter, Rocket Companies guided adjusted revenue to a range between 2.1 billion dollars and 2.3 billion dollars, according to HousingWire. Company executive guidance also noted that refinance origination volumes could fall by nearly 50 percent compared to the third quarter. [1]