Rocket Companies, Inc. (NYSE: RKT) announced its financial results for the third quarter ended September 30, 2026, reporting record profitability metrics. According to the filing, the company generated total revenue, net of $3.28 billion for the quarter. This resulted in GAAP net income of $709 million and adjusted net income of $419 million.
The company reported adjusted EBITDA of $748 million for the quarter. The filing highlights that Rocket achieved its highest profitability margin in nearly five years. CEO Varun Krishna stated that the company gained market share in both purchase and refinance segments during the period.
In terms of volume, excluding correspondent channels, Rocket generated $30.4 billion in net rate lock volume and $33.5 billion in closed mortgage loan origination volume. The Direct to Consumer segment produced $22.1 billion in net rate lock volume and $24.6 billion in closed loan volume. The Rocket Pro segment generated $8.2 billion in net rate lock volume and $9.0 billion in closed loan volume.
On the balance sheet, Rocket reported total liquidity of $11.4 billion as of September 30, 2026. This includes $2.7 billion in cash and cash equivalents, $2.5 billion in undrawn lines of credit, and $6.2 billion in undrawn available MSR and advance lines of credit. The company’s total servicing portfolio unpaid principal balance was $2.0 trillion, servicing 9.1 million loans.
Looking ahead to the fourth quarter of 2026, the company expects adjusted revenue to be between $2.1 billion and $2.3 billion.
