# Rocket Companies Returns to Quarterly Profit

The mortgage and personal-finance company reported $709 million in net income and forecast lower adjusted revenue for the fourth quarter.

By Will Langan | 24X7 News
Published: 2026-10-30T00:03:08.789Z
Updated: 2026-10-30T00:03:08.789Z
Section: Money
Format: News
Canonical: https://24x7news.us/articles/rocket-companies-third-quarter-results-october-29-2026

Rocket Companies reported October 29 that third-quarter GAAP net income reached $709 million, compared with a $124 million loss a year earlier.

The Detroit-based company said total revenue, net, increased to $3.284 billion from $1.695 billion for the quarter ended September 30. Diluted earnings were 25 cents a share, compared with a loss of 6 cents.

Its adjusted revenue was $2.574 billion and adjusted net income was $419 million. These measures exclude specified items and differ from the GAAP figures. Rocket's reconciliation removes $710 million in valuation-assumption changes affecting mortgage-servicing rights and related liabilities, net of hedges, from reported revenue.

The company reported $43.6 billion in total closed mortgage originations and a servicing portfolio covering 9.1 million loans at quarter-end.

For the fourth quarter, Rocket projected adjusted revenue of $2.1 billion–$2.3 billion. That outlook is a company forecast rather than completed results.

Sources:
Rocket Companies earnings release via PR Newswire: https://www.tradingview.com/news/prnewswire:29ff34831e478:0-rocket-companies-announces-third-quarter-2026-results/

## Sources
- Rocket Companies October 29 earnings release via PR Newswire: https://www.tradingview.com/news/prnewswire:29ff34831e478:0-rocket-companies-announces-third-quarter-2026-results/