RKT Rocket Companies, Inc.

Overview and Growth

Rocket Companies, Inc. generated $6.70B of revenue and net loss of $68.00M in fiscal 2025. At $6.70B, revenue provides the top-line context for the bank’s net income and balance-sheet returns, two central measures of earnings efficiency for a financial institution. Revenue was 31.2% above fiscal 2024 revenue of $5.10B, marking a year-over-year increase. On a per-share basis, diluted EPS was -$0.05, which connects the reported earnings outcome with the company’s diluted share count. Diluted EPS decreased by 123.8% from $0.21 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. Diluted shares averaged 1.32B; this is the reported share base over which the company’s diluted per-share earnings were spread. The diluted share count was 837.6% higher than fiscal 2024, when diluted shares averaged 141.04M, adding context to the EPS comparison. Total assets stood at $60.69B, defining the scale of the bank’s financial balance sheet and providing the base for evaluating earnings returns, capitalization, liquidity, and its shareholder-capital buffer.

Profitability

After all recognized items, the bank ended the period with a net loss of $68.00M. Net margin was -1.0%, reflecting a loss equal to 1.0% of reported revenue. The company reported a pretax loss of $214.00M, before the effect of income taxes. Pretax margin was -3.2%, reflecting a pre-tax loss equal to 3.2% of revenue. The reported income-tax provision was $20.00M, the amount recognized between pretax income and the final net-income result. The loss-to-equity relationship was 0.3%, placing the bottom-line deficit against shareholder capital. The loss-to-assets relationship was 0.1%, placing the bottom-line deficit against the company’s resource base. A $68.00M net loss replaced fiscal 2024 net income of $29.00M. Bank earnings depend on a large financial-asset base, making bottom-line profitability and returns on book capital central to the analysis. Asset-based returns show the earnings produced by the bank’s full balance sheet, while equity-based returns relate that result specifically to the shareholder-capital base and clarify the relationship between them.

Liquidity and Capital Structure

Total assets were $60.69B, supported by $37.79B of liabilities and $22.90B of shareholder equity. Reported cash and equivalents were $2.70B, separating immediately recognizable cash resources from the rest of the current-asset base. The equity-to-assets relationship was 37.7%, placing book capital against the total resource base. The liabilities-to-assets relationship was 62.3%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 4.4%, comparing reported cash and equivalents with the full positive asset balance. Compared with $24.51B in fiscal 2024, the current asset base moved 147.6% and finished higher. Book equity was 153.2% higher than fiscal 2024 equity of $9.04B, showing how shareholder capital changed year over year. The reported cash balance changed 111.8% from $1.27B in fiscal 2024, ending higher year over year. Equity capitalization is particularly important for a bank because it provides the loss-absorbing layer beneath a predominantly liability-funded balance sheet. Reading changes in assets and equity together shows how the bank’s operating scale and book-capital base developed over the year.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.