Rocket Companies Gross Profit Growth & History (RKT)
Rocket Companies's gross profit was $2.31B for fiscal 2024.
View full Rocket Companies company overviewRocket Companies annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | $2.31B | $1.01B | +76.96% |
| 2023 | 2023-12-31 | $1.31B | −$1.29B | −49.71% |
| 2022 | 2022-12-31 | $2.60B | −$5.66B | −68.52% |
| 2021 | 2021-12-31 | $8.26B | −$2.81B | −25.37% |
| 2020 | 2020-12-31 | $11.06B | $8.97B | +427.54% |
| 2019 | 2019-12-31 | $2.10B | $425.2M | +25.44% |
| 2018 | 2018-12-31 | $1.67B | — | — |
Rocket Companies quarterly gross profit
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q4 2024 | 2024-12-31 | $1.04B | $892.3M | +596.51% |
| Q3 2024 | 2024-09-30 | −$54.4M | −$622.6M | — |
| Q2 2024 | 2024-06-30 | $616.5M | $45.5M | +7.97% |
| Q1 2024 | 2024-03-31 | $708.9M | $690.6M | +3777.24% |
| Q4 2023 | 2023-12-31 | $149.6M | $262.7M | — |
| Q3 2023 | 2023-09-30 | $568.2M | $1.3M | +0.22% |
| Q2 2023 | 2023-06-30 | $571.0M | −$11.9M | −2.05% |
| Q1 2023 | 2023-03-31 | $18.3M | −$1.54B | −98.83% |
| Q4 2022 | 2022-12-31 | −$113.1M | −$1.58B | — |
| Q3 2022 | 2022-09-30 | $566.9M | −$1.38B | −70.82% |
| Q2 2022 | 2022-06-30 | $582.9M | −$943.6M | −61.81% |
| Q1 2022 | 2022-03-31 | $1.56B | −$1.76B | −52.95% |
| Q4 2021 | 2021-12-31 | $1.47B | −$1.89B | −56.36% |
| Q3 2021 | 2021-09-30 | $1.94B | −$1.49B | −43.38% |
| Q2 2021 | 2021-06-30 | $1.53B | −$2.30B | −60.08% |
| Q1 2021 | 2021-03-31 | $3.32B | $2.87B | +640.87% |
| Q4 2020 | 2020-12-31 | $3.36B | — | — |
| Q3 2020 | 2020-09-30 | $3.43B | $2.67B | +348.09% |
| Q2 2020 | 2020-06-30 | $3.82B | $3.60B | +1619.40% |
| Q1 2020 | 2020-03-31 | $448.2M | — | — |
| Q3 2019 | 2019-09-30 | $765.8M | — | — |
| Q2 2019 | 2019-06-30 | $222.4M | — | — |
Rocket Companies gross profit trends
Over the last five fiscal years, Rocket Companies's gross profit increased from $2.10B to $2.31B, a change of $216.0M. The latest reported quarter, Q4 2024, shows $1.04B.
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Rocket Companies source filings ↗