Rocket Companies Gross Profit Growth & History (RKT)

Rocket Companies's gross profit was $2.31B for fiscal 2024.

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Rocket Companies annual gross profit history

Rocket Companies annual gross profit

Fiscal yearPeriod endedGross profitChangeGrowth
20242024-12-31$2.31B$1.01B+76.96%
20232023-12-31$1.31B−$1.29B−49.71%
20222022-12-31$2.60B−$5.66B−68.52%
20212021-12-31$8.26B−$2.81B−25.37%
20202020-12-31$11.06B$8.97B+427.54%
20192019-12-31$2.10B$425.2M+25.44%
20182018-12-31$1.67B

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.

About the metric

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.

Calculation and source

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.

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