Rocket Companies, Inc. (RKT) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 1.86B | -1.23B | -50.27M | -1.85B | -797M | 1.84B | -1.34B | -122.33M | -3.01B | 1.39B | 328.38M | -280.63M | -1.33B | 1.22B | 3.02B | -2.19B | 8.77B | 4.41B | 779.49M | -3.72B |
| Operating CF Margin % | 67.82% | -49.24% | -2.81% | -127.5% | -72.37% | 100.42% | -178.61% | -8.85% | -209.92% | 180.71% | 25.85% | -21.66% | -189.07% | 235.89% | 225.2% | -152.39% | 323.43% | 166.36% | 24.45% | -135.99% |
| Operating CF Growth % | 333% | -166.71% | 96.24% | -1412.42% | 73.55% | 32.23% | -507.26% | 56.41% | -127.26% | 14.38% | -89.12% | 87.17% | -115.11% | -72.35% | 287.38% | 41.14% | 39.83% | 122.09% | 144.53% | -62.07% |
| Net Income | 297M | -234M | -123.85M | 212.27M | -212.45M | 648.61M | -481.42M | 177.93M | 290.71M | -10.63M | 114.94M | 139.15M | -411.48M | -492.65M | 96.22M | 59.76M | 1.04B | 865.32M | 1.39B | 1.04B |
| Depreciation & Amortization | 146M | 157M | 78.34M | -26.83M | 26.91M | 29.28M | 28.61M | 28.01M | 27.02M | 26.59M | 27.64M | 25.36M | 30.68M | 23.99M | 24.21M | 24.78M | 21.04M | 19.24M | 19.58M | 20.59M |
| Stock-Based Compensation | 88M | 313.23M | 71.56M | -39.93M | 40.02M | 35.56M | 39.93M | 39M | 31M | 35.39M | 42.09M | 50.7M | 51.96M | 47.62M | 56.35M | 56.44M | 55.59M | 39.84M | 40.87M | 40.93M |
| Deferred Taxes | 97M | 12.06M | -62.26M | 5.32M | -5.34M | 23.75M | -13.24M | 14.93M | 3.91M | -14.19M | 2.75M | 2.16M | -8.51M | 406K | 1.31M | 32.67M | 1.79M | -6.5M | 2.5M | 13.86M |
| Other Non-Cash Items | 1.13B | -1.73B | -405.15M | -2.09B | -555.48M | 1.13B | -1.07B | -387.91M | -3.36B | 1.55B | 45.61M | -469.66M | -913.4M | 2.43B | 2.44B | -1.69B | 7.05B | 3.68B | -782.85M | -4.03B |
| Working Capital Changes | 102M | 254.75M | 391.09M | 90.67M | -90.67M | -27.4M | 162.85M | 5.72M | -8M | -188.95M | 95.34M | -28.34M | -74.94M | -785.99M | 401.25M | -671.54M | 603.67M | -192.77M | 106.53M | -797.49M |
| Change in Receivables | 0 | -432.81M | -2.15M | 558K | -558K | 981K | -901K | 4.25M | 956K | -8.77M | 61.03M | -63.72M | 2.72M | 383K | -1.38M | 998K | -1.04M | -81K | 1.31M | 923K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -61.03M | 0 | -77.67M | -383K | 1.38M | -998K | 0 | 0 | 0 | 0 |
| Change in Payables | -72M | -76.72M | -52.82M | -109.79M | 109.79M | 5.79M | -30.02M | 16.91M | 17.69M | -28.57M | 42.98M | 21.9M | 18.71M | -87.5M | -29.89M | -55.14M | 17.32M | -84.16M | 59.75M | -9.93M |
| Cash from Investing | 335M | -2.47B | -3.07M | -129.85M | 75.27M | -35.65M | -233.8M | -261.49M | 35.46M | 122.19M | 97.22M | 577.5M | 58.63M | 196.57M | -26.35M | 189.79M | 218.73M | -1.17B | 512.11M | 33.94M |
| Capital Expenditures | -43M | -39.99M | -21.51M | 14.01M | -14.01M | -18.72M | -18.74M | -16.02M | -14.03M | 540K | -127.13M | -21.92M | -27.11M | -1.17M | -27.21M | -37.06M | -42.32M | -169.45M | -65.7M | -31.03M |
| CapEx % of Revenue | 1.57% | 1.6% | 1.2% | 0.97% | 1.27% | 1.02% | 2.5% | 1.16% | 0.98% | 0.07% | 10.01% | 1.69% | 3.87% | 0.23% | 2.03% | 2.58% | 1.56% | 6.4% | 2.06% | 1.14% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | 734M | 0 | 11.99B | 11.56B | 9.89B | 9.52B | 11.21B | 9.67B | 9.62B | 6.9B | 9.65B | 10.16B | 10.25B | 9.14B | 11.29B | 14.17B | 13.06B | 21.84B | 26.61B | 26.9B |
| Other Investing | -10M | 2M | 18.44M | -143.85M | 89.28M | -16.93M | -215.06M | -245.46M | 49.49M | -611M | 117.97M | 599.42M | 84.73M | 197.74M | 860K | 226.85M | 15.58M | -997.48M | 34.82M | 0 |
| Cash from Financing | -2.15B | 780.43M | 797.66M | 5.66B | 861.01M | -1.77B | 1.48B | 827.48M | 2.73B | -1.37B | -351.63M | -336.61M | 1.44B | -1.52B | -3.08B | 594.25M | -8.82B | -3.4B | -963.41M | 2.79B |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 19M | -224.58M | 22.08M | 8.42M | 8.09M | 7.32M | 21.23M | 6.66M | 5.4M | 57.95M | 7.23M | 6.13M | 6.12M | -5.26M | -14.13M | -31.96M | -88.59M | -174.5M | -24.39M | 9.28M |
| Dividends Paid | -2M | 0 | 0 | -231.32M | -5.4M | 0 | -1.94M | -14.7M | -1.94M | -4.83M | 0 | 0 | -1.59M | -1.9M | 33.93M | -1.88B | -2.14B | -1.68B | -70.54M | -2.04B |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11.7M | -20.56M | -45.28M | -100.16M | -187.7M | -35.57M | -8.31M |
| Other Financing | -114M | 217.01M | -51.23M | 27.52M | -2.07M | 84.96M | -36.32M | -4.33M | -16.56M | -1.19B | -35.75M | 66.5M | -7.34M | -7.92M | -27.4M | 1.88B | -33.13M | 1.67B | -340.82M | 839.93M |
| Net Change in Cash | 41M | -3.16B | 743.82M | 3.68B | 139.29M | 40.72M | -88.66M | 443.87M | -243.45M | 144.91M | 74.14M | -39.9M | 168.59M | -102.55M | -92.44M | -1.4B | 176.09M | -168.05M | 327.19M | -888.1M |
| Free Cash Flow | 1.81B | -1.27B | -71.78M | -1.87B | -866.84M | 1.73B | -1.67B | -452.53M | -3.04B | 1.39B | 201.25M | -299.27M | -1.35B | 1.22B | 2.99B | -2.22B | 8.73B | 4.24B | 713.79M | -3.75B |
| FCF Margin % | 66.25% | -50.84% | -4.01% | -128.56% | -78.71% | 94.19% | -222.57% | -32.74% | -212.11% | 180.78% | 15.84% | -23.1% | -192.93% | 235.66% | 223.17% | -154.97% | 321.87% | 159.96% | 22.39% | -137.12% |
| FCF Growth % | 309.27% | -173.44% | 95.69% | -312.27% | 71.52% | 23.98% | -928.11% | -51.21% | -125.02% | 14.54% | -93.27% | 86.54% | -115.5% | -71.27% | 319.22% | 40.64% | 39.97% | 117.17% | 140.2% | -61.37% |
| FCF per Share | 0.64 | -0.45 | -0.03 | -0.91 | -0.42 | 0.84 | -0.83 | -0.23 | -1.53 | 0.70 | 0.10 | -0.15 | -0.69 | 0.62 | 1.52 | -1.13 | 4.42 | 2.13 | 0.36 | -1.88 |
| FCF Conversion (FCF/Net Income) | 6.25x | -18.08x | 0.41x | 1036.48x | 76.76x | 54.42x | 60.76x | -94.46x | -185.80x | -131.07x | 52.91x | -37.73x | 71.57x | -69.18x | 436.98x | -640.40x | 163.32x | 91.71x | 10.35x | -60.80x |
| Interest Paid | 0 | 0 | 0 | 0 | 278K | 479.78M | 433K | 429K | 429K | 0 | 0 | 429K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |