10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001805284-21-000034 |
| Period End Date | 20210630 |
| Filing Date | 20210813 |
| Fiscal Year | 2021 |
| Fiscal Period | Q2 |
| XBRL Instance | rkt-20210630_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
80 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Property and equipment, accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$497.81M | USD | Point-in-time |
| Property and equipment, accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$531.28M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.77B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.97B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.97B | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$77.45M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$83.02M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$78.37M | USD | Point-in-time |
| Mortgage loans held for sale, at fair value |
MortgagesHeldForSaleFairValueDisclosure
|
$22.87B | USD | Point-in-time |
| Mortgage loans held for sale, at fair value |
MortgagesHeldForSaleFairValueDisclosure
|
$23.19B | USD | Point-in-time |
| Mortgage servicing rights (MSRs), at fair value |
ServicingAssetAtFairValueAmount
|
$4.30B | USD | Point-in-time |
| Mortgage servicing rights (MSRs), at fair value |
ServicingAssetAtFairValueAmount
|
$2.86B | USD | Point-in-time |
| Mortgage servicing rights (MSRs), at fair value |
ServicingAssetAtFairValueAmount
|
$2.87B | USD | Point-in-time |
| Mortgage servicing rights (MSRs), at fair value |
ServicingAssetAtFairValueAmount
|
$2.17B | USD | Point-in-time |
| Mortgage servicing rights (MSRs), at fair value |
ServicingAssetAtFairValueAmount
|
$2.29B | USD | Point-in-time |
| Mortgage servicing rights (MSRs), at fair value |
ServicingAssetAtFairValueAmount
|
$4.64B | USD | Point-in-time |
| MSRs collateral for financing liability, at fair value |
MortgageServicingRightCollateralForFinancingLiabilityFairValue
|
$205.03M | USD | Point-in-time |
| MSRs collateral for financing liability, at fair value |
MortgageServicingRightCollateralForFinancingLiabilityFairValue
|
- | USD | Point-in-time |
| Notes receivable and due from affiliates |
DueFromRelatedParties
|
$10.98M | USD | Point-in-time |
| Notes receivable and due from affiliates |
DueFromRelatedParties
|
$22.17M | USD | Point-in-time |
| Property and equipment, net of accumulated depreciation and amortization of $531,281 and $497,812, respectively |
PropertyPlantAndEquipmentNet
|
$242.60M | USD | Point-in-time |
| Property and equipment, net of accumulated depreciation and amortization of $531,281 and $497,812, respectively |
PropertyPlantAndEquipmentNet
|
$211.16M | USD | Point-in-time |
| Deferred tax asset, net |
DeferredIncomeTaxAssetsNet
|
$519.93M | USD | Point-in-time |
| Deferred tax asset, net |
DeferredIncomeTaxAssetsNet
|
$592.91M | USD | Point-in-time |
| Lease right of use assets |
OperatingLeaseRightOfUseAsset
|
$238.55M | USD | Point-in-time |
| Lease right of use assets |
OperatingLeaseRightOfUseAsset
|
$304.59M | USD | Point-in-time |
| Loans subject to repurchase right from Ginnie Mae |
LoansSubjectToRepurchaseRightAsset
|
$2.77B | USD | Point-in-time |
| Loans subject to repurchase right from Ginnie Mae |
LoansSubjectToRepurchaseRightAsset
|
$5.70B | USD | Point-in-time |
| Other assets |
OtherAssets
|
$876.58M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$941.48M | USD | Point-in-time |
| Total assets |
Assets
|
$37.53B | USD | Point-in-time |
| Total assets |
Assets
|
$35.62B | USD | Point-in-time |
| Funding facilities |
SecuredDebt
|
$17.22B | USD | Point-in-time |
| Funding facilities |
SecuredDebt
|
$17.74B | USD | Point-in-time |
| Lines of credit |
LineOfCredit
|
$375.00M | USD | Point-in-time |
| Lines of credit |
LineOfCredit
|
$75.00M | USD | Point-in-time |
| Senior Notes, net |
SeniorNotes
|
$2.97B | USD | Point-in-time |
| Senior Notes, net |
SeniorNotes
|
$2.98B | USD | Point-in-time |
| Early buy out facility |
OtherLongTermDebt
|
$330.27M | USD | Point-in-time |
| Early buy out facility |
OtherLongTermDebt
|
$2.15B | USD | Point-in-time |
| MSRs financing liability, at fair value |
MortgageServicingRightFinancingLiabilityFairValue
|
$187.79M | USD | Point-in-time |
| MSRs financing liability, at fair value |
MortgageServicingRightFinancingLiabilityFairValue
|
- | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$251.96M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrentAndNoncurrent
|
$287.53M | USD | Point-in-time |
| Lease liabilities |
OperatingLeaseLiability
|
$272.27M | USD | Point-in-time |
| Lease liabilities |
OperatingLeaseLiability
|
$345.93M | USD | Point-in-time |
| Forward commitments, at fair value |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
|
$91.73M | USD | Point-in-time |
| Forward commitments, at fair value |
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
|
$506.07M | USD | Point-in-time |
| Investor reserves |
LoanRepresentationAndWarrantyReserve
|
$55.67M | USD | Point-in-time |
| Investor reserves |
LoanRepresentationAndWarrantyReserve
|
$74.20M | USD | Point-in-time |
| Investor reserves |
LoanRepresentationAndWarrantyReserve
|
$93.94M | USD | Point-in-time |
| Investor reserves |
LoanRepresentationAndWarrantyReserve
|
$63.01M | USD | Point-in-time |
| Investor reserves |
LoanRepresentationAndWarrantyReserve
|
$87.19M | USD | Point-in-time |
| Investor reserves |
LoanRepresentationAndWarrantyReserve
|
$54.39M | USD | Point-in-time |
| Notes payable and due to affiliates |
DueToRelatedPartiesCurrentAndNoncurrent
|
$73.90M | USD | Point-in-time |
| Notes payable and due to affiliates |
DueToRelatedPartiesCurrentAndNoncurrent
|
$76.87M | USD | Point-in-time |
| Tax receivable agreement liability |
TaxReceivableAgreementLiability
|
$550.28M | USD | Point-in-time |
| Tax receivable agreement liability |
TaxReceivableAgreementLiability
|
$669.74M | USD | Point-in-time |
| Loans subject to repurchase right from Ginnie Mae |
LoansSubjectToRepurchaseRightLiability
|
$5.70B | USD | Point-in-time |
| Loans subject to repurchase right from Ginnie Mae |
LoansSubjectToRepurchaseRightLiability
|
$2.77B | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$605.49M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$697.14M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$29.65B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$27.43B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$363.92M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$282.74M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$207.42M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$261.35M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$317.00K | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$431.00K | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$7.56B | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$7.39B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$8.31B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.66B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.55B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$7.88B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.52B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$8.19B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$37.53B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$35.62B | USD | Point-in-time |
Income Statement
131 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$4.08B | USD | 1 Quarter |
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$1.48B | USD | 1 Quarter |
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$3.86B | USD | 2 Qtrs |
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$5.37B | USD | 2 Qtrs |
| Fair value of originated MSRs |
MortgageServicingRightFairValueOnOrigination
|
$2.03B | USD | 2 Qtrs |
| Fair value of originated MSRs |
MortgageServicingRightFairValueOnOrigination
|
$669.92M | USD | 1 Quarter |
| Fair value of originated MSRs |
MortgageServicingRightFairValueOnOrigination
|
$1.21B | USD | 2 Qtrs |
| Fair value of originated MSRs |
MortgageServicingRightFairValueOnOrigination
|
$857.11M | USD | 1 Quarter |
| Gain on sale of loans, net |
GainLossOnSalesOfLoansNet
|
$4.75B | USD | 1 Quarter |
| Gain on sale of loans, net |
GainLossOnSalesOfLoansNet
|
$2.34B | USD | 1 Quarter |
| Gain on sale of loans, net |
GainLossOnSalesOfLoansNet
|
$6.58B | USD | 2 Qtrs |
| Gain on sale of loans, net |
GainLossOnSalesOfLoansNet
|
$5.89B | USD | 2 Qtrs |
| Servicing fee income |
ContractuallySpecifiedServicingFeesAmount
|
$343.35M | USD | 1 Quarter |
| Servicing fee income |
ContractuallySpecifiedServicingFeesAmount
|
$249.84M | USD | 1 Quarter |
| Servicing fee income |
ContractuallySpecifiedServicingFeesAmount
|
$506.94M | USD | 2 Qtrs |
| Servicing fee income |
ContractuallySpecifiedServicingFeesAmount
|
$635.71M | USD | 2 Qtrs |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$552.84M | USD | 1 Quarter |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$168.82M | USD | 2 Qtrs |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$414.75M | USD | 1 Quarter |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$1.54B | USD | 2 Qtrs |
| Loan servicing (loss) income, net |
LoanServicingIncomeLoss
|
$466.89M | USD | 2 Qtrs |
| Loan servicing (loss) income, net |
LoanServicingIncomeLoss
|
$-303.00M | USD | 1 Quarter |
| Loan servicing (loss) income, net |
LoanServicingIncomeLoss
|
$-1.04B | USD | 2 Qtrs |
| Loan servicing (loss) income, net |
LoanServicingIncomeLoss
|
$-71.40M | USD | 1 Quarter |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$181.89M | USD | 2 Qtrs |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$86.64M | USD | 1 Quarter |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$78.04M | USD | 1 Quarter |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$152.08M | USD | 2 Qtrs |
| Interest expense on funding facilities |
InterestExpenseFundingFacilities
|
$93.22M | USD | 2 Qtrs |
| Interest expense on funding facilities |
InterestExpenseFundingFacilities
|
$53.76M | USD | 1 Quarter |
| Interest expense on funding facilities |
InterestExpenseFundingFacilities
|
$64.38M | USD | 1 Quarter |
| Interest expense on funding facilities |
InterestExpenseFundingFacilities
|
$132.22M | USD | 2 Qtrs |
| Interest income, net |
InterestIncomeExpenseNet
|
$58.87M | USD | 2 Qtrs |
| Interest income, net |
InterestIncomeExpenseNet
|
$24.28M | USD | 1 Quarter |
| Interest income, net |
InterestIncomeExpenseNet
|
$22.27M | USD | 1 Quarter |
| Interest income, net |
InterestIncomeExpenseNet
|
$49.67M | USD | 2 Qtrs |
| Other income |
OtherIncome
|
$376.39M | USD | 1 Quarter |
| Other income |
OtherIncome
|
$804.73M | USD | 2 Qtrs |
| Other income |
OtherIncome
|
$842.50M | USD | 2 Qtrs |
| Other income |
OtherIncome
|
$560.95M | USD | 1 Quarter |
| Total revenue, net |
RevenuesNetOfInterestExpense
|
$7.25B | USD | 2 Qtrs |
| Total revenue, net |
RevenuesNetOfInterestExpense
|
$6.40B | USD | 2 Qtrs |
| Total revenue, net |
RevenuesNetOfInterestExpense
|
$5.04B | USD | 1 Quarter |
| Total revenue, net |
RevenuesNetOfInterestExpense
|
$2.67B | USD | 1 Quarter |
| Salaries, commissions and team member benefits |
LaborAndRelatedExpense
|
$854.01M | USD | 1 Quarter |
| Salaries, commissions and team member benefits |
LaborAndRelatedExpense
|
$840.47M | USD | 1 Quarter |
| Salaries, commissions and team member benefits |
LaborAndRelatedExpense
|
$1.68B | USD | 2 Qtrs |
| Salaries, commissions and team member benefits |
LaborAndRelatedExpense
|
$1.54B | USD | 2 Qtrs |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$554.23M | USD | 2 Qtrs |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$289.18M | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$262.81M | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$483.26M | USD | 2 Qtrs |
| Marketing and advertising expenses |
MarketingAndAdvertisingExpense
|
$627.53M | USD | 2 Qtrs |
| Marketing and advertising expenses |
MarketingAndAdvertisingExpense
|
$420.19M | USD | 2 Qtrs |
| Marketing and advertising expenses |
MarketingAndAdvertisingExpense
|
$202.20M | USD | 1 Quarter |
| Marketing and advertising expenses |
MarketingAndAdvertisingExpense
|
$306.69M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$20.59M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$16.19M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$32.30M | USD | 2 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$35.89M | USD | 2 Qtrs |
| Interest and amortization expense on non-funding debt |
InterestAndAmortizationExpenseNonFundingDebt
|
$66.28M | USD | 2 Qtrs |
| Interest and amortization expense on non-funding debt |
InterestAndAmortizationExpenseNonFundingDebt
|
$33.17M | USD | 1 Quarter |
| Interest and amortization expense on non-funding debt |
InterestAndAmortizationExpenseNonFundingDebt
|
$35.04M | USD | 1 Quarter |
| Interest and amortization expense on non-funding debt |
InterestAndAmortizationExpenseNonFundingDebt
|
$70.61M | USD | 2 Qtrs |
| Other expenses |
OtherNoninterestExpense
|
$155.54M | USD | 1 Quarter |
| Other expenses |
OtherNoninterestExpense
|
$378.19M | USD | 2 Qtrs |
| Other expenses |
OtherNoninterestExpense
|
$142.45M | USD | 1 Quarter |
| Other expenses |
OtherNoninterestExpense
|
$276.67M | USD | 2 Qtrs |
| Total expenses |
CostsAndExpenses
|
$1.61B | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$3.35B | USD | 2 Qtrs |
| Total expenses |
CostsAndExpenses
|
$1.55B | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$2.82B | USD | 2 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$3.59B | USD | 2 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$3.90B | USD | 2 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$1.06B | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$3.49B | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$24.05M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$21.45M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$22.68M | USD | 2 Qtrs |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$89.88M | USD | 2 Qtrs |
| Net income |
ProfitLoss
|
$3.81B | USD | 2 Qtrs |
| Net income |
ProfitLoss
|
$3.46B | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$99.05M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$1.04B | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$2.78B | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.56B | USD | 2 Qtrs |
| Net income attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$3.63B | USD | 2 Qtrs |
| Net income attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$975.53M | USD | 1 Quarter |
| Net income attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$3.46B | USD | 1 Quarter |
| Net income attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$3.56B | USD | 2 Qtrs |
| Net income attributable to Rocket Companies |
NetIncomeLoss
|
$61.12M | USD | 1 Quarter |
| Net income attributable to Rocket Companies |
NetIncomeLoss
|
$184.82M | USD | 2 Qtrs |
| Net income attributable to Rocket Companies |
NetIncomeLoss
|
- | USD | 2 Qtrs |
| Net income attributable to Rocket Companies |
NetIncomeLoss
|
- | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$1.47 | USD | 2 Qtrs |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.45 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.40 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$1.46 | USD | 2 Qtrs |
| Basic (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
125.96M | shares | 2 Qtrs |
| Basic (shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
136.14M | shares | 1 Quarter |
| Diluted (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
1.99B | shares | 1 Quarter |
| Diluted (shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
132.10M | shares | 2 Qtrs |
| Net income |
ProfitLoss
|
$3.81B | USD | 2 Qtrs |
| Net income |
ProfitLoss
|
$3.46B | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$99.05M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$1.04B | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$2.78B | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.56B | USD | 2 Qtrs |
| Cumulative translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-1.76M | USD | 1 Quarter |
| Cumulative translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$719.00K | USD | 1 Quarter |
| Cumulative translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$494.00K | USD | 1 Quarter |
| Cumulative translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-1.04M | USD | 2 Qtrs |
| Cumulative translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$801.00K | USD | 2 Qtrs |
| Cumulative translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$307.00K | USD | 1 Quarter |
| Unrealized gain on investment securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-364.00K | USD | 1 Quarter |
| Unrealized gain on investment securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$527.00K | USD | 1 Quarter |
| Unrealized gain on investment securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$163.00K | USD | 2 Qtrs |
| Unrealized gain on investment securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$7.09M | USD | 1 Quarter |
| Unrealized gain on investment securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$7.09M | USD | 2 Qtrs |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$1.04B | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$3.57B | USD | 2 Qtrs |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$3.81B | USD | 2 Qtrs |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$3.47B | USD | 1 Quarter |
| Comprehensive income attributable to non-controlling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$3.47B | USD | 1 Quarter |
| Comprehensive income attributable to non-controlling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$3.57B | USD | 2 Qtrs |
| Comprehensive income attributable to non-controlling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$976.49M | USD | 1 Quarter |
| Comprehensive income attributable to non-controlling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$3.63B | USD | 2 Qtrs |
| Comprehensive income attributable to Rocket Companies |
ComprehensiveIncomeNetOfTax
|
- | USD | 2 Qtrs |
| Comprehensive income attributable to Rocket Companies |
ComprehensiveIncomeNetOfTax
|
$61.19M | USD | 1 Quarter |
| Comprehensive income attributable to Rocket Companies |
ComprehensiveIncomeNetOfTax
|
- | USD | 1 Quarter |
| Comprehensive income attributable to Rocket Companies |
ComprehensiveIncomeNetOfTax
|
$184.88M | USD | 2 Qtrs |
Cash Flow Statement
94 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$3.81B | USD | 2 Qtrs |
| Net income |
ProfitLoss
|
$3.46B | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$99.05M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$1.04B | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$2.78B | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.56B | USD | 2 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$20.59M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$16.19M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$32.30M | USD | 2 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$35.89M | USD | 2 Qtrs |
| Provision for deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$52.32M | USD | 2 Qtrs |
| Provision for deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
- | USD | 2 Qtrs |
| Origination of mortgage servicing rights |
MortgageServicingRightFairValueOnOrigination
|
$2.03B | USD | 2 Qtrs |
| Origination of mortgage servicing rights |
MortgageServicingRightFairValueOnOrigination
|
$669.92M | USD | 1 Quarter |
| Origination of mortgage servicing rights |
MortgageServicingRightFairValueOnOrigination
|
$1.21B | USD | 2 Qtrs |
| Origination of mortgage servicing rights |
MortgageServicingRightFairValueOnOrigination
|
$857.11M | USD | 1 Quarter |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$552.84M | USD | 1 Quarter |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$168.82M | USD | 2 Qtrs |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$414.75M | USD | 1 Quarter |
| Change in fair value of MSRs |
MortgageServicingRightsMSRImpairmentRecovery
|
$1.54B | USD | 2 Qtrs |
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$4.08B | USD | 1 Quarter |
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$1.48B | USD | 1 Quarter |
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$3.86B | USD | 2 Qtrs |
| Gain on sale of loans excluding fair value of MSRs, net |
GainLossOnSalesOfLoansExcludingFairValueOfMortgageServicingRightsNet
|
$5.37B | USD | 2 Qtrs |
| Disbursements of mortgage loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$187.98B | USD | 2 Qtrs |
| Disbursements of mortgage loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$122.06B | USD | 2 Qtrs |
| Proceeds from sale of loans held for sale |
ProceedsFromSaleOfLoansHeldForSale
|
$121.56B | USD | 2 Qtrs |
| Proceeds from sale of loans held for sale |
ProceedsFromSaleOfLoansHeldForSale
|
$192.05B | USD | 2 Qtrs |
| Share-based compensation expense |
ShareBasedCompensation
|
$60.31M | USD | 2 Qtrs |
| Share-based compensation expense |
ShareBasedCompensation
|
$83.00M | USD | 2 Qtrs |
| Due from affiliates |
IncreaseDecreaseDueFromAffiliates
|
$-11.20M | USD | 2 Qtrs |
| Due from affiliates |
IncreaseDecreaseDueFromAffiliates
|
- | USD | 2 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$200.69M | USD | 2 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$15.49M | USD | 2 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$62.34M | USD | 2 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$35.57M | USD | 2 Qtrs |
| Due to affiliates |
IncreaseDecreaseInDueToAffiliates
|
$2.62M | USD | 2 Qtrs |
| Due to affiliates |
IncreaseDecreaseInDueToAffiliates
|
$24.68M | USD | 2 Qtrs |
| Premium recapture and indemnification losses paid |
IncreaseDecreaseInPremiumsAndIndemnification
|
$980.00K | USD | 2 Qtrs |
| Premium recapture and indemnification losses paid |
IncreaseDecreaseInPremiumsAndIndemnification
|
$-738.00K | USD | 2 Qtrs |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$72.20M | USD | 2 Qtrs |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$188.74M | USD | 2 Qtrs |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-1.26B | USD | 2 Qtrs |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-5.47B | USD | 2 Qtrs |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.91B | USD | 2 Qtrs |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$2.56B | USD | 2 Qtrs |
| Proceeds from sale of MSRs |
ProceedsFromSaleOfMortgageServicingRightsMSR
|
$185.77M | USD | 2 Qtrs |
| Proceeds from sale of MSRs |
ProceedsFromSaleOfMortgageServicingRightsMSR
|
$93.40M | USD | 2 Qtrs |
| Net decrease in notes receivable from affiliates |
RepaymentOfNotesReceivableFromRelatedParties
|
$60.52M | USD | 2 Qtrs |
| Net decrease in notes receivable from affiliates |
RepaymentOfNotesReceivableFromRelatedParties
|
- | USD | 2 Qtrs |
| (Increase) decrease in mortgage loans held for investment |
PaymentsToAcquireLoansHeldForInvestment
|
$30.69M | USD | 2 Qtrs |
| (Increase) decrease in mortgage loans held for investment |
ProceedsFromSaleOfLoansHeldForInvestment
|
$5.13M | USD | 2 Qtrs |
| Net increase in investment securities |
PaymentsToAcquireTradingSecuritiesHeldforinvestment
|
- | USD | 2 Qtrs |
| Net increase in investment securities |
PaymentsToAcquireTradingSecuritiesHeldforinvestment
|
$2.50M | USD | 2 Qtrs |
| Purchase and other additions of property and equipment, net of disposals |
PaymentsToAcquirePropertyPlantAndEquipment
|
$48.03M | USD | 2 Qtrs |
| Purchase and other additions of property and equipment, net of disposals |
PaymentsToAcquirePropertyPlantAndEquipment
|
$67.67M | USD | 2 Qtrs |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-4.95M | USD | 2 Qtrs |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$200.88M | USD | 2 Qtrs |
| Net (payments) borrowings on funding facilities |
RepaymentsOfSecuredDebt
|
$521.34M | USD | 2 Qtrs |
| Net (payments) borrowings on funding facilities |
ProceedsFromIssuanceOfSecuredDebt
|
$3.64B | USD | 2 Qtrs |
| Net payments on lines of credit |
RepaymentsOfLongTermLinesOfCredit
|
$300.00M | USD | 2 Qtrs |
| Net payments on lines of credit |
RepaymentsOfLongTermLinesOfCredit
|
$5.00M | USD | 2 Qtrs |
| Net borrowings on early buy out facility |
ProceedsFromIssuanceOfOtherLongTermDebt
|
$45.50M | USD | 2 Qtrs |
| Net borrowings on early buy out facility |
ProceedsFromIssuanceOfOtherLongTermDebt
|
$1.82B | USD | 2 Qtrs |
| Net borrowings notes payable from unconsolidated affiliates |
ProceedsFromRelatedPartyDebt
|
$353.00K | USD | 2 Qtrs |
| Net borrowings notes payable from unconsolidated affiliates |
ProceedsFromRelatedPartyDebt
|
$384.00K | USD | 2 Qtrs |
| Proceeds from MSRs financing liability |
ProceedsFromMortgageServingRightsFinancingLiability
|
$21.64M | USD | 2 Qtrs |
| Proceeds from MSRs financing liability |
ProceedsFromMortgageServingRightsFinancingLiability
|
$14.12M | USD | 2 Qtrs |
| Stock issuance |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 2 Qtrs |
| Stock issuance |
ProceedsFromIssuanceOfCommonStock
|
$17.59M | USD | 2 Qtrs |
| Share repurchase |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 2 Qtrs |
| Share repurchase |
PaymentsForRepurchaseOfCommonStock
|
$8.31M | USD | 2 Qtrs |
| Distributions to other unit holders (members) of Holdings |
PaymentsOfDistributionsToAffiliates
|
- | USD | 2 Qtrs |
| Distributions to other unit holders (members) of Holdings |
PaymentsOfDistributionsToAffiliates
|
$3.58B | USD | 2 Qtrs |
| Net transfer to parent |
NetTransfersToParentFinancingActivities
|
$-1.59B | USD | 2 Qtrs |
| Net transfer to parent |
NetTransfersToParentFinancingActivities
|
- | USD | 2 Qtrs |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-2.56B | USD | 2 Qtrs |
| Net cash (used in) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$2.11B | USD | 2 Qtrs |
| Effects of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-1.04M | USD | 2 Qtrs |
| Effects of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$801.00K | USD | 2 Qtrs |
| Net (decrease) increase in cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-1.65M | USD | 2 Qtrs |
| Net (decrease) increase in cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$396.17M | USD | 2 Qtrs |
| Cash and cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.85B | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.46B | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.05B | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.05B | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.85B | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.46B | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.05B | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.05B | USD | Point-in-time |
| Loans transferred to other real estate owned |
TransferToOtherRealEstate
|
$688.00K | USD | 2 Qtrs |
| Loans transferred to other real estate owned |
TransferToOtherRealEstate
|
$877.00K | USD | 2 Qtrs |
| Cash paid for interest on related party borrowings |
InterestPaidRelatedPartyBorrowings
|
$2.13M | USD | 2 Qtrs |
| Cash paid for interest on related party borrowings |
InterestPaidRelatedPartyBorrowings
|
$2.02M | USD | 2 Qtrs |
Stockholders Equity
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$8.31B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.66B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.55B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$7.88B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.52B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$8.19B | USD | Point-in-time |
| Net income (loss) |
ProfitLoss
|
$3.81B | USD | 2 Qtrs |
| Net income (loss) |
ProfitLoss
|
$3.46B | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$99.05M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$1.04B | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$2.78B | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$3.56B | USD | 2 Qtrs |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-1.76M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$719.00K | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$494.00K | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-1.04M | USD | 2 Qtrs |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$801.00K | USD | 2 Qtrs |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$307.00K | USD | 1 Quarter |
| Net transfers to Parent |
NetTransfersToParentEquityValue
|
$1.61B | USD | 1 Quarter |
| Net transfers to Parent |
NetTransfersToParentEquityValue
|
$-21.92M | USD | 1 Quarter |
| Share-based compensation, net |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$38.24M | USD | 1 Quarter |
| Share-based compensation, net |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$29.06M | USD | 1 Quarter |
| Share-based compensation, net |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$39.15M | USD | 1 Quarter |
| Share-based compensation, net |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$31.25M | USD | 1 Quarter |
| Other equity adjustment |
StockholdersEquityOther
|
- | USD | 1 Quarter |
| Unrealized gain (loss) on investment securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-364.00K | USD | 1 Quarter |
| Unrealized gain (loss) on investment securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$527.00K | USD | 1 Quarter |
| Unrealized gain (loss) on investment securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$163.00K | USD | 2 Qtrs |
| Unrealized gain (loss) on investment securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$7.09M | USD | 1 Quarter |
| Unrealized gain (loss) on investment securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$7.09M | USD | 2 Qtrs |
| Non-controlling interest attributed to dissolution |
NoncontrollingInterestDecreaseFromDeconsolidation
|
$884.00K | USD | 1 Quarter |
| Distributions for state taxes on behalf of unit holders (members), net |
DistributionsOnBehalfOfUnitHoldersStateTaxes
|
$4.84M | USD | 1 Quarter |
| Distributions for state taxes on behalf of unit holders (members), net |
DistributionsOnBehalfOfUnitHoldersStateTaxes
|
$19.60M | USD | 1 Quarter |
| Distributions to unit holders (members) from subsidiary investment |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$2.24B | USD | 1 Quarter |
| Distributions to unit holders (members) from subsidiary investment |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$1.19B | USD | 1 Quarter |
| Special Dividend to Class A Shareholders |
DividendsCommonStockCash
|
$145.90M | USD | 1 Quarter |
| Special Dividend to Class A Shareholders |
DividendsAdjustment
|
$322.00K | USD | 1 Quarter |
| Pushdown of dividend equivalent |
PushdownOfDividendEquivalent
|
- | USD | 1 Quarter |
| Issuance of Class A Common Shares under stock compensation and benefit plans |
StockIssuedDuringPeriodValueStockCompensationAndEmployeeBenefitPlan
|
$19.95M | USD | 1 Quarter |
| Repurchase of Class A Common Shares |
StockRepurchasedDuringPeriodValue
|
$8.31M | USD | 1 Quarter |
| Increase in controlling interest of investment, net of income taxes and Tax receivable agreement liability |
StockExchangedDuringThePeriodIncreaseDecreaseNetOfTaxAndTaxReceivableAgreementLiabilityAmount
|
- | USD | 1 Quarter |
| Increase in controlling interest of investment, net of income taxes and Tax receivable agreement liability |
StockExchangedDuringThePeriodIncreaseDecreaseNetOfTaxAndTaxReceivableAgreementLiabilityAmount
|
$985.00K | USD | 1 Quarter |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$8.31B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.66B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.55B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$7.88B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.52B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$8.19B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.