Rocket Companies reported a third-quarter 2025 adjusted net income of $158 million on adjusted revenue of $1.78 billion, exceeding the high end of its guidance range, the Detroit-based mortgage lender said Thursday.

On a GAAP basis, the company posted a net loss of $124 million on total revenue of $1.61 billion, up from Q2 2025’s revenue figure of $1.36 billion.

Rocket generated $35.8 billion in net mortgage rate lock volume during the quarter, up 20% from the same period last year, along with $32.4 billion in closed loan origination volume, a 14% year-over-year increase. Its gain-on-sale margin rose slightly to 2.8%.

“Rocket delivered details ⇒

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