Compass Inc

Compass Inc (COMP) News & Events

$10.970

-0.128 (-1.17%)At close

COMP News

COMP Events

8/4 17:00

Compass Q2 Revenue Reaches $4.31B, Exceeds Expectations

Reports Q2 revenue $4.31B, consensus $4.11B. Q2 EPS includes depreciation and amortization of $153M, non-cash stock-based compensation expense of $38M and $34M in merger transaction and integration expenses. "Compass delivered very strong Q2 results, with Revenue and Adjusted EBITDA surpassing the high-end of our guidance range, driven by broad business strength and the successful realization of our cost synergies" said Robert Reffkin, Founder and CEO. Reffkin added, "in Q2, our outperformance versus the industry accelerated, with Brokerage Gross Transaction Value up 15.9% year-over-year on a pro forma basis, compared to market volumes that were up 6% year-over-year, reflecting approximately 1,000 basis points of GTV outperformance compared to 580 basis points of outperformance in Q1 2026. Additionally, Brokerage transactions were up 7.4% year-over-year on a pro forma basis compared to market transactions up 3.5% year-over-year, reflecting 390 basis points of outperformance compared to the 240 basis points of outperformance in Q1 2026. For 21 consecutive quarters, spanning our entire history as a public company, our Brokerage has outperformed the market on an organic basis for the Compass standalone brand, and now for two consecutive quarters, including Anywhere."

8/4 17:00

Sees Q3 Adjusted EBITDA of $275M-$305M

Sees Q3 Adjusted EBITDA $275M-$305M.

8/4 17:00

Sees FY26 Free Cash Flow Positive

Sees FY26 free cash flow positive.

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