Rocket Companies (RKT) Q2 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Fri, August 14, 2026 astatine 9:41 AM CDT 42 min read

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DATE

Thursday, Aug. 6, 2026, astatine 4:30 p.m. ET

CALL PARTICIPANTS

• Chief Executive Officer-Varun Krishna

• President and Chief Financial Officer-Brian Nicholas Brown

• Investor Relations-Sharon Ng

Full Conference Call Transcript

Operator: Good day, everyone, and invited to The Rocket Company Second Quarter 2026 Earnings Conference Call. Just a reminder that today's league is being recorded. At this time, I would similar to manus the telephone implicit to Ms. Sharon Ng. Please spell ahead, ma'am.

Sharon Ng: Good afternoon, everyone, and convey you for joining america for Rocket Company's net telephone covering the 2nd 4th 2020. With america this day are Rocket Company's CEO, Varun Krishna and our President and CFO, Brian Nicholas Brown. Earlier today, we issued our 2nd 4th net release. Which is disposable connected our website astatine rocketcompanies.com nether Investor Info. Also disposable connected our website is an capitalist presentation. Before I crook things implicit to Varun, fto maine rapidly spell implicit our disclaimers. On today's call, we supply you with accusation regarding our 2nd 4th show arsenic good arsenic our fiscal outlook. This league telephone includes guardant looking statements.

These statements are taxable to risks and uncertainties that could origin existent results to disagree materially from the expectations and the assumptions we mentioned today. We promote you to see the hazard factors contained successful our SEC filings for a elaborate treatment of these risks and uncertainties. We undertake nary work to update these statements arsenic a effect of caller accusation oregon further events. Except arsenic required by law. This telephone is being broadcast online and is accessible connected our capitalist relations website. Recording of the telephone volition beryllium posted aboriginal today. Our commentary contiguous volition besides see non GAAP fiscal measures.

Reconciliations betwixt GAAP and non GAAP metrics for reported results tin beryllium recovered successful our net merchandise issued earlier contiguous arsenic good arsenic successful our filings with the SEC. And with that, I volition crook things implicit to Varun Krishna to get america started. Varun?

Varun Krishna: Good afternoon, everyone, and convey you for joining our 2nd 4th 2020 net call. Today, I volition screen the market, our 2nd 4th results, and Rocket's performance. Let's spell up and commencement with the market. The manufacture expected a mean outpouring location buying season. Instead, affordability deteriorated arsenic owe rates moved higher done May and June. Purchase and refinance request arsenic a effect weakened during what is typically the strongest 4th of the twelvemonth and manufacture forecast moved little arsenic the 4th progressed. Simply said, it was 1 of the toughest outpouring lodging markets successful years. Now against that backdrop, Rocket delivered 1 of its strongest quarters successful caller memory. We gained marketplace stock successful some acquisition and refinance.