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-0.000521920668058351 -0.00144050104384132 -0.000521920668058351 -0.00208768267223378 0.0048956158663884 0.00156576200417542 0.00208768267223378 0.00260960334029231
Stock impact report

Dan Gilbert's Rocket Companies reports loss for last year [Yahoo! Finance]

Rocket Companies, Inc. Class A (RKT) 
Company Research Source: Yahoo! Finance
Dan Gilbert's Rocket Companies had a solid fourth quarter, but it wasn't enough to give the Detroit-based firm a profitable 2025. The city of Detroit's largest downtown employer booked a net profit of $68 million on $2.69 billion in revenue for the year's final quarter, according to an earnings report issued Thursday, Feb. 26. For the full year, however, Rocket saw a net loss of $234 million on $6.69 billion in total revenue, based on typical accounting. Rocket Companies is the publicly traded corporate parent for multiple Gilbert businesses, including Rocket Mortgage. It recently acquired Seattle-based Redfin as well as a large Texas-based mortgage lender and servicing firm known as Mr. Cooper in separate all-stock deals in 2025 aimed at making Rocket a bigger one-stop-shop for homebuying and lending. More: Gilbert's Rocket to join GM at Hudson's site "Rocket proved itself this quarter as a category of one," CEO Varun Krishna said in a news release. "This is the power of an Show less Read more
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