Compass pulled in $4.3 billion in revenue during the second quarter and posted a $92 million profit, according to the megabrokerage’s earnings report released on Tuesday.
Both were up significantly compared to a year ago, before the company closed on its acquisition of Anywhere Real Estate in early January 2026.
But even after accounting for the merger, the company’s combined transaction volume was up 15.9 percent compared to the same time a year earlier. Brokerage transactions were up 7.4 percent from a year earlier as the company continued its path toward capturing more market share after becoming the largest real estate enterprise in the industry by far.
“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,” Compass CEO Robert Reffkin said in a statement.
The company actually shed about 1,000 brokerage agents during the quarter, as company representatives said Compass continued to focus on top producers within all of its brands. The company said its retention rate rose in the quarter compared to the first three months of the year.
It shed nearly half of the agents that hadn’t closed any transactions in the past 12 months, and 72 percent of agents who closed $20,000 or less in gross commission income over the past 12 months.
Compass said it held onto 98.7 percent of its agents who had produced more than $20,000 in gross commission income.
The company has $694 million of cash on hand, and it expects to have more by the end of the year, Reffkin said.
Reffkin said the company had continued outpacing its own expectations for cost-savings related to combining Compass and Anywhere.
Compass stock jumped over 10 percent after the company publicly shared its earnings results for the quarter.
