For real estate industry watchers, the second-quarter earnings season just weighed in on consolidation, and the verdict? If your growth depends on size and scale, you had a great week. If it depends on the housing market actually picking up, you probably didn’t.
Compass reported record revenue — more than double last year’s, thanks to its Anywhere acquisition — and its stock felt the love. Rocket nearly doubled revenue, too, after grabbing market share with its Redfin and Mr. Cooper deals.
Meanwhile, signs point to a tough few months ahead as we look to close out 2026, and some CEOs don’t see the current market conditions as a reset but, rather, as the new normal.
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Earnings roundup: Q2 2026
ICYMI, here’s a roundup of Q2 2026 earnings, so you can get all caught up on the numbers.
Compass continued outpacing the rest of the industry in Q2
The megabrokerage pulled in $4.3 billion in total revenue and posted a profit of $92 million in the second quarter, earnings show.
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Rocket CEO: We don’t spend a lot of time thinking about competitors
Rocket also believes the housing market will continue to sour amid high rates that will continue industry trend of consolidation. “We expect to be a beneficiary of that,” CEO Varun Krishna said.
Real’s revenue grows 30% in Q2 as REMAX vote nears
Agent count, transaction volume climb as Real heads toward an Aug. 14 vote on its REMAX merger.
REMAX shrinks in its final quarter as an independent company
Revenue fell 5.8 percent and U.S. agent count hit its lowest level in at least two years as shareholders prepare to vote Aug. 14 on the sale to The Real Brokerage.
Strong lead funnel pushes Realtor.com forward in Q2
Parent company Move‘s revenue moved up 11 percent to $610 million, marking a seven-quarter growth streak.
2nd round of layoffs hover over Zillow’s ‘strong quarter’
Zillow’s overall and by-segment revenues are all up. However, a wobbly market has the portal shoring itself up for the future.
AGNT reports ‘record revenue’ during Q2 earnings call
AGNT, formerly eXp World Holdings, revenue increased 11 percent year over year to $1.4 billion as agent count and productivity shot up 6 percent.
Better CEO Vishal Garg is stepping down as losses continue to mount
The announcement came the same day Better announced that it lost $30.6 million in Q2 despite funded loan volume climbing 45 percent year-over-year.
Fannie Mae posts $4B profit as purchase mortgage activity rises
Net income climbed 20 percent year over year as the mortgage giant’s net worth reached $116.5 billion.
CoStar cuts Homes.com sales team and rolls out premium ad tier
The portal is shifting to field sales while preparing a higher-priced “Platinum” offering.
