Compass, Inc. Reports Record Second Quarter 2026 Results
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Actioned Entire $300 Million of Year 1 Net Cost Synergy Target 5 Months Ahead of Plan Q2 Revenue +14% YoY 1; GAAP Net Income $92 Million; Adjusted EBITDA 2 $363 Million Operating Cash Flow $191 Million; Cash Balance Increased $210 million QoQ to $694 Million NEW YORK, Aug. 4, 2026 /PRNewswire/ -- Compass, Inc. ("Compass" or "the Company") (NYSE: COMP ), a global real estate services company with a presence in every major U.S. city and approximately 120 countries and territories, announced its financial results for the second quarter ended June 30, 2026. "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 Chief Executive Officer. Reffkin added, "in Q2, our outperformance versus the industry accelerated, with Brokerage Gross Transaction Value ("GTV") up 15.9% year-over-year on a pro forma 1 basis, compared to market volumes 3 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 1 basis compared to market transactions 3 up 3.5% year-over-year, reflecting 390 basis points of outperformance compared to the...
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In July, the platform was released to over 4,000 agents at non-Compass brokerage brands and by the end of September, nearly 50,000 new agents are expected to have access to the platform, with plans to roll out the platform to our franchise network starting in Q1 2027.