Compass Earnings Reports

Compass, Inc. saw a 25.9% YoY revenue growth in Q4 2024, reaching $1.38 billion. The company reduced its net loss to $40.5 million, improved Adjusted EBITDA to $16.7 million, and generated $30.5 million in operating cash flow. Market share increased to 5.06%, with transactions up 24.1%.

Compass, Inc. reported strong Q3 2024 results, with revenue increasing by 11.7% year-over-year to $1.5 billion. The company achieved significant Adjusted EBITDA growth and positive free cash flow, driven by transaction increases and market share gains. Compass is well-positioned to deliver meaningful Adjusted EBITDA and be free cash flow positive for the full year.

Compass, Inc. reported strong second quarter 2024 results, including an all-time high net income of $20.7 million and an all-time high Adjusted EBITDA of $77.4 million. The company also achieved positive free cash flow for 4 of the last 5 quarters and increased quarterly market share to 5.13%. Revenue grew 14% year-over-year.

Compass reported a strong Q1 2024, exceeding expectations with a 10% year-over-year revenue increase to $1.05 billion and positive free cash flow of $5.9 million. The company also grew market share and agent count while reducing non-GAAP operating expenses.

Compass reported a 1% year-over-year revenue decrease to $1.1 billion in Q4 2023. The company grew agent count and market share year-over-year and quarter-over-quarter. They anticipate being free cash flow positive for the full year 2024.

Compass, Inc. reported a 10% decrease in revenue year-over-year to $1.34 billion for Q3 2023, while achieving positive free cash flow of $12 million. The company's national market share increased by 26 basis points year-over-year to 4.4%. Compass is targeting $850 million annualized non-GAAP operating expense for 2024.

Compass, Inc. reported its Q2 2023 financial results, achieving positive free cash flow and marking the third consecutive quarter of market share gains. The company's net loss improved significantly, and adjusted EBITDA showed substantial growth despite a decrease in revenue. Compass also continued to enhance its technology platform and maintain high agent retention rates.

Compass's Q1 2023 revenue decreased by 31% year-over-year to $957 million, while achieving a GAAP Net loss of $150 million, an improvement from Q1 2022. The company's national market share increased to 4.5%, and it expects to be free cash flow positive in Q2 2023 and for the full year.

Compass, Inc. reported a decrease in revenue by 31% year-over-year to $1.11 billion for Q4 2022. The GAAP Net Loss was $158 million, an improvement from a net loss of $175 million in 4Q21. The company's net cash and cash equivalents at the end of 4Q22 was $362 million, which includes a $150 million draw on the revolver.

Compass, Inc. announced its Q3 2022 financial results, reporting a revenue of $1.49 billion, a 14% decrease compared to Q3 2021. The company's GAAP Net Loss was $154 million, and Adjusted EBITDA was a loss of $42 million. Despite challenges in the housing market, Compass continued to roll out its national end-to-end workflow platform and achieved cost reductions in technology, engineering, and general & administrative expenses.

Compass, Inc. reported a 4% year-over-year increase in revenue to $2.0 billion for the second quarter of 2022. The company's GAAP net loss increased to $101 million, and it announced a new cost reduction program targeting $320 million in run rate savings. Market share increased to 4.6% on an LTM basis.

Compass, Inc. reported a record first quarter revenue of $1.4 billion, up 25% year-over-year. The company's market share increased to 6.1% in 1Q22. Net loss attributable to Compass was $188 million, and Adjusted EBITDA loss was $97 million.

Compass, Inc. reported a 31% increase in revenue for Q4 2021, reaching $1.6 billion. The company's net loss for the quarter was $175 million.

Compass, Inc. announced its Q3 2021 consolidated financial results, with revenue growing 47% year-over-year to $1.74 billion. The company reported a GAAP Net Loss of $100 million and an Adjusted EBITDA of $12 million. Compass's technology and services platform facilitated a 36% transaction growth compared to the prior year.

Compass reported a record quarter with a 186% year-over-year increase in revenue to $1.95 billion. The company nearly doubled its market share and achieved Adjusted EBITDA profitability.

Compass reported an 80% year-over-year revenue increase to $1.1 billion in Q1 2021. The company's GAAP net loss was $212 million, which included a one-time non-cash charge of $149 million for stock-based compensation related to the IPO. Excluding this charge, the Non-GAAP Net Loss was $64 million. The company's market share increased to 5.2% in Q1 2021, up from 3.8% in Q1 2020.