Compass, Inc. Earnings Recaps
Q3 2025
Nov 5, 2025
Compass, Inc. reported record third-quarter results, achieving significant increases in revenue, adjusted EBITDA, and market share despite ongoing challenges in the housing market.
Key takeaways
- Revenue grew 23.6% year-over-year, reaching the high end of guidance.
- Adjusted EBITDA surged 80% to $93.6 million, exceeding expectations by 17%.
- Added a record 851 gross principal agents, with a strong retention rate of 97.3%.
- Total transactions increased 22%, significantly outpacing industry growth.
- Company remains on track to deliver $50 million to $75 million in adjusted EBITDA improvements by 2026, bolstered by the anticipated merger with Anywhere Real Estate.
Q2 2025
Aug 1, 2025
Compass achieved remarkable Q2 2025 results, setting multiple records in revenue, adjusted EBITDA, and agent recruitment despite a challenging housing market.
Key takeaways
- Revenue increased by 21.1% year-over-year, while total transactions rose 20.9%, significantly outpacing the market.
- Adjusted EBITDA reached an all-time high of $126 million, up 63% from the previous year.
- Principal agent retention improved to 97.5%, with a record 832 agents recruited, reflecting a 53% year-over-year increase.
- The title and escrow segment recorded substantial growth, with attach rates improving significantly to nearly 40% in key markets.
- A strong M&A pipeline positions Compass favorably to capitalize on market weaknesses experienced by competitors.