Compass, Inc. (COMP) Form 8-K — Aug 4, 2026

$COMPForm 8-KItems 2.02, 9.01Filed Aug 4, 2026, 4:06 PM ET0001563190-26-000135Original filing

Compass, Inc. reported record second quarter 2026 results, with revenue of $4.31 billion, up 109% year-over-year as reported and 14.3% on a pro forma basis including Anywhere, and GAAP net income of $92 million versus $39 million a year ago. Adjusted EBITDA of $363 million was an all-time record for any second quarter, with both revenue and Adjusted EBITDA surpassing the high end of the company's guidance range.

Key figures

Eps: $0.11 diluted / $0.12 basic
Revenue: $4.31 billion
Guidance: Q3 2026 revenue $3.85B-$4.05B; Q3 Adjusted EBITDA $275M-$305M; FY2026 non-GAAP OPEX $2.75B-$2.80B (raised from $2.70B-$2.75B); free cash flow positive for full year 2026
Net Income: $92 million GAAP net income vs. $39 million in Q2 2025
Total Debt: $3.14 billion long-term debt
Revenue Yoy: +109% as reported (vs. $2.06 billion in Q2 2025); +14.3% on a pro forma basis including Anywhere
Total Assets: $8.332 billion
Cash Position: $694 million (up $210 million QoQ, no revolver balance)
Goodwill: $2.558 billion
Total Agents: 83184
Brokerage GTV: $155.2 billion (+98.2% reported, +15.9% pro forma vs. market +6%)
Franchise GTV: $120.0 billion (+1,264% reported, +11.7% pro forma)
Free Cash Flow: $180 million
Adjusted EBITDA: $363 million (all-time record for any Q2; 8.4% margin)
Intangibles Net: $2.972 billion
Operating Cash Flow: $191 million
Agent Retention Rate: 95.5%
Net Operating Losses: $1.8 billion
Notes Redemption Plan: $500 million 9.75% Notes to be redeemed when first callable in Q2 2027
Brokerage Transactions: 153009
Expected Cash Tax Savings: $470 million
Three Year Synergy Target: $500 million
Weighted Avg Diluted Shares: 842377292
Realized2026 Synergy Target: raised from $200 million to $220 million
Year1 Actioned Synergy Target: raised from $300 million to $330 million

Price after filing

1 day: +2.5%7 days: +10.7%30 days: -7.6%

Close on the filing date to close N calendar days later (from $11.46). Historical, not a forecast.

AI analysis

Red flags7 · Pro

The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.

Upgrade to Pro · $49/mo billed annually

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.