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Rocket Companies, Inc. Income Tax Expense 2018-2026 | RKT

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What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is Rocket Companies, Inc.'s current income tax expense?

Rocket Companies, Inc. (RKT) annual income tax expense for 2025 was $20.0M, a 37.50% decline from 2024. Rocket Companies, Inc. income tax expense for the quarter ending March 31, 2026 was $103.0M.

What was Rocket Companies, Inc.'s income tax expense in 2024?

Rocket Companies, Inc. annual income tax expense for 2024 was $32.0M, a 346.15% increase from 2023.

What was Rocket Companies, Inc.'s income tax expense in 2023?

Rocket Companies, Inc. annual income tax expense for 2023 was $-13.0M, a 130.97% decline from 2022.

What is Rocket Companies, Inc.'s 5-year income tax expense CAGR?

Rocket Companies, Inc. income tax expense grew at a compound annual growth rate (CAGR) of 31.48% from FY2020 to FY2025, going from $132.4M to $20.0M over 5 years.

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR-31.5%
FY2020
$132.4M
FY2025
$20.0M
1819202122232425
5 years selected
Income Tax Expense History
PeriodValueChangeSource
FY2025$20.0M-37.5%10-K
FY2024$32.0M+346.2%10-K
FY2023$-13.0M-131.0%10-K
FY2022$42.0M-62.8%10-K
FY2021$112.7M-14.8%10-K
FY2020$132.4M+1711.0%10-K
FY2019$7.3M+125.3%10-K
FY2018$3.2M-10-K
Company: Rocket Companies, Inc.Ticker: RKTSector: Financial ServicesIndustry: Mortgage Bankers & Loan CorrespondentsView company profile →