
Compass projects Q2 2026 revenue of $4B to $4.2B and Adjusted EBITDA of $310M to $350M. For full year 2026, Compass anticipates non-GAAP OPEX of $2.7B to $2.75B.
Bullish
Compass raised its 2026 cost synergy targets and outperformed the industry in Q1 2026 with increased Brokerage transactions. The company's platform also saw higher engagement with closed home sales.
Bearish
Compass reported negative free cash flow and significant long-term debt of $3.14B in Q1 2026. The company also experienced a decline in agent count due to separating non-productive agents.