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Side-by-side financial comparison of Gartner (IT) and Rocket Companies, Inc. (RKT). Click either name above to swap in a different company.

Rocket Companies, Inc. is the larger business by last-quarter revenue ($2.7B vs $1.8B, roughly 1.5× Gartner). Gartner runs the higher net margin — 13.8% vs 2.5%, a 11.3% gap on every dollar of revenue. On growth, Rocket Companies, Inc. posted the faster year-over-year revenue change (52.2% vs 2.2%). Gartner produced more free cash flow last quarter ($270.7M vs $-1.3B). Over the past eight quarters, Rocket Companies, Inc.'s revenue compounded faster (39.5% CAGR vs 9.1%).

Gartner, Inc. is an American research and advisory firm focusing on business and technology topics. Gartner provides its products and services through research reports, conferences, and consulting. Its clients include large corporations, government agencies, technology companies, and investment firms.

Rocket Companies, Inc., is an American fintech and homeownership services company. Founded by Dan Gilbert and based in Downtown Detroit, Michigan, the company is one of the largest mortgage lenders in the United States through its flagship subsidiary Rocket Mortgage. Its subsidiaries include Redfin, Forsalebyowner.com, and Rocket Money.

IT vs RKT — Head-to-Head

Bigger by revenue
RKT
RKT
1.5× larger
RKT
$2.7B
$1.8B
IT
Growing faster (revenue YoY)
RKT
RKT
+50.0% gap
RKT
52.2%
2.2%
IT
Higher net margin
IT
IT
11.3% more per $
IT
13.8%
2.5%
RKT
More free cash flow
IT
IT
$1.5B more FCF
IT
$270.7M
$-1.3B
RKT
Faster 2-yr revenue CAGR
RKT
RKT
Annualised
RKT
39.5%
9.1%
IT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IT
IT
RKT
RKT
Revenue
$1.8B
$2.7B
Net Profit
$242.2M
$68.0M
Gross Margin
67.8%
Operating Margin
19.1%
6.3%
Net Margin
13.8%
2.5%
Revenue YoY
2.2%
52.2%
Net Profit YoY
-39.2%
100.8%
EPS (diluted)
$3.36
$0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IT
IT
RKT
RKT
Q4 25
$1.8B
$2.7B
Q3 25
$1.5B
$1.6B
Q2 25
$1.7B
$1.4B
Q1 25
$1.5B
$1.0B
Q4 24
$1.7B
$1.8B
Q3 24
$1.5B
$646.9M
Q2 24
$1.6B
$1.3B
Q1 24
$1.5B
$1.4B
Net Profit
IT
IT
RKT
RKT
Q4 25
$242.2M
$68.0M
Q3 25
$35.4M
$-123.9M
Q2 25
$240.8M
$-1.8M
Q1 25
$210.9M
$-10.4M
Q4 24
$398.6M
$33.9M
Q3 24
$415.0M
$-22.0M
Q2 24
$229.5M
$1.3M
Q1 24
$210.5M
$16.2M
Gross Margin
IT
IT
RKT
RKT
Q4 25
67.8%
Q3 25
69.3%
Q2 25
68.6%
Q1 25
69.4%
Q4 24
66.8%
58.9%
Q3 24
68.4%
-8.4%
Q2 24
68.6%
47.4%
Q1 24
69.4%
51.2%
Operating Margin
IT
IT
RKT
RKT
Q4 25
19.1%
6.3%
Q3 25
5.7%
-11.5%
Q2 25
19.4%
1.8%
Q1 25
18.1%
-21.5%
Q4 24
18.5%
38.1%
Q3 24
16.6%
-76.9%
Q2 24
20.0%
14.8%
Q1 24
18.6%
21.6%
Net Margin
IT
IT
RKT
RKT
Q4 25
13.8%
2.5%
Q3 25
2.3%
-7.7%
Q2 25
14.3%
-0.1%
Q1 25
13.7%
-1.0%
Q4 24
23.2%
1.9%
Q3 24
28.0%
-3.4%
Q2 24
14.4%
0.1%
Q1 24
14.3%
1.2%
EPS (diluted)
IT
IT
RKT
RKT
Q4 25
$3.36
$0.10
Q3 25
$0.47
$-0.06
Q2 25
$3.11
$-0.01
Q1 25
$2.71
$-0.08
Q4 24
$5.08
$0.28
Q3 24
$5.32
$-0.19
Q2 24
$2.93
$0.01
Q1 24
$2.67
$0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IT
IT
RKT
RKT
Cash + ST InvestmentsLiquidity on hand
$1.7B
$2.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$319.9M
$22.9B
Total Assets
$8.1B
$60.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IT
IT
RKT
RKT
Q4 25
$1.7B
$2.7B
Q3 25
$1.4B
$5.8B
Q2 25
$2.2B
$5.1B
Q1 25
$2.1B
$1.4B
Q4 24
$1.9B
$1.3B
Q3 24
$1.8B
$1.2B
Q2 24
$1.2B
$1.3B
Q1 24
$1.2B
$861.4M
Stockholders' Equity
IT
IT
RKT
RKT
Q4 25
$319.9M
$22.9B
Q3 25
$556.6M
$8.9B
Q2 25
$1.5B
$7.4B
Q1 25
$1.5B
$8.6B
Q4 24
$1.4B
$9.0B
Q3 24
$1.1B
$8.4B
Q2 24
$646.7M
$8.8B
Q1 24
$718.2M
$8.6B
Total Assets
IT
IT
RKT
RKT
Q4 25
$8.1B
$60.7B
Q3 25
$7.2B
$33.6B
Q2 25
$8.3B
$30.4B
Q1 25
$8.5B
$25.3B
Q4 24
$8.5B
$24.5B
Q3 24
$7.8B
$25.1B
Q2 24
$7.4B
$23.6B
Q1 24
$7.7B
$22.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IT
IT
RKT
RKT
Operating Cash FlowLast quarter
$294.5M
$-1.2B
Free Cash FlowOCF − Capex
$270.7M
$-1.3B
FCF MarginFCF / Revenue
15.4%
-47.2%
Capex IntensityCapex / Revenue
1.4%
1.5%
Cash ConversionOCF / Net Profit
1.22×
-18.08×
TTM Free Cash FlowTrailing 4 quarters
$1.2B
$-4.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IT
IT
RKT
RKT
Q4 25
$294.5M
$-1.2B
Q3 25
$298.7M
$-50.3M
Q2 25
$383.6M
$-1.9B
Q1 25
$313.5M
$-797.0M
Q4 24
$335.4M
$1.8B
Q3 24
$590.8M
$-1.3B
Q2 24
$370.0M
$-122.3M
Q1 24
$188.8M
$-3.0B
Free Cash Flow
IT
IT
RKT
RKT
Q4 25
$270.7M
$-1.3B
Q3 25
$269.3M
$-71.8M
Q2 25
$347.3M
$-1.9B
Q1 25
$287.9M
$-811.0M
Q4 24
$311.4M
$1.8B
Q3 24
$565.0M
$-1.4B
Q2 24
$340.6M
$-138.3M
Q1 24
$166.2M
$-3.0B
FCF Margin
IT
IT
RKT
RKT
Q4 25
15.4%
-47.2%
Q3 25
17.7%
-4.5%
Q2 25
20.6%
-137.2%
Q1 25
18.8%
-78.2%
Q4 24
18.2%
103.1%
Q3 24
38.1%
-209.6%
Q2 24
21.4%
-10.6%
Q1 24
11.3%
-218.7%
Capex Intensity
IT
IT
RKT
RKT
Q4 25
1.4%
1.5%
Q3 25
1.9%
1.3%
Q2 25
2.1%
1.1%
Q1 25
1.7%
1.4%
Q4 24
1.4%
1.1%
Q3 24
1.7%
2.9%
Q2 24
1.8%
1.2%
Q1 24
1.5%
1.0%
Cash Conversion
IT
IT
RKT
RKT
Q4 25
1.22×
-18.08×
Q3 25
8.45×
Q2 25
1.59×
Q1 25
1.49×
Q4 24
0.84×
54.42×
Q3 24
1.42×
Q2 24
1.61×
-94.46×
Q1 24
0.90×
-185.80×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IT
IT

Transferred Over Time$1.3B73%
Conferences$286.2M16%
Consulting$133.6M8%
Other$52.3M3%

RKT
RKT

Other$1.4B51%
Direct To Customer Segment$945.8M35%
Partner Network Segment$216.7M8%
Subscription Revenue$91.3M3%
Closing Fees$47.1M2%
Appraisal Revenue$10.7M0%

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