Compass A

Compass generated revenue of $2.7 billion in Q1 2026 thanks to the Anywhere acquisition and posted an adjusted record EBITDA of $61 million; the company also returned to profitability with a GAAP net income of $22 million. Total assets rose to $8.1 billion and long-term liabilities to $3.1 billion; $977 million of convertible bonds were issued to partially finance the deal. Compass has realized $250 million in cost synergies so far and targets $500 million over three years, with pro-forma organic growth of 10.9%. For Q2 2026 management expects revenue of $4.0–4.2 billion and adjusted EBITDA of $310–350 million, while free cash flow, after a negative Q1 of $168 million, is expected to be positive for the remainder of the year. » Plus sur de.investing.com

Compass has agreed to acquire a 51% majority stake in the parent company that is the indirect owner of certain Sotheby’s International Realty franchisees. The transaction includes a 30-month installment plan to settle certain outstanding liabilities of the predecessor. There is also a put agreement with funds managed by Angelo, Gordon & Co. that gives them the right to require Compass to purchase 100% of the senior preferred equity; the fair-value valuation of the put right and the final accounting recognition are to be completed by the filing of the Q2 Form 10‑Q. » Plus sur de.investing.com

Compass reports record 2025 revenue of USD 6.962 billion (+23.7%) and adjusted EBITDA of USD 293.4 million; the adjusted EBITDA margin widened to 4.2%. In the fourth quarter, revenue of USD 1,699.8 million beat expectations, adjusted EBITDA rose to USD 58.3 million and the margin expanded by 220 basis points to 3.4%. Gross transaction volume climbed to USD 267.0 billion, and the broker base grew to 21,190 primary agents. For Q1 2026, Compass expects revenue of USD 2.55–2.75 billion and adjusted EBITDA of USD 15–35 million thanks to the Anywhere merger, but warns of one‑time charges and dilution from the transaction. » Plus sur de.investing.com