---
schema_version: "secwatch.filing_event.v1"
accession: "0001563190-22-000112"
form_type: "8-K"
ticker: "COMP"
cik: "0001563190"
company_name: "Compass, Inc."
filed_at: "2022-08-15T23:59:59+00:00"
generated_at: "2026-06-23T23:50:29.399092+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Compass Q2 revenue $2.0B (+4% YoY); GAAP net loss $101M; $320M cost cuts; Q3 revenue guidance $1.4-1.5B

## Summary
- Revenue $2.0B, up 4% YoY; GAAP net loss $101M vs $7M loss in 2Q21.
- Adjusted EBITDA fell to $4M from $71M; cash and cash equivalents $431M.
- New cost reduction program targeting ~$320M annual run rate savings, to complete by end of 2022.
- National market share LTM increased to 4.6% (revised NAR methodology); agents reached 12,979.
- Q3 2022 revenue guidance $1.4-1.5B; FY22 revenue guidance $6.15-6.45B; adjusted EBITDA negative.

## SEC filing metadata
- accession: 0001563190-22-000112
- form_type: 8-K
- ticker: COMP
- cik: 0001563190
- company_name: Compass, Inc.
- filed_at: 2022-08-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1563190/000156319022000112/0001563190-22-000112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1563190/000156319022000112/compassinc_20220815x8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001563190-22-000112
- JSON: https://secwatch.observer/filing/0001563190-22-000112.json
- Plain text: https://secwatch.observer/filing/0001563190-22-000112.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.