{"schema_version":"secwatch.filing_event.v1","accession":"0001563190-23-000031","form_type":"8-K","ticker":"COMP","cik":"0001563190","company_name":"Compass, Inc.","filed_at":"2023-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.589320+00:00","generated_at":"2026-06-18T22:03:59.404849+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Compass Q4 revenue down 31% to $1.11B; FY22 net loss $602M; guides Q1 rev $850-950M","bullets":["Q4 revenue $1.11B (-31% YoY); GAAP net loss $158M vs $175M loss in Q4 2021.","FY22 revenue $6B (-6% YoY); GAAP net loss $602M vs $494M in FY21.","Adjusted EBITDA loss $75M in Q4 ($51M loss in Q4 2021); FY22 loss $210M vs $2M income in FY21.","National market share rose to 4.6% TTM; principal agent retention 98% in Q4.","Q1 2023 guidance: revenue $850-950M, Adj. EBITDA loss $70-90M; FY23 non-GAAP opex target $850-950M."],"urls":{"canonical":"https://secwatch.observer/filing/0001563190-23-000031","json":"https://secwatch.observer/filing/0001563190-23-000031.json","markdown":"https://secwatch.observer/filing/0001563190-23-000031.md","text":"https://secwatch.observer/filing/0001563190-23-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1563190/000156319023000031/0001563190-23-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1563190/000156319023000031/comp-20230228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T22:03:59.404849+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1a32aa179c96e3c256272aa6eec7d8ec84bf2095","claim":"Compass, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $1.11 billion, net income $158 million. Guidance initiated.","evidence_excerpt":"4Q22 Financial Highlights: • Revenue decreased by 31 % year-over-year to $ 1.11 billion as transactions declined 25 %, which was attributable to lower industry wide transactions. • GAAP Net Loss was $ 158 million, an improvement from a net loss of $175 million in 4Q21.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1563190/000156319023000031/0001563190-23-000031-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$1.11 billion"},{"label":"Net income","value":"$158 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"76375c68ff8e9a96f1541840a54b3b3514d9b018","claim":"Compass, Inc. reported the full year ended December 31, 2022 results: revenue $6 billion, net income $602 million. Guidance initiated.","evidence_excerpt":"FY22 Financial Highlights: • Revenue decreased by 6 % year-over-year to $ 6 billion as transactions at Compass also declined 6 %, which was driven primarily by lower industry wide transactions. • GAAP Net Loss includes non-cash stock-based compensation expenses of $235 million, depreciation and amortization of $86 million, restructuring charges due to the cost saving actions of $49 million, and litigation charges of $11 million. The net loss for FY22 was $ 602 million compared to $494 million in FY21,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1563190/000156319023000031/0001563190-23-000031-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2022"},{"label":"Revenue","value":"$6 billion"},{"label":"Net income","value":"$602 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}