{"schema_version":"secwatch.filing_event.v1","accession":"0001563190-24-000034","form_type":"8-K","ticker":"COMP","cik":"0001563190","company_name":"Compass, Inc.","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.618678+00:00","generated_at":"2026-06-05T11:50:24.680770+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Compass Q4 revenue $1.1B, net loss improves 47%; expects FY2024 free cash flow positive","bullets":["Q4 revenue $1.1B (-1% YoY); full year 2023 revenue $4.9B (-19% YoY).","GAAP net loss Q4 $83.7M (improvement of $74.4M or 47% YoY); full year net loss $321.3M (improvement of $280.2M or 47%).","Adjusted EBITDA Q4 -$23.7M (improvement of $51.6M YoY); full year -$38.9M (improvement of $171M or 81%).","Non-GAAP OPEX reduced to below 2023 midpoint goal; FY2024 guidance $855-$875M; expects free cash flow positive for FY2024.","Average principal agents up 7.7% YoY to 14,689; principal agent retention 97% in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001563190-24-000034","json":"https://secwatch.observer/filing/0001563190-24-000034.json","markdown":"https://secwatch.observer/filing/0001563190-24-000034.md","text":"https://secwatch.observer/filing/0001563190-24-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1563190/000156319024000034/0001563190-24-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1563190/000156319024000034/comp-20240227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T11:50:24.680770+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":"cc61046fe3259a0cba5b104e926a5abf3798c3a1","claim":"Compass, Inc. reported the fourth quarter and full year ended December 31, 2023 results: revenue Revenue in Q4 2023 decreased by 1% year-over-year to $ 1.1 billion as transactions declined 4.9% driven by macroeconomic, net income GAAP Net loss in Q4 2023 was $83.7 million, an improvement of $74.4 million or 47% from a Net loss of $158.1 million in.","evidence_excerpt":"announced its financial results for the fourth quarter and full year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1563190/000156319024000034/0001563190-24-000034-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"Revenue in Q4 2023 decreased by 1% year-over-year to $ 1.1 billion as transactions declined 4.9% driven by macroeconomic"},{"label":"Net income","value":"GAAP Net loss in Q4 2023 was $83.7 million, an improvement of $74.4 million or 47% from a Net loss of $158.1 million in"},{"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"}