{"schema_version":"secwatch.filing_event.v1","accession":"0001563190-24-000084","form_type":"8-K","ticker":"COMP","cik":"0001563190","company_name":"Compass, Inc.","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.972078+00:00","generated_at":"2026-06-02T09:57:41.009050+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Compass Q1 2024 revenue up 10% YoY to $1.05B; free cash flow positive for first time in Q1","bullets":["Revenue $1.05B (+10% YoY); GAAP net loss $132.9M improved $17.5M YoY (includes $57.5M antitrust settlement).","Adjusted EBITDA ($20.1M) improved 70% from ($67.1M); operating cash flow $8.6M, free cash flow $5.9M (first positive Q1 FCF).","Principal agents 14,591 (+7.3% YoY); market share 4.76% (+26 bps YoY). Acquired Latter & Blum post-quarter (1,000+ agents).","Q2 2024 guidance: revenue $1.6-1.7B, Adj. EBITDA $55-75M; FY 2024 non-GAAP OPEX $867-887M; expects positive FCF for full year.","Transactions 38,449 (+7.1% YoY) outperforming market decline of 3.5%; GTV $40.1B (+9.6% YoY) vs market +3.6%."],"urls":{"canonical":"https://secwatch.observer/filing/0001563190-24-000084","json":"https://secwatch.observer/filing/0001563190-24-000084.json","markdown":"https://secwatch.observer/filing/0001563190-24-000084.md","text":"https://secwatch.observer/filing/0001563190-24-000084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1563190/000156319024000084/0001563190-24-000084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1563190/000156319024000084/comp-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T09:57:41.009050+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":"e88188d80b4760f0c01694f9baccc085eea54333","claim":"Compass, Inc. reported the first quarter ended March 31, 2024 results: revenue $1.05 billion, net income $132.9 million.","evidence_excerpt":"Q1 2024 was $211.2 million, an improvement of $32.1 million from Q1 2023 OPEX of $243.3 million.” Q1 2024 Highlights: • Revenue in Q1 2024 increased by 10% year-over-year to $ 1.05 billion as transactions increased 7.1%, while transactions declined by 3.5% for the entire residential real estate market in the first quarter, as reported by the National Association of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1563190/000156319024000084/0001563190-24-000084-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$1.05 billion"},{"label":"Net income","value":"$132.9 million"},{"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"}