---
schema_version: "secwatch.filing_event.v1"
accession: "0001563190-25-000192"
form_type: "8-K"
ticker: "COMP"
cik: "0001563190"
company_name: "Compass, Inc."
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:37:26.791970+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Compass Q3 revenue up 23.6% to $1.85B; record Adj EBITDA $93.6M; 851 agents added

## Summary
- Revenue $1.85B (+23.6% YoY), at high-end of guidance; GAAP net loss $4.6M (incl $7.5M merger expenses).
- Adjusted EBITDA $93.6M, +80% YoY; Free cash flow $73.6M, +124% YoY; operating cash flow $75.5M, +102%.
- Record 851 principal agents added organically; total principal agents 21,550 (+22.8% YoY); retention 97.3%.
- Market share 5.63% (+83 bps YoY); Organic transactions +6.6% vs market +2%; GTV $70.7B (+22.5%).
- Q4 outlook: revenue $1.59B-$1.69B; Adj EBITDA $35M-$49M; full-year non-GAAP OPEX guidance lowered.

## SEC filing metadata
- accession: 0001563190-25-000192
- form_type: 8-K
- ticker: COMP
- cik: 0001563190
- company_name: Compass, Inc.
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1563190/000156319025000192/0001563190-25-000192-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1563190/000156319025000192/comp-20251104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001563190-25-000192
- JSON: https://secwatch.observer/filing/0001563190-25-000192.json
- Plain text: https://secwatch.observer/filing/0001563190-25-000192.txt

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