---
schema_version: "secwatch.filing_event.v1"
accession: "0001563190-26-000094"
form_type: "8-K"
ticker: "COMP"
cik: "0001563190"
company_name: "Compass, Inc."
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:21:38.909488+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Compass Q1 GAAP net income $22M, revenue $2.7B (+99% YoY); raises 2026 cost synergy targets

## Summary
- GAAP net income of $22M vs net loss of $51M in Q1 2025; adjusted EBITDA $61M.
- Revenue $2.70B (+99% YoY) driven by Anywhere acquisition; pro forma revenue $2.76B (+7% YoY).
- Brokerage pro forma GTV +7.3% YoY ($98.7B); pro forma transactions +2.6% vs market +0.2%.
- Raised 2026 realized cost synergy target from $100M to $200M; 3-year actioned target from $400M to $500M.
- Q2 2026 revenue guidance $4.0-4.2B; adjusted EBITDA guidance $310-350M; full-year free cash flow positive.

## SEC filing metadata
- accession: 0001563190-26-000094
- form_type: 8-K
- ticker: COMP
- cik: 0001563190
- company_name: Compass, Inc.
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1563190/000156319026000094/0001563190-26-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1563190/000156319026000094/comp-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001563190-26-000094
- JSON: https://secwatch.observer/filing/0001563190-26-000094.json
- Plain text: https://secwatch.observer/filing/0001563190-26-000094.txt

## Source-grounded claims
- claim_id: d7c501fb94f6a996dfe9165217c91fd60d6ad451
  claim: Compass, Inc. reported first quarter ended March 31, 2026 results: revenue $2.70 billion, net income $22 million. Guidance raised.
  evidence_excerpt: very pleased with our Q1 2026 results, which reflect our first quarter as a combined company following the close of the Anywhere transaction on January 9, 2026. We delivered $2.70 billion in Revenue, Adjusted EBITDA1 of $61 million and ended the quarter with $484 million in cash. Looking ahead, we remain acutely focused on OPEX control, executing against our cost
  evidence_url: https://www.sec.gov/Archives/edgar/data/1563190/000156319026000094/0001563190-26-000094-index.htm

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