secwatch.observer — SEC 8-K summary
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Issuer:     Compass, Inc. (COMP)
CIK:        0001563190
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001563190-26-000094
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1563190/000156319026000094/0001563190-26-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1563190/000156319026000094/comp-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001563190-26-000094

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