secwatch.observer — SEC 8-K summary
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Issuer:     Compass, Inc. (COMP)
CIK:        0001563190
Form:       8-K
Filed at:   2026-08-04T20:06:48+00:00
Accession:  0001563190-26-000135
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Compass Q2 revenue $4.31B (+14% pro forma), Adj. EBITDA $363M record; raises synergy target
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- Revenue $4.31B (+109% reported, +14.3% pro forma YoY); GAAP net income $92M vs $39M YoY.
- Adjusted EBITDA $363M (all-time Q2 record); operating cash flow $191M; cash $694M, no revolver balance.
- Actioned entire $300M Year 1 net cost synergy target 5 months early; raised target to $330M.
- Brokerage GTV +15.9% pro forma vs market +6% (1,000 bps outperformance); agent retention 95.5%.
- Q3 guidance: revenue $3.85-4.05B, Adj. EBITDA $275-305M; FY non-GAAP OPEX raised to $2.75-2.80B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1563190/000156319026000135/0001563190-26-000135-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1563190/000156319026000135/comp-20260804.htm
  HTML page:      https://secwatch.observer/filing/0001563190-26-000135

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer