secwatch / observer

Compass, Inc. — fact timeline

Source-grounded facts extracted from Compass, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

COMP Compass, Inc. JSON
Shareholder Votes

Compass, Inc. shareholders approved Advisory vote to approve 2025 compensation paid to the Company's named executive officers at the 2026-05-14 meeting.

“For Against Abstain Broker Non-Votes 728,038,105 29,281,778 278,311 68,135,389”
Shareholder Votes

Compass, Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2026 at the 2026-05-14 meeting.

“For Against Abstain 822,455,190 1,926,358 1,352,035”
Shareholder Votes

Compass, Inc. shareholders approved Election of three Class II director nominees: Allan Leinwand, Charles Phillips and Pamela Thomas-Graham at the 2026-05-14 meeting.

“For Against Abstain Broker Non-Votes Allan Leinwand 734,027,441 22,659,225 911,528 68,135,389”
Earnings Releases

Compass, Inc. reported first quarter ended March 31, 2026 results: revenue $2.70 billion, net income $22 million. Guidance raised.

“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”
Material Agreements

Compass, Inc. entered into Put Agreement with certain funds managed or advised by Angelo, Gordon & Co., L.P. or its affiliates (collectively, "TPG") (effective 2026-04-15).

“On April 15, 2026, the Company and certain funds managed or advised by Angelo, Gordon & Co., L.P. or its affiliates (collectively, “TPG”), that are also parties to the Transaction, entered into an agreement (the “Put Agreement”) pursuant to which TPG will have the right but not the obligation (the “Put Right”) to require the Company to purchase 100% of Parent’s senior preferred equity at a purchase price determined in accordance with a formula set forth in the Put Agreement.”
Material Agreements

Compass, Inc. entered into Indenture with Wilmington Trust, National Association valued at $1,000.0 million in aggregate principal amount (effective 2026-01-09).

“the Company entered into an Indenture, dated as of January 9, 2026 (the “Indenture”), by and among the Company, the guarantors party thereto and Wilmington Trust, National Association, as trustee”
M&A Transactions

Compass, Inc. completed an acquisition involving Anywhere Real Estate Inc. for 1.436 fully paid and nonassessable shares of Company common stock (closed 2026-01-09).

“by the Company or Merger Sub, or (ii) by any direct or indirect subsidiary of either the Anywhere or the Company, other than Merger Sub) were converted into the right to receive 1.436 fully paid and nonassessable shares (the “Exchange Ratio”) of Company common stock and, if applicable, cash in lieu of fractional shares (collectively, the “Merger”
M&A Transactions

Compass, Inc. completed an acquisition involving At World Properties Holdings, LLC (Christie’s International Real Estate) for $150 million (closed 2025-01-13).

“Real Estate became a wholly-owned subsidiary of the Company. The aggregate consideration (“Total Consideration”) payable pursuant to the Merger Agreement consisted of (i) $150 million (the “Cash Consideration”), subject to certain customary purchase price adjustments and (ii) 44,136,191 shares of the Company’s Class A common stock (the “Share Consideration”).”
Earnings Releases

Compass, Inc. reported the first quarter ended March 31, 2024 results: revenue $1.05 billion, net income $132.9 million.

“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”
Earnings Releases

Compass, Inc. reported the fourth quarter and full year ended December 31, 2023 results: revenue Revenue in Q4 2023 decreased by 1% year-over-year to $ 1.1 billion as transactions declined 4.9% driven by macroeconomic, net income GAAP Net loss in Q4 2023 was $83.7 million, an improvement of $74.4 million or 47% from a Net loss of $158.1 million in.

“announced its financial results for the fourth quarter and full year ended December 31, 2023.”

Greg Hart departed as Chief Operating Officer at Compass, Inc..

“On December 12, 2023, Compass, Inc. (“Compass” or the “Company”) announced that Greg Hart, Chief Operating Officer of Compass, will depart the Company, effective December 31, 2023.”
Earnings Releases

Compass, Inc. reported third quarter ended September 30, 2023 results: revenue $1.34 billion, net income $39 million net loss.

“• Revenue decreased by 10% year-over-year to $ 1.34 billion as transactions declined 12% driven by macroeconomic factors. • Q3 2023 GAAP Net loss was $39 million, an improvement of 74% from a Net loss of $154 million in Q3 2022.”
Earnings Releases

Compass, Inc. reported second quarter ended June 30, 2023 results: revenue $1.5 billion, net income $48 million net loss. Guidance initiated.

“its operating expenses at $900 million in 2024 and is focused on maintaining that level through 2025. Q2 2023 Financial Highlights: • Revenue decreased by 26% year-over-year to $ 1.5 billion as transactions declined 19% driven by macroeconomic factors, combined with a decrease in the price of the average Compass transaction which was in part attributable to a shift”
Shareholder Votes

Compass, Inc. shareholders approved Advisory vote to approve 2022 named executive officers compensation at the 2023-06-01 meeting.

“3. Advisory Vote to Approve 2022 Named Executive Officers Compensation For Against Abstain Broker Non-Votes 655,461,673 3,982,273 16,010,135 56,905,291 Based on the votes set forth above, the stockholders approved, on an advisory basis, the 2022 compensation of the Company’s named executive officers.”
Shareholder Votes

Compass, Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2023 at the 2023-06-01 meeting.

“2. Ratification of the Appointment of PricewaterhouseCoopers LLP as the Company's Independent Public Accounting Firm for 2023 For Against Abstain 729,824,649 2,402,144 132,579 Based on the votes set forth above, the stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2023.”
Shareholder Votes

Compass, Inc. shareholders approved Election of three Class II directors at the 2023-06-01 meeting.

“Regarding the voting on the proposals at the Annual Meeting, each share of Class A common stock represented one vote and each share of Class C common stock represented twenty votes. Class B common stock does not have voting rights. 1. Election of Class II Directors Nominee For Against Abstain Broker Non-Votes Allan Leinwand 673,119,868 2,064,367 269,846 56,905,291 Charles Phillips 643,400,461 31,783,918 269,702 56,905,291 Pamela Thomas-Graham 614,034,151 61,178,831 241,099 56,905,291 Based on the votes set forth above, each director nominee was duly elected to serve until the 2026 annual meeting of stockholders and until their successor is duly elected and qualified.”
Earnings Releases

Compass, Inc. reported Q2 2023 results: revenue $1.45 billion to $1.6 billion. Guidance initiated.

“Outlook Q2 2023 Outlook: • Revenue of $1.45 billion to $1.6 billion • Adjusted EBITDA of $30 million to $50 million • Free cash flow positive”
Earnings Releases

Compass, Inc. reported the first quarter ended March 31, 2023 results: revenue $957 million, net income $150 million.

“Revenue decreased by 31% year-over-year to $ 957 million as transactions declined 24%, which was attributable to lower industry-wide transactions. • Q1 2023 GAAP Net loss was $150 million, an improvement from a Net loss of $188 million in Q1 2022.”
Earnings Releases

Compass, Inc. reported the full year ended December 31, 2022 results: revenue $6 billion, net income $602 million. Guidance initiated.

“FY22 Financial Highlights: • Revenue decreased by 6 % year-over-year to $ 6 billion as transactions at Compass also declined 6 %, which was driven primarily by lower industry wide transactions. • GAAP Net Loss includes non-cash stock-based compensation expenses of $235 million, depreciation and amortization of $86 million, restructuring charges due to the cost saving actions of $49 million, and litigation charges of $11 million. The net loss for FY22 was $ 602 million compared to $494 million in FY21,”
Earnings Releases

Compass, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $1.11 billion, net income $158 million. Guidance initiated.

“4Q22 Financial Highlights: • Revenue decreased by 31 % year-over-year to $ 1.11 billion as transactions declined 25 %, which was attributable to lower industry wide transactions. • GAAP Net Loss was $ 158 million, an improvement from a net loss of $175 million in 4Q21.”
Restructurings & Charges

Compass, Inc. announced a restructuring with charges of approximately $10 million to $12 million.

“On January 5, 2023, Compass, Inc. (the “Company”) implemented a further workforce reduction (“Workforce Reduction”) as part of the Company’s ongoing cost reduction initiatives to manage the business during the current macroeconomic environment, as referenced in its third quarter earnings conference call on November 10, 2022. The Workforce Reduction is in addition to the strategic actions that were reported on the Company’s Form 8-Ks dated September 20, 2022 and June 14, 2022. The Company currently estimates that as a result of the Workforce Reduction, it will incur pre-tax cash charges of approximately $10 million to $12 million for severance and other termination benefits for employees whose roles were or are being eliminated during the quarter ending March 31, 2023.”
Earnings Releases

Compass, Inc. reported the quarter ended September 30, 2022 results: revenue $1.49 billion, net income $154 million. Guidance initiated.

“Compass, Inc. Reports Third Quarter 2022 Results • Total revenues of $1.49 billion, down 14% compared to 3Q21, driven principally by lower market volumes. • Successfully launched the Compass national agent platform in all markets allowing agents to guide their customers from first contact to close in one seamless workflow platform. • The Company incurred $29 million in restructuring charges, of which $25 million was for severance. GAAP Net Loss was $154 million, compared to a GAAP Net Loss of $100 million in 3Q21 as lower revenues and restructuring costs more than offset reductions in commissions and operating expenses.”

Robert Reffkin changed role as Principal Financial Officer at Compass, Inc..

“As a result of Mr. Reelitz’s appointment as Chief Financial Officer, Robert Reffkin, Chief Executive Officer of the Company, will step down as Principal Financial Officer, effective at the close of business on November 14, 2022, but will remain the Chief Executive Officer.”

Kalani Reelitz was appointed as Chief Financial Officer at Compass, Inc..

“On October 28, 2022, Compass, Inc. (“Compass” or the “Company”) announced that Kalani Reelitz has been appointed to serve as Chief Financial Officer, effective November 15, 2022.”

Dawanna Williams was elected as Director at Compass, Inc..

“Effective July 1, 2022, the Board of Directors (the “Board”) of Compass, Inc. (the “Company”) increased the size of the Board from eight (8) directors to nine (9) directors, and elected Dawanna Williams as a director to fill the vacancy.”

Greg Hart was appointed as Chief Operating Officer at Compass, Inc..

“On May 10, 2022, Greg Hart was appointed as the Chief Operating Officer, effective immediately.”

Kristen Ankerbrandt resigned as Chief Financial Officer at Compass, Inc..

“On May 10, 2022, Kristen Ankerbrandt, the Company’s Chief Financial Officer, notified the Board of Directors of her intention to resign her employment with the Company effective the earlier of (i) September 2, 2022 or (ii) the date her successor commences serving in the role”

Allan Leinwand was elected as director at Compass, Inc..

“On May 6, 2022, the Board of Directors (the “Board”) of Compass, Inc. (the “Company”) increased the size of the Board from seven (7) to eight (8) directors, and elected Allan Leinwand as a director to fill the vacancy, effective May 10, 2022.”

Josh McCarter was elected as director at Compass, Inc..

“the Board of Directors (the “ Board ”) of Compass, Inc. (the “ Company ”) elected Josh McCarter as a director to fill an existing vacancy, effective on April 15, 2022.”

Eileen Murray resigned as Director at Compass, Inc..

“On January 17, 2022, Eileen Murray notified the Board of Directors (the “Board”) of Compass, Inc. (the “Company”), of her decision to resign from the Board, the Audit Committee of the Board (the “Audit Committee”) and the Nominating and Corporate Governance Committee of the Board, in each case effective as of February 28, 2022.”

Frank Martell was elected as Director at Compass, Inc..

“On November 23, 2021, the Board of Directors (the “ Board ”) of Compass, Inc. (the “ Company ”) increased the size of the Board from six (6) to seven (7) directors, and elected Frank Martell as a director to fill the vacancy, effective immediately.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.