Compass(NYSE) COMP

Compass, Inc. helps people buy and sell homes using local agents. It gives agents digital tools to manage their client business. The company connects buyers and sellers in many global markets.

Tools and Teams

• Brokerage Operations: Company-owned offices where agents earn commissions on residential home sales; operates through brands like Sotheby’s International Realty and Coldwell Banker.
• Franchise Network: Independently owned businesses that pay royalties to use brand names including Century 21 and ERA.
• Integrated Services: Title and escrow services for ownership verification and funds holding along with relocation and mortgage joint ventures.
• Home Platform: Cloud-based software suite that handles marketing, client tracking, and closing workflows in one application.

Recent Strategic Shifts

• Merged with Anywhere Real Estate Inc. on Jan. 9, 2026, to expand global operations.
• Acquired a company with global rights to the Christie’s International Real Estate brand in Jan. 2025.
• Issued $1.0 billion in convertible senior notes, which are debt that can become stock, in Jan. 2026.
• Became a 51% equity holder in a major franchise parent company during April 2026.

Global Reach and Technology

The company operates a global network of more than 340,000 real estate professionals across approximately 120 countries and territories. Its proprietary Home Platform uses artificial intelligence to simplify workflows and provide data-driven recommendations for clients.

A Look at the Books

• Revenue was $4.3 billion in the three months ended June 30, 2026, up 109.0% year over year.
• Net income attributable to the company was $92 million in the three months ended June 30, 2026.
• Brokerage segment revenue reached $4.0 billion in the three months ended June 30, 2026, up 96.7% year over year.
• Adjusted EBITDA, a measure of profit before interest and noncash items, was $363 million in the three months ended June 30, 2026.
• Cash and cash equivalents totaled $694 million as of June 30, 2026.

Bottom Line

Compass has evolved from a boutique brokerage into a global real estate conglomerate. This evolution followed its major merger with Anywhere Real Estate.