COMP on NYSE

Compass RE

Logo: Compass, Copyrighted free use, via Wikimedia Commons5

American residential real estate broker

Compass, Inc. provides residential real estate brokerage and related services in the United States. Including its franchised businesses, it has approximately 340,000 agents and associates, who are generally independent contractors, on its platform. It operates under many brand names including Compass, @properties, Better Homes and Gardens Real Estate, Century 21 Real Estate, Coldwell Banker, Corcoran Group, ERA Real Estate, Sotheby's International Realty, and Christie's International Real Estate.3 It was founded by Ori Allon and Robert Reffkin.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

2012Founded1

Compare with eXp World Holdings, Marriott Vacations Worldwide Corporation or KE Holdings Inc., or pick any stock.

  • TickerCOMP on NYSE1
  • IndustryReal Estate Agents & Managers (For Others)1
  • HeadquartersNew York City1
  • Websitewww.compass.com
  • Incorporated inDE6
  • Business address110 Fifth Avenue, 4Th Floor, New York, Ny 100116
  • Filer categoryLarge accelerated filer6
  • Legal formCorporation4
  • Kind of organizationResidential real estate vehicle1
  • LEI254900FW30RFXQKV0G404
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O LISCR Trust Company, 1000 Monrovia, Liberia4
  • Registered withLiberia Business Registry, C-513324
Compass Real Estate Seattle Hub
Photo: طاها, CC BY-SA 4.0, via Wikimedia Commons9

Compass, Inc. provides residential real estate brokerage and related services in the United States. Including its franchised businesses, it has approximately 340,000 agents and associates, who are generally independent contractors, on its platform. It operates under many brand names including Compass, @properties, Better Homes and Gardens Real Estate, Century 21 Real Estate, Coldwell Banker, Corcoran Group, ERA Real Estate, Sotheby's International Realty, and Christie's International Real Estate.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-0.9%Operating margin10
-0.8%Net margin10
23.7%Revenue growth, 202510
-7.5%Return on equity10
$203.3MFree cash flow10

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development4¢$245.8M
  • Other costs96¢$6.7B
  • Income tax0¢$1.1M

Out of $7.0B in revenue.10 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending6¢$13.4M
  • Kept or used elsewhere94¢$203.3M

Out of $216.7M of cash from operations.10

Financial statements

Revenue1112131410$7.0B in 2025+192% since 2019
0$2.0B$4.0B$6.0B$8.0B2019: $2.4B$2.4B20192020: $3.7B$3.7B2020+56%2021: $6.4B$6.4B2021+73%2022: $6.0B$6.0B2022−6%2023: $4.9B$4.9B2023−19%2024: $5.6B$5.6B2024+15%2025: $7.0B$7.0B2025+24%
Operating income1112131410-$63.4M in 2025−84% since 2019
-$600.0M-$400.0M-$200.0M02019: -$401.8M-$401.8M20192020: -$273.3M-$273.3M2020−32%2021: -$493.0M-$493.0M2021+80%2022: -$589.4M-$589.4M2022+20%2023: -$314.9M-$314.9M2023−47%2024: -$154.8M-$154.8M2024−51%2025: -$63.4M-$63.4M2025−59%
Net income1112131410-$58.5M in 2025−85% since 2019
-$800.0M-$600.0M-$400.0M-$200.0M02019: -$388.0M-$388.0M20192020: -$270.2M-$270.2M2020−30%2021: -$494.1M-$494.1M2021+83%2022: -$601.5M-$601.5M2022+22%2023: -$321.3M-$321.3M2023−47%2024: -$154.4M-$154.4M2024−52%2025: -$58.5M-$58.5M2025−62%

Every line of the income statement as filed: the last 3 fiscal years, latest first.10

Period ending2025-12-312024-12-312023-12-31
Revenue$7.0B$5.6B$4.9B
Commissions and other related expense$5.7B$4.6B$4.0B
Sales and marketing$377.9M$368.7M$435.4M
Operations and support$429.4M$334.5M$326.9M
Research and development$245.8M$188.8M$184.5M
General and administrative$144.3M$165.2M$125.7M
Anywhere merger transaction and integration expenses$18.1M$0$0
Restructuring costs$17.1M$9.7M$30.4M
Depreciation and amortization$112.7M$82.4M$90.0M
Total operating expenses$7.0B$5.8B$5.2B
Loss from operations-$63.4M-$154.8M-$314.9M
Investment income, net$5.5M$6.8M$8.5M
Interest expense-$9.0M-$6.4M-$10.8M
Loss before income taxes and equity in income (loss) of unconsolidated entities-$66.9M-$154.4M-$317.2M
Benefit from income taxes$1.1M$500.0K$400.0K
Equity in income (loss) of unconsolidated entities$7.1M-$600.0K-$3.3M
Net loss-$58.7M-$154.5M-$320.1M
Net loss (income) attributable to non-controlling interests$200.0K$100.0K-$1.2M
Net loss attributable to Compass, Inc.-$58.5M-$154.4M-$321.3M
Net loss per share attributable to Compass, Inc., basic (in dollars per share)-$0.10-$0.31-$0.69
Net loss per share attributable to Compass, Inc., diluted (in dollars per share)-$0.10-$0.31-$0.69
Weighted-average shares used in computing net loss per share attributable to Compass, Inc., basic (in shares)562.2M shares501.5M shares466.5M shares
Weighted-average shares used in computing net loss per share attributable to Compass, Inc., diluted (in shares)562.2M shares501.5M shares466.5M shares

Compare Compass RE with another company

Corporate structure

Compass RE sits at the top of its group. 35 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Compass RE

  • Compass RE Hong Kong, Hong Kong
    • BDG Partners Subsidiary · Nashville
    • GeoPark Ltd Stake · Hamilton, Bermuda
    • Vasta Platform Ltd Stake · E9
    • Vitru Ltd Stake · E9
    • Ansley Atlanta Real Estate, LLC Subsidiary · Georgia, United States
    • At World Properties Holdings, LLC Subsidiary · Delaware, United States
    • At World Properties Midco, LLC Subsidiary · Delaware, United States
    • At World Properties New Holdings, Inc. Subsidiary · Delaware, United States
    • At World Properties, LLC Subsidiary · Illinois, United States
    • Chartwell Escrow, Inc. Subsidiary · California, United States
    • Christie's International Real Estate, LLC Subsidiary · Delaware, United States
    • Compass Brokerage, LLC Subsidiary · Delaware, United States
    • Compass California II, Inc. Subsidiary · Delaware, United States
    • Compass California III, Inc. Subsidiary · Delaware, United States
    • Compass California, Inc. Subsidiary · Delaware, United States
    • Compass Carolinas, LLC Subsidiary · Delaware, United States
    • Compass Colorado, LLC Subsidiary · Delaware, United States
    • Compass Connecticut, LLC Subsidiary · Delaware, United States
    • Compass DMV, LLC Subsidiary · Delaware, United States
    • Compass Florida, LLC Subsidiary · Delaware, United States
    • Compass Greater NY, LLC Subsidiary · Delaware, United States
    • Compass Hamptons, LLC Subsidiary · Delaware, United States
    • Compass Illinois, Inc. Subsidiary · Delaware, United States
    • Compass Management Holdings, LLC Subsidiary · Delaware, United States
    • Compass Massachusetts, LLC Subsidiary · Delaware, United States
    • and 9 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G; stakes of 5% or more it reported on Schedules 13D and 13G (3 companies). Each entity in the chart links to its source.

What it owns

What Compass RE reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$310.3M10 Dec 31, 2025$299.6M10 Dec 31, 2024+3.6%
Accumulated depreciation$196.5M10 Dec 31, 2025$174.1M10 Dec 31, 2024+12.9%
Property and equipment, net$113.8M10 Dec 31, 2025$125.5M10 Dec 31, 2024−9.3%
Operating-lease assets (leased space)$381.1M10 Dec 31, 2025$389.7M10 Dec 31, 2024−2.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$199.0M10 Dec 31, 2025$223.8M10 Dec 31, 2024−11.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$479.2M10 Dec 31, 2025$233.6M10 Dec 31, 2024+105.1%
Intangible assets, net (excluding goodwill)$193.3M10 Dec 31, 2025$73.8M10 Dec 31, 2024+161.9%
Accumulated amortization$208.2M10 Dec 31, 2025$135.7M10 Dec 31, 2024+53.4%
Finite-lived intangibles, net$193.0M10 Dec 31, 2025$73.5M14 Dec 31, 2024+162.6%

Properties, in its own words

We are headquartered in New York, New York, where we occupy approximately 32,500 square feet of office space pursuant to a lease that is expected to expire in November 2033 subject to the terms thereof. We also lease operating and sales offices throughout the United States.

Item 2 of the 10-K filed Feb 27, 2026.17

The story

Founded by Ori Allon and Robert Reffkin in 2012.1

Compass was founded by Ori Allon, Robert Reffkin, and Avi Dorfman as Urban Compass, Inc. in New York City in October 2012. Allon was a Director of Engineering at Twitter, and previously founded companies acquired by Twitter and Google. Reffkin had previously served as the chief of staff to the president of Goldman Sachs and worked in the White House. Avi Dorfman had previously worked at McKinsey & Company and Lehman Brothers, and founded a startup.

The company raised $8 million of seed funding. The initial business model employed full-time, salaried brokers and was focused only on rentals. The service was launched in May 2013.

In January 2014, Compass announced it would change its overall business model by contracting independent real estate agents, receiving a portion of the broker commission.

In July 2014, Compass signed a lease on 25,000 square feet of office space at 90 5th Avenue, which became its global headquarters.

In June 2014, Leonard Steinberg, previously with Douglas Elliman, was named president of the company. At that time, the company had 125 agents and 70 staff members.

In July 2016, the company launched a mobile app.

The company expanded into several markets, both organically and via acquisitions. By January 2017, the company operated in 9 U.S. markets: New York, Boston, San Francisco, Miami, Washington, the Hamptons, Los Angeles, Santa Barbara, and Aspen. At that time, it had 1,300 agents.

On April 1, 2021, the company became a public company via an initial public offering.

Read the full text

In November 2021, Compass settled with Avi Dorfman, ending an 8-year dispute, and acknowledging him as a member of the founding team. The company took a $21.3 million charge in connection with the matter.

The company announced several rounds of layoffs in 2022 and 2023.

In June 2025, Compass sued Zillow for violation of federal antitrust laws with its policy that any home that was put on the market but not available for listing on Zillow within 24 hours would be banned from its site.

From Wikipedia’s article on Compass, Inc., shared under CC BY-SA 4.0.7

Leadership

Who has led Compass RE, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (18)

Subsidiaries and ownership

Subsidiaries

Subsidiaries (Exhibit 21)

  • Ansley Atlanta Real Estate, LLC Georgia8
  • At World Properties Holdings, LLC Delaware8
  • At World Properties Midco, LLC Delaware8
  • At World Properties New Holdings, Inc. Delaware8
  • At World Properties, LLC Illinois8
  • Chartwell Escrow, Inc. California8
  • Christie's International Real Estate, LLC Delaware8
  • Compass Brokerage, LLC Delaware8
  • Compass California II, Inc. Delaware8
  • Compass California III, Inc. Delaware8
  • Compass California, Inc. Delaware8
  • Compass Carolinas, LLC Delaware8
  • Compass Colorado, LLC Delaware8
  • Compass Connecticut, LLC Delaware8
  • Compass DMV, LLC Delaware8
  • Compass Florida, LLC Delaware8
  • Compass Greater NY, LLC Delaware8
  • Compass Hamptons, LLC Delaware8
  • Compass Illinois, Inc. Delaware8
  • Compass Management Holdings, LLC Delaware8
  • Compass Massachusetts, LLC Delaware8
  • Compass New Jersey, LLC Delaware8
  • Compass Pennsylvania, LLC Delaware8
  • Compass RE NY, LLC Delaware8
All 29 listed subsidiaries
  • Compass RE Texas, LLC Texas8
  • Compass Real Estate Ventures, LLC Delaware8
  • Compass Title & Escrow Services, LLC Delaware8
  • Compass Washington, LLC Delaware8
  • Proper Title, LLC Illinois8

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Urban Compass, Inc.Dec 5, 2012 to Jan 11, 20216

Timeline

  1. Oct 14, 20268-K Executive or director change44
  2. Aug 4, 20268-K Results of operations45
  3. May 15, 20268-K Shareholder vote46
  4. May 5, 20268-K Results of operations47
  5. Apr 17, 20268-K Entered a material agreement48
  6. Feb 26, 20268-K Results of operations; Regulation FD disclosure49
  7. Feb 23, 20268-K Executive or director change50
  8. Feb 9, 20268-K Financial statements and exhibits51
  9. Jan 9, 20268-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation52
  10. Jan 8, 20268-K Other events53
  11. Jan 7, 20268-K Results of operations; Other events54
  12. Jan 7, 20268-K Shareholder vote; Regulation FD disclosure55
  13. Mar 31, 2021New chief executive Robert Reffkin becomes CEO18
  14. 2012Founded Founded1

Calendar

Coming up

  1. Nov 5, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported ($0.01) a share, on Nov 4, 2025.56

When it reported results

  1. Aug 4, 2026Reported quarterly or annual results45
  2. May 5, 2026Reported quarterly or annual results47
  3. Feb 26, 2026Reported quarterly or annual results49
  4. Jan 7, 2026Reported quarterly or annual results54
  5. Nov 4, 2025Reported quarterly or annual results57
  6. Jul 30, 2025Reported quarterly or annual results58
  7. May 8, 2025Reported quarterly or annual results59
  8. Feb 18, 2025Reported quarterly or annual results60

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

647 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 61 major events, 408 insider forms, 31 large holders, 24 private raises, 103 other. The latest 20:

  1. Oct 14, 20268-K EDGAR
  2. Oct 6, 2026D EDGAR
  3. Sep 24, 2026D EDGAR
  4. Sep 17, 20264 EDGAR
  5. Sep 17, 20264 EDGAR
  6. Sep 17, 20264 EDGAR
  7. Sep 16, 2026D EDGAR
  8. Aug 31, 2026N-PX EDGAR
  9. Aug 6, 202610-Q EDGAR
  10. Aug 5, 20264 EDGAR
  11. Aug 5, 20264 EDGAR
  12. Aug 4, 20268-K EDGAR
  13. Jul 31, 2026SCHEDULE 13G EDGAR
  14. Jul 27, 2026SCHEDULE 13G/A EDGAR
  15. Jul 17, 2026D EDGAR
  16. Jul 2, 20264 EDGAR
  17. Jun 17, 2026144 EDGAR
  18. Jun 17, 20264 EDGAR
  19. Jun 17, 20264 EDGAR
  20. Jun 17, 20264 EDGAR

The 647 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

71 open-market trades by officers, directors and large owners since October 2021: 1 buys and 70 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 3, 2026Reffkin Robert L.Chairman and CEOSale23,456$11.70$274.4KForm 4
Jul 1, 2026Reffkin Robert L.Chairman and CEOSale23,456$12.51$293.4KForm 4
Jun 3, 2026Reffkin Robert L.Chairman and CEOSale23,456$7.70$180.5KForm 4
Jan 7, 2026Wahlers Scott R.CFOSale99,986$12.03$1.2MForm 4
Dec 17, 2025Wahlers Scott R.CFOSale26,600$11.00$292.6KForm 4
Dec 12, 2025Wahlers Scott R.CFOSale23,500$11.00$258.5KForm 4
Nov 25, 2025Wahlers Scott R.CFOSale49,900$11.00$548.9KForm 4
Nov 25, 2025Serwin Bradley KGeneral CounselSale20,953$11.00$230.5KForm 4
Nov 24, 2025Serwin Bradley KGeneral CounselSale20,952$10.50$220.0KForm 4
Nov 21, 2025Serwin Bradley KGeneral CounselSale13,969$10.00$139.7KForm 4
Nov 12, 2025Serwin Bradley KGeneral CounselSale904$9.50$8.6KForm 4
Nov 11, 2025Serwin Bradley KGeneral CounselSale903$9.00$8.1KForm 4
Aug 25, 2025Serwin Bradley KGeneral CounselSale13,065$9.50$124.1KForm 4
Aug 22, 2025Serwin Bradley KGeneral CounselSale13,064$9.00$117.6KForm 4
Mar 24, 2025SVF Endurance (Cayman) Ltd10% ownerSale10,000,000$9.15$91.5MForm 4
Feb 19, 2025Serwin Bradley KGeneral CounselSale137,472$9.16$1.3MForm 4
Feb 19, 2025Thomas-Graham PamelaDirectorSale35,683$9.00$321.1KForm 4
Feb 19, 2025Leinwand AllanDirectorSale10,098$10.00$101.0KForm 4
Feb 19, 2025Wahlers Scott R.CFOSale250,000$9.27$2.3MForm 4
Feb 19, 2025Reffkin Robert L.Chairman and CEOSale2,000,000$9.46$18.9MForm 4

All 71 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Stakes it holds

Compass RE has told the SEC it owns more than 5% of 3 companies, latest first (Schedules 13D and 13G).

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Robert Reffkin46$900.0K$10.7M73
2025Bradley Serwin$456.9K$10.3M73
2025Kalani Reelitz$336.5K$7.9M73
2025Scott Wahlers$444.8K$7.9M73
2024Chief Executive Officer$900.0K$15.0M73
2024Former Chief Financial Officer$489.6K$2.1M73
2024Former General Counsel & Corporate Secretary$450.0K$1.2M73
2023Chief Executive Officer$500.0K$7.7M73
2023Former General Counsel & Corporate Secretary$450.0K$1.6M73
2023Former Chief Financial Officer$450.0K$937.0K73

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Sep 9, 2026Raised $14.9 million in a private offering of equity Form D: 3 investors so far Form D
  2. Sep 1, 2026Raised $10.2 million in a private offering of equity Form D: 5 investors so far Form D
  3. Jul 2, 2026Raised $26.9 million in a private offering of equity Form D: 4 investors so far Form D
  4. Jan 16, 2026Raised $2.8 million in a private offering of equity Form D: 1 investor so far Form D
  5. Oct 30, 2025Raised $249,996 in a private offering of equity Form D: 2 investors so far Form D
  6. Oct 2, 2025Raised $370,966 in a private offering of equity Form D: 81 investors so far Form D
  7. Sep 10, 2025Raised $9 million in a private offering of equity Form D: 3 investors so far Form D
  8. Aug 28, 2025Raised $254.7 million in a private offering of equity Form D: 56 investors so far Form D
  9. Jul 25, 2025Raised $738,998 in a private offering of equity Form D: 1 investor so far Form D
  10. Jul 16, 2025Raised $501,897 in a private offering of equity Form D: 1 investor so far Form D
  11. Jun 13, 2025Raised $2.6 million in a private offering of equity Form D: 1 investor so far Form D
  12. May 7, 2024Raised $15.7 million in a private offering of equity Form D: $26.2 million offered in all Form D
  13. Apr 3, 2024Raised $6.8 million in a private offering of equity Form D: $8 million offered in all Form D
  14. Jan 30, 2024Raised $599,998 in a private offering of equity Form D: 4 investors so far Form D
  15. Jan 9, 2024Raised $5.1 million in a private offering of equity Form D: 1 investor so far Form D
  16. Oct 16, 2023Raised $844,953 in a private offering of equity Form D: 3 investors so far Form D
  17. Oct 6, 2023Raised $7.4 million in a private offering of equity Form D: 1 investor so far Form D
  18. Sep 29, 2023Raised $370,938 in a private offering of equity Form D: 1 investor so far Form D
  19. Aug 25, 2023Raised $599,999 in a private offering of equity Form D: 1 investor so far Form D
  20. Aug 25, 2023Raised $1.4 million in a private offering of equity Form D: 2 investors so far Form D
  21. Aug 24, 2023Raised $32.4 million in a private offering of equity Form D: 65 investors so far Form D
  22. Mar 22, 2023Raised $4.6 million in a private offering of equity Form D: 3 investors so far Form D
  23. Mar 6, 2023Raised $4.2 million in a private offering of equity Form D: 3 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Fmr LLC108,165,933$1.3B0.1%+611,331
Vanguard Portfolio Management LLC64,702,896$797.8M0.0%+4,666,018
BlackRock, Inc.55,411,412$683.2M0.0%+4,883,493
Vanguard Capital Management LLC32,402,495$399.5M0.0%+1,525,548
Sb Investment Advisers (uk) Ltd21,504,702$265.2M3.5%−500,000
Capital International Investors21,368,816$263.5M0.1%+1,425,400
Geode Capital Management, LLC18,646,930$230.0M0.0%+2,230,771
Castle Hook Partners LP17,025,377$209.9M2.2%+14,526,708
State Street Corp16,595,990$204.6M0.0%+1,943,429
D1 Capital Partners L.P.15,224,831$187.7M0.5%New
Artisan Partners Limited Partnership13,865,184$171.0M0.3%+3,820,627
Senvest Management, LLC12,569,334$155.0M4.5%+3,389,589
Parsifal Capital Management, LP11,859,422$146.2M17.9%−58,880
Charles Schwab Investment Management Inc10,232,090$126.2M0.0%−1,350,712
Divisadero Street Capital Management, LP9,505,505$117.2M2.7%+6,115,578
Norges Bank9,035,228$111.4M0.0%New
Jpmorgan Chase & Co8,690,461$104.7M0.0%+2,963,107
Rubric Capital Management LP8,218,394$101.3M0.9%+4,471,546
Discovery Capital Management, LLC / Ct7,526,497$92.8M3.9%+1,454,200
Avala Global LP7,291,665$89.9M3.3%+5,183,668
Wcm Investment Management, LLC7,287,246$87.4M0.2%+1,272,873
Winslow Capital Management, LLC6,934,620$85.5M0.3%No change
Philosophy Capital Management LLC6,727,996$83.0M8.0%−47,201
Northern Trust Corp6,667,404$82.2M0.0%+1,066,958
Kanen Wealth Management LLC6,447,324$79.7M19.5%+38,825

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jul 16, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−27.8%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Compass RE is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCompass, Inc.2
  • CIK0001563190
  • Employer ID (EIN)30-075160417
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company17
  • Incorporated inDelaware17
  • Fiscal year endsDecember 312
  • Industry code (SIC)6531 Real Estate Agents & Managers (For Others)2
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance2
  • Business address110 Fifth Avenue, 4Th Floor, New York, NY 100112
  • Phone646-982-03532
  • Shares outstanding757,522,197 as of Aug 3, 202616
  • Public float$3.2B as of Jun 30, 202517
  • AuditorPricewaterhouseCoopers LLP, New York PCAOB ID 238; it also attests to the company’s internal control over financial reporting17
  • On EDGAR sinceDec 5, 20122
  • Filings685 in all: 4 (411), 8-K (61), 144 (50), D (26), 3 (25), 10-Q (17), SCHEDULE 13G/A (12), CORRESP (8)2
    All 33 form types

    SC 13G (8), SC 13G/A (8), S-8 (7), 425 (6), DEFA14A (6), UPLOAD (6), 10-K (5), DEF 14A (5), 8-K/A (3), S-1/A (3), SCHEDULE 13G (3), EFFECT (2), 144/A (1), 3/A (1), 424B3 (1), 424B4 (1), 8-A12B (1), ARS (1), CERT (1), DRS (1), DRS/A (1), DRSLTR (1), S-1 (1), S-4 (1), S-8 POS (1)

  • Latest filingsAnnual report (10-K) Feb 27, 2026
    Quarterly report (10-Q) Aug 6, 2026
    Proxy statement (DEF 14A) Apr 3, 2026
    Latest 8-K (8-K) Oct 14, 2026

Securities registered for trading

ClassSymbolExchange
COMPThe New York Stock Exchange

From the cover page of the 10-K filed Feb 27, 2026 (Section 12(b) of the Exchange Act).17

Risk factors and legal proceedings

The risks Compass RE names in Item 1A of its 10-K filed Feb 27, 2026: 64 risks under these headings, as written.17

  • Risks Related to U.S. Real Estate Industry
  • Our success depends on general economic conditions, the health of the U.S. real estate industry, and risks generally incident to the ownership of residential real estate, and our business may be negatively impacted by economic and industry downturns, including seasonal and cyclical trends, and volatility in the residential real estate market.
  • Monetary policies of the federal government and its agencies may have an adverse impact on our business, financial condition and results of operations.
  • High mortgage rates and tighter mortgage underwriting standards have had an adverse effect on our business, financial condition and results of operations.
  • Low home inventory levels may result in insufficient supply, which could negatively impact home sale transaction growth.
  • Risks Related to Our Business and Operations
  • We may be unable to successfully integrate Anywhere’s business and realize cost synergies and other anticipated benefits of the Anywhere Merger.
  • In connection with the Anywhere Merger, we became a party to significant additional indebtedness, which could adversely affect our business and operations, including by decreasing our business flexibility and significantly increasing our interest expense, among other things.
  • An event of default under our 2025 Revolving Credit Facility or the indentures governing our other material indebtedness would adversely affect our operations and our ability to satisfy obligations under our indebtedness.
  • We may need to raise additional capital to continue to grow our business, and we may not be able to raise additional capital on terms acceptable to us, or at all.
  • We might not be able to recruit and retain real estate professionals at the same rate as in the past, which could adversely affect our and the combined company’s business, financial condition and results of operations.
  • Regulatory authorities and private parties may continue to review the Anywhere Merger, and any challenges and resulting actions could adversely affect our business.
The other 54 risks
  • Ongoing industry antitrust class action litigation (including the antitrust lawsuits filed against us and Anywhere) or any related regulatory activities could result in additional meaningful industry-wide changes, and the recent changes and/or any additional meaningful changes could have a materially adverse effect on our business, operations, financial condition and results of operations.
  • Any decrease in our gross commission income or the percentage of commissions that we or our franchisees collect may harm our business, financial condition and results of operations.
  • Our franchise business increased significantly as a result of the Anywhere Merger, and our future financial results are expected to be materially impacted by the operating results of our franchisees and the terms of our arrangements with them.
  • We must carefully manage our expense structure and a failure to do so could have a material adverse effect on our business.
  • Because a material portion of our business is concentrated in certain geographic areas and high-end markets, any adverse economic, real estate or business conditions in these geographic areas and/or impacting high-end markets could have a material adverse effect on our operating results.
  • If we fail to continuously innovate, improve and expand our technology offerings to create value for real estate professionals and their clients, our business, financial condition and results of operations could be adversely affected.
  • AI and AI-related technologies could lead to changes in the real estate industry and present various operational, reputational and compliance risks. If we fail to adapt to the changes in a timely and effective manner or any of such risks materialize in a material way, our business and results of operations may be adversely affected.
  • Our efforts to expand our operations, including our owned-brokerage, our franchise business and integrated services, and to offer additional integrated services may not be successful.
  • We may not realize the expected benefits from our existing or future joint ventures, including our mortgage business and title insurance underwriter.
  • We operate in highly competitive markets and we may be unable to compete successfully against competitors.
  • Our ability to recruit real estate professionals at our owned-brokerage and expand our network of franchisees depends on the strength of our reputation and reputation of our brands.
  • Our quarterly results and other operating metrics may fluctuate from quarter to quarter, which makes these metrics difficult to predict.
  • The loss of one or more of our key personnel, or our failure to attract and retain other highly qualified personnel, could harm our business.
  • Actions by real estate professionals, or by our employees or franchisees, could adversely affect our reputation and subject us to liability.
  • If acquisitions are not successfully completed or integrated into our existing operations, our business, financial condition, or results of operations may be adversely affected.
  • We may not be able to maintain or establish relationships with MLSs and third-party listing providers, which could limit the information we are able to provide to real estate professionals and real estate professionals’ clients.
  • Cybersecurity incidents could disrupt business operations and result in the loss of critical and confidential information or claims or litigation arising from such incidents, any of which may adversely impact our reputation and business, financial condition, and results of operations.
  • Our fraud detection processes may not successfully detect all fraudulent activity, which could adversely affect our reputation and business results.
  • We could be subject to significant losses if banks do not honor our escrow and trust deposits.
  • Our goodwill and other long-lived assets are subject to potential impairment which could negatively impact our earnings.
  • We may incur substantial liabilities arising out of Anywhere’s legacy pension plan.
  • Through our franchise and relocation business, we have expanded, and may continue to expand in the future, into international markets, which will expose us to significant risks.
  • Our management team is required to evaluate the effectiveness of our internal control over financial reporting. If we are unable to maintain effective internal control over financial reporting, investors may lose confidence in the accuracy of our financial reports, which could adversely affect our business.
  • Our ability to use our net operating losses and other tax attributes may be limited.
  • We rely on assumptions, estimates, and business data to calculate our key performance indicators and other business metrics, and real or perceived inaccuracies in these metrics may harm our reputation and negatively affect our business.
  • Changes in accounting standards, subjective assumptions and estimates used by management related to complex accounting matters could have an adverse effect on our business, financial condition, and results of operations.
  • We may be unable to continue to securitize certain of the relocation assets of Cartus, which may adversely impact our liquidity.
  • Our platform is highly complex and our software may contain undetected errors.
  • Our company culture has contributed to our success, and if we cannot maintain this culture as we grow, our business could be harmed.
  • Some of our potential losses may not be covered by insurance. We may not be able to obtain or maintain adequate insurance coverage.
  • Disruption or delays in service from third-party providers could adversely impact our business, including the delivery of our platform and technology offerings.
  • We may not be able to generate a meaningful number of high-quality leads for real estate professionals and franchisees.
  • Continued reductions in the global spending on relocation services or a cessation or reduction in the volume of business generated from multiple significant relocation clients, or the loss of our largest real estate benefit program client could adversely affect our revenues and profitability.
  • Investors’ expectations of our performance relating to environmental, social, and governance factors may impose additional costs and expose us to new risks.
  • Natural disasters and catastrophic events may disrupt real estate markets and could adversely affect our business, financial condition and results of operations.
  • Risks Related to Our Legal and Regulatory Environment
  • We are periodically subject to claims, lawsuits, government investigations, and other proceedings that may adversely affect our business, financial condition, and results of operations.
  • We classify real estate professionals at our owned-brokerage as independent contractors, and if federal or state law mandates that they be classified as employees, our business, financial condition, and results of operations would be adversely impacted.
  • We process, store, and use personal information and other data, which subjects us to governmental regulation and other legal obligations related to data privacy, and violation of these privacy obligations could result in a claim for damages, regulatory action, loss of business, and/or unfavorable publicity.
  • We are subject to a variety of federal, state and international laws, many of which are unsettled and still developing, and certain of our businesses are highly regulated. Any failure to comply with such regulations or any changes in such regulations could adversely affect our business.
  • Risks Related to Our Intellectual Property
  • Our intellectual property rights are valuable to us, and any inability to protect them could reduce the value of our products, services, and brands.
  • Our platform, its features, and our technology offerings may infringe the intellectual property rights of others, which may cause us to incur unexpected costs or prevent us from providing our products and services.
  • Some of our products and services contain open source software, which may pose particular risks to our proprietary software, products, and services in a manner that could have a negative effect on our business.
  • Risks Related to Ownership of Our Class A Common Stock
  • The multi-class structure of our common stock has the effect of concentrating voting power with Robert Reffkin, our founder, Chairman, and Chief Executive Officer, and his financial planning vehicles and affiliated trusts.
  • We cannot predict the effect our multi-class structure may have on the market price of our Class A common stock.
  • The trading price of the shares of our Class A common stock is likely to be volatile.
  • If securities or industry analysts do not publish research or publish unfavorable research about our business, our stock price and trading volume could decline.
  • A downgrade, suspension or withdrawal of the rating assigned by a rating agency to us or our indebtedness could make it more difficult for us to refinance or restructure our debt or obtain additional debt financing in the future.
  • Provisions in our charter documents and under Delaware law could make an acquisition of us, which may be beneficial to our stockholders, more difficult and may limit attempts by our stockholders to replace or remove our current management.
  • Our restated certificate of incorporation and amended and restated bylaws contain exclusive forum provisions for certain claims, which may limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers, or employees.
  • We do not anticipate paying any cash dividends on our Class A common stock in the foreseeable future.
  • Risks Related to the Convertible Notes
  • The accounting method for the Convertible Notes could adversely affect our reported financial condition and results.
  • Conversion of the Convertible Notes may dilute the ownership interest of our stockholders or may otherwise depress the price of our Class A common stock.
  • The capped call transactions may affect the value of our Class A common stock.
  • We are subject to counterparty risk with respect to the capped call transactions, and the capped call may not operate as planned.

Legal proceedings

The information relating to legal proceedings contained in Note 11 to the consolidated financial statements included in Part II, Item 8 of this Annual Report is incorporated herein by this reference.

Additionally, Anywhere (formerly known as Realogy Holdings Corp.) is involved in the following material legal proceedings:

Anywhere Antitrust Litigation

The three bulleted cases directly below are class actions covering sellers of homes utilizing a broker during the class period that challenge residential real estate industry rules and practices that require an offer of compensation and payment of buyer-broker commissions and certain alleged associated practices:

The opening of Item 3, Legal Proceedings.17

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
    SEC EDGAROther events
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71
  72. 72
  73. 73