08/08/2023
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Compass reported its second quarter 2023 results today, confirming that we have delivered on our commitment to being free cash flow positive, with $51M in free cash flow. This means that we generated more cash than we spent on operations. While driving sales volume of $56.8B and over 54,000 transactions, we increased market share for the third straight quarter and saw principal agent retention of 98% for the quarter. Thank you to all of our exceptional agents and passionate employees for their continued hard work and commitment. No matter the market environment, we are outpacing the industry and setting the groundwork for our future success.