v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 259,700 $ 229,109
Restricted cash and short-term investments 127,701 120,176
Loans held for sale, at fair value 930,484 913,302
Other current assets (see Note 17) 121,687 114,050
Total current assets 2,099,678 2,005,042
Goodwill 799,575 802,040
Mortgage servicing rights, net 512,991 517,994
Loans, forgivable loans and other receivables from employees and partners, net 909,044 862,204
Right-of-use assets 409,086 447,765
Fixed assets, net 160,946 156,490
Other intangible assets, net 70,842 76,336
Other assets (see Note 17) 226,060 151,296
Total assets 5,188,222 5,019,167
Current liabilities:    
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises 909,145 892,439
Accrued compensation 405,760 440,337
Accounts payable, accrued expenses and other liabilities (see Note 26) 599,015 572,294
Payables to related parties 5,641 1,835
Total current liabilities 1,919,561 1,906,905
Long-term debt 867,283 671,746
Right-of-use liabilities 397,427 437,205
Other long-term liabilities (see Note 26) 254,923 251,507
Total liabilities 3,439,194 3,267,363
Commitments and contingencies (see Note 28)
Redeemable partnership interests 10,173 12,049
Equity:    
Additional paid-in capital 1,086,127 998,903
Retained earnings 1,329,712 1,311,748
Treasury stock at cost: 96,545,653 and 86,125,782 shares of Class A common stock at June 30, 2026 and December 31, 2025, respectively (982,101) (854,565)
Accumulated other comprehensive loss 66 2,808
Total stockholders’ equity 1,436,575 1,461,574
Noncontrolling interests 302,280 278,181
Total equity 1,738,855 1,739,755
Total liabilities, redeemable partnership interests, and equity 5,188,222 5,019,167
Nonrelated Party    
Current assets:    
Receivables, net 660,106 628,405
Class A Common Stock    
Equity:    
Common stock value 2,559 2,468
Class B Common Stock    
Equity:    
Common stock value $ 212 $ 212