Altisource Q2 FY26 turns to net loss of USD 562,000; revenue rises 17% to USD 50.66 million

Reuters2026/07/23 11:12

By:Reuters

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Altisource posted a net loss attributable to shareholders of $562,000, swinging from profit a year earlier; diluted EPS turned to a loss of $0.05.
Revenue rose 17% to $50.66 million, driven by a 62% jump in Origination service revenue to $14.33 million.
Operating income fell 65% to $1.13 million as gross margin on service revenue narrowed 6 percentage points to 26%.
Interest expense dropped 19% to $2.13 million; results also included a $696,000 gain on early debt extinguishment.
Onity remained the largest customer, contributing 33% of total revenue; the Rithm subservicing termination was flagged as a revenue headwind.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Altisource Portfolio Solutions SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001462418-26-000045), on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Altisource Q2 FY26 turns to net loss of USD 562,000; revenue rises 17% to USD 50.66 million

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