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

Altisource Portfolio Solutions S.A.

Altisource Portfolio Solutions S.A.

ASPS

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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.


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