Altisource Q2 FY26 turns to net loss of USD 562,000; revenue rises 17% to USD 50.66 million - ASPS News | RalliesAltisource Q2 FY26 turns to net loss of USD 562,000; revenue rises 17% to USD 50.66 million
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ASPS• Q2 FY26 results
- Altisource posted a net loss attributable to shareholders of $562,000, swinging from a 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%.
Costs, debt and customer concentration
- 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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