Revenue: As of FY2026 Q1, the actual value is USD 47.58 M.

EPS: As of FY2026 Q1, the actual value is USD -0.06.

EBIT: As of FY2026 Q1, the actual value is USD 3.178 M.

Financial Highlights (First Quarter 2026 vs. First Quarter 2025)

Revenue and Profitability

• Service Revenue: ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported service revenue of $45.1 million, a 10% increase from $40.9 million in the prior year quarter. Total revenue increased by 10% to $47.584 million, up from $43.439 million in the first quarter of 2025 .
• Gross Profit: Gross profit was $13.111 million, representing a -2% decrease from $13.325 million in the same period last year. The gross profit margin relative to service revenue was 29% for Q1 2026, down from 33% in Q1 2025 .
• Income from Operations: Income from operations decreased by -47% to $1.725 million, compared to $3.245 million in the first quarter of 2025 .
• Adjusted Operating Income: Adjusted operating income was $4.411 million, a -15% decrease from $5.199 million in the prior year .
• Income before income taxes and non-controlling interests: This metric improved by 108% to $0.356 million, up from -$4.529 million in the first quarter of 2025 .
• Net Loss Attributable to Altisource: The net loss attributable to Altisource was -$0.635 million, an 88% improvement compared to -$5.344 million in the first quarter of 2025 .
• Adjusted Net Income Attributable to Altisource: This figure was $2.136 million, a significant improvement from -$0.144 million in the first quarter of 2025 .
• Adjusted EBITDA: Adjusted EBITDA for the quarter was $4.449 million, representing a -15% decrease from $5.262 million in the first quarter of 2025. The Adjusted EBITDA margin was 10%, lower than the 13% reported in the same quarter of 2025, largely due to revenue mix .

Cash Flow

• Cash provided by operating activities: Cash provided by operating activities was $4.453 million, a 190% improvement compared to -$4.972 million in the first quarter of 2025 .
• Net cash provided by operating activities less additions to premises and equipment: This metric was $4.315 million, an improvement of 186% from -$4.997 million in the prior year .
• Cash and Cash Equivalents: The company ended the quarter with $30.3 million in cash and cash equivalents .

Balance Sheet

• Net Debt: As of March 31, 2026, net debt was $140.920 million .

Segment Performance

• Origination Segment: The Origination segment’s service revenue grew by 71% and Adjusted EBITDA increased by 166% compared to the first quarter of 2025, driven by sales wins and a stronger origination market .
• Business Segments Adjusted EBITDA (Servicer and Real Estate and Origination segments): This combined metric was $12.0 million, or 26.7% of Service revenue, compared to $12.5 million, or 30.5% of Service revenue, in the same quarter of 2025, primarily due to a change in revenue mix .

Operational Metrics

• Hubzu Inventory: Total Hubzu inventory reached 17,200 homes by the end of the first quarter of 2026, more than tripling since September 30, 2025. Specifically, Foreclosure Auction Inventory was 14.0 thousand, REO Inventory - Customers other than Rithm was 2.3 thousand, and REO Inventory - Rithm was 0.9 thousand as of March 31, 2026 .
• Sales Wins: Estimated potential annualized service revenue from sales wins was $12.4 million for the Servicer and Real Estate segment and $4.7 million for the Origination segment .
• Sales Pipeline: The weighted average sales pipeline was between $25.7 million and $32.1 million in potential estimated annual revenue, with $10.4 million to $13.0 million in the Servicer and Real Estate segment and $15.3 million to $19.1 million in the Origination segment .
• Industry Trends: Industrywide foreclosure initiations were 5% higher for the two months ended February 28, 2026, compared to the same period in 2025. Industrywide foreclosure sales increased by 27% for the same period. Industrywide mortgage origination volume grew by 42% for the three months ended March 31, 2026, compared to the same period in 2025, comprising a 19% increase in purchase origination and a 91% increase in refinancing origination .

Outlook / Guidance

ALTISOURCE PORTFOLIO SOLUTIONS S.A. reports a strong start to 2026, with growth driven by sales wins and reduced debt-related interest and transaction costs. Strength is observed across both the Origination and Servicer and Real Estate business segments .