Revenue: As of FY2025, the actual value is USD 170.98 M.

EPS: As of FY2025, the actual value is USD 0.15.

EBIT: As of FY2025, the actual value is USD 11.53 M.

Full Year 2025 Financial Performance

Revenue and Profitability

• Service Revenue: $161.3 million, a 7% increase from 2024. Total revenue was $170.975 million, a 7% increase from 2024.
• Gross Profit: $48.910 million, a 1% decrease from $49.529 million in 2024.
• Gross Profit Margin: 30% of service revenue, down from 33% in 2024.
• Income from Operations: $0.417 million, an 87% decrease from $3.224 million in 2024.
• Adjusted Operating Income: $17.088 million, a 15% increase from $14.821 million in 2024.
• Loss before Income Taxes and Non-controlling Interests: - $14.146 million, an improvement of $18.7 million compared to 2024, including - $3.6 million in Debt Exchange Transaction expenses and - $7.5 million of loss from litigation settlement and related defense costs.
• Net Income Attributable to Altisource: $1.615 million, a $37.3 million improvement compared to - $35.636 million in 2024, including a $17.7 million income tax benefit.

Operational Costs and Expenses

• Cost of Revenue: $122.065 million.
• Selling, General and Administrative Expenses: $40.976 million.
• Litigation Settlement Loss: $7.517 million.
• Interest Expense: - $12.173 million.
• Debt Exchange Transaction Expenses: - $3.646 million.

Adjusted Earnings

• Adjusted EBITDA: $18.311 million, a 5% increase from $17.387 million in 2024.
• Adjusted EBITDA Margin: 11% of service revenue, down from 12% in 2024.
• Business Segments Adjusted EBITDA: $47.582 million, a 7% increase from $44.607 million in 2024.

Cash Flow and Liquidity

• Net Cash Used in Operating Activities: - $5.065 million, compared to - $5.025 million in 2024.
• Net Cash Used in Operating Activities Less Additions to Premises and Equipment: - $5.134 million, compared to - $5.028 million in 2024.
• Cash and Cash Equivalents: $26.603 million at year-end.
• Net Debt: $144.963 million as of December 31, 2025.

Fourth Quarter 2025 Financial Performance

Revenue and Profitability

• Service Revenue: $39.909 million, a 4% increase from $38.450 million in Q4 2024.
• Gross Profit: $11.211 million, a 10% decrease from $12.438 million in Q4 2024.
• Gross Profit Margin: 28% of service revenue, down from 32% in Q4 2024.
• Loss from Operations: - $6.580 million, compared to $0.584 million income in Q4 2024.
• Adjusted Operating Income: $3.791 million, a 10% decrease from $4.234 million in Q4 2024.
• Loss before Income Taxes and Non-controlling Interests: - $8.139 million, a 3% improvement compared to - $8.373 million in Q4 2024.
• Net Loss Attributable to Altisource: - $7.227 million, an 18% improvement compared to - $8.769 million in Q4 2024.

Operational Costs and Expenses

• Cost of Revenue: $31.129 million.
• Selling, General and Administrative Expenses: $10.274 million.
• Litigation Settlement Loss: $7.517 million.
• Interest Expense: - $2.252 million.

Adjusted Earnings

• Adjusted EBITDA: $4.046 million, a 15% decrease from $4.747 million in Q4 2024.
• Adjusted EBITDA Margin: 10% of service revenue, down from 12% in Q4 2024.

Cash Flow

• Net Cash Used in Operating Activities: - $0.505 million, a 64% improvement from - $1.401 million in Q4 2024.
• Net Cash Used in Operating Activities Less Additions to Premises and Equipment: - $0.525 million, a 63% improvement from - $1.401 million in Q4 2024.

Unique Operational Metrics

• Sales Wins: Fourth quarter sales wins are estimated to generate $13.2 million in stabilized annual revenue. Full year sales wins represent potential annualized service revenue of $20.6 million for the Servicer and Real Estate segment and $20.9 million for the Origination segment.
• Hubzu Inventory: As of February 15, 2026, Foreclosure Auction Inventory increased by 154% to 10.1 (from 4.0 on September 30, 2025), REO Inventory - Customers other than Rithm increased by 230% to 2.4 (from 0.7), and Total Hubzu Inventory increased by 137% to 13.5 (from 5.7).
• Sales Pipeline: Ended the quarter with a weighted average sales pipeline between $30.4 million and $38.0 million of potential estimated annual revenue on a stabilized basis.
• Industry Trends: Industrywide foreclosure initiations were 25% higher in 2025 compared to 2024, and industrywide foreclosure sales were 17% higher. Industrywide mortgage origination unit volume increased by 19% in 2025 compared to 2024, driven by a 92% increase in refinance origination despite a 2% decline in purchase origination.

Outlook / Guidance

Altisource Portfolio Solutions S.A. forecasts 2026 Service revenue to be between $165 million and $185 million, representing 8.5% growth over 2025 at the midpoint. The company expects Adjusted EBITDA to be between $15 million and $20 million. Furthermore, Altisource anticipates positive operating cash flow for 2026.