The significant improvement in profitability and cash flow, coupled with strong growth in the Origination segment, suggests a positive inflection point. Traders should monitor the sustainability of the revenue mix shift and the impact of sales wins on future quarters.
Price Chart
Executive Summary
Altisource reported first-quarter 2026 revenue of $45.1 million, a 10% year-over-year increase, driven by sales wins and a stronger origination market. The company returned to pretax profitability with $0.4 million in income before taxes, a $4.9 million improvement, and generated $4.5 million in operating cash flow. Despite a 15% decline in Adjusted EBITDA, management highlighted strong sales momentum and inventory growth.
Key Financial Metrics
Key Facts
- First-quarter 2026 Service revenue was $45.1 million, up 10% YoY.
- Income before income taxes and non-controlling interests was $0.4 million, a $4.9 million improvement YoY.
- Adjusted EBITDA was $4.4 million, down 15% YoY.
- Cash provided by operating activities was $4.5 million, a $9.4 million improvement YoY.
- The Origination segment saw Service revenue grow 71% and Adjusted EBITDA increase 166% YoY.
Financial Impact
$45.1 million in revenue, $0.4 million in pretax income, $4.5 million in operating cash flow
Risk Factors
- Adjusted EBITDA declined 15% year-over-year.
- Adjusted EBITDA margin decreased to 10% from 13% in the prior year quarter.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001462418-26-000032 |
| Document: asps-20260423.htm | 0001462418-26-000032 |
| Document: 0001462418-26-000032-index-headers.html | 0001462418-26-000032 |
| Document: 0001462418-26-000032-index.html | 0001462418-26-000032 |
| Document: 0001462418-26-000032.txt | 0001462418-26-000032 |
| 8-K Data (Synthetic) | 0001462418-26-000032 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Apr 23, 2026 26w ago | 8-K | $0.3900 $0.3821 | ▼ −2.03% | ▼ −7.04% | — |
Apr 7, 2026 29w ago | DEFA14A | $0.3900 $0.4199 | ▲ +7.67% | ▼ −5.60% | — |
US Market Status
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