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NewtekOne, Inc. NEWT Alternative Lending — Technology expense

Other segment segments

Banking
$1.42M+19.1%
NSBF
$278K-1.8%
Payments
$99K-44.7%

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SOFILending — Intercompany Technology Platform Expense
$612K+25.2%
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WSBCEquipment And Software Expense
$15.68M+20.1%
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SOFILending — Tools and Subscriptions Expense
$0
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ENVADirect Operations And Technology Expense
$75.75M+21.3%

Other financials

Income statement

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Net income$13.4M+43.1%
EPS (diluted)$0.43+22.9%

Balance sheet

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Cash & equivalents$5.2M-48.8%
Total debt$553.2M-29.1%
Total equity$404.7M+33.9%
Total assets$2.9B+35.1%

Cash flow

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Operating cash flow-$257.5M-324%
CapEx$89.0K+141%
Free cash flow-$257.5M-324%

Valuation

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Market cap$416.43M+52.3%
Enterprise value$964.44M-7.6%
P/E6.5×+1.0×

Returns & leverage

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Return on equity18.3%+0.1pp
Debt / equity1.4×-1.2×

Where this comes from

Reported directly by NewtekOne, Inc. in its filing.

Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.

The official record: NewtekOne, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NewtekOne, Inc.'s alternative lending — technology expense?
NewtekOne, Inc. (NEWT) reported alternative lending — technology expense of $477K in Q1 2026.
How has NewtekOne, Inc.'s alternative lending — technology expense changed year-over-year?
NewtekOne, Inc.'s alternative lending — technology expense decreased by 25.2% year-over-year, from $638K to $477K.
What does alternative lending — technology expense mean?
Represents the costs incurred by the alternative lending segment for software, hardware, and IT infrastructure maintenance. This metric reflects the investment in digital tools required to support automated loan origination and prospect management processes.