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NewtekOne, Inc. NEWT Payments — Technology expense

Other segment segments

Banking
$1.42M+19.1%
Alternative Lending
$477K-25.2%
NSBF
$278K-1.8%

Similar metrics at other companies

StoneX Group Inc. logo
SNEXPayments — Trading systems and market information
$200K-33.3%
TFI
TFINPayments — Communications and technology
$2.84M+14.9%
Phreesia logo
PHRTechnology Solutions Segment — Payment solutions expense
$25.68M+19.8%
Mastercard logo
MAPayment Solutions — Information Technology and Data Processing
$349M+19.5%
Scansource logo
SCSCSpecialty Technology Solutions — Payments
$0
FBR
FBRTPayments to Develop Software
$120K

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 payments — technology expense?
NewtekOne, Inc. (NEWT) reported payments — technology expense of $99K in Q1 2026.
How has NewtekOne, Inc.'s payments — technology expense changed year-over-year?
NewtekOne, Inc.'s payments — technology expense decreased by 44.7% year-over-year, from $179K to $99K.
What does payments — technology expense mean?
Captures the direct costs associated with maintaining, developing, and scaling the technology infrastructure that supports the payments business segment. This includes expenditures on software platforms, digital processing tools, and technical support systems essential for transaction processing. It serves as a key indicator of the company's investment in digital transformation and platform scalability.