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NewtekOne, Inc. NEWT Payments — Technology expense
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Where this comes from
Reported directly by NewtekOne, Inc. in its filing.
Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.
The source filing: NewtekOne, Inc.’s 10-Q, filed May 8, 2026.
- Filed
- May 8, 2026, 4:02 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001587987-26-000004
| Line item | Banking / Segment | Banking / Elim | Alternative Lending / Segment | Alternative Lending / Elim | NSBF / Segment | NSBF / Elim | Payments / Segment | Payments / Elim | Corporate & Other / Segment | Consolidated |
|---|---|---|---|---|---|---|---|---|---|---|
| Electronic payment processing expense | — | — | — | — | — | — | 4,448 | (341) | 14 | 4,121 |
| Professional services expense | 736 | — | 115 | — | 307 | — | 102 | — | 1,343 | 2,603 |
| Other loan origination and maintenance expense | 8,124 | (3,943) | 882 | (522) | 3,642 | (1,968) | — | — | 31 | 6,227 |
| Technology expense | 1,421 | — | 477 | — | 278 | — | 99 | — | 678 | 2,953 |
| Other general and administrative costs | 3,333 | (929) | 78 | — | 1,607 | — | 384 | (72) | 245 | 5,263 |
| Income before taxes | 27,738 | (223) | 8,458 | 790 | (7,470) | 1,971 | 3,634 | (1,373) | (9,723) | 17,086 |
| Income tax expense (benefit) | 7,534 | (7,534) | — | — | — | — | — | — | (3,849) | 3,685 |
| Net income | $20,204 | $7,311 | $8,458 | $790 | $(7,470) | $1,971 | $3,634 | $(1,373) | $(5,874) | $$13,401 |
ITEM 1. FINANCIAL STATEMENTS.
FAQ
- 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.
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