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Onity Group ONIT Originations — Interest Expense

Other segment segments

Servicing
$58.5M+22.1%
Corporate Segment and Other Operating Segment
$5.6M-12.5%

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Other financials

Income statement

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Revenue$294.3M+17.8%
Net income$7.6M-65.6%
EPS (diluted)$0.74-70.4%

Balance sheet

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Cash & equivalents$182.5M+2.5%
Total debt$2.2B+38.8%
Total equity$629.2M+36.7%
Total assets$17.7B+9.1%

Cash flow

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Operating cash flow-$1.6B-974%
CapEx$100.0K-66.7%
Free cash flow-$1.6B-971%

Valuation

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Market cap$332.14M+5.5%
Enterprise value$2.35B+1.1%
P/E1.9×
P/S0.3×0.0×

Profitability

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Net margin15.7%
FCF margin-97.9%-126pp

Returns & leverage

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Return on equity32.1%
Debt / equity3.5×+0.1×

Where this comes from

Reported directly by Onity Group in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.

The source filing: Onity Group’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 5:30 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030753
Financial information for our segments prepared under GAAP is as follows: / Results of OperationsFinancial information for our segments prepared under GAAP is as follows: / Three Months Ended March 31, 2026 / ServicingFinancial information for our segments prepared under GAAP is as follows: / Three Months Ended March 31, 2026 / OriginationsThree Months Ended March 31, 2026 / CorporateBusiness Segments Consolidated
Operating expenses76.135.021.0132.2
Other income (expense):
Interest income18.021.81.241.0
Interest expense(58.5)(18.6)(5.6)(82.7)
Pledged MSR liability expense(42.6)(42.6)
Other, net(0.6)(0.4)0.1(0.9)
Other income (expense), net(83.7)2.8(4.3)(85.2)
Income (loss) before income taxes$33.2$(25.2)$7.9

ITEM 1. UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Onity Group's originations — interest expense?
Onity Group (ONIT) reported originations — interest expense of $18.6M in Q1 2026.
How has Onity Group's originations — interest expense changed year-over-year?
Onity Group's originations — interest expense increased by 46.5% year-over-year, from $12.7M to $18.6M.
What does originations — interest expense mean?
Represents the cost of borrowing funds used to finance the mortgage origination segment's loan production activities, typically through warehouse lines of credit. This metric tracks the interest paid on debt obligations required to hold loans until they are sold in the secondary market. High interest expenses relative to volume can indicate inefficient capital utilization or unfavorable financing terms.

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