What does originations — technology and communications mean?

This metric measures the costs related to the technology infrastructure, software, and communication systems required to support the originations business. It reflects the company's investment in digital lending platforms and the efficiency of its technological backbone.

Onity Group (ONIT) Originations — Technology and communications

Screener

Other segment segments

Lending

$9.5M+30.1%

Servicing

$8.3M+12.2%

Corporate Segment and Other Operating Segment

$6.4M+16.4%

Similar metrics at other companies

ALLYInsurance operations — Technology and communications

$4M-20.0%

TWReportable Segment — Technology and communications

$41.98M+38.9%

JEFAsset Management — Technology and communications

$16.7M+22.8%

ALLYCorporate Finance operations — Technology and communications

$1M0.0%

ALLYAutomotive Finance operations — Technology and communications

$28M-3.4%

JEFInvestment Banking and Capital Markets — Technology and communications

$146.2M+10.3%

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$323.49M+2.8%

Enterprise value$2.34B+0.8%

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:CommunicationsAndInformationTechnology.

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 Operations	Financial information for our segments prepared under GAAP is as follows: / Three Months Ended March 31, 2026 / Servicing	Financial information for our segments prepared under GAAP is as follows: / Three Months Ended March 31, 2026 / Originations	Three Months Ended March 31, 2026 / Corporate	Business Segments Consolidated
Operating expenses
Compensation and benefits	23.2	20.8	25.7	69.7
Servicing and origination	15.2	3.3	—	18.5
Technology and communications	8.3	2.8	6.4	17.5
Professional services	7.3	0.6	6.9	14.8
Occupancy, equipment and mailing	7.2	0.8	0.5	8.5
Corporate overhead allocations	14.7	5.2	(19.9)	—
Other expenses	0.2	1.5	1.4	3.1

ITEM 1. UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Onity Group's originations — technology and communications?: Onity Group (ONIT) reported originations — technology and communications of $2.8M in Q1 2026.
How has Onity Group's originations — technology and communications changed year-over-year?: Onity Group's originations — technology and communications increased by 33.3% year-over-year, from $2.1M to $2.8M.
What does originations — technology and communications mean?: This metric measures the costs related to the technology infrastructure, software, and communication systems required to support the originations business. It reflects the company's investment in digital lending platforms and the efficiency of its technological backbone.