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Onity Group ONIT Servicing — Interest Expense

Other segment segments

Originations
$18.6M+46.5%
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 servicing — interest expense?
Onity Group (ONIT) reported servicing — interest expense of $58.5M in Q1 2026.
How has Onity Group's servicing — interest expense changed year-over-year?
Onity Group's servicing — interest expense increased by 22.1% year-over-year, from $47.9M to $58.5M.
What is the long-term trend for Onity Group's servicing — interest expense?
Over 4 years (2021 to 2025), Onity Group's servicing — interest expense has grown at a 27.2% compound annual growth rate (CAGR), from $80.8M to $211.7M.
What does servicing — interest expense mean?
The cost of financing the servicing segment's operations, including interest paid on debt facilities used to fund servicing advances or asset acquisitions. High levels of interest expense relative to revenue can indicate significant leverage or rising cost of capital.

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