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PennyMac Financial Services, Inc. PFSI Non-cash impairment related to capitalized software development costs
Non-cash impairment related to capitalized software development costs at other companies
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Where this comes from
Reported directly by PennyMac Financial Services, Inc. in its filing.
Tagged under the XBRL concept us-gaap:CapitalizedComputerSoftwareImpairments1.
The source filing: PennyMac Financial Services, Inc.’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 4:42 PM EDT
- Fiscal quarter
- Q4 FY2026
- Calendar quarter
- Q4 2026
- Accession
- 0001104659-26-055690
| Line item | Quarter ended March 31, 2026 | Quarter ended March 31, 2025 |
|---|---|---|
| Stock-based compensation expense | 2,447 | 11,084 |
| Provision for servicing advance losses | 19,962 | 4,184 |
| Depreciation and amortization | 13,510 | 13,896 |
| Impairment of capitalized software | 317 | — |
| Amortization of operating lease right-of-use assets | 4,227 | 3,405 |
| Purchase of loans held for sale from non-affiliates | (27,031,441) | (815,720) |
| Origination of loans held for sale | (10,510,064) | (5,084,079) |
| Purchase of loans held for sale from PennyMac Mortgage Investment Trust | — | (20,437,666) |
Item 1. Financial Statements (Unaudited):
FAQ
- What is PennyMac Financial Services, Inc.'s non-cash impairment related to capitalized software development costs?
- PennyMac Financial Services, Inc. (PFSI) reported non-cash impairment related to capitalized software development costs of $317K in Q1 2026.
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