earnings
confidence high
sentiment neutral
materiality 0.65
Altisource Q2 service revenue up 19% to $48.7M; net loss $0.6M, adjusted EBITDA $4.4M
ALTISOURCE PORTFOLIO SOLUTIONS S.A.
2026-Q2 EPS reported
-$0.11
revenue$98,247,000
- Service revenue $48.7M (+19% YoY); gross profit margin 26% vs 32% in Q2 2025.
- Net loss attributable to Altisource $0.6M vs $16.6M income in Q2 2025 (prior year had $18.5M tax benefit).
- Adjusted EBITDA $4.4M (9% margin) vs $5.4M (13% margin) in Q2 2025; down 18% YoY.
- Repurchased $2.0M of debt at 23.7% discount, recognizing $0.7M gain on extinguishment.
- Hubzu inventory grew 30% from Q1 2026; sales wins estimated $12.3M annualized revenue.