Altisource Q1 2026 service revenue rises 10% and net loss narrows to $0.6 million
Altisource Portfolio Solutions reported first quarter 2026 results on April 23, 2026. Service revenue rose 10% to $45.1 million, and the net loss attributable to Altisource narrowed to $0.6 million from $5.3 million a year earlier, lifting diluted loss per share to $(0.06) from $(0.74). Adjusted EBITDA fell 15% to $4.4 million, and the company did not provide guidance in the filing.
Key points
- Service revenue was $45.1 million, up $4.2 million, or 10%, from the first quarter of 2025.
- Net loss attributable to Altisource was $0.6 million, compared with $5.3 million a year earlier; diluted loss per share was $(0.06), compared with $(0.74).
- Adjusted EBITDA was $4.4 million, down 15%, and the margin was 10%, compared with 13% a year earlier, which the company attributed largely to revenue mix.
- Cash provided by operating activities was $4.5 million, compared with cash used of $5.0 million a year earlier; cash and cash equivalents ended the quarter at $30.3 million.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.