Altisource Q2 service revenue up 19%; net loss of $0.6 million vs. prior-year profit
Altisource reported second-quarter 2026 results for the period ended June 30, 2026. Service revenue rose 19% to $48.7 million, but the company swung to a net loss attributable to Altisource of $0.6 million, compared with a $16.6 million profit a year earlier that included an $18.5 million tax benefit. Adjusted EBITDA fell 18% to $4.4 million, so shareholders see higher revenue alongside weaker profit measures.
Key points
- Service revenue was $48.7 million, up $7.9 million or 19% from the second quarter of 2025.
- Diluted loss per share was $(0.05), compared with diluted earnings per share of $1.48 a year earlier, which included an $18.5 million income tax benefit.
- Adjusted EBITDA was $4.4 million, 18% lower than the prior year, and the Adjusted EBITDA margin was 9% versus 13%.
- Cash used in operating activities was $6.6 million, and the company ended the quarter with $23.2 million of cash and cash equivalents.
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 July 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.