Finance of America reports $110 million Q3 net loss; funded volume up 24%
Finance of America reported a third-quarter 2026 net loss of $110 million, or $5.24 per basic share, mainly due to $125 million in non-cash fair value changes. Funded volume rose 24% to $748 million, but total revenues were negative $58 million, compared with $81 million a year earlier, and adjusted EPS fell to $0.28 from $1.33.
Key points
- Net loss of $110 million, or $5.24 per basic share, for the quarter ended September 30, 2026, versus basic EPS of $0.10 in the prior quarter
- Total revenues were negative $58 million, compared with $81 million in Q3 2025
- Funded volume rose 24% year over year to $748 million; adjusted EPS was $0.28 versus $1.33 a year earlier
- Cash and cash equivalents rose $33 million to $118 million; the company expects to complete a $60 million senior secured notes paydown in November 2026
The filing
Written by AI on Nov 9, 2026, 11:43 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 November 03, 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.