v3.26.1
SEGMENT REPORTING
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
Our business segments are based upon our organizational structure, which focuses primarily on the services offered, and are consistent with the internal reporting used by our Chief Executive Officer (our chief operating decision maker) to evaluate operating performance and to assess the allocation of our resources.
We conduct our operations through two reportable segments: Servicer and Real Estate and Origination. In addition, we report Corporate and Others separately.
The Servicer and Real Estate segment provides loan servicers and real estate investors with solutions and technologies that span the mortgage and real estate lifecycle. The Origination segment provides originators with solutions and technologies that span the mortgage origination lifecycle. Corporate and Others includes interest expense and costs related to corporate functions including executive, infrastructure and certain technology groups, finance, law, compliance, human resources, vendor management, facilities, risk management, and eliminations between reportable segments.
Income (loss) before income taxes and non-controlling interests is the measure of segment profit and loss that is determined in accordance with the measurement principles used in measuring the corresponding amounts in the consolidated financial statements and used by the chief operating decision maker to evaluate segment results.
Financial Information
Financial information for our segments is as follows:
Three months ended June 30, 2026
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Revenue$36,165 $14,498 $— $50,663 
Cost of revenue23,302 12,856 1,685 37,843 
Gross profit (loss)12,863 1,642 (1,685)12,820 
Selling, general and administrative expenses
1,506 1,850 8,333 11,689 
Income (loss) from operations11,357 (208)(10,018)1,131 
Other income (expense), net:
Interest expense(1)(6)(2,122)(2,129)
Gain on early extinguishment of debt— — 696 696 
Other, net
148 — 111 259 
Total other income (expense), net147 (6)(1,315)(1,174)
Income (loss) before income taxes and non-controlling interests$11,504 $(214)$(11,333)$(43)
 Three months ended June 30, 2025
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Revenue$34,198 $9,090 $— $43,288 
Cost of revenue21,886 6,779 1,596 30,261 
Gross profit (loss)12,312 2,311 (1,596)13,027 
Selling, general and administrative expenses
1,023 1,758 7,015 9,796 
Income (loss) from operations11,289 553 (8,611)3,231 
Other income (expense), net:
Interest expense(34)— (2,581)(2,615)
Debt amendment costs— — (472)(472)
Other, net
16 — 27 43 
Total other income (expense), net(18)— (3,026)(3,044)
Income (loss) before income taxes and non-controlling interests$11,271 $553 $(11,637)$187 
Six months ended June 30, 2026
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Revenue$69,802 $28,445 $— $98,247 
Cost of revenue44,831 24,200 3,285 72,316 
Gross profit (loss)24,971 4,245 (3,285)25,931 
Selling, general and administrative expenses
4,049 3,752 15,274 23,075 
Income (loss) from operations20,922 493 (18,559)2,856 
Other income (expense), net:
Interest expense(1)(14)(4,223)(4,238)
Gain on early extinguishment of debt— — 696 696 
Other, net
381 — 618 999 
Total other income (expense), net380 (14)(2,909)(2,543)
Income (loss) before income taxes and non-controlling interests$21,302 $479 $(21,468)$313 
 
Six months ended June 30, 2025
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Revenue$69,355 $17,372 $— $86,727 
Cost of revenue43,747 13,469 3,159 60,375 
Gross profit (loss) 25,608 3,903 (3,159)26,352 
Selling, general and administrative expenses
3,363 3,423 13,090 19,876 
Income (loss) from operations22,245 480 (16,249)6,476 
Other income (expense), net:
Interest expense(67)— (7,486)(7,553)
Debt amendment costs— — (3,452)(3,452)
Other, net
22 — 165 187 
Total other income (expense), net(45)— (10,773)(10,818)
Income (loss) before income taxes and non-controlling interests$22,200 $480 $(27,022)$(4,342)

Total Assets
Total assets for our segments are as follows:
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Total assets:
June 30, 2026$59,609 $46,039 $30,840 $136,488 
December 31, 202556,545 47,271 35,985 139,801