v3.26.3
SEGMENT REPORTING
 9 Months Ended
Sep. 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 September 30, 2026
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Revenue$37,770 $14,150 $— $51,920 
Cost of revenue26,062 12,006 1,728 39,796 
Gross profit (loss)11,708 2,144 (1,728)12,124 
Selling, general and administrative expenses
2,624 1,993 6,743 11,360 
Income (loss) from operations9,084 151 (8,471)764 
Other income (expense), net:
Interest expense(1)(7)(2,149)(2,157)
Gain on early extinguishment of debt— — 312 312 
Other, net
89 — (1)88 
Total other income (expense), net88 (7)(1,838)(1,757)
Income (loss) before income taxes and non-controlling interests$9,172 $144 $(10,309)$(993)
 Three months ended September 30, 2025
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Revenue$33,242 $8,666 $— $41,908 
Cost of revenue21,977 6,984 1,600 30,561 
Gross profit (loss)11,265 1,682 (1,600)11,347 
Selling, general and administrative expenses
2,344 2,040 6,442 10,826 
Income (loss) from operations8,921 (358)(8,042)521 
Other income (expense), net:
Interest expense(30)— (2,338)(2,368)
Debt amendment costs— — (194)(194)
Other, net
83 — 293 376 
Total other income (expense), net53 — (2,239)(2,186)
Income (loss) before income taxes and non-controlling interests$8,974 $(358)$(10,281)$(1,665)
Nine months ended September 30, 2026
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Revenue$107,572 $42,595 $— $150,167 
Cost of revenue70,893 36,206 5,013 112,112 
Gross profit (loss)36,679 6,389 (5,013)38,055 
Selling, general and administrative expenses
6,673 5,745 22,017 34,435 
Income (loss) from operations30,006 644 (27,030)3,620 
Other income (expense), net:
Interest expense(2)(21)(6,372)(6,395)
Gain on early extinguishment of debt— — 1,008 1,008 
Other, net
470 — 617 1,087 
Total other income (expense), net468 (21)(4,747)(4,300)
Income (loss) before income taxes and non-controlling interests$30,474 $623 $(31,777)$(680)
Nine months ended September 30, 2025
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Revenue$102,597 $26,038 $— $128,635 
Cost of revenue65,724 20,453 4,759 90,936 
Gross profit (loss) 36,873 5,585 (4,759)37,699 
Selling, general and administrative expenses
5,707 5,463 19,532 30,702 
Income (loss) from operations31,166 122 (24,291)6,997 
Other income (expense), net:
Interest expense(97)— (9,824)(9,921)
Debt amendment costs— — (3,646)(3,646)
Other, net
105 — 458 563 
Total other income (expense), net8 — (13,012)(13,004)
Income (loss) before income taxes and non-controlling interests$31,174 $122 $(37,303)$(6,007)

Total Assets
Total assets for our segments are as follows:
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Total assets:
September 30, 2026$59,334 $44,737 $32,642 $136,713 
December 31, 202556,545 47,271 35,985 139,801