Filing Flows › Altisource Portfolio Solutions S.A. (ASPS) › Q3 2025
Altisource Portfolio Solutions S.A. (ASPS) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 23, 2025
Altisource Portfolio Solutions S.A. (ASPS) reported revenue of $41.9M for the third quarter 2025 (Q3 2025), +3% from a year earlier and -3% from the quarter before. Operating margin was 1.2%, net loss $2.3M (5.5% of revenue).
Altisource Portfolio Solutions S.A., Q3 2025: revenue $41.9M (+3% year over year), operating margin 1.2%, net loss $2.3M, operating cash flow $718K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $41.9M | -3% | +3% |
| Operating profit | $521K | -84% | — |
| Net earnings | −$2.3M | -114% | — |
| Operating cash flow | $718K | — | — |
| Free cash flow | $697K | — | — |
What changed
Revenue was $41.9M in Q3 2025, up 3% year over year and down 3% from the previous quarter. Service revenue was the largest line at 95% of revenue. Service revenue added $1.5M year over year (up 4%), 110% of the total change. Reimbursable expenses declined 6%.
Gross margin was 27.1%, down 2.7 points from a year earlier. Operating profit was $521K, a 1.2% margin (down 1.5 points year over year). Operating profit fell $584K even though revenue rose $1.4M versus a year earlier, so costs grew faster than sales. Operating expenses fell 1% while revenue rose 3%. The quarter ended with a net loss of $2.3M, after a profit of $16.7M the previous quarter. Net interest and other expense of $2.2M was the main reason.
Operating cash flow was $718K. Non-cash charges added back $1.4M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $365K. Capital expenditures of $21K left free cash flow of $697K.
Questions
What was Altisource Portfolio Solutions S.A.'s revenue in the third quarter 2025?
Altisource Portfolio Solutions S.A.
Was Altisource Portfolio Solutions S.A. profitable in the third quarter 2025?
Operating profit was $521K (1.2% of revenue) and net loss $2.3M.
Source: Altisource Portfolio Solutions S.A. 10-Q on SEC EDGAR.