Filing Flows › Altisource Portfolio Solutions S.A. (ASPS) › Q4 2025
Altisource Portfolio Solutions S.A. (ASPS) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 4, 2026
Altisource Portfolio Solutions S.A. (ASPS) reported revenue of $42.3M for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and +1% from the quarter before. Operating margin was -15.5%, net loss $7.1M (16.8% of revenue).
Altisource Portfolio Solutions S.A., Q4 2025: revenue $42.3M (+3% year over year), operating margin -15.5%, net loss $7.1M, operating cash flow −$505K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $42.3M | +1% | +3% |
| Operating profit | −$6.6M | -1363% | — |
| Net earnings | −$7.1M | — | — |
| Operating cash flow | −$505K | -170% | — |
What changed
Revenue was $42.3M in Q4 2025, up 3% year over year and up 1% from the previous quarter. Service revenue was the largest line at 94% of revenue.
Gross margin was 26.5%, down 3.8 points from a year earlier. Operating costs exceeded revenue by $6.6M, an operating margin of -15.5%. Operating expenses grew 50% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+997%). The quarter ended with a net loss of $7.1M, wider than the previous quarter's $2.3M loss.
Operating cash flow was −$505K. Non-cash charges added back $1.4M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $3.9M. Capital expenditures of $20K exceeded it, leaving free cash flow of −$525K.
Questions
What was Altisource Portfolio Solutions S.A.'s revenue in the fourth quarter 2025?
Altisource Portfolio Solutions S.A.
Was Altisource Portfolio Solutions S.A. profitable in the fourth quarter 2025?
Operating loss was $6.6M (-15.5% of revenue) and net loss $7.1M.
Source: Altisource Portfolio Solutions S.A. 10-K on SEC EDGAR.