Filing Flows › Finance of America Companies (FOA) › Q3 2025
Finance of America Companies (FOA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
Finance of America Companies (FOA) reported revenue of $80.8M for the third quarter 2025 (Q3 2025), -72% from a year earlier and -54% from the quarter before. Operating margin was -36.8%, net loss $29.9M (36.9% of revenue).
Finance of America Companies, Q3 2025: revenue $80.8M (-72% year over year), operating margin -36.8%, net loss $29.9M, operating cash flow −$150M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $80.8M | -54% | -72% |
| Operating profit | −$29.7M | -136% | — |
| Net earnings | −$29.9M | -185% | — |
| Operating cash flow | −$150M | — | — |
What changed
Revenue was $80.8M in Q3 2025, down 72% year over year and down 54% from the previous quarter.
Operating costs exceeded revenue by $29.7M, an operating margin of -36.8%. Total costs grew 35% against a revenue fall of 72%. The fastest-growing cost line was Other operating costs (+51%). The quarter ended with a net loss of $29.9M, after a profit of $79.8M the previous quarter. Minority interests bore $20.3M of it: to shareholders the quarter was a loss of $9.5M.
Operating cash flow was −$149.7M. Non-cash charges added back $9.6M of depreciation and amortization. Working capital and other items used $129.5M.
Questions
What was Finance of America Companies' revenue in the third quarter 2025?
Finance of America Companies (FOA) reported revenue of $80.8M for the third quarter 2025 (Q3 2025), -72% from a year earlier and -54% from the quarter before.
Was Finance of America Companies profitable in the third quarter 2025?
Operating loss was $29.7M (-36.8% of revenue) and net loss $29.9M.