Filing Flows › Onity Group (ONIT) › Q1 2025
Onity Group (ONIT) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Onity Group (ONIT) reported revenue of $250M for the first quarter 2025 (Q1 2025), +4% from a year earlier and +11% from the quarter before. Operating margin was 52.0%, net earnings $22.1M (8.8% of revenue).
Onity Group, Q1 2025: revenue $250M (+4% year over year), operating margin 52.0%, net earnings $22.1M, operating cash flow −$148M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $250M | +11% | +4% |
| Operating profit | $130M | +19% | -4% |
| Net earnings | $22.1M | — | -27% |
| Operating cash flow | −$148M | — | — |
What changed
Revenue was $249.8M in Q1 2025, up 4% year over year and up 11% from the previous quarter.
Operating profit was $129.9M, a 52.0% margin (down 4.3 points year over year). Operating profit fell $4.8M even though revenue rose $10.7M versus a year earlier, so costs grew faster than sales. Total costs grew 15% against revenue growth of 4%. Net earnings were $22.1M, down 27% year over year. The tax line was a benefit of $13.0M on pre-tax earnings of $9.1M.
Operating cash flow was −$148.1M. Non-cash charges added back $1.2M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $173.5M. Capital expenditures of $300K exceeded it, leaving free cash flow of −$148.4M.
Questions
What was Onity Group's revenue in the first quarter 2025?
Onity Group (ONIT) reported revenue of $250M for the first quarter 2025 (Q1 2025), +4% from a year earlier and +11% from the quarter before.
Was Onity Group profitable in the first quarter 2025?
Operating profit was $130M (52.0% of revenue) and net earnings $22.1M.
Source: Onity Group 10-Q on SEC EDGAR.