Filing Flows › Onity Group (ONIT) › Q1 2026
Onity Group (ONIT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 5, 2026
Onity Group (ONIT) reported revenue of $294M for the first quarter 2026 (Q1 2026), +18% from a year earlier and +1% from the quarter before. Operating margin was 55.1%, net earnings $7.6M (2.6% of revenue).
Onity Group, Q1 2026: revenue $294M (+18% year over year), operating margin 55.1%, net earnings $7.6M, operating cash flow −$1.6B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $294M | +1% | +18% |
| Operating profit | $162M | +6% | +25% |
| Net earnings | $7.6M | -94% | -66% |
| Operating cash flow | −$1.6B | — | — |
What changed
Revenue was $294.3M in Q1 2026, up 18% year over year and up 1% from the previous quarter.
Operating profit was $162.1M, a 55.1% margin (up 3.1 points year over year). Of the extra revenue versus Q1 2025, 72% reached operating profit, above the 52% margin then. Total costs grew 10% against revenue growth of 18%. Net earnings were $7.6M, down 66% year over year. The effective tax rate was 3.8%.
Operating cash flow was −$1,589.9M. Non-cash charges added back $1.1M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items used $1,600.3M. Capital expenditures of $100K exceeded it, leaving free cash flow of −$1,590.0M.
Questions
What was Onity Group's revenue in the first quarter 2026?
Onity Group (ONIT) reported revenue of $294M for the first quarter 2026 (Q1 2026), +18% from a year earlier and +1% from the quarter before.
Was Onity Group profitable in the first quarter 2026?
Operating profit was $162M (55.1% of revenue) and net earnings $7.6M.
Source: Onity Group 10-Q on SEC EDGAR.