ONITY GROUP INC.ONITEarnings & Financial Report
Onity Group, formerly Ocwen, is a provider of residential and commercial mortgage loan servicing, special servicing, and asset management services, which has been described as "debt collectors, collecting monthly principal and interest from homeowners". Ocwen was founded in 1988 and is headquartered in West Palm Beach, Florida, with additional offices in Mount Laurel, NJ, Rancho Cordova, California, and St. Croix, U.S. Virgin Islands. It also has support operations in the Philippines and Indi...
Revenue
$265.7M
Gross Profit
N/A
Operating Profit
$27.6M
Net Profit
$21.4M
Gross Margin
N/A
Operating Margin
10.4%
Net Margin
8.1%
YoY Growth
4.0%
EPS
$2.65
ONITY GROUP INC. Q3 FY2024 Financial Summary
ONITY GROUP INC. reported revenue of $265.7M (up 4.0% YoY) for Q3 FY2024, with a net profit of $21.4M (up 151.8% YoY) (8.1% margin).
Key Financial Metrics
| Total Revenue | $265.7M |
|---|---|
| Net Profit | $21.4M |
| Gross Margin | N/A |
| Operating Margin | 10.4% |
| Report Period | Q3 FY2024 |
ONITY GROUP INC. Annual Revenue by Year
ONITY GROUP INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.1B |
| 2024 | $976.0M |
| 2023 | $1.1B |
| 2022 | $953.9M |
ONITY GROUP INC. Quarterly Revenue & Net Profit History
ONITY GROUP INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $290.0M | +29.0% | $127.2M | 43.9% |
| Q3 FY2025 | $280.3M | +5.5% | $18.7M | 6.7% |
| Q2 FY2025 | $246.6M | +0.1% | $21.5M | 8.7% |
| Q1 FY2025 | $249.8M | +4.5% | $22.1M | 8.8% |
| Q4 FY2024 | $224.8M | -19.0% | $-28.1M | -12.5% |
| Q3 FY2024 | $265.7M | +4.0% | $21.4M | 8.1% |
| Q2 FY2024 | $246.4M | -9.4% | $10.5M | 4.3% |
| Q1 FY2024 | $239.1M | -8.7% | $30.1M | 12.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $239.1M | $246.4M | $265.7M | $224.8M | $249.8M | $246.6M | $280.3M | $290.0M |
| YoY Growth | -8.7% | -9.4% | 4.0% | -19.0% | 4.5% | 0.1% | 5.5% | 29.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $13.09B | $13.08B | $13.23B | $16.44B | $16.26B | $16.53B | $16.11B | $16.17B |
| Liabilities | $12.66B | $12.64B | $12.76B | $15.94B | $15.75B | $16.00B | $15.56B | $15.49B |
| Equity | $432.1M | $446.2M | $468.2M | $442.9M | $460.2M | $481.9M | $501.4M | $627.9M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-297.1M | $-77.9M | $19.2M | $-573.8M | $-148.1M | $-598.8M | $229.5M | $-748.0M |