Altisource Portfolio Financials
Altisource Portfolio (ASPS) reported $182.5M in revenue over the twelve months to Jun 30, 2026, up 8.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Gross-margin recovery is being absorbed by overhead and financing costs, leaving near-zero operating earnings and persistent cash outflow.
By FY2025, gross margin had reached28.6% , yet operating margin was only0.2% , showing that improved delivery economics are not flowing through the operating cost base. Net income of$1.9M coexisted with operating cash flow of-$5.1M , so the latest accounting profit did not convert into cash.
Liabilities exceeded assets in FY2025, leaving a balance sheet financed more by obligations than owned capital. Equity remained negative at
Liquidity improved from FY2024's 0.2x current ratio to 1.2x in FY2025, reducing the immediate mismatch between short-term assets and bills. However, free cash flow was
Financial Health Signals
Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Altisource Portfolio's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Altisource Portfolio, and counted as zero in the overall score.
Not available for Altisource Portfolio, and counted as zero in the overall score.
Altisource Portfolio scores -2.20, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($62.8M) relative to total liabilities ($250.0M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Altisource Portfolio passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Altisource Portfolio used $2.63 of operating cash (-$5.1M OCF vs $1.9M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Altisource Portfolio earns $0.03 in operating income for every $1 of interest expense ($417K vs $12.2M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Altisource Portfolio generated $171.0M in revenue in fiscal year 2025. This represents an increase of 6.8% from the prior year.
Altisource Portfolio's EBITDA was $6.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 34.2% from the prior year.
Altisource Portfolio reported $1.9M in net income in fiscal year 2025. This represents an increase of 105.4% from the prior year.
Cash & Balance Sheet
Altisource Portfolio recorded an outflow of $5.1M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 2.1% from the prior year.
Altisource Portfolio held $26.6M in cash against $189.9M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Altisource Portfolio's gross margin was 28.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.3 percentage points from the prior year.
Altisource Portfolio's operating margin was 0.2% in fiscal year 2025, reflecting core business profitability. This is down 1.8 percentage points from the prior year.
Altisource Portfolio's net profit margin was 1.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 23.3 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Altisource Portfolio invested $69K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 2200.0% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
ASPS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $50.7M+6.5% | $47.6M+12.4% | $42.3M+1.0% | $41.9M-3.2% | $43.3M-0.3% | $43.4M+5.9% | $41.0M+1.2% | $40.5M |
| Cost of Revenue | $37.8M+9.8% | $34.5M+10.7% | $31.1M+1.9% | $30.6M+1.0% | $30.3M+0.5% | $30.1M+5.4% | $28.6M+0.4% | $28.5M |
| Gross Profit | $12.8M-2.2% | $13.1M+16.9% | $11.2M-1.2% | $11.3M-12.9% | $13.0M-2.2% | $13.3M+7.1% | $12.4M+3.0% | $12.1M |
| SG&A Expenses | $11.7M+2.7% | $11.4M+10.8% | $10.3M-5.1% | $10.8M+10.5% | $9.8M-2.8% | $10.1M-9.8% | $11.2M+1.9% | $11.0M |
| Operating Income | $1.1M-34.4% | $1.7M+126.2% | -$6.6M-1363.0% | $521K-83.9% | $3.2M-0.4% | $3.2M+455.7% | $584K-47.1% | $1.1M |
| Interest Expense | $2.1M+0.9% | $2.1M-6.3% | $2.3M-4.9% | $2.4M-9.4% | $2.6M-47.0% | $4.9M-48.6% | $9.6M-3.6% | $10.0M |
| Income Tax | $472K-46.8% | $887K+188.3% | -$1.0M-252.3% | $660K+104.0% | -$16.5M-2319.8% | $742K+115.7% | $344K-57.5% | $809K |
| Net Income | -$515K+3.0% | -$531K+92.6% | -$7.1M-206.8% | -$2.3M-114.0% | $16.7M+416.0% | -$5.3M+39.5% | -$8.7M+6.3% | -$9.3M |
| EPS (Diluted) | -$0.05+16.7% | -$0.06+90.9% | -$0.66-200.0% | -$0.22-114.9% | $1.48 | -$0.74 | -$2.44 | -$2.61 |
Not reported in any period shown, so not listed: R&D Expenses.
ASPS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $136.5M-4.0% | $142.2M+1.7% | $139.8M-0.1% | $139.9M-2.1% | $142.9M-1.9% | $145.7M+1.4% | $143.6M-0.6% | $144.5M |
| Current Assets | $56.6M-3.8% | $58.8M+8.4% | $54.3M-0.2% | $54.4M+0.8% | $53.9M-1.8% | $54.9M+7.5% | $51.1M+0.5% | $50.8M |
| Cash & Equivalents | $23.2M-23.6% | $30.3M+14.0% | $26.6M-7.0% | $28.6M-4.6% | $30.0M-2.7% | $30.8M+3.4% | $29.8M+5.2% | $28.3M |
| Accounts Receivable | $26.9M+30.2% | $20.7M+15.1% | $18.0M+3.2% | $17.4M-5.5% | $18.4M+1.4% | $18.2M+20.5% | $15.1M+6.0% | $14.2M |
| Goodwill | $56.0M0.0% | $56.0M0.0% | $56.0M0.0% | $56.0M0.0% | $56.0M0.0% | $56.0M0.0% | $56.0M0.0% | $56.0M |
| Total Liabilities | $246.6M-2.4% | $252.6M+1.0% | $250.0M+2.4% | $244.1M-0.6% | $245.6M-7.5% | $265.4M-11.8% | $301.0M+2.4% | $293.9M |
| Current Liabilities | $48.4M-5.0% | $51.0M+8.3% | $47.1M+18.7% | $39.7M-1.2% | $40.1M-4.9% | $42.2M-84.5% | $271.3M+2.2% | $265.4M |
| Long-Term Debt | $185.0M-1.9% | $188.5M-0.7% | $189.9M-0.7% | $191.3M-0.7% | $192.6M-0.6% | $193.7M | $0 | $0 |
| Total Equity | -$110.1M+0.3% | -$110.5M-0.2% | -$110.2M-5.8% | -$104.2M-1.5% | -$102.7M+14.3% | -$119.8M+23.9% | -$157.4M-5.3% | -$149.4M |
| Retained Earnings | -$368.9M-0.2% | -$368.3M-1.3% | -$363.7M-2.2% | -$355.9M-0.9% | -$352.6M+2.9% | -$363.1M-39.7% | -$260.0M-5.0% | -$247.5M |
Not reported in any period shown, so not listed: Inventory.
ASPS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$6.6M-248.9% | $4.5M+981.8% | -$505K-170.3% | $718K+334.6% | -$306K+93.8% | -$5.0M-254.9% | -$1.4M+10.6% | -$1.6M |
| Capital Expenditures | $231K+67.4% | $138K+590.0% | $20K-4.8% | $21K+600.0% | $3K-88.0% | $25K+733.3% | $3K | $0 |
| Free Cash Flow | -$6.9M-259.0% | $4.3M+921.9% | -$525K-175.3% | $697K+325.6% | -$309K+93.8% | -$5.0M-255.9% | -$1.4M+10.4% | -$1.6M |
| Investing Cash Flow | -$231K-67.4% | -$138K-590.0% | -$20K+92.6% | -$271K-8933.3% | -$3K+88.0% | -$25K-101.1% | $2.3M | $0 |
| Financing Cash Flow | -$2.2M-93.2% | -$1.1M+21.4% | -$1.5M-75.5% | -$832K-59.7% | -$521K-108.7% | $6.0M+864.6% | $621K+200.0% | $207K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
ASPS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.3%-2.3pp | 27.6%+1.1pp | 26.5%-0.6pp | 27.1%-3.0pp | 30.1%-0.6pp | 30.7%+0.4pp | 30.3%+0.6pp | 29.8% |
| Operating Margin | 2.2%-1.4pp | 3.6%+19.2pp | -15.5%-16.8pp | 1.2%-6.2pp | 7.5%0.0pp | 7.5%+6.0pp | 1.4%-1.3pp | 2.7% |
| Net Margin | -1.0%+0.1pp | -1.1%+15.7pp | -16.9%-11.3pp | -5.5%-44.0pp | 38.5%+50.6pp | -12.1%+9.1pp | -21.3%+1.7pp | -22.9% |
| Return on Assets | -0.4%0.0pp | -0.4%+4.7pp | -5.1%-3.4pp | -1.7%-13.3pp | 11.7%+15.3pp | -3.6%+2.4pp | -6.1%+0.4pp | -6.4% |
| Current Ratio | 1.170.0x | 1.150.0x | 1.15-0.2x | 1.370.0x | 1.340.0x | 1.30+1.1x | 0.190.0x | 0.19 |
| FCF Margin | -13.5%-22.6pp | 9.1%+10.3pp | -1.2%-2.9pp | 1.7%+2.4pp | -0.7%+10.8pp | -11.5%-8.1pp | -3.4%+0.4pp | -3.9% |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
Note: Shareholder equity is negative (-$110.2M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Where Altisource Portfolio Ranks
Frequently Asked Questions
What is Altisource Portfolio's annual revenue?
Altisource Portfolio (ASPS) reported $171.0M in total revenue for fiscal year 2025. This represents a 6.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Altisource Portfolio's revenue growing?
Altisource Portfolio (ASPS) revenue grew by 6.8% year-over-year, from $160.1M to $171.0M in fiscal year 2025.
Is Altisource Portfolio profitable?
Yes, Altisource Portfolio (ASPS) reported a net income of $1.9M in fiscal year 2025, with a net profit margin of 1.1%.
What is Altisource Portfolio's EBITDA?
Altisource Portfolio (ASPS) had EBITDA of $6.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Altisource Portfolio have?
As of fiscal year 2025, Altisource Portfolio (ASPS) had $26.6M in cash and equivalents against $189.9M in long-term debt.
What is Altisource Portfolio's gross margin?
Altisource Portfolio (ASPS) had a gross margin of 28.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Altisource Portfolio's operating margin?
Altisource Portfolio (ASPS) had an operating margin of 0.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Altisource Portfolio's net profit margin?
Altisource Portfolio (ASPS) had a net profit margin of 1.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Altisource Portfolio's free cash flow?
Altisource Portfolio (ASPS) recorded an outflow of $5.1M in free cash flow during fiscal year 2025. This represents a -2.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Altisource Portfolio's operating cash flow?
Altisource Portfolio (ASPS) recorded an outflow of $5.1M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Altisource Portfolio's total assets?
Altisource Portfolio (ASPS) had $139.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Altisource Portfolio's capital expenditures?
Altisource Portfolio (ASPS) invested $69K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Altisource Portfolio's current ratio?
Altisource Portfolio (ASPS) had a current ratio of 1.15 as of fiscal year 2025, which is considered adequate.
What is Altisource Portfolio's return on assets (ROA)?
Altisource Portfolio (ASPS) had a return on assets of 1.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Altisource Portfolio's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Altisource Portfolio (ASPS) held $26.6M in cash, cash equivalents and investments, and reported an operating cash outflow of $5.1M over that year. Dividing the one by the other, the reported balance equals about 63 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is Altisource Portfolio's debt-to-equity ratio negative or not reported?
Altisource Portfolio (ASPS) has negative shareholder equity of -$110.2M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Altisource Portfolio's Altman Z-Score?
Altisource Portfolio (ASPS) has an Altman Z-Score of -2.20, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Altisource Portfolio's Piotroski F-Score?
Altisource Portfolio (ASPS) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Altisource Portfolio's earnings high quality?
For every $1 of reported earnings, Altisource Portfolio (ASPS) used $2.63 of operating cash (-$5.1M OCF vs $1.9M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Altisource Portfolio cover its interest payments?
Altisource Portfolio (ASPS) has an interest coverage ratio of 0.03x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Altisource Portfolio?
Altisource Portfolio (ASPS) scores 10 out of 100 on our Financial Health Score, indicating weak standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.