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SEGMENT REPORTING
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
Our business segments are based upon our organizational structure, which focuses primarily on the services offered, and are consistent with the internal reporting used by our Chief Executive Officer (our chief operating decision maker) to evaluate operating performance and to assess the allocation of our resources.
We conduct our operations through two reportable segments: Servicer and Real Estate and Origination. In addition, we report Corporate and Others separately.
The Servicer and Real Estate segment provides loan servicers and real estate investors with solutions and technologies that span the mortgage and real estate lifecycle. The Origination segment provides originators with solutions and technologies that span the mortgage origination lifecycle. Corporate and Others includes interest expense and costs related to corporate functions including executive, infrastructure and certain technology groups, finance, law, compliance, human resources, vendor management, facilities, risk management, and eliminations between reportable segments.
Income (loss) before income taxes and non-controlling interests is the measure of segment profit and loss that is determined in accordance with the measurement principles used in measuring the corresponding amounts in the consolidated financial statements and used by the chief operating decision maker to evaluate segment results.
Financial Information
Financial information for our segments is as follows:
Three months ended March 31, 2026
Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Revenue$33,637 $13,947 $— $47,584 
Cost of revenue21,529 11,344 1,600 34,473 
Gross profit (loss)12,108 2,603 (1,600)13,111 
Selling, general and administrative expenses
2,543 1,902 6,941 11,386 
Income (loss) from operations9,565 701 (8,541)1,725 
Other income (expense), net:
Interest expense— (8)(2,101)(2,109)
Other, net
233 — 507 740 
Total other income (expense), net233 (8)(1,594)(1,369)
Income (loss) before income taxes and non-controlling interests$9,798 $693 $(10,135)$356 

 
Three months ended March 31, 2025
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Revenue$35,157 $8,282 $— $43,439 
Cost of revenue21,861 6,690 1,563 30,114 
Gross profit (loss) 13,296 1,592 (1,563)13,325 
Selling, general and administrative expenses
2,340 1,665 6,075 10,080 
Income (loss) from operations10,956 (73)(7,638)3,245 
Other income (expense), net:
Interest expense(33)— (4,905)(4,938)
Debt amendment costs— — (2,980)(2,980)
Other, net
— 138 144 
Total other income (expense), net(27)— (7,747)(7,774)
Income (loss) before income taxes and non-controlling interests$10,929 $(73)$(15,385)$(4,529)

Total Assets
Total assets for our segments are as follows:
(in thousands)Servicer and Real EstateOriginationCorporate and OthersConsolidated Altisource
Total assets:
March 31, 2026$57,349 $47,807 $36,998 $142,154 
December 31, 202556,545 47,271 35,985 139,801