FOA · Finance of America Companies Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $120.14M | - | $80.85M | $177.38M | $165.69M | - | $290.07M | $79.04M | $74.68M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $14.46M | - | $12.78M | $13.18M | $12.98M | - | $14.40M | $16.24M | $17.27M | - |
| Total Operating Expenses | $105.37M | - | $104.59M | $89.06M | $86.37M | - | $80.31M | $85.05M | $91.31M | - |
| D&A | $9.85M | - | $9.64M | $9.65M | $9.66M | - | $9.78M | $12.37M | $9.68M | - |
| Operating Income | $36.26M | - | ($28.55M) | $81.95M | $81.69M | - | $208.17M | ($3.77M) | ($15.78M) | - |
| Interest Expense | - | - | $14.49M | $15.22M | $8.15M | - | $9.22M | $9.27M | $28.54M | - |
| Income Tax | $1.09M | - | $130.0K | $2.13M | $1.94M | - | $4.42M | $1.15M | $0 | - |
| Net Income | $17.51M | - | ($9.52M) | $34.92M | $30.21M | - | $84.20M | ($2.09M) | ($7.54M) | - |
| EPS - Basic | $1.93 | - | ($1.05) | $3.16 | $2.97 | - | $8.48 | ($0.21) | ($0.80) | - |
| EPS - Diluted | $0.88 | - | ($1.27) | $2.13 | $2.43 | - | $7.50 | ($0.30) | ($0.80) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $107.66M | $89.50M | $109.79M | $46.48M | $52.02M | $47.38M | $44.26M | $46.51M | $48.23M | $46.48M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $31.33B | $30.73B | $30.66B | $30.15B | $29.69B | $29.16B | $28.95B | $27.97B | $27.68B | $27.11B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | $357.55M | $389.95M | - | - | $374.51M | - | - | - | $410.91M |
| Total Liabilities | $30.89B | $30.34B | $30.29B | $29.67B | $29.29B | $28.84B | $28.49B | $27.72B | $27.43B | $26.84B |
| Stockholders' Equity | $438.11M | $395.63M | $365.83M | $473.43M | $394.89M | $315.66M | $456.46M | $251.30M | $255.72M | $272.41M |
| Retained Earnings | ($636.15M) | ($653.66M) | ($643.28M) | ($633.76M) | ($668.69M) | ($698.89M) | ($639.81M) | ($724.01M) | ($721.92M) | ($714.38M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($130.86M) | - | - | - | ($92.08M) | - | - | - | ($132.24M) | - |
| Investing Cash Flow | $95.09M | - | - | - | $45.48M | - | - | - | $49.47M | - |
| Financing Cash Flow | $87.73M | - | - | - | ($3.50M) | - | - | - | $101.56M | - |
| CapEx | - | - | - | - | - | - | - | - | $461.0K | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | ($132.70M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 30.2% | - | -35.3% | 46.2% | 49.3% | - | 71.8% | -4.8% | -21.1% | - |
| EBITDA margin | 38.4% | - | -23.4% | 51.6% | 55.1% | - | 75.1% | 10.9% | -8.2% | - |
| Net margin | 14.6% | - | -11.8% | 19.7% | 18.2% | - | 29.0% | -2.6% | -10.1% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | -177.7% | - |
| FCF / Net income | - | - | - | - | - | - | - | - | 17.60 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 12.0% | - | 15.8% | 7.4% | 7.8% | - | 5.0% | 20.5% | 23.1% | - |
| Effective tax rate | 5.9% | - | - | 5.8% | 6.0% | - | 5.0% | - | - | - |
| Return on assets | 0.1% | - | -0.0% | 0.1% | 0.1% | - | 0.3% | -0.0% | -0.0% | - |
| Return on equity | 4.0% | - | -2.6% | 7.4% | 7.7% | - | 18.4% | -0.8% | -2.9% | - |
| Return on invested capital | - | - | -3.0% | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | 0.90 | 1.07 | - | - | 1.19 | - | - | - | 1.51 |
| Debt / Assets | - | 0.01 | 0.01 | - | - | 0.01 | - | - | - | 0.02 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | -2.0x | 5.4x | 10.0x | - | 22.6x | -0.4x | -0.6x | - |
| Equity multiplier | 71.51 | 77.68 | 83.80 | 63.68 | 75.18 | 92.37 | 63.42 | 111.32 | 108.26 | 99.51 |
| Liabilities / Assets | 0.99 | 0.99 | 0.99 | 0.98 | 0.99 | 0.99 | 0.98 | 0.99 | 0.99 | 0.99 |
| Efficiency | ||||||||||
| Asset turnover | 0.00 | - | 0.00 | 0.01 | 0.01 | - | 0.01 | 0.00 | 0.00 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 18.9x | - | - | 10.9x | 8.7x | - | 1.5x | - | - | - |
| P / B | 0.7x | - | 1.2x | 1.5x | 1.6x | - | 0.6x | 0.5x | 2.8x | - |
| P / S | 2.7x | - | 5.3x | 4.0x | 3.9x | - | 0.9x | 1.4x | 9.5x | - |
| EV / EBITDA | 4.6x | - | - | 7.2x | 6.5x | - | 1.0x | 7.8x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -27.5% | - | -72.1% | 124.4% | 121.9% | - | -511.8% | -170.6% | -47.0% | - |
| Revenue CAGR (3y) | -5.2% | - | 4.4% | 7.9% | -14.7% | - | -21.8% | -44.6% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -55.6% | - | - | - | - | - | - | 98.3% | - | - |
| Net income growth (YoY) | -42.0% | - | - | - | - | - | - | 97.4% | - | - |
| EPS growth (YoY) | -63.8% | - | - | - | - | - | - | 67.0% | - | - |
| EPS CAGR (3y) | 132.5% | - | - | - | - | - | 224.2% | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 10.9% | 25.3% | -19.9% | 88.4% | 54.4% | 15.9% | 340.6% | -8.2% | -47.9% | -32.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$555.49M totalPortfolio Management$302.50M · 54.5%
Retirement Solutions$252.98M · 45.5%
Peer comparison
Same SIC group: Mortgage Bankers & Loan Correspondents
Comparing Finance of America Companies Inc. against the 5 most active filers in the same SIC group.