PennyMac Financial Services, Inc. (PFSI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 530.59M | 1.07B | 413.06M | 483.44M | 687.05M | 460.12M | 394.34M | 351.93M | 194.78M | 215.25M | 264.44M | 252.75M | 406.73M | 188.22M | 329.66M | 235.57M | 228.5M | 493.95M | 529.65M | 370.08M |
| Gross Margin % | 97.36% | 90.45% | 46.79% | 51.89% | 64.23% | 97.88% | 95.75% | 49.2% | 38.96% | 40.44% | 47.46% | 44.32% | 60.61% | 42.36% | 58.93% | 50.04% | 43.78% | 94.39% | 60.37% | 43.82% |
| Gross Profit Growth % | -22.77% | 132.63% | 4.75% | 37.37% | 252.74% | 113.76% | 49.12% | 39.24% | -52.11% | 14.36% | -19.78% | 7.29% | 78% | -61.89% | -37.76% | -36.35% | -60.53% | 231.47% | -42.24% | -30.67% |
| Operating Expenses | 237.49M | 673M | 176.49M | 406.57M | 582.53M | 180.85M | 176.4M | 218.06M | 150.25M | 102.4M | 137.63M | 179.37M | 365.73M | 115.39M | 143.09M | 50.58M | -11.16M | 259.84M | 190.03M | 90.56M |
| OpEx % of Revenue | 43.58% | 56.87% | 19.99% | 43.64% | 54.45% | 38.47% | 42.83% | 30.48% | 30.05% | 19.24% | 24.7% | 31.45% | 54.5% | 25.97% | 25.58% | 10.75% | -2.14% | 49.65% | 21.66% | 10.72% |
| Selling, General & Admin | 237.49M | 218.38M | 93.86M | 82.75M | 76.01M | 180.85M | 176.4M | 53.47M | 52.36M | 44.99M | 70.73M | 58.65M | 63.71M | 52.19M | 73.07M | 97.36M | 115.55M | 371.24M | 117.72M | 44.08M |
| SG&A % of Revenue | 43.58% | 18.45% | 10.63% | 8.88% | 7.11% | 38.47% | 42.83% | 7.47% | 10.47% | 8.45% | 12.69% | 10.28% | 9.49% | 11.74% | 13.06% | 20.68% | 22.14% | 70.94% | 13.42% | 5.22% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 293.1M | 397.4M | 236.57M | 76.86M | 104.52M | 279.27M | 217.94M | 133.87M | 44.53M | 112.85M | 126.81M | 73.38M | 41M | 72.83M | 186.58M | 184.98M | 239.66M | 234.11M | 339.62M | 279.51M |
| Operating Margin % | 53.78% | 33.58% | 26.8% | 8.25% | 9.77% | 59.4% | 52.92% | 18.71% | 8.91% | 21.2% | 22.76% | 12.87% | 6.11% | 16.39% | 33.35% | 39.3% | 45.92% | 44.74% | 38.71% | 33.1% |
| Operating Income Growth % | 180.42% | 42.3% | 8.55% | -42.59% | 134.74% | 147.47% | 71.86% | 82.44% | 8.59% | 54.95% | -32.04% | -60.33% | -82.89% | -68.89% | -45.06% | -33.82% | -52.64% | -62.07% | -53.37% | -41.81% |
| EBITDA | 293.1M | 397.4M | 253.04M | 95.22M | 121.82M | 296.51M | 235.07M | 151.56M | 62.13M | 130.44M | 144.15M | 90.71M | 58.76M | 87.47M | 200.05M | 196.32M | 250.44M | 244.78M | 350M | 290.39M |
| EBITDA Margin % | 53.78% | 33.58% | 28.66% | 10.22% | 11.39% | 63.07% | 57.08% | 21.19% | 12.43% | 24.51% | 25.87% | 15.9% | 8.76% | 19.68% | 35.76% | 41.71% | 47.99% | 46.77% | 39.89% | 34.38% |
| EBITDA Growth % | 140.6% | 34.03% | 7.65% | -37.17% | 96.09% | 127.32% | 63.08% | 67.08% | 5.72% | 49.13% | -27.95% | -53.8% | -76.54% | -64.27% | -42.84% | -32.39% | -51.56% | -61.07% | -52.56% | -40.59% |
| D&A (Non-Cash Add-back) | 0 | 0 | 16.48M | 18.36M | 17.3M | 17.24M | 17.13M | 17.69M | 17.6M | 17.59M | 17.34M | 17.33M | 17.76M | 14.63M | 13.47M | 11.34M | 10.79M | 10.67M | 10.38M | 10.87M |
| EBIT | 293.1M | 397.4M | 236.57M | 76.86M | 104.52M | 131.01M | 94.1M | 133.87M | 44.53M | 112.85M | 126.81M | 73.38M | 41M | 72.83M | 186.58M | 184.98M | 239.66M | 234.11M | 339.62M | 279.51M |
| Net Interest Income | 0 | 898K | 18.06M | 0 | 0 | -17.25M | 7.87M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 208.18M | 263.89M | 248.74M | 0 | 0 | 210.86M | 225.47M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 249.72M | 263M | 230.68M | 0 | 0 | 228.11M | 217.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 104.69M | 134.41M | 236.37M | 76.44M | 104.2M | 129.36M | 93.92M | 133.85M | 43.88M | -54.23M | 126.8M | 72.92M | 38.15M | 67.73M | 185.47M | 177.53M | 234.52M | 234.11M | 339.55M | 279.51M |
| Pretax Margin % | 19.21% | 11.36% | 26.78% | 8.21% | 9.74% | 27.52% | 22.81% | 18.71% | 8.78% | -10.19% | 22.76% | 12.79% | 5.68% | 15.24% | 33.16% | 37.71% | 44.94% | 44.74% | 38.7% | 33.1% |
| Income Tax | 22.37M | 27.57M | 54.87M | -60.02M | 27.92M | 24.88M | 24.56M | 35.6M | 4.58M | -17.39M | 33.93M | 14.67M | 7.77M | 30.11M | 50.34M | 48.36M | 60.93M | 61.03M | 90.24M | 75.29M |
| Effective Tax Rate % | 21.37% | 20.52% | 23.21% | -78.52% | 26.79% | 19.23% | 26.15% | 26.59% | 10.43% | 32.06% | 26.76% | 20.11% | 20.37% | 44.46% | 27.14% | 27.24% | 25.98% | 26.07% | 26.58% | 26.93% |
| Net Income | 82.32M | 106.83M | 181.5M | 136.46M | 76.28M | 104.49M | 69.37M | 98.26M | 39.31M | -36.84M | 92.87M | 58.25M | 30.38M | 37.62M | 135.13M | 129.16M | 173.59M | 173.08M | 249.31M | 204.23M |
| Net Margin % | 15.11% | 9.03% | 20.56% | 14.65% | 7.13% | 22.23% | 16.84% | 13.74% | 7.86% | -6.92% | 16.67% | 10.21% | 4.53% | 8.46% | 24.16% | 27.44% | 33.26% | 33.07% | 28.42% | 24.18% |
| Net Income Growth % | 7.92% | 2.24% | 161.65% | 38.88% | 94.06% | 383.61% | -25.31% | 68.68% | 29.4% | -197.94% | -31.28% | -54.9% | -82.5% | -78.27% | -45.8% | -36.76% | -53.94% | -61.78% | -53.41% | -42.09% |
| Net Income (Continuing) | 82.32M | 106.83M | 181.5M | 136.46M | 76.28M | 104.49M | 69.37M | 98.26M | 39.31M | -36.84M | 92.87M | 58.25M | 30.38M | 37.62M | 135.13M | 129.16M | 173.59M | 173.08M | 249.31M | 204.23M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.53 | 1.97 | 3.37 | 2.54 | 1.42 | 1.95 | 1.30 | 1.85 | 0.74 | -0.74 | 1.77 | 1.11 | 0.57 | 0.71 | 2.46 | 2.28 | 2.94 | 2.79 | 3.80 | 2.94 |
| EPS Growth % | 7.75% | 1.03% | 159.23% | 37.3% | 91.89% | 363.51% | -26.55% | 66.67% | 29.82% | -204.23% | -28.05% | -51.32% | -80.61% | -74.55% | -35.26% | -22.45% | -42.91% | -53.27% | -45.95% | -33.03% |
| EPS (Basic) | 1.58 | 2.05 | 3.51 | 2.64 | 1.48 | 2.04 | 1.36 | 1.93 | 0.78 | -0.74 | 1.86 | 1.17 | 0.61 | 0.75 | 2.46 | 2.38 | 2.94 | 2.97 | 4.02 | 3.10 |
| Diluted Shares Outstanding | 53.86M | 54.17M | 53.88M | 53.63M | 53.62M | 53.58M | 53.49M | 53.2M | 53.1M | 49.99M | 52.56M | 52.26M | 53.35M | 53.09M | 54.97M | 56.64M | 59.13M | 61.94M | 65.65M | 69.4M |
| Basic Shares Outstanding | 52.13M | 52M | 51.73M | 51.67M | 51.51M | 51.27M | 51.18M | 50.95M | 50.55M | 49.99M | 49.9M | 49.87M | 50.15M | 50.16M | 54.93M | 54.17M | 59.05M | 58.25M | 62.09M | 65.89M |
| Dividend Payout Ratio | - | 14.91% | 8.71% | 11.58% | 19.67% | 15% | 22.59% | 10.58% | 26.51% | - | 11.02% | 17.51% | 35.48% | 27.69% | 16.02% | 8.62% | 6.58% | 7.08% | 5.09% | - |