Finance of America Companies Inc. (FOA) Form 8-K — Nov 3, 2026
Finance of America reported a Q3 2026 net loss of $110 million, or $5.24 per basic share, driven primarily by $125 million in non-cash fair value adjustments on its portfolio. Total revenues were negative $58 million versus $81 million a year ago. The underlying business showed growth: funded volume rose 24% year over year to $748 million, and adjusted net income was positive at $6 million ($0.28 adjusted EPS) with $17 million of adjusted EBITDA. Management attributed the margin pressure to higher benchmark rates and said pricing changes have been implemented to restore margins.
Key figures
- Revenue
- -58000000
- Guidance
- Company expects to complete a $60 million paydown of senior secured notes in November 2026; no formal earnings guidance provided.
- Cash Position
- 118000000
- Total assets
- $37,731 million
- Total equity
- $307 million
- Adjusted eps q3
- $0.28
- Adjusted ebitda q3
- $17 million
- Book value per share
- $28.08
- Funded volume q3 2026
- $748 million, +24% YoY
- Adjusted net income q3
- $6 million
- Funded volume ytd 2026
- $2,074 million, +17% YoY
- Assets under management
- $37,426 million, +23% YoY
- Non cash fair value changes
- $125 million
AI analysis
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