Business Wire·Mar 10, 2026, 4:05 PM ET

Finance of America Reports Fourth Quarter and Full Year 2025 Results

Finance of America reported $5.04 basic earnings per share and $110 million net income from continuing operations for 2025, representing a 175% year-over-year increase.
Adjusted net income reached $74 million with adjusted earnings per share of $3.04, a 429% year-over-year increase driven by improved origination gains, operating leverage, and capital markets activity.
Funded volume totaled $2.4 billion for 2025, a 24% increase from 2024, with Q4 2025 volume at $619 million.
The Company announced an agreement to acquire the reverse mortgage servicing portfolio from PHH Mortgage to expand its servicing platform.
A $2.5 billion strategic partnership was established, including a $50 million equity investment from Blue Owl funds.
Higher-cost working capital facilities were repaid in August 2025, and Blackstone's equity interest was repurchased in February 2026.
Retirement Solutions segment revenue grew 23% to $253 million with pre-tax income increasing 318% to $46 million.
Portfolio Management segment pre-tax income rose 136% to $198 million, driven by positive fair value adjustments and higher accreted yield.
Total equity increased to $396 million as of December 31, 2025, up from $316 million in 2024, supported by profitability and the Blue Owl investment.
Cash and cash equivalents grew 91% to $90 million as of December 31, 2025.
Management hosted a webcast on March 10, 2026, to discuss the financial results for the quarter and year ended December 31, 2025.