Finance of America — Third Quarter 2026 Earnings Summary

Finance of America reported a net loss of $110 million for the third quarter of 2026, driven primarily by $125 million in non-cash fair value adjustments, resulting in a basic loss per share of $5.24. Despite the GAAP loss, the company generated adjusted net income of $6 million and adjusted earnings per share of $0.28, while funded volume increased 24% year-over-year to $748 million. Cash and cash equivalents rose by $33 million during the quarter to $118 million, and total equity stood at $307 million as of September 30, 2026. The company expects to complete a $60 million paydown of senior secured notes in November 2026, leveraging its strong cash position.