Get started

Financials · PFSI

PennyMac Financial Services Inc. (PFSI) financials

For the twelve months ended Sep 30, 2026, PennyMac Financial Services Inc. reported $2.05B of revenue and $239.53M of net income.

Revenue, TTM
$2.05B
Revenue growth, YoY
+3.5%
Net income, TTM
$239.53M
Net income growth, YoY
-52.0%
Net margin
11.7%
Free cash flow, TTM
-$251.61M
EPS, diluted, TTM
$4.45
EPS growth, YoY
-52.0%
Cash
$233.35M
Total debt
$6.54B
P/E
14.23
P/S
1.66
Market cap
$3.41B
Annual revenue$2.05B
FY2016FY2025
Annual net income$501.08M
FY2016FY2025
Annual free cash flow-$1.66B
FY2016FY2025

PFSI revenue and earnings growth

PFSI revenueQ3 2026$468.77M

Quarter YoY
-25.9%
QoQ
-5.7%
FY YoY
+28.4%
5Y CAGR
-11.2%

PFSI revenue was $468.77M in fiscal Q3 2026 (ended Sep 30, 2026), down 25.9% from a year earlier and down 5.7% from the prior quarter. For the full fiscal 2025 it was $2.05B, up 28.4% from fiscal 2024. Compound annual growth was -11.2% over 5 years. It rose in 6 of the last 9 fiscal years.

PFSI net incomeQ3 2026$28.65M

Quarter YoY
-84.2%
QoQ
+31.9%
FY YoY
+60.9%
5Y CAGR
-21.2%

PFSI net income was $28.65M in fiscal Q3 2026 (ended Sep 30, 2026), down 84.2% from a year earlier and up 31.9% from the prior quarter. For the full fiscal 2025 it was $501.08M, up 60.9% from fiscal 2024. Compound annual growth was -21.2% over 5 years. It rose in 5 of the last 9 fiscal years.

PFSI EPSQ3 2026$0.54

Quarter YoY
-84.0%
QoQ
+31.7%
FY YoY
+59.2%
5Y CAGR
-15.0%

PFSI diluted EPS was $0.54 in fiscal Q3 2026 (ended Sep 30, 2026), down 84.0% from a year earlier and up 31.7% from the prior quarter. For the full fiscal 2025 it was $9.30, up 59.2% from fiscal 2024. Compound annual growth was -15.0% over 5 years.

PFSI free cash flowQ3 2026$850.34M

QoQ
-60.3%

PFSI free cash flow was $850.34M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$699.45M a year earlier and down 60.3% from the prior quarter. For the full fiscal 2025 it was -$1.66B, compared with -$4.53B in fiscal 2024.

Export CSV

Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$2.05B$1.59B$1.40B$1.99B$3.17B$3.71B$1.48B$984.63M$955.46M$931.89M
Interest expense--$637.78M$335.43M$390.70M$271.55M$211.98M$144.60M$144.52M$106.21M
Pre-tax income$551.42M$401.03M$183.63M$665.25M$1.36B$2.24B$529.44M$267.70M$335.91M$383.08M
Income tax$50.34M$89.60M$38.98M$189.74M$355.69M$593.73M$136.48M$23.25M$24.39M$46.10M
Net income$501.08M$311.42M$144.66M$475.51M$1.00B$1.65B$392.96M$87.69M$100.76M$66.08M
EPS, basic$9.69$6.11$2.89$8.96$15.73$21.91$5.02$2.62$4.34$2.98
EPS, diluted$9.30$5.84$2.74$8.50$14.87$20.92$4.89$2.59$4.03$2.94
Diluted shares53.9M53.4M52.7M56.0M67.5M78.7M80.3M35.3M25.0M76.6M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$301.68M$238.48M$938.37M$1.33B$340.09M$532.78M$188.58M$155.92M$38.17M$99.64M
Short-term investments$410.04M$420.55M$10.27M$12.19M$6.87M$15.22M$74.61M$117.82M$170.08M-
Total assets$29.39B$26.09B$18.84B$16.82B$18.78B$31.60B$10.20B$7.48B$7.37B-
Short-term debt------$4.64B$2.33B$2.92B-
Total debt$1.33B$2.05B$1.87B$1.94B$1.30B$1.30B$1.29B$1.65B$1.14B-
Total liabilities$25.08B$22.26B$15.31B$13.35B$15.36B$28.21B$8.14B$5.82B$5.65B-
Shareholders' equity$4.31B$3.83B$3.54B$3.47B$3.42B$3.39B$2.06B$1.65B$1.72B$1.40B

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow-$1.65B-$4.53B-$1.58B$6.03B$2.56B-$6.20B-$2.25B$572.40M-$883.41M-$938.33M
Capital expenditures$11.92M$1.72M$1.39M$7.16M$7.90M$10.67M$6.12M$13.42M$6.79M$21.85M
Free cash flow-$1.66B-$4.53B-$1.58B$6.03B$2.56B-$6.21B-$2.25B$558.98M-$890.20M-$960.18M
Investing cash flow$552.49M-$1.89B-$273.29M-$721.58M-$304.37M$783.03M$148.78M-$322.61M-$339.23M-$34.74M
Financing cash flow$1.16B$5.72B$1.47B-$4.32B-$2.45B$5.76B$2.13B-$132.03M$1.16B$967.16M
Dividends paid$62.55M$52.16M$41.45M$54.62M$52.90M$30.95M$9.71M$10.05M--
Share repurchases$4.74M-$71.49M$406.09M$958.19M$337.48M$1.06M$5.29M$8.60M-
Stock-based compensation$36.23M$20.87M$27.58M$42.55M$37.79M$45.10M$24.77M$25.25M$20.70M$16.20M
Depreciation and amortization$54.39M$55.98M$53.21M$34.41M$28.64M$25.57M$15.02M$12.93M$8.39M$5.85M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY28.4%13.7%-29.4%-37.3%-14.5%150.8%50.0%3.1%2.5%-
Net income growth, YoY60.9%115.3%-69.6%-52.6%-39.1%319.1%348.1%-13.0%52.5%-
EPS growth, YoY59.2%113.1%-67.8%-42.8%-28.9%327.8%----
Net margin24.5%19.5%10.3%23.9%31.7%44.4%26.6%8.9%10.5%7.1%
Free cash flow margin-81.3%-284.6%-113.0%303.5%80.7%-167.6%-152.4%56.8%-93.2%-103.0%
Return on equity11.6%8.1%4.1%13.7%29.4%48.6%19.1%5.3%5.9%4.7%
Return on assets1.7%1.2%0.8%2.8%5.3%5.2%3.9%1.2%1.4%-
Debt to equity0.310.540.530.560.380.380.631.000.66-

Source: XBRL data PennyMac Financial Services Inc. files with the SEC, latest filing dated Nov 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

PFSI peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
PFSI$2.05B+3.5%$239.53M11.7%$3.41B
AXP$77.59B+10.2%$12.26B15.8%$215.24B
SPGI$17.21B+18.2%$4.99B29.0%$135.62B
MCO$8.18B+9.0%$2.88B35.3%$87.18B
NU$15.77B+37.0%$2.87B18.2%$58.39B
RKT$11.46B+90.4%$1.30B11.4%$42.74B
COIN$5.63B-26.6%-$701.62M-12.5%$35.68B
AFRM$4.59B+32.7%$2.01B43.9%$23.08B
SYF$19.31B+2.6%$3.33B17.3%$22.96B

PFSI FAQ

8 questions
  • What is PFSI revenue?
    PennyMac Financial Services Inc. (PFSI) reported $2.05B of revenue for the twelve months ended Sep 30, 2026. That is up 3.5% from the year before. Revenue for fiscal 2025 was $2.05B.
  • Is PFSI profitable?
    Yes. PennyMac Financial Services Inc. earned $239.53M in net income for the twelve months ended Sep 30, 2026, a net margin of 11.7%.
  • How much cash and debt does PFSI have?
    PennyMac Financial Services Inc. reported $233.35M in cash and cash equivalents and $6.54B of debt on its most recent balance sheet in SEC filings.
  • How fast is PFSI revenue growing?
    PennyMac Financial Services Inc.'s revenue changed +28.4% in fiscal 2025, to $2.05B. Its compound annual growth rate was -11.2% over 5 years.
  • What is PFSI free cash flow?
    PennyMac Financial Services Inc. generated -$251.61M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$233.76M less capital expenditures.
  • What is PFSI earnings per share?
    Diluted earnings per share were $4.45 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did PFSI last report financial results?
    The latest statements here come from PennyMac Financial Services Inc.'s 10-Q filed on Nov 3, 2026, covering the period ended Sep 30, 2026.
  • Where does this PFSI financial data come from?
    Quantisnow builds these statements from the structured XBRL data PennyMac Financial Services Inc. files with the SEC. It is provided for information only and is not investment advice.