Finance of America Companies (FOA) Operating Expenses (2019 - 2026)
Finance of America Companies' (FOA) quarterly Operating Expenses came in at $106.1 million in Q2 2026, up 19.12% on a YoY basis from $89.1 million in Q2 2025, and up 0.69% quarter-over-quarter from $105.4 million in Q1 2026.
Analysis
Finance of America Companies (FOA) Operating Expenses (2019 - 2026) Analysis & Trends
Finance of America Companies (FOA) has reported Operating Expenses for 8 consecutive years, with $106.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 19.12% year-over-year to $106.1 million; the trailing twelve-month figure through Jun 2026 stood at $405.6 million (up 18.31% YoY), and the FY2025 full-year result was $369.5 million, up 7.51% from the prior year.
- Operating Expenses improved to $106.1 million in Q2 2026 per FOA's latest filing, from $105.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $112.8 million in Q2 2022 and bottomed at $80.3 million in Q3 2024.
- Historically, Operating Expenses has averaged $96.1 million across 5 years, with a median of $92.6 million in 2022.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses plunged 88.64% in 2022, then soared 30.24% in 2025.
- Over 5 years, Operating Expenses stood at $101.0 million in 2022, then retreated by 8.15% to $92.8 million in 2023, then fell by 6.19% to $87.1 million in 2024, then gained by 2.82% to $89.5 million in 2025, then rose by 18.52% to $106.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $106.1 million, $105.4 million, and $89.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 46.15 Bn | 43.05 Bn | - | 2.50 Bn |
| 2 | Federal National Mortgage Association Fannie Mae | 30.33 Bn | 30.33 Bn | - | 2.07 Bn |
| 3 | Figure Technology Solutions | 7.94 Bn | 6.40 Bn | 196.67 Mn | 147.85 Mn |
| 4 | PennyMac Financial Services | 3.45 Bn | 2.70 Bn | 480.08 Mn | 465.44 Mn |
| 5 | Federal Agricultural Mortgage | 2.40 Bn | 1.36 Bn | - | 11.59 Mn |
| 6 | UWM Holdings | 2.01 Bn | 2.36 Bn | - | 635.05 Mn |
| 7 | Walker & Dunlop | 1.26 Bn | 1.11 Bn | - | 304.62 Mn |
| 8 | CNFinance Holdings | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Velocity Financial | 630.27 Mn | -6.82 Bn | - | 59.75 Mn |
| 10 | Finance of America Companies | 125.92 Mn | 125.92 Mn | - | 106.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 106.09 Mn |
| Mar 31, 2026 | 105.37 Mn |
| Dec 31, 2025 | 89.51 Mn |
| Sep 30, 2025 | 104.59 Mn |
| Jun 30, 2025 | 89.06 Mn |
| Mar 31, 2025 | 86.37 Mn |
| Dec 31, 2024 | 87.06 Mn |
| Sep 30, 2024 | 80.31 Mn |
| Jun 30, 2024 | 85.05 Mn |
| Mar 31, 2024 | 91.32 Mn |
| Dec 31, 2023 | 92.80 Mn |
| Sep 30, 2023 | 105.43 Mn |
| Jun 30, 2023 | 110.01 Mn |
| Mar 31, 2023 | 83.78 Mn |
| Dec 31, 2022 | 101.03 Mn |
| Sep 30, 2022 | 92.35 Mn |
| Jun 30, 2022 | 112.82 Mn |
| Mar 31, 2022 | 107.40 Mn |
| Sep 30, 2021 | 812.63 Mn |
| Jun 30, 2021 | 400.75 Mn |