Onity (ONIT) Rent Expense (2010 - 2026)
Onity's (ONIT) quarterly Rent Expense came in at $8.5 million in Q1 2026, up 3.66% year-on-year from $8.2 million in Q1 2025, and up 3.66% quarter-over-quarter from $8.2 million in Q4 2025.
Onity (ONIT) Rent Expense (2010 - 2026) Analysis & Trends
Onity's Rent Expense history runs 17 years deep, the most recent figure standing at $8.5 million for Q1 2026.
- On a quarterly basis, Rent Expense rose 3.66% year-over-year to $8.5 million in Q1 2026; TTM through Mar 2026 was $33.9 million, a 6.27% increase from a year earlier, with the FY2025 full-year figure at $33.6 million, up 7.01% from the prior year.
- Rent Expense advanced to $8.5 million in Q1 2026 per ONIT's latest filing, from $8.2 million in the prior quarter.
- Across five years, Rent Expense topped out at $12.4 million in Q3 2022 and bottomed at $7.5 million in Q2 2024.
- The 5-year median for Rent Expense is $8.2 million (2025), against an average of $8.7 million.
- Across the five-year window, Rent Expense jumped 38.36% in 2022 and tumbled 37.9% in 2023, its largest moves.
- Year by year, Rent Expense stood at $9.7 million in 2022, then retreated by 21.65% to $7.6 million in 2023, then climbed by 9.21% to $8.3 million in 2024, then fell by 1.2% to $8.2 million in 2025, then advanced by 3.66% to $8.5 million in 2026.
- Per Business Quant, the three latest ONIT Rent Expense figures stand at $8.5 million (Q1 2026), $8.2 million (Q4 2025), and $9.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | - |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | - |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | - |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | - |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | - |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | 340,000.00 |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | - |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | - |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | 8.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.50 Mn |
| Mar 31, 2026 | 8.50 Mn |
| Dec 31, 2025 | 8.20 Mn |
| Dec 31, 2025 | 8.20 Mn |
| Sep 30, 2025 | 9.10 Mn |
| Sep 30, 2025 | 9.10 Mn |
| Jun 30, 2025 | 8.10 Mn |
| Jun 30, 2025 | 8.10 Mn |
| Mar 31, 2025 | 8.20 Mn |
| Mar 31, 2025 | 8.20 Mn |
| Dec 31, 2024 | 8.30 Mn |
| Dec 31, 2024 | 8.30 Mn |
| Sep 30, 2024 | 7.90 Mn |
| Sep 30, 2024 | 7.90 Mn |
| Jun 30, 2024 | 7.50 Mn |
| Jun 30, 2024 | 7.50 Mn |
| Mar 31, 2024 | 7.70 Mn |
| Mar 31, 2024 | 7.70 Mn |
| Dec 31, 2023 | 7.60 Mn |
| Dec 31, 2023 | 7.60 Mn |