Onity (ONIT) Rent Expense (2010 - 2026)
Onity (ONIT) recorded quarterly Rent Expense of $8.5 million in Q1 2026, up 3.66% quarter-over-quarter from $8.2 million in Q4 2025, and up 3.66% on a YoY basis from $8.2 million in Q1 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.
- In Q1 2026, Rent Expense rose 3.66% year-over-year to $8.5 million; the TTM figure through Mar 2026 stood at $33.9 million (up 6.27% YoY), while the FY2025 annual figure was $33.6 million, up 7.01% from the prior year.
- Rent Expense was $8.5 million for Q1 2026 at Onity, up from $8.2 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $12.4 million in Q3 2022 to a low of $7.5 million in Q2 2024.
- Historically, Rent Expense has averaged $8.7 million across 5 years, with a median of $8.2 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Rent Expense surged 38.36% in 2022, then tumbled 37.9% in 2023.
- A 5-year view of Rent Expense shows it 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.
- The last three Rent Expense figures came in at $8.5 million (Q1 2026), $8.2 million (Q4 2025), and $9.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 34.85 Bn | 32.16 Bn | - | - |
| 2 | PennyMac Financial Services | 4.14 Bn | 3.65 Bn | 523.89 Mn | - |
| 3 | Walker & Dunlop | 1.73 Bn | 1.55 Bn | - | - |
| 4 | UWM Holdings | 743.45 Mn | 1.57 Bn | - | - |
| 5 | Velocity Financial | 668.42 Mn | 583.96 Mn | - | 340,000.00 |
| 6 | CNFinance Holdings | 591.78 Mn | 542.97 Mn | - | - |
| 7 | Better Home & Finance Holding | 419.52 Mn | 349.24 Mn | - | - |
| 8 | Onity | 306.24 Mn | 306.24 Mn | - | 8.50 Mn |
| 9 | loanDepot | 209.70 Mn | -4.79 Mn | - | 4.28 Mn |
| 10 | Greystone Housing Impact Investors | 120.06 Mn | 120.06 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 |