Onity (ONIT) Rent Expense (2010 - 2026)
Onity (ONIT) posted quarterly Rent Expense of $8.5 million for Q1 2026, up 3.66% year-over-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.
- 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 for Q1 2026 stood at $8.5 million, up from $8.2 million in the prior quarter.
- The five-year high for Rent Expense was $12.4 million in Q3 2022, with the low 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.
- The sharpest annual moves came in 2022 and 2023: Rent Expense jumped 38.36% in 2022, then slumped 37.9% in 2023.
- Onity's Rent Expense stood at $9.7 million in 2022, then fell by 21.65% to $7.6 million in 2023, then advanced by 9.21% to $8.3 million in 2024, then declined by 1.2% to $8.2 million in 2025, then gained by 3.66% to $8.5 million in 2026.
- Business Quant data shows ONIT's Rent Expense at $8.5 million in Q1 2026, $8.2 million in Q4 2025, and $9.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.55 Bn | 36.45 Bn | - | - |
| 2 | Federal National Mortgage Association Fannie Mae | 36.61 Bn | 36.61 Bn | - | - |
| 3 | Federal Home Loan Mortgage | 18.43 Bn | 14.11 Bn | - | - |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn | - |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | - |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | 352,000.00 |
| 8 | UWM Holdings | 472.54 Mn | -25.87 Mn | - | - |
| 9 | Onity | 303.25 Mn | 106.95 Mn | - | 8.20 Mn |
| 10 | loanDepot | 205.70 Mn | -105.44 Mn | - | 4.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.20 Mn |
| Jun 30, 2026 | 8.20 Mn |
| 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 |