PennyMac Financial Services (PFSI) Change in Taxes (2017 - 2026)

PennyMac Financial Services' (PFSI) quarterly Change in Taxes came in at $22.5 million in Q1 2026, down 18.7% year-on-year from $27.6 million in Q1 2025, and down 31.12% on a QoQ basis from $32.6 million in Q4 2025.

PennyMac Financial Services (PFSI) Change in Taxes (2017 - 2026) Analysis & Trends

PennyMac Financial Services (PFSI) has 10 years of Change in Taxes data on file, last reported at $22.5 million in Q1 2026.

  • On a quarterly basis, Change in Taxes fell 18.7% year-over-year to $22.5 million in Q1 2026; TTM through Mar 2026 was $47.8 million, a 57.01% decrease from a year earlier, with the FY2025 full-year figure at $53.0 million, down 39.83% from the prior year.
  • Change in Taxes for Q1 2026 stood at $22.5 million, down from $32.6 million in the prior quarter.
  • Over the last five years, Change in Taxes for PFSI reached as high as $139.8 million in Q2 2022 and fell as low as -$61.2 million in Q2 2025.
  • Historically, Change in Taxes has averaged $30.7 million across 5 years, with a median of $27.6 million in 2025.
  • On a YoY basis, Change in Taxes climbed as much as 521.01% in 2025 and fell as far as 274.53% in 2025.
  • Year by year, Change in Taxes stood at $38.4 million in 2022, then plunged by 144.51% to -$17.1 million in 2023, then surged by 248.78% to $25.5 million in 2024, then increased by 28.19% to $32.6 million in 2025, then slumped by 31.12% to $22.5 million in 2026.
  • Per Business Quant data, the three most recent Change in Taxes figures were $22.5 million in Q1 2026, $32.6 million in Q4 2025, and $53.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (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 22.47 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 - -
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 - -

Historic Data

Download Data
DateValue
Mar 31, 2026 22.47 Mn
Mar 31, 2026 22.47 Mn
Dec 31, 2025 32.63 Mn
Dec 31, 2025 32.63 Mn
Sep 30, 2025 53.94 Mn
Sep 30, 2025 53.94 Mn
Jun 30, 2025 -61.19 Mn
Jun 30, 2025 -61.19 Mn
Mar 31, 2025 27.64 Mn
Mar 31, 2025 27.64 Mn
Dec 31, 2024 25.45 Mn
Dec 31, 2024 25.45 Mn
Sep 30, 2024 23.15 Mn
Sep 30, 2024 23.15 Mn
Jun 30, 2024 35.06 Mn
Jun 30, 2024 35.06 Mn
Mar 31, 2024 4.45 Mn
Mar 31, 2024 4.45 Mn
Dec 31, 2023 -17.11 Mn
Dec 31, 2023 -17.11 Mn