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| Date | Value |
|---|---|
| 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 |