PennyMac Financial Services (PFSI) Cost of Revenue (2017 - 2026)

PennyMac Financial Services (PFSI) has reported Cost of Revenue for 9 consecutive years, with $21.1 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 123.64% year-over-year to $21.1 million; the TTM figure through Mar 2026 stood at $57.8 million (up 108.45% YoY), while the FY2025 annual figure was $46.1 million, up 110.02% from the prior year.
• Cost of Revenue rose to $21.1 million in Q1 2026 per PFSI's latest filing, from $10.3 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $22.4 million in Q1 2022 and bottomed at $3.2 million in Q1 2023.
• Historically, Cost of Revenue has averaged $9.0 million across 5 years, with a median of $7.6 million in 2022.
• Annual changes were most pronounced in 2022 — Cost of Revenue surged 236.13% — and 2023, when it plunged 85.53%.
• PennyMac Financial Services' Cost of Revenue stood at $3.8 million in 2022, then advanced by 11.44% to $4.2 million in 2023, then soared by 85.77% to $7.8 million in 2024, then soared by 32.69% to $10.3 million in 2025, then jumped by 104.74% to $21.1 million in 2026.
• Business Quant data shows PFSI's Cost of Revenue at $21.1 million in Q1 2026, $10.3 million in Q4 2025, and $14.0 million in Q3 2025.