PennyMac Financial Services (PFSI) Gross Margin (2017 - 2026)

PennyMac Financial Services (PFSI) has reported Gross Margin for 9 consecutive years, with 96.6% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin fell 61.0% year-over-year to 96.6% in Q2 2026; TTM through Jun 2026 was 97.18%, a 84.0% decrease from a year earlier, with the FY2025 full-year figure at 97.75%, down 88.0% from the prior year.
• Gross Margin was 96.6% for Q2 2026 at PennyMac Financial Services, roughly flat from 96.13% in the prior quarter.
• Over five years, Gross Margin peaked at 98.93% in Q1 2023 and troughed at 96.13% in Q1 2026.
• A 5-year average of 98.03% and a median of 98.35% in 2024 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin plunged 270 bps in 2022 and surged 234 bps in 2023, its largest moves.
• Over 5 years, Gross Margin stood at 98.9% in 2022, then declined by 0 bps to 98.85% in 2023, then dropped by 1 bps to 98.35% in 2024, then fell by 0 bps to 98.08% in 2025, then retreated by 2 bps to 96.6% in 2026.
• The last three Gross Margin figures came in at 96.6% (Q2 2026), 96.13% (Q1 2026), and 98.08% (Q4 2025), per Business Quant data.