PennyMac Financial Services, Inc. (PFSI) — Financial statements
Income statement, balance sheet, and cash flow for PennyMac Financial Services, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,364↑173.8% | 1,594↓21.8% | 2,039↓12.2% | 2,321↓34.8% | 3,559 | |
| Cost of Revenue | 375↑886.0% | 38↓96.8% | 1,192↑17.5% | 1,014↓28.8% | 1,426 | |
| Gross Profit | 3,989↑156.4% | 1,556↑83.6% | 847↓35.2% | 1,307↓38.7% | 2,133 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00↓100.0% | 150 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 783↑23.7% | 633↑187.0% | 220↓24.3% | 291↓30.0% | 416 | |
| Selling & Marketing Expenses | 46↑110.0% | 22↑24.6% | 18↓62.3% | 47↑4.4% | 45 | |
| SG&A Expenses | 829↑26.6% | 655↑175.0% | 238↓29.6% | 338↓26.7% | 461 | |
| Other Expenses | 1,648↑1202.1% | -150↓158.6% | 255↓8.8% | 280↓10.4% | 313 | |
| Operating Expenses | 2,477↑278.4% | 655↑32.7% | 493↓20.2% | 618↓20.1% | 774 | |
| Total Costs & Expenses | 2,852↑311.7% | 693↓58.9% | 1,685↑3.2% | 1,633↓25.8% | 2,199 | |
| Operating Results | ||||||
| Operating Income | 1,512↑67.8% | 901↑154.5% | 354↓48.6% | 689↓49.3% | 1,359 | |
| Depreciation & Amortization | 0.00↓100.0% | 70↓0.5% | 70↑39.4% | 50↑17.0% | 43 | |
| EBITDA | 1,512↑219.5% | 473↑11.6% | 424↓42.6% | 739↓47.3% | 1,402 | |
| EBIT | 1,512↑274.7% | 404↑14.0% | 354↓48.6% | 689↓49.3% | 1,359 | |
| Interest & Other Income | ||||||
| Net Interest Income | -36↓40.1% | -26 | 0.00 | 0.00 | 0.00 | |
| Interest Income | 924↑16.5% | 794 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 961↑17.2% | 819 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | 0.00↓100.0% | 498 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -961↓92.1% | -500↓193.4% | -170↓626.8% | -23↓15325.0% | -0.15 | |
| Income Before Tax | 551↑37.5% | 401↑118.4% | 184↓72.4% | 665↓51.1% | 1,359 | |
| Income Tax Expense | 50↓43.8% | 90↑129.9% | 39↓79.5% | 190↓46.7% | 356 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 501↑60.9% | 311↑115.3% | 145↓69.6% | 476↓52.6% | 1,003 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 501↑60.9% | 311↑115.3% | 145↓69.6% | 476↓52.6% | 1,003 | |
| Bottom-Line Net Income | 501↑60.9% | 311↑115.3% | 145↓69.6% | 476↓52.6% | 1,003 | |
| EPS (Basic) | 9.69↑58.6% | 6.11↑111.4% | 2.89↓67.7% | 8.96↓43.0% | 15.73 | |
| EPS (Diluted) | 9.30↑59.2% | 5.84↑113.1% | 2.74↓67.8% | 8.50↓42.8% | 14.87 | |
| Weighted Average Shares | 52↑1.4% | 51↑2.0% | 50↓5.8% | 53↓16.8% | 64 | |
| Weighted Average Diluted Shares | 54↑1.0% | 53↑1.2% | 53↓5.7% | 56↓17.1% | 67 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.