NewtekOne, Inc. (NEWT) Income Statement
NEWT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsNEWT revenue and net income
Where NEWT's revenue goes
2025Each bar shows an amount and its share of revenue. NEWT kept 18.8% of revenue as net income.
NEWT profit margins
NEWT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +1.0% | +34.8% | +28.3% | +28.6% |
| Gross profit | +14.7% | +32.1% | +26.5% | +33.7% |
| Operating income | +99.1% | +52.2% | +33.2% | — |
| Net income | +19.0% | +23.3% | +12.5% | +5.4% |
| EPS (diluted) | +12.3% | +0.6% | +1.2% | +0.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NEWT quarterly EPS vs estimates
NewtekOne beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 28, 2026 (estimate $0.40).
NEWT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $322.2M | $318.9M | $252.8M | $131.5M | $168.3M | $92.8M | $88.8M | $49.5M | $38.9M | $31.0M |
| Cost of revenue | $79.6M | $107.3M | $79.4M | $26.3M | $20.5M | $17.9M | $14.3M | $21.1M | $19.3M | $15.2M |
| Gross profit | $242.6M | $211.5M | $173.4M | $105.2M | $147.8M | $75.0M | $45.0M | $28.4M | $19.6M | $15.7M |
| Research & development | — | — | $0 | $0 | $1 | $0 | $0 | $0 | $0 | $0 |
| Sales, general & admin | $113.4M | $99.2M | $88.1M | $48.0M | $37.6M | $9.4M | $10.2M | $39.4M | $10.3M | $31.5M |
| Total operating expenses | $105.8M | $142.8M | $128.0M | $66.4M | $62.3M | $42.3M | $62.6M | $40.9M | $35.4M | $31.8M |
| Operating income | $136.8M | $68.7M | $45.4M | $38.8M | $85.5M | $32.6M | $11.9M | −$12.5M | −$15.8M | −$16.1M |
| Interest income | $158.4M | $121.4M | $80.6M | $38.6M | $79.0M | $64.8M | $29.5M | $23.8M | $18.7M | $11.5M |
| Interest expense | $56.6M | $81.1M | $67.7M | $26.3M | $20.5M | $17.9M | $20.4M | $16.1M | $11.4M | $8.4M |
| Income before taxes | $80.0M | $68.7M | $45.4M | $38.8M | $85.5M | $32.6M | $44.3M | $36.8M | $41.2M | $32.4M |
| Income taxes | $19.5M | $17.8M | −$2.0M | $6.5M | $1.3M | −$999,000 | $3.2M | $1.1M | $2.2M | $5.1M |
| Net income | $60.5M | $50.9M | $47.3M | $32.3M | $84.1M | $33.6M | $41.1M | $35.7M | $39.0M | $27.3M |
| EBITDA | $137.5M | $70.5M | $48.3M | $39.0M | $85.8M | $33.0M | $65.2M | $53.2M | $38.9M | −$524,000 |
| EPS (diluted) | $2.19 | $1.95 | $1.61 | $2.15 | $3.47 | $2.06 | $2.32 | $1.95 | $1.77 | $1.60 |
| Gross margin | 75.3% | 66.3% | 68.6% | 80.0% | 87.8% | 80.7% | 50.7% | 57.4% | 50.4% | 50.8% |
| Operating margin | 42.5% | 21.5% | 17.9% | 29.5% | 50.8% | 35.1% | 13.4% | −25.3% | −40.5% | −51.8% |
| Net margin | 18.8% | 15.9% | 18.7% | 24.6% | 50.0% | 36.2% | 46.3% | 72.1% | 100.2% | 88.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $95.2M | $73.3M | $75.2M | $95.1M | $88.4M | $85.8M | $92.9M | $78.7M | $75.7M | $71.6M | $49.9M | $62.9M |
| Cost of revenue | $12.5M | $13.3M | $20.7M | $32.3M | $31.7M | $37.5M | $31.9M | $27.2M | $26.0M | $22.2M | $3.1M | $22.1M |
| Gross profit | $82.6M | $60.0M | $54.5M | $62.8M | $56.7M | $48.4M | $61.0M | $51.5M | $49.7M | $49.4M | $46.8M | $40.8M |
| Sales, general & admin | $28.1M | $28.4M | $27.8M | $26.9M | $30.0M | $28.7M | $24.4M | $24.0M | $25.2M | $25.6M | $20.4M | $19.6M |
| Total operating expenses | $32.2M | $13.9M | $14.4M | $37.7M | $37.9M | $36.7M | $37.2M | $34.4M | $34.9M | $36.3M | $6.1M | $26.5M |
| Operating income | $50.5M | $46.1M | $40.1M | $25.1M | $18.8M | $11.6M | $23.8M | $17.1M | $14.8M | $13.1M | $40.7M | $14.3M |
| Interest income | $46.3M | $46.2M | $44.9M | $39.1M | $36.5M | $37.9M | $33.7M | $31.3M | $29.4M | $27.1M | $26.4M | $26.7M |
| Interest expense | $31.3M | $29.0M | $15.6M | $24.5M | $22.6M | $24.0M | $22.4M | $20.3M | $20.2M | $18.2M | $18.1M | $18.7M |
| Income before taxes | $19.1M | $17.1M | $24.5M | $25.1M | $18.8M | $11.6M | $23.8M | $17.1M | $14.8M | $13.1M | $18.0M | $14.3M |
| Income taxes | $4.5M | $3.7M | $4.9M | $7.2M | $5.1M | $2.3M | $5.4M | $5.1M | $3.8M | $3.4M | $4.6M | $3.4M |
| Net income | $14.6M | $13.4M | $19.5M | $17.9M | $13.7M | $9.4M | $18.3M | $11.9M | $10.9M | $9.7M | $13.4M | $10.9M |
| EBITDA | $50.7M | $46.1M | $40.2M | $25.2M | $19.0M | $11.8M | $24.0M | $17.6M | $15.3M | $13.6M | $41.3M | $15.1M |
| EPS (diluted) | $0.47 | $0.43 | $0.65 | $0.67 | $0.52 | $0.35 | $0.69 | $0.45 | $0.43 | $0.38 | $0.53 | $0.37 |
| Gross margin | 86.8% | 81.9% | 72.5% | 66.1% | 64.1% | 56.4% | 65.7% | 65.4% | 65.6% | 69.0% | 93.8% | 64.9% |
| Operating margin | 53.0% | 62.9% | 53.4% | 26.4% | 21.2% | 13.6% | 25.6% | 21.7% | 19.5% | 18.3% | 81.5% | 22.8% |
| Net margin | 15.4% | 18.3% | 26.0% | 18.8% | 15.5% | 10.9% | 19.7% | 15.2% | 14.5% | 13.5% | 26.8% | 17.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NEWT's financial statements (latest annual report filed March 10, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NEWT financial results
In fiscal year 2025 (ended December 31, 2025), NewtekOne reported revenue of $322.2 million, up 1.0% from the year before. It had net income of $60.5 million (up 19.0%), a net profit margin of 18.8%. Diluted earnings per share came to $2.19. Over five years revenue grew at an average rate of 28.3% a year.
See the NEWT stock overview for the latest quote and news, or the NEWT chart for price history and technical indicators.
NEWT income statement FAQ
What is NewtekOne's annual revenue?
NewtekOne reported total revenue of $322.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 1.0% from $318.9 million the previous year.
Is NewtekOne profitable?
Yes. NewtekOne reported net income of $60.5 million in fiscal 2025, a net profit margin of 18.8%; its operating margin was 42.5%.
What is NewtekOne's gross margin?
NewtekOne's gross margin was 75.3% in fiscal 2025: for every $100 of revenue, NewtekOne kept $75 after the direct cost of its products and services.
How fast is NewtekOne growing?
Revenue grew 28.3% a year on average over the last five fiscal years, from $92.8 million to $322.2 million.
What are NewtekOne's earnings per share?
NewtekOne earned $2.19 per diluted share in fiscal 2025, compared with $1.95 a year earlier.
When will NewtekOne report its next earnings?
NewtekOne is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does NewtekOne's fiscal year end?
NewtekOne's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 10, 2026.