NEWT

MKT CAP:$366M

NewtekOne, Inc.

Market Cap

$366M

Financial Services·Asset Management·🇺🇸 United States·NASDAQ

Financials·Asset Management·🇺🇸·NASDAQ

Stock Price

$12.74+$1.31 (+11.46%)

Apr 24, 2026

Company Details

NewtekOne, Inc. is a financial holding company, which engages in the provision of business and financial solutions. Its brands include Newtek Bank, Newtek Lending, Newtek Payments, Newtek Insurance, Newtek Payroll, and Newtek Technology. Th...

CEO

Barry Scott Sloane

IPO Date

Sep 27, 2000

Website

www.newtekone.com

Key Metrics TTM

Revenue

$344M

+8.0% YoY

Net Income

$61M

EPS (Diluted)

$2.33

Free Cash Flow

$15.0K

Revenue / Share

$13.43

Gross Margin

64.6%

Operating Margin

27.8%

Net Margin

17.6%

FCF Margin

0.0%

P/S

1.1x

P/E

6.1x

Earnings Reports

Q1 2026

Apr 30, 2026

PENDING

FY 2025

Mar 10, 2026

$322M+1.0%EPS $2.36

Q4 2025

Mar 10, 2026

$75M-19.1%EPS $0.76

Q3 2025

Nov 7, 2025

$95M+20.8%EPS $0.70

Q2 2025

Aug 8, 2025

$88M+16.8%EPS $0.52

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$30M	$25M	$11M
Q2 22	$34M	$28M	$13M
Q3 22	$35M	$28M	$11M
Q4 22	$33M	$24M	$4M
Q1 23	$57M	$41M	$7M
Q2 23	$62M	$43M	$10M
Q3 23	$63M	$41M	$14M
Q4 23	$67M	$44M	$16M
Q1 24	$72M	$49M	$13M
Q2 24	$76M	$50M	$15M
Q3 24	$79M	$51M	$17M
Q4 24	$93M	$61M	$24M
Q1 25	$86M	$48M	$12M
Q2 25	$88M	$57M	$19M
Q3 25	$95M	$63M	$25M
Q4 25	$75M	$55M	$40M

Valuation

Quarter	P/S	P/E
Q1 22	2.5x	5.8x
Q2 22	2.5x	6.1x
Q3 22	2.6x	6.7x
Q4 22	2.8x	11.3x
Q1 23	2.3x	8.9x
Q2 23	2.0x	10.6x
Q3 23	1.7x	10.7x
Q4 23	1.5x	6.6x
Q1 24	1.4x	7.9x
Q2 24	1.3x	7.3x
Q3 24	1.3x	7.1x
Q4 24	1.1x	7.2x
Q1 25	1.1x	7.2x
Q2 25	1.1x	6.9x
Q3 25	1.0x	6.2x
Q4 25	1.1x	6.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$6M	$6M
Q2 22	-$72M	-$72M
Q3 22	-$62M	-$62M
Q4 22	$65M	$65M
Q1 23	-$116M	-$117M
Q2 23	-$86M	-$86M
Q3 23	$101M	$101M
Q4 23	-$53M	-$53M
Q1 24	-$39M	-$39M
Q2 24	-$27M	-$27M
Q3 24	-$26M	-$26M
Q4 24	-$92M	-$92M
Q1 25	-$61M	-$61M
Q2 25	-$200M	-$200M
Q3 25	-$167M	-$167M
Q4 25	$428M	$428M

Capital Expenditures

Quarter	CapEx
Q1 22	$0
Q2 22	$11.0K
Q3 22	$0
Q4 22	$0
Q1 23	$165.0K
Q2 23	$36.0K
Q3 23	$164.0K
Q4 23	$165.0K
Q1 24	$57.0K
Q2 24	$71.0K
Q3 24	$247.0K
Q4 24	$64.0K
Q1 25	$37.0K
Q2 25	$54.0K
Q3 25	$5.0K
Q4 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	-40.4%	-0.6%
Q2 22	-8.0%	+2.1%
Q3 22	-9.6%	+22.4%
Q4 22	-23.2%	+23.0%
Q1 23	+88.7%	+157.9%
Q2 23	+81.7%	+143.9%
Q3 23	+80.6%	+107.9%
Q4 23	+105.4%	+78.0%
Q1 24	+26.6%	+17.1%
Q2 24	+22.1%	+16.2%
Q3 24	+25.0%	+26.8%
Q4 24	+38.9%	+36.4%
Q1 25	+19.9%	+26.8%
Q2 25	+16.8%	+14.3%
Q3 25	+20.8%	+13.6%
Q4 25	-19.1%	-49.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	-$1M	-3.6%
Q4 22	$0	0.0%
Q1 23	$739.0K	1.3%
Q2 23	$684.0K	1.1%
Q3 23	$592.0K	0.9%
Q4 23	$799.0K	1.2%
Q1 24	$681.0K	1.0%
Q2 24	$662.0K	0.9%
Q3 24	$918.0K	1.2%
Q4 24	$2M	1.9%
Q1 25	$2M	2.1%
Q2 25	$2M	1.8%
Q3 25	$618.0K	0.7%
Q4 25	-$6M	-7.8%

OpEx Breakdown

Quarter	G&A
Q1 22	$7M
Q2 22	$7M
Q3 22	$7M
Q4 22	$5M
Q1 23	$24M
Q2 23	$23M
Q3 23	$18M
Q4 23	$20M
Q1 24	$26M
Q2 24	$25M
Q3 24	$24M
Q4 24	$24M
Q1 25	$29M
Q2 25	$30M
Q3 25	$27M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$5M	$0	$5M
Q2 22	$4M	$0	$4M
Q3 22	$7M	$0	$7M
Q4 22	$54M	$0	$54M
Q1 23	$125M	$0	$125M
Q2 23	$190M	$2M	$192M
Q3 23	$153M	$33M	$186M
Q4 23	$153M	$0	$153M
Q1 24	$127M	$0	$127M
Q2 24	$170M	$28M	$198M
Q3 24	$162M	$0	$162M
Q4 24	$353M	$0	$353M
Q1 25	$270M	$0	$270M
Q2 25	$190M	$0	$190M
Q3 25	$192M	$18M	$210M
Q4 25	$310M	$0	$310M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	24M	+1.6%	+8.1%
Q2 22	24M	+0.0%	+7.3%
Q3 22	24M	+0.6%	+7.8%
Q4 22	24M	+0.5%	+2.7%
Q1 23	25M	+3.3%	+4.5%
Q2 23	26M	+1.4%	+5.9%
Q3 23	25M	-3.6%	+1.5%
Q4 23	24M	-0.9%	+0.1%
Q1 24	24M	-0.4%	-3.5%
Q2 24	25M	+1.4%	-3.4%
Q3 24	25M	0.0%	+0.2%
Q4 24	26M	+6.4%	+7.6%
Q1 25	26M	-2.8%	+4.9%
Q2 25	26M	+0.4%	+3.8%
Q3 25	26M	0.0%	+3.8%
Q4 25	26M	0.0%	-2.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$288.2K	104
Q2 22	$328.0K	104
Q3 22	$335.1K	104
Q4 22	$313.0K	104
Q1 23	$543.9K	104
Q2 23	$596.2K	104
Q3 23	$605.2K	104
Q4 23	$126.6K	528
Q1 24	$135.6K	528
Q2 24	$143.3K	528
Q3 24	$149.0K	528
Q4 24	$157.2K	591
Q1 25	$145.2K	591
Q2 25	$149.5K	591
Q3 25	$160.8K	591
Q4 25	$127.2K	591

Revenue / Employee