Reported results
- GAAP net income was $76.2 million, or $2.13 per share, for the third quarter of 2026, compared with GAAP net income of $106.7 million, or $2.94 per share, for the third quarter of 2025.
- Non-GAAP net income, excluding derivative market value adjustments, was $67.9 million, or $1.89 per share, for the third quarter of 2026, compared with $107.3 million, or $2.95 per share, for the third quarter of 2025.
- Asset Generation and Management (AGM) operating segment reported loan and investment net interest income of $65.2 million for the third quarter of 2026, compared with $44.7 million for the same period in 2025.
- Loan Servicing and Systems segment revenue was $139.8 million for the third quarter of 2026, compared with $151.1 million for the third quarter of 2025.
- Education Technology Services and Payments segment revenue was $132.9 million for the third quarter of 2026, compared with $129.3 million for the third quarter of 2025.
Price and volatility reaction
The stock moved +2.8% on the print. No front-expiry chain was on file, so there is no straddle expected move.
| Measure | Value | Basis |
|---|---|---|
| Close before release | 127.01 | 2026-11-05 |
| Close after release | 130.53 | 2026-11-06 |
| Realised move | +2.8% | close to close |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-05 (8-K, Item 2.02). Read the original filing on sec.gov.
