Rithm Capital Corp. income statement
In fiscal 2025, Rithm Capital Corp. reported revenue of $4.59bn, down 6.7% on the year before and net income of $697m, or $1.04 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,279 | 2,422 | 1,667 | 3,729 | 4,921 | 3,733 | 4,917 | 4,590 | 5,710 |
| General and administrative | 442 | 496 | 548 | 866 | 896 | 761 | 868 | 1,012 | 1,333 |
| Interest expense | 606 | 934 | 584 | 497 | 791 | 1,421 | — | — | — |
| Net interest income | 1,058 | 832 | — | — | — | — | — | — | — |
| Provision for credit losses | 61 | 10 | 124 | −48 | 15 | −0 | −0 | −5 | 4 |
| Income before tax | 931 | 648 | −1,341 | 964 | 1,263 | 753 | 1,209 | 806 | 967 |
| Income tax | −73 | 42 | 17 | 158 | 280 | 122 | 267 | 88 | 437 |
| Net income | 964 | 550 | −1,465 | 705 | 865 | 622 | 932 | 697 | 497 |
| Diluted EPS | $2.81 | $1.34 | −$3.52 | $1.51 | $1.80 | $1.10 | $1.67 | $1.04 | $0.88 |
| Diluted shares (average) | 343m | 409m | 416m | 468m | 482m | 484m | 500m | 546m | 568m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,567 | 977 | 1,217 | 1,106 | 1,291 | 1,380 | 1,282 | 1,756 |
| General and administrative | 234 | 213 | 216 | 214 | 369 | 336 | 307 | 321 |
| Provision for credit losses | 3 | −2 | −1 | −1 | −1 | 0 | −0 | 5 |
| Income before tax | 493 | 57 | 306 | 237 | 206 | 154 | 87 | 519 |
| Income tax | 201 | −24 | −12 | 8 | 116 | 45 | 19 | 258 |
| Net income | 290 | 79 | 312 | 222 | 85 | 103 | 56 | 253 |
| Diluted EPS | $0.51 | $0.07 | $0.53 | $0.35 | $0.09 | $0.12 | $0.04 | $0.38 |
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