Rithm Capital (RITM)
Combines mortgage servicing, transitional lending, investment portfolios, and alternative asset management.
$9.70
After hours+0.05 (+0.57%)
At close$9.65(+0.99%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 686 | 1,401 | 929 | 1,221 | 1,628 | 1,090 | 1,322 | 1,234 | 1,334 | 1,663 | 1,380 | 1,282 |
| Cost of revenue | 70 | 35 | 65 | 58 | 86 | 83 | 93 | 89 | 103 | 151 | 431 | 464 |
| Gross profit | 616 | 1,366 | 864 | 1,163 | 1,542 | 1,007 | 1,229 | 1,145 | 1,231 | 1,513 | 950 | 818 |
| −48 | 1,008 | 58 | 389 | 967 | 67 | 738 | 404 | 575 | 866 | 807 | 811 | |
| 254 | 299 | 299 | 341 | 369 | 371 | 345 | 370 | 237 | 0 | 336 | 718 | |
| General & administrative | 254 | 299 | 299 | 341 | 369 | 371 | 345 | 370 | 237 | 0 | 336 | 718 |
| Other expenses | −302 | 710 | −241 | 48 | 598 | −304 | 393 | 33 | 338 | 866 | 471 | 94 |
| Operating income | 663 | 358 | 806 | 774 | 575 | 941 | 491 | 741 | 655 | 646 | 143 | 7 |
| −389 | −395 | −425 | −483 | −530 | −448 | −434 | −435 | −418 | −440 | 12 | 80 | |
| Interest income | 0 | 0 | 435 | 479 | 551 | 491 | 441 | 478 | 454 | 501 | 462 | 475 |
| Interest expense | 0 | 0 | 425 | 483 | 530 | 449 | 434 | 435 | 418 | 440 | 431 | 464 |
| Other non-operating income | 0 | 395 | 0 | 0 | 0 | −1 | 0 | 0 | 418 | 0 | 12 | 0 |
| Income before tax | 274 | −37 | 381 | 290 | 45 | 493 | 57 | 306 | 237 | 206 | 154 | 87 |
| Income tax expense | 53 | 30 | 93 | 52 | −78 | 201 | −24 | −12 | 8 | 116 | 45 | 19 |
| Net income from continuing operations | 221 | −67 | 287 | 239 | 124 | 292 | 81 | 318 | 229 | 91 | 109 | 68 |
| Net income | 216 | −65 | 284 | 236 | 122 | 290 | 63 | 312 | 222 | 85 | 109 | 56 |
| EPS, basic | $0.40 | −$0.18 | $0.54 | $0.44 | $0.20 | $0.51 | $0.07 | $0.54 | $0.36 | $0.09 | $0.12 | $0.04 |
| EPS, diluted | $0.40 | −$0.18 | $0.54 | $0.43 | $0.20 | $0.50 | $0.07 | $0.53 | $0.35 | $0.09 | $0.12 | $0.04 |
| Weighted average shares, basic | 483 | 483 | 483 | 487 | 491 | 520 | 524 | 530 | 542 | 565 | 557 | 558 |
| Weighted average shares, diluted | 484 | 483 | 486 | 491 | 497 | 526 | 531 | 537 | 551 | 565 | 566 | 568 |
| EBITDA | 671 | −30 | 814 | 781 | 610 | 950 | 498 | 749 | 260 | 682 | 223 | 100 |
| Depreciation & amortization | 8 | 7 | 8 | 7 | 35 | 8 | 7 | 7 | 23 | 36 | 93 | 94 |
| EBIT | 663 | −37 | 806 | 774 | 575 | 942 | 491 | 741 | 237 | 646 | 131 | 7 |