Rithm Capital Corp. (RITM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 1.38B | 1.66B | 1.33B | 1.23B | 1.32B | 1.09B | 1.63B | 1.22B | 928.95M | 1.4B | 685.65M | 683.06M | 922.73M | 884.19M | 302.3M | 287.25M | 987.04M | 923.95M | 803.72M | 504.38M |
| Revenue Growth % | 4.43% | 52.59% | -18.09% | 1.08% | 42.28% | -22.22% | 137.48% | 78.77% | 0.67% | 58.49% | 126.81% | 137.79% | -6.52% | -4.3% | -62.39% | -43.05% | 65.66% | 94.43% | 36.84% | 64.53% |
| Property Operating Expenses | 430.66M | 150.52M | 102.94M | 89.3M | 93.14M | 82.75M | 86.39M | 58.45M | 64.98M | 35.2M | 70.06M | 74.49M | 45.46M | 42.71M | 47.07M | 470.36M | 81.38M | 21.37M | 96.59M | 74.51M |
| Net Operating Income (NOI) | 949.57M | 1.51B | 1.23B | 1.15B | 1.23B | 1.01B | 1.54B | 1.16B | 863.96M | 1.37B | 615.59M | 608.57M | 877.27M | 841.48M | 255.23M | -183.11M | 905.65M | 902.58M | 707.12M | 429.87M |
| NOI Margin % | 68.8% | 90.95% | 92.28% | 92.77% | 92.95% | 92.41% | 94.69% | 95.21% | 93% | 97.49% | 89.78% | 89.09% | 95.07% | 95.17% | 84.43% | -63.75% | 91.75% | 97.69% | 87.98% | 85.23% |
| Operating Expenses | 807.06M | 866.36M | 575.43M | 403.62M | 738.05M | 66.67M | 966.85M | 389.06M | 57.8M | 1.01B | -47.64M | -171.2M | 499.91M | 474.93M | -145.88M | -443.75M | -129.64M | 541.86M | 368.57M | 213.18M |
| G&A Expenses | 336M | 0 | 237.09M | 370.29M | 344.9M | 370.63M | 368.93M | 341.23M | 298.73M | 298.56M | 254M | 253.94M | 250.89M | 282.4M | 376.42M | 411.25M | 464.88M | 517.44M | 371.64M | 228.33M |
| EBITDA | 235.16M | 682.31M | 678.43M | 748.74M | 497.91M | 948.29M | 609.86M | 780.91M | 813.86M | 365.25M | 670.73M | 786.77M | 384.26M | 373.06M | 406.91M | 263.15M | 1.04B | 363.62M | 340.45M | 217.62M |
| EBITDA Margin % | 17.04% | 41.02% | 50.87% | 60.66% | 37.67% | 87% | 37.45% | 63.95% | 87.61% | 26.06% | 97.82% | 115.18% | 41.64% | 42.19% | 134.6% | 91.61% | 105.3% | 39.35% | 42.36% | 43.15% |
| Depreciation & Amortization | 92.64M | 35.98M | 23.13M | 7.3M | 7.4M | 7.7M | 34.81M | 7.3M | 7.7M | 7.2M | 7.5M | 7M | 6.9M | 6.5M | 5.8M | 2.52M | 4.08M | 2.9M | 1.9M | 929K |
| D&A / Revenue % | 6.71% | 2.16% | 1.73% | 0.59% | 0.56% | 0.71% | 2.14% | 0.6% | 0.83% | 0.51% | 1.09% | 1.02% | 0.75% | 0.74% | 1.92% | 0.88% | 0.41% | 0.31% | 0.24% | 0.18% |
| Operating Income | 142.52M | 646.33M | 655.3M | 741.44M | 490.51M | 940.59M | 575.04M | 773.61M | 806.16M | 358.05M | 663.23M | 779.77M | 377.36M | 366.56M | 401.11M | 260.64M | 1.04B | 360.72M | 338.55M | 216.69M |
| Operating Margin % | 10.33% | 38.86% | 49.14% | 60.07% | 37.11% | 86.29% | 35.32% | 63.35% | 86.78% | 25.55% | 96.73% | 114.16% | 40.9% | 41.46% | 132.69% | 90.74% | 104.89% | 39.04% | 42.12% | 42.96% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Coverage | 0.30x | 1.47x | 0.57x | 1.70x | 1.13x | 2.10x | 1.09x | 1.60x | 1.90x | - | - | - | - | - | - | - | - | - | - | - |
| Non-Operating Income | 11.72M | 1K | 418.43M | 0 | 0 | -1.39M | 0 | 0 | 0 | 395.35M | 389.46M | 336.56M | 304.21M | 278.77M | 224.83M | 154.62M | 142.57M | 143.4M | 136.31M | 72.04M |
| Pretax Income | 154.24M | 206.32M | 236.87M | 306.41M | 56.78M | 492.6M | 45.15M | 290.17M | 380.9M | -37.3M | 273.78M | 443.21M | 73.14M | 87.79M | 176.27M | 106.02M | 892.72M | 217.32M | 202.24M | 144.65M |
| Pretax Margin % | 11.17% | 12.41% | 17.76% | 24.82% | 4.3% | 45.19% | 2.77% | 23.76% | 41% | -2.66% | 39.93% | 64.89% | 7.93% | 9.93% | 58.31% | 36.91% | 90.44% | 23.52% | 25.16% | 28.68% |
| Income Tax | 44.76M | 115.75M | 8.07M | -11.6M | -23.93M | 200.69M | -78.43M | 51.65M | 93.41M | 29.85M | 52.59M | 56.53M | -16.81M | -18.05M | 22.08M | 72.69M | 202.79M | 29.48M | 31.56M | -1.08M |
| Effective Tax Rate % | 29.02% | 56.1% | 3.41% | -3.79% | -42.15% | 40.74% | -173.72% | 17.8% | 24.52% | -80.02% | 19.21% | 12.75% | -22.98% | -20.56% | 12.53% | 68.56% | 22.72% | 13.57% | 15.6% | -0.74% |
| Net Income | 109.48M | 84.99M | 221.54M | 311.72M | 63.2M | 290.17M | 121.74M | 235.56M | 284.04M | -65.13M | 216.34M | 379.8M | 91.25M | 104.17M | 146.88M | 19.15M | 684.32M | 182.93M | 161.68M | 135.67M |
| Net Margin % | 7.93% | 5.11% | 16.61% | 25.25% | 4.78% | 26.62% | 7.48% | 19.29% | 30.58% | -4.65% | 31.55% | 55.6% | 9.89% | 11.78% | 48.59% | 6.67% | 69.33% | 19.8% | 20.12% | 26.9% |
| Net Income Growth % | 73.22% | -70.71% | 81.97% | 32.33% | -77.75% | 545.52% | -43.73% | -37.98% | 211.27% | -162.53% | 47.29% | 1883.37% | -86.67% | -43.06% | -9.15% | -85.89% | 134.4% | 120.49% | 75.21% | 2371.73% |
| Funds From Operations (FFO) | 202.12M | 120.98M | 244.67M | 319.02M | 70.6M | 297.87M | 156.56M | 242.86M | 291.74M | -57.93M | 223.84M | 386.8M | 98.15M | 110.67M | 152.68M | 21.67M | 688.4M | 185.83M | 163.58M | 136.6M |
| FFO Margin % | 14.64% | 7.27% | 18.35% | 25.84% | 5.34% | 27.33% | 9.61% | 19.89% | 31.4% | -4.13% | 32.65% | 56.63% | 10.64% | 12.52% | 50.51% | 7.54% | 69.74% | 20.11% | 20.35% | 27.08% |
| FFO Growth % | 186.29% | -59.39% | 56.28% | 31.36% | -75.8% | 614.18% | -30.06% | -37.21% | 197.24% | -152.35% | 46.61% | 1685.27% | -85.74% | -40.45% | -6.66% | -84.14% | 135.5% | 123.57% | 76.96% | 2253.58% |
| FFO per Share | 0.36 | 0.21 | 0.44 | 0.59 | 0.13 | 0.57 | 0.32 | 0.49 | 0.60 | -0.12 | 0.46 | 0.80 | 0.20 | 0.23 | 0.32 | 0.05 | 1.42 | 0.38 | 0.34 | 0.29 |
| FFO Payout Ratio % | 85.33% | 137.57% | 65.64% | 49.91% | 222.34% | 52.35% | 92.96% | 59.01% | 49.12% | -247.35% | 64.03% | 37.05% | 143.63% | 127.28% | 91.14% | 642.06% | 20.22% | 62.77% | 57.05% | 60.73% |
| EPS (Diluted) | 0.12 | 0.09 | 0.35 | 0.53 | 0.07 | 0.50 | 0.20 | 0.43 | 0.54 | -0.18 | 0.40 | 0.74 | 0.14 | 0.17 | 0.31 | 0.04 | 1.41 | 0.33 | 0.30 | 0.26 |
| EPS Growth % | 74.42% | -82% | 75% | 23.26% | -87.26% | 377.78% | -50% | -41.89% | 285.71% | -205.88% | 29.03% | 1704.88% | -90.07% | -48.48% | 3.33% | -84.23% | 116.92% | 106.25% | 57.89% | 1869.7% |
| EPS (Basic) | 0.12 | 0.09 | 0.36 | 0.54 | 0.07 | 0.51 | 0.20 | 0.44 | 0.54 | -0.18 | 0.40 | 0.74 | 0.14 | 0.17 | 0.31 | 0.04 | 1.47 | 0.34 | 0.31 | 0.27 |
| Diluted Shares Outstanding | 565.93M | 564.69M | 551.3M | 537.35M | 530.6M | 526.28M | 496.8M | 490.98M | 485.93M | 483.21M | 484.35M | 483.38M | 482.85M | 480.85M | 476.8M | 466.8M | 484.43M | 485.38M | 482.28M | 472.73M |