Rithm Capital Corp. (RITM) Income Statement
RITM 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsRITM revenue and net income
Where RITM's revenue goes
2025Each bar shows an amount and its share of revenue. RITM kept 12.0% of revenue as net income.
RITM profit margins
RITM growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +20.0% | +50.5% | — | +32.6% |
| Gross profit | +15.0% | +71.1% | — | +31.3% |
| Operating income | −18.2% | +7.5% | — | +16.9% |
| Net income | −26.8% | −10.6% | — | +9.8% |
| EPS (diluted) | +12.0% | +20.7% | +10.0% | +2.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
RITM quarterly EPS vs estimates
Rithm Capital beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 23, 2026 (estimate $0.50).
RITM income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.69B | $4.74B | $1.29B | $1.67B | $2.90B | $0 | $1.39B | $1.43B | $1.39B | $822.8M |
| Cost of revenue | $541.2M | $265.1M | $787.1M | $641.5M | $342.6M | $110.2M | $430.6M | $63.2M | $355.9M | $136.1M |
| Gross profit | $5.14B | $4.47B | $507.5M | $1.03B | $2.55B | −$131.5M | $1.39B | $1.37B | $1.39B | $822.8M |
| Research & development | — | — | $0 | $1 | $0 | $1 | $0 | $0 | $1 | $1 |
| Sales, general & admin | $2.33B | $1.41B | $730.8M | $1.50B | $1.34B | $1.12B | $538.0M | $231.6M | $67.2M | $38.6M |
| Total operating expenses | $2.61B | $1.38B | $730.8M | −$1.01B | $1.14B | $1.12B | $582.2M | $115.5M | $67.2M | $38.6M |
| Operating income | $2.53B | $3.10B | −$223.3M | $2.04B | $1.41B | −$1.39B | $605.1M | $1.50B | $1.59B | $916.8M |
| Interest income | $1.87B | $1.95B | $1.59B | $1.08B | $810.9M | $1.10B | $1.77B | $1.66B | — | — |
| Interest expense | $440.0M | $1.89B | $1.42B | $777.8M | $497.3M | $584.5M | $933.8M | $606.4M | $460.9M | $373.4M |
| Income before taxes | $806.4M | $1.21B | $752.8M | $1.26B | $963.8M | −$1.34B | $647.7M | $931.1M | $1.18B | $621.6M |
| Income taxes | $88.3M | $267.3M | $122.2M | $279.5M | $158.2M | $16.9M | $41.8M | −$73.4M | $167.6M | $38.9M |
| Net income | $681.4M | $931.5M | $532.7M | $954.5M | $772.2M | −$1.36B | $563.3M | $964.0M | $957.5M | $504.5M |
| EBITDA | $1.35B | $3.22B | −$223.3M | $2.06B | $1.47B | −$1.39B | $605.1M | $1.50B | $1.59B | $916.8M |
| EPS (diluted) | $2.34 | $2.09 | $2.06 | $1.33 | $1.49 | $1.45 | $2.17 | $2.37 | $2.82 | $2.14 |
| Gross margin | 90.5% | 94.4% | 39.2% | 61.6% | 88.2% | — | 100.0% | 95.6% | 100.0% | 100.0% |
| Operating margin | 44.6% | 65.3% | −17.2% | 122.3% | 48.8% | — | 43.4% | 104.7% | 114.2% | 111.4% |
| Net margin | 12.0% | 19.7% | 41.1% | 57.2% | 26.7% | — | 40.4% | 67.4% | 68.9% | 61.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.28B | $1.38B | $1.66B | $1.33B | $1.23B | $1.32B | $1.09B | $1.63B | $1.22B | $928.9M | $1.40B | $685.6M |
| Cost of revenue | $464.1M | $430.7M | $150.5M | $102.9M | $89.3M | $93.1M | $82.8M | $86.4M | $58.4M | $65.0M | $35.2M | $70.1M |
| Gross profit | $818.2M | $949.6M | $1.51B | $1.23B | $1.15B | $1.23B | $1.01B | $1.54B | $1.16B | $864.0M | $1.37B | $615.6M |
| Sales, general & admin | $717.8M | $336.0M | $751.3M | $237.1M | $370.3M | $344.9M | $370.6M | $529.8M | $341.2M | $298.7M | $298.6M | $254.0M |
| Total operating expenses | $811.4M | $807.1M | $866.4M | $575.4M | $403.6M | $738.1M | $66.7M | $966.8M | $389.1M | $57.8M | $1.01B | −$47.6M |
| Operating income | $6.8M | $142.5M | $646.3M | $655.3M | $741.4M | $490.5M | $940.6M | $575.0M | $773.6M | $806.2M | $358.0M | $663.2M |
| Interest income | $474.6M | $461.9M | $500.8M | $453.8M | $478.5M | $441.3M | $490.5M | $550.7M | $478.7M | $448.2M | $454.3M | $476.6M |
| Interest expense | $464.1M | $430.7M | $440.0M | $418.4M | $435.0M | $433.7M | $449.4M | $529.9M | $483.4M | $425.3M | $400.5M | $382.6M |
| Income before taxes | $86.9M | $154.2M | $206.3M | $236.9M | $306.4M | $56.8M | $492.6M | $45.1M | $290.2M | $380.9M | −$37.3M | $273.8M |
| Income taxes | $19.0M | $44.8M | $115.7M | $8.1M | −$11.6M | −$23.9M | $200.7M | −$78.4M | $51.6M | $93.4M | $29.9M | $52.6M |
| Net income | $56.3M | $109.5M | $85.0M | $221.5M | $311.7M | $63.2M | $290.2M | $121.7M | $235.6M | $284.0M | −$65.1M | $216.3M |
| EBITDA | $100.3M | $223.4M | $682.3M | $260.0M | $748.7M | $497.9M | $949.7M | $609.9M | $780.9M | $813.9M | −$30.1M | $281.3M |
| EPS (diluted) | $0.60 | $0.51 | $0.74 | $0.54 | $0.54 | $0.52 | $0.60 | $0.54 | $0.47 | $0.48 | $0.51 | $0.58 |
| Gross margin | 63.8% | 68.8% | 90.9% | 92.3% | 92.8% | 93.0% | 92.4% | 94.7% | 95.2% | 93.0% | 97.5% | 89.8% |
| Operating margin | 0.5% | 10.3% | 38.9% | 49.1% | 60.1% | 37.1% | 86.3% | 35.3% | 63.4% | 86.8% | 25.5% | 96.7% |
| Net margin | 4.4% | 7.9% | 5.1% | 16.6% | 25.3% | 4.8% | 26.6% | 7.5% | 19.3% | 30.6% | −4.6% | 31.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in RITM's financial statements (latest annual report filed February 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
RITM financial results
In fiscal year 2025 (ended December 31, 2025), Rithm Capital reported revenue of $5.7 billion, up 20.0% from the year before. It had net income of $681.4 million (down 26.8%), a net profit margin of 12.0%. Diluted earnings per share came to $2.34.
See the RITM stock overview for the latest quote and news, or the RITM chart for price history and technical indicators.
RITM income statement FAQ
What is Rithm Capital's annual revenue?
Rithm Capital reported total revenue of $5.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 20.0% from $4.7 billion the previous year.
Is Rithm Capital profitable?
Yes. Rithm Capital reported net income of $681.4 million in fiscal 2025, a net profit margin of 12.0%; its operating margin was 44.6%.
What is Rithm Capital's gross margin?
Rithm Capital's gross margin was 90.5% in fiscal 2025: for every $100 of revenue, Rithm Capital kept $90 after the direct cost of its products and services.
What are Rithm Capital's earnings per share?
Rithm Capital earned $2.34 per diluted share in fiscal 2025, compared with $2.09 a year earlier.
When will Rithm Capital report its next earnings?
Rithm Capital is expected to report results for the quarter ending September 30, 2026 on October 23, 2026 before the market opens.
When does Rithm Capital's fiscal year end?
Rithm Capital's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 19, 2026.