Rithm Capital's net income plunges 82% to $56.3M despite 5.1% revenue growth to $1.28B

Filed August 4, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 1, 2025 · ~1 min read

Key Changes

• high

  Net income fell 81.9% to $56.3M, and net income to common stockholders dropped, as a negative change in MSR fair value and higher expenses overwhelmed revenue growth.

  MD&A: Net Income verify on EDGAR →
• high

  Assets under management surged, driven by the Elecor acquisition and expansion of the asset management platform, which now includes Crestline and R-HOME.

  MD&A: AUM verify on EDGAR →
• high

  Ginnie Mae repurchase liability nearly doubled, reflecting higher delinquent loan repurchase activity and adding significant contingent risk.

  Notes: Ginnie Mae verify on EDGAR →