Pre-Tax Income
New Residential Investment Corp. Pre-Tax Income decreased by 25.2% to $154.24M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 171.6%, from $56.78M to $154.24M. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows a downward trend with a -4.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher values indicate stronger overall profitability and operational efficiency before tax impacts.
Detailed definition
Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...
Peer comparison
A standard GAAP metric used universally to compare pre-tax performance across different industries.
income_before_taxHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $144.65M | $202.24M | $217.32M | $892.72M | $106.02M | $176.27M | $87.79M | $73.14M | $443.22M | $273.78M | -$37.30M | $380.90M | $290.17M | $45.15M | $492.60M | $56.78M | $306.41M | $236.87M | $206.33M | $154.24M |
| QoQ Change | — | +39.8% | +7.5% | +310.8% | -88.1% | +66.3% | -50.2% | -16.7% | +506.0% | -38.2% | -113.6% | >999% | -23.8% | -84.4% | +991.1% | -88.5% | +439.6% | -22.7% | -12.9% | -25.2% |
| YoY Change | — | — | — | — | -26.7% | -12.8% | -59.6% | -91.8% | +318.0% | +55.3% | -142.5% | +420.8% | -34.5% | -83.5% | >999% | -85.1% | +5.6% | +424.7% | -58.1% | +171.6% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Origination and Servicing | — | — | $484.72M | $90.02M | $305.01M | $234.11M | $32.56M | $250.63M |
| Corporate Category | -$60.33M | -$44.98M | -$39.92M | -$47.37M | -$56.22M | -$63.06M | -$48.47M | -$75.75M |
| Residential Transitional Lending | — | — | — | $15.92M | $25.05M | $21.25M | $25.51M | $23.15M |
| Investment Portfolio | — | — | — | $17.96M | $34.13M | $37.60M | $81.39M | $19.52M |
| Mortgage Loans Receivable | $31.67M | $35.15M | — | — | — | — | — | — |
| Total | $290.17M | $45.15M | $492.60M | $56.78M | $306.41M | $236.87M | $206.33M | $154.24M |
Mortgage Loans Receivable, Origination, Residential Securities, Properties and Loans, Servicing were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s pre-tax income?
- New Residential Investment Corp. (NRZ) reported pre-tax income of $154.24M in Q1 2026.
- How has New Residential Investment Corp.'s pre-tax income changed year-over-year?
- New Residential Investment Corp.'s pre-tax income increased by 171.6% year-over-year, from $56.78M to $154.24M.
- What is the long-term trend for New Residential Investment Corp.'s pre-tax income?
- Over 4 years (2021 to 2025), New Residential Investment Corp.'s pre-tax income has grown at a -4.4% compound annual growth rate (CAGR), from $963.81M to $806.38M.
- What does pre-tax income mean?
- Total profit earned before accounting for income tax obligations.