Total Operating Expenses
New Residential Investment Corp. Total Operating Expenses increased by 5.4% to $1.24B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 33.4%, from $928.07M to $1.24B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 11.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A lower ratio of operating expenses to revenue indicates higher operational leverage and profitability.
Detailed definition
Total operating expenses aggregate all costs incurred in the normal course of business, including personnel, overhead, a...
Peer comparison
Standard metric for evaluating operational discipline across all public companies.
total_operating_expensesHistorical 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 | $497.93M | $716.11M | $901.23M | $803.26M | $1.13B | $719.6M | $676.6M | $660.57M | $695.76M | $754.37M | $810.19M | $850.66M | $950.87M | $991.17M | $1.05B | $928.07M | $951.85M | $938.86M | $1.17B | $1.24B |
| QoQ Change | — | +43.8% | +25.9% | -10.9% | +41.1% | -36.5% | -6.0% | -2.4% | +5.3% | +8.4% | +7.4% | +5.0% | +11.8% | +4.2% | +5.5% | -11.3% | +2.6% | -1.4% | +25.1% | +5.4% |
| YoY Change | — | — | — | — | +127.6% | +0.5% | -24.9% | -17.8% | -38.6% | +4.8% | +19.7% | +28.8% | +36.7% | +31.4% | +29.1% | +9.1% | +0.1% | -5.3% | +12.3% | +33.4% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Origination and Servicing | — | — | $654.7M | $617.08M | $627.06M | $600.33M | $633.88M | $580.23M |
| Investment Portfolio | — | — | $89.55M | $91.74M | $100.92M | $106.48M | $124.31M | $115.26M |
| Corporate Category | $60.33M | $44.98M | $39.94M | $48.36M | $57.48M | $66.29M | $51.64M | $78.39M |
| Residential Transitional Lending | — | — | — | $52.49M | $56.45M | $59.64M | $63.56M | $64.96M |
| Mortgage Loans Receivable | $44.53M | $49.12M | — | — | — | — | — | — |
| Total | $950.87M | $991.17M | $1.05B | $928.07M | $951.85M | $938.86M | $1.17B | $1.24B |
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.
Total Operating Expenses at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s total operating expenses?
- New Residential Investment Corp. (NRZ) reported total operating expenses of $1.24B in Q1 2026.
- How has New Residential Investment Corp.'s total operating expenses changed year-over-year?
- New Residential Investment Corp.'s total operating expenses increased by 33.4% year-over-year, from $928.07M to $1.24B.
- What is the long-term trend for New Residential Investment Corp.'s total operating expenses?
- Over 4 years (2021 to 2025), New Residential Investment Corp.'s total operating expenses has grown at a 11.1% compound annual growth rate (CAGR), from $2.62B to $3.99B.
- What does total operating expenses mean?
- The sum of all costs required to operate the business on a daily basis.