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Rithm Capital RITM Incentive income — Unearned income and fees

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Other financials

Income statement

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Revenue$1.4B+41.3%
Net income$102.7M+30.3%
EPS (diluted)$0.12+71.4%

Balance sheet

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Cash & equivalents$2.5B+64.9%
Total debt$169.7M-99.5%
Total equity$8.6B+10.7%
Total assets$53.4B+17.7%

Cash flow

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Operating cash flow$100.7M-92.9%

Valuation

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Market cap$5.15B-17.3%
Enterprise value$2.86B-92.7%
P/E7.2×-0.6×
P/S-0.3×

Profitability

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Net margin14.4%-1.0pp

Returns & leverage

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Return on equity8.8%-0.9pp
Debt / equity-4.3×

Where this comes from

Reported directly by Rithm Capital in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The official record: Rithm Capital’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Rithm Capital's incentive income — unearned income and fees?
Rithm Capital (RITM) reported incentive income — unearned income and fees of $9.21M in Q1 2026.
How has Rithm Capital's incentive income — unearned income and fees changed year-over-year?
Rithm Capital's incentive income — unearned income and fees decreased by 36.4% year-over-year, from $14.48M to $9.21M.
What does incentive income — unearned income and fees mean?
This metric represents incentive income or fees that have been billed or collected in advance of the services being fully performed or the performance criteria being met. It acts as a liability on the balance sheet, reflecting obligations to provide future services or potential clawback risks if performance targets are not sustained. It is a key indicator of deferred revenue within the incentive-based business segment.