Rithm Capital RITM Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total Revenue by Business | ||||||
| Corporate Category | $12.15M+15.8% | $10.5M+43.0% | $7.34M+78.2% | $4.12M+315% | $993K+14,086% | |
| Investment Portfolio | $475.55M+7.0% | $444.55M+8.8% | $408.69M-7.9% | $443.57M+3.4% | $428.82M-1.7% | |
| Origination and Servicing | $3.26B+3.9% | $3.13B-13.0% | $3.6B+3.4% | $3.49B+1.1% | $3.45B-8.0% | |
| Residential Transitional Lending | $322.75M+7.0% | $301.59M+5.2% | $286.8M+4.1% | $275.45M+6.1% | $259.62M+0.7% | |
| Other income (loss), net by Business | ||||||
| Corporate Category | -$1.2M-0.3% | -$1.2M-1.0% | -$1.19M+0.6% | -$1.19M-7,112% | $17K-65.3% | |
| Investment Portfolio | $56.83M+21.9% | $46.62M+96.6% | $23.71M+5.9% | $22.39M+85.9% | $12.04M-45.3% | |
| Origination and Servicing | $7.82M+53.7% | $5.09M-46.5% | $9.5M+1,401% | $633K-97.1% | $21.53M-0.7% | |
| Nonoperating Gains (Losses) by Business | ||||||
| Corporate Category | -$1.86M-0.2% | -$1.86M-0.7% | -$1.85M+0.4% | -$1.85M-11,000% | $17K-65.3% | |
| Investment Portfolio | $144.06M-3.9% | $149.98M— | —— | —— | —— | |
| Origination and Servicing | $7.82M+53.7% | $5.09M-46.5% | $9.5M+1,351% | $655K-97.0% | $21.56M+149% | |
| Residential Transitional Lending | $16.82M-8.0% | $18.27M— | —— | —— | —— | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Corporate Category | -$243.5M-13.2% | -$215.13M-4.1% | -$206.58M-9.6% | -$188.5M+2.1% | -$192.61M-14.3% | |
| Investment Portfolio | $172.64M+0.9% | $171.08M— | —— | —— | —— | |
| Origination and Servicing | $822.3M+24.3% | $661.7M-40.6% | $1.11B+24.5% | $894.97M+7.0% | $836.5M-24.8% | |
| Residential Transitional Lending | $94.96M+8.2% | $87.73M+33.6% | $65.68M-17.5% | $79.57M-7.7% | $86.19M-22.6% | |
| Equity, Attributable to Parent by Business | ||||||
| Corporate Category | -$5.98B-25.9% | -$4.75B-6.3% | -$4.47B-0.5% | -$4.44B+1.7% | -$4.52B+3.9% | |
| Investment Portfolio | $6.52B+0.6% | $6.48B+2.2% | $6.34B-18.1% | $7.75B-16.8% | $9.31B-13.3% | |
| Origination and Servicing | $23.37B+1.2% | $23.09B-0.6% | $23.23B+8.7% | $21.37B+9.3% | $19.54B+8.0% | |
| Residential Transitional Lending | $3.58B+2.5% | $3.49B+2.3% | $3.41B— | —— | —— | |
| Total Assets by Business | ||||||
| Corporate Category | $1.79B-13.6% | $2.08B+13.0% | $1.84B+35.4% | $1.36B+71.0% | $794.01M+157% | |
| Investment Portfolio | $40.19B+3.4% | $38.85B+9.0% | $35.63B-22.2% | $45.79B-21.3% | $58.21B-19.7% | |
| Origination and Servicing | $113.52B-1.6% | $115.34B-4.1% | $120.3B+11.3% | $108.04B+12.9% | $95.7B+18.8% | |
| Residential Transitional Lending | $16.29B+5.4% | $15.46B+4.2% | $14.84B— | —— | —— | |
| Equity, Including Portion Attributable to Noncontrolling Interest by Business | ||||||
| Corporate Category | -$5.98B-25.9% | -$4.75B-6.3% | -$4.47B-0.5% | -$4.44B+1.7% | -$4.52B+3.9% | |
| Investment Portfolio | $6.75B+0.5% | $6.72B+2.4% | $6.56B— | —— | —— | |
| Origination and Servicing | $23.41B+1.2% | $23.12B-0.6% | $23.27B— | —— | —— | |
| Residential Transitional Lending | $3.58B+2.5% | $3.49B+2.3% | $3.41B— | —— | —— | |
| Other segment expenses by Business | ||||||
| Corporate Category | $59.68M+18.9% | $50.2M-5.0% | $52.82M+22.0% | $43.3M-5.9% | $46.01M-0.3% | |
| Investment Portfolio | $93.18M+2.3% | $91.06M+5.0% | $86.72M-0.1% | $86.77M+5.6% | $82.18M+1.8% | |
| Origination and Servicing | $599.74M+1.3% | $592.23M+3.1% | $574.36M+2.8% | $558.89M+5.5% | $529.61M+5.8% | |
| Residential Transitional Lending | $25.96M+7.0% | $24.25M+5.0% | $23.1M+6.4% | $21.72M+2.3% | $21.22M+8.4% | |
| Operating Expenses by Business | ||||||
| Corporate Category | $253.8M+13.4% | $223.77M+5.5% | $212.07M+11.2% | $190.76M-1.5% | $193.62M+14.9% | |
| Investment Portfolio | $446.97M+5.6% | $423.45M+8.9% | $388.69M-0.9% | $392.31M+3.6% | $378.69M-2.2% | |
| Origination and Servicing | $2.44B-1.5% | $2.48B-0.8% | $2.5B-3.6% | $2.59B-1.5% | $2.63B+1.6% | |
| Residential Transitional Lending | $244.61M+5.4% | $232.13M+3.0% | $225.35M+4.9% | $214.83M+5.9% | $202.91M+2.0% | |
| Notes payable, at fair value and other liabilities by Business | ||||||
| Corporate Category | $0— | $0— | $0— | —— | —— | |
| Investment Portfolio | $10.43B+4.1% | $10.02B+5.0% | $9.54B+0.8% | $9.46B-6.5% | $10.12B— | |
| Origination and Servicing | $0— | $0— | $0— | $0— | $0— | |
| Residential Transitional Lending | $3.46B+0.1% | $3.46B+0.2% | $3.45B— | —— | —— | |
| Non-controlling interests in equity of consolidated subsidiaries by Business | ||||||
| Corporate Category | $0— | $0— | $0— | $0— | $0— | |
| Investment Portfolio | $233.75M-0.1% | $234.07M+7.6% | $217.54M— | —— | —— | |
| Origination and Servicing | $38.72M+1.2% | $38.24M+0.4% | $38.1M— | —— | —— | |
| Residential Transitional Lending | $0— | $0— | $0— | —— | —— | |
| Investments, at fair value and other assets by Business | ||||||
| Corporate Category | $0— | $0— | $0— | —— | —— | |
| Investment Portfolio | $12.15B+3.7% | $11.72B+4.2% | $11.24B+0.8% | $11.16B-6.0% | $11.87B— | |
| Origination and Servicing | $0— | $0— | $0— | $0— | $0— | |
| Residential Transitional Lending | $3.93B-0.4% | $3.95B-0.4% | $3.96B— | —— | —— | |
| Total Restricted Cash by Business | ||||||
| Corporate Category | $943.74M+0.5% | $938.6M+34.1% | $700.17M+50.8% | $464.18M+101% | $230.81M— | |
| Investment Portfolio | $233.18M-5.9% | $247.68M-1.5% | $251.55M-19.6% | $313.05M-14.8% | $367.24M-6.8% | |
| Origination and Servicing | $698.19M-2.5% | $716.19M-4.4% | $749.25M+3.1% | $726.48M+3.8% | $700.13M-8.3% | |
| Residential Transitional Lending | $204.62M-3.1% | $211.08M+7.8% | $195.77M— | —— | —— | |
| Other assets by Business | ||||||
| Corporate Category | $24.24M+2.0% | $23.76M+19.8% | $19.84M— | —— | —— | |
| Investment Portfolio | $9.68B+2.6% | $9.44B+2.4% | $9.22B-13.8% | $10.69B-11.1% | $12.03B-6.1% | |
| Origination and Servicing | $28.11B+8.1% | $26.01B+2.9% | $25.28B+7.6% | $23.5B+9.6% | $21.44B+14.7% | |
| Residential Transitional Lending | $654.51M-8.9% | $718.55M+7.9% | $666.2M— | —— | —— | |
| Gain (Loss) on Investments by Business | ||||||
| Corporate Category | -$661K0.0% | -$661K0.0% | -$661K0.0% | -$661K— | $0— | |
| Investment Portfolio | $87.23M-15.6% | $103.36M— | —— | —— | —— | |
| Origination and Servicing | $0— | $0-100% | $65.26M0.0% | $65.28M0.0% | $65.28M+296,623% | |
| Residential Transitional Lending | $16.18M-14.1% | $18.83M— | —— | —— | —— | |
| Compensation and benefits by Business | ||||||
| Corporate Category | $80.63M+4.2% | $77.41M+19.4% | $64.83M+3.5% | $62.65M-0.8% | $63.14M+31.3% | |
| Investment Portfolio | $7.95M+99.0% | $3.99M-31.2% | $5.81M+14.7% | $5.06M+15.0% | $4.4M+15.6% | |
| Origination and Servicing | $808.88M+4.4% | $774.51M+4.6% | $740.58M+2.3% | $723.71M+0.3% | $721.53M+2.1% | |
| Residential Transitional Lending | $69.52M+10.2% | $63.09M+0.3% | $62.89M+11.1% | $56.6M+12.3% | $50.41M+6.5% | |
| Liabilities by Business | ||||||
| Corporate Category | $6.83B+15.9% | $5.89B+5.1% | $5.61B+5.0% | $5.34B+5.0% | $5.08B+1.4% | |
| Investment Portfolio | $33.44B+4.0% | $32.14B+10.5% | $29.07B-23.2% | $37.85B-22.3% | $48.71B-20.9% | |
| Origination and Servicing | $90.12B-2.3% | $92.21B-5.0% | $97.02B+12.0% | $86.64B+13.8% | $76.12B+21.9% | |
| Residential Transitional Lending | $12.72B+6.3% | $11.97B+4.7% | $11.43B— | —— | —— | |
| Investments by Business | ||||||
| Corporate Category | $0— | $0— | $0— | $0— | $0— | |
| Investment Portfolio | $18.07B+3.9% | $17.4B+17.0% | $14.87B-36.2% | $23.3B-29.8% | $33.16B-32.1% | |
| Origination and Servicing | $80.12B-4.8% | $84.14B-6.5% | $89.94B+13.1% | $79.53B+14.1% | $69.71B+20.6% | |
| Residential Transitional Lending | $10.98B+8.6% | $10.11B+5.3% | $9.6B— | —— | —— | |
| Interest expense and warehouse line fees by Business | ||||||
| Corporate Category | $113.46M+18.0% | $96.13M+1.9% | $94.37M+11.3% | $84.76M+0.4% | $84.44M+13.6% | |
| Investment Portfolio | $313.15M+5.7% | $296.23M+10.6% | $267.86M-0.4% | $268.98M+3.0% | $261.15M-4.0% | |
| Origination and Servicing | $1.01B-7.1% | $1.09B-5.9% | $1.15B-9.2% | $1.27B-4.6% | $1.33B+0.3% | |
| Residential Transitional Lending | $141.02M+2.9% | $137.07M+3.8% | $132M+1.9% | $129.52M+3.6% | $125.01M-0.6% | |
| D&A by Business | ||||||
| Corporate Category | $27K-12.9% | $31K-40.4% | $52K0.0% | $52K+108% | $25K+19.0% | |
| Investment Portfolio | $32.69M+1.6% | $32.16M+13.6% | $28.3M-10.2% | $31.5M+1.8% | $30.96M+0.7% | |
| Origination and Servicing | $24.88M-5.9% | $26.45M-13.3% | $30.52M-22.3% | $39.27M-20.7% | $49.53M-12.3% | |
| Residential Transitional Lending | $8.11M+4.9% | $7.73M+5.1% | $7.36M+5.3% | $6.99M+11.5% | $6.27M0.0% | |
| Impairment loss by Business | ||||||
| Origination and Servicing | $0— | $0— | —— | —— | —— | |
| Residential Transitional Lending | $0— | $0— | $0— | $0— | $0— | |
| Debt by Business | ||||||
| Corporate Category | $5.03B+4.7% | $4.81B+4.9% | $4.58B+5.2% | $4.36B+5.4% | $4.13B+0.1% | |
| Investment Portfolio | $21.25B+4.1% | $20.41B+14.5% | $17.82B-32.8% | $26.53B-27.5% | $36.61B-27.9% | |
| Origination and Servicing | $70.2B-4.8% | $73.77B-6.5% | $78.9B+13.6% | $69.48B+17.0% | $59.38B+27.3% | |
| Residential Transitional Lending | $8.97B+8.6% | $8.26B+6.1% | $7.79B— | —— | —— | |
| Redeemable Non-controlling Interests of Consolidated Subsidiaries (Note 22) by Business | ||||||
| Corporate Category | $948.45M+1.0% | $938.6M— | —— | —— | —— | |
| Investment Portfolio | $0— | $0— | —— | —— | —— | |
| Origination and Servicing | $0— | $0— | —— | —— | —— | |
| Residential Transitional Lending | $0— | $0— | —— | —— | —— | |
| Restricted Cash by Business | ||||||
| Corporate Category | $943.74M+0.5% | $938.6M+34.1% | $700.17M— | —— | —— | |
| Investment Portfolio | $170.79M-8.8% | $187.25M-2.4% | $191.91M— | —— | —— | |
| Origination and Servicing | $698.19M-2.5% | $716.19M-4.4% | $749.25M— | —— | —— | |
| Residential Transitional Lending | $160.3M-6.5% | $171.51M+5.9% | $161.91M— | —— | —— | |
| Cash & Equivalents by Business | ||||||
| Corporate Category | $826.83M-25.8% | $1.11B-0.3% | $1.12B+27.9% | $874.12M+67.1% | $523.18M+109% | |
| Investment Portfolio | $109.89M-0.1% | $110.03M+4.6% | $105.16M-73.8% | $401.42M-52.4% | $842.92M-36.3% | |
| Origination and Servicing | $4.47B+2.8% | $4.35B+3.6% | $4.2B+0.8% | $4.17B+11.5% | $3.74B+16.6% | |
| Residential Transitional Lending | $344.44M+21.9% | $282.62M+26.6% | $223.18M— | —— | —— | |
| Goodwill by Business | ||||||
| Corporate Category | $0— | $0— | $0— | $0— | $0— | |
| Investment Portfolio | $0— | $0— | $0-100% | $5.09M-50.0% | $10.18M-33.3% | |
| Origination and Servicing | $117.87M0.0% | $117.87M0.0% | $117.87M+4.5% | $112.78M+4.7% | $107.69M+5.0% | |
| Residential Transitional Lending | $222.92M0.0% | $222.92M0.0% | $222.92M— | —— | —— | |
| Investments in Equity Method Investees by Business | ||||||
| Corporate Category | $0— | $0— | $0— | —— | —— | |
| Investment Portfolio | $1.28B+2.5% | $1.25B+2.7% | $1.21B— | —— | —— | |
| Origination and Servicing | $101.49M+1.7% | $99.78M+0.6% | $99.16M— | —— | —— | |
| Residential Transitional Lending | $98.38M+16.5% | $84.42M+20.5% | $70.06M— | —— | —— | |
| Revenue by Product | ||||||
| Change in fair value of MSRs and MSR financing receivables, net of economic hedges (includes realization of cash flows of $(211,456) and $(146,891), respectively) | -$1.05B+11.0% | -$1.17B-49.9% | -$783.53M+11.6% | -$886.59M-1.5% | -$873.47M-91.6% | |
| Gain on originated residential mortgage loans, held-for-sale, net | $777.99M+6.6% | $729.53M+0.3% | $727.44M+1.6% | $715.82M+2.3% | $699.87M+2.5% | |
| Interest income | $1.89B+1.1% | $1.87B+0.8% | $1.86B-5.0% | $1.96B0.0% | $1.96B+0.3% | |
| Servicing fee revenue, net and interest income from MSRs and MSR financing receivables | $2.3B+0.4% | $2.29B+1.7% | $2.26B+4.0% | $2.17B+3.6% | $2.09B+5.1% | |
| Servicing revenue, net | $1.26B+12.3% | $1.12B-27.1% | $1.54B+14.0% | $1.35B+4.9% | $1.29B-19.8% | |
| Total Income and Fees Receivable by Product | ||||||
| Incentive income | $361.6M+0.6% | $359.34M+42.3% | $252.51M+0.7% | $250.66M-1.4% | $254.23M+1.0% | |
| Management fees | $197.1M+6.6% | $184.87M+13.7% | $162.66M+24.6% | $130.52M+21.5% | $107.4M+12.6% | |
| Interest credited by Product | ||||||
| Deferred Annuities | $16.54M+235% | $4.93M— | —— | —— | —— | |
| Fixed Indexed Annuities | $611.25K+227% | $187K— | —— | —— | —— | |
| Policy charges by Product | ||||||
| Deferred Annuities | $23.75K+164% | $9K— | —— | —— | —— | |
| Fixed Indexed Annuities | $0— | $0— | —— | —— | —— | |
| Policyholder Account Balance, Benefit Payment by Product | ||||||
| Deferred Annuities | $6.93M+507% | $1.14M— | —— | —— | —— | |
| Fixed Indexed Annuities | $72K— | $0— | —— | —— | —— | |
| Deposits by Product | ||||||
| Deferred Annuities | $120.09M+240% | $35.31M— | —— | —— | —— | |
| Fixed Indexed Annuities | $16.37M+341% | $3.71M— | —— | —— | —— | |
| Policyholder Account Balance, Surrender and Withdrawal by Product | ||||||
| Deferred Annuities | $11.62M+234% | $3.48M— | —— | —— | —— | |
| Fixed Indexed Annuities | $54.25K+1,708% | $3K— | —— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Rithm Capital break its business down?
- Rithm Capital (RITM) reports total revenue by business across 4 parts — Corporate Category, Investment Portfolio, Origination and Servicing and Residential Transitional Lending. Each is extracted from the segment footnotes and tracked over time.
- Where does Rithm Capital's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Rithm Capital's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
