Rithm Q2 2026 GAAP net income drops to $20.2 million; earnings available for distribution rises to $338.9 million
Reuters2026/07/28 10:46By:Reuters
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- Rithm Capital posted Q2 GAAP net income attributable to common stockholders of USD 20.2 million, or USD 0.04 per diluted share, down from USD 67.8 million, or USD 0.12.
- Non-GAAP earnings available for distribution rose to USD 338.9 million, or USD 0.60 per diluted share, from USD 289.6 million, or USD 0.51.
- Revenue fell to USD 1.28 billion from USD 1.38 billion, while book value per common share was USD 12.33.
- Asset management AUM climbed to USD 61 billion from USD 59 billion, while asset management revenue rose 34% quarter-over-quarter to USD 141 million.
- Newrez pre-tax operating income excluding MSR mark-to-market items increased to USD 307.6 million from USD 273.7 million, while Genesis origination volume grew 52% year-over-year to USD 1.9 billion.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rithm Capital Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260728452578) on July 28, 2026, and is solely responsible for the information contained therein.
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