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Rithm Capital Q2 GAAP Net Income Falls to $20.2 Million

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Rithm Capital Corp. (RITM) reported second-quarter 2026 GAAP net income attributable to common stockholders of $20.2 million, or $0.04 per diluted common share, for the quarter ended June 30, 2026.

The company reported total revenue of $1.282 billion in the quarter. Earnings available for distribution, a non-GAAP measure, were $338.9 million, or $0.60 per diluted common share.

  • Common dividend was $139.6 million, or $0.25 per common share.
  • Book value per common share was $12.33 as of June 30, 2026.
  • Rithm Asset Management had about $61 billion of AUM, up from $59 billion at the end of Q1 2026.
  • Newrez posted pre-tax operating income of $307.6 million excluding specified MSR mark-to-market and other non-operating items.
  • Origination funded production volume was $15.9 billion, up 3% quarter over quarter and down 2% year over year.
  • Genesis Capital recorded Q2 origination volume of $1.9 billion, up 52% year over year.

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