Company: RITM-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001556593-25-000033
Chunk: 43

Company: Rithm Capital Corp.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 2
Chunk 43
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,081 (5,999)(25,410)Other(B)22,844 (4,325)(5,097)(16,545)27,169 11,448 Realized and unrealized gains, net53,393 22,741 74,991 112,657 30,652 (37,666)Other income, net16,809 18,478 44,360 46,028 (1,669)(1,668)Total Other Income$70,202 $41,219 $119,351 $158,685 $28,983 $(39,334)

(A)Includes change in the fair value of the consolidated CFEs’ financial assets and liabilities and related interest and other income.

(B)Includes excess MSRs, servicer advance investments, consumer loans, residential transition loans and other.

Three months ended September 30, 2025 compared to the three months ended June 30, 2025

Total other income (loss) was $70.2 million for the three months ended September 30, 2025, compared to $41.2 million for the three months ended June 30, 2025. The quarter-over-quarter increase was primarily due to a $33.7 million change from losses to gains on consumer loans, partially offset by a $4.0 million decrease in gains from public equity investments.

Nine months ended September 30, 2025 compared to the nine months ended September 30, 2024

Total other income (loss) was $119.4 million for the nine months ended September 30, 2025, compared to $158.7 million in the prior year. The year-over-year decrease was primarily due to a (i) $19.9 million change from net gains to net losses related to derivative and hedging instruments, (ii) a $25.4 million decrease in gains from consolidated entities, and (iii) a $28.2 million bargain purchase gain recognized during the nine months ended September 30, 2024 from the acquisition of Computershare Mortgage Services Inc. and certain affiliated companies (“Computershare”). The total other income decrease was partially offset by (i) a $68.8 million shift from losses to gains on consumer loans driven by stronger performance and (ii) a $17.9 million increase in income from equity method investments driven by portfolio growth and performance.

Income Tax Expense (Benefit)

Three months ended