Company: RITM-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001556593-25-000033
Chunk: 64

Company: Rithm Capital Corp.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 64
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 respectively. See Note 20 for further details. 

See notes to consolidated financial statements. 

1 

RITHM CAPITAL CORP. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)(dollars in thousands, except share and per share data)

Three Months EndedSeptember 30,Nine Months EndedSeptember 30,2025202420252024RevenuesServicing fee revenue, net and interest income from MSRs and MSR financing receivables$579,281 $493,171 $1,724,899 $1,462,040 Change in fair value of MSRs and MSR financing receivables, net of economic hedges (includes realization of cash flows of $(189,881), $(139,784), $(513,452) and $(421,761), respectively)(264,351)(367,411)(752,734)(490,377)Servicing revenue, net314,930 125,760 972,165 971,663 Interest income453,786 550,732 1,373,501 1,464,180 Gain on originated residential mortgage loans, held-for-sale, net196,308 184,695 525,795 480,894 Other revenues55,628 57,212 160,467 172,060 Asset management revenues84,871 81,039 267,551 261,423 1,105,523 999,438 3,299,479 3,350,220 ExpensesInterest expense and warehouse line fees402,690 510,168 1,239,612 1,385,939 General and administrative237,092 215,329 714,213 634,855 Compensation and benefits299,073 265,673 864,947 771,899 938,855 991,170 2,818,772 2,792,693 Other Income (Loss)Realized and unrealized gains, net53,393 33,029 74,991 112,657 Other income, net16,809 3,851 44,360 46,028 70,202 36,880 119,351 158,685 Income before Income Taxes236,870 45,148 600,058 716,212 Income tax expense (benefit)8,072 (78,433)(27,456)66,