Rithm Capital Corp. Q2 2026: Revenue $1.282B, EPS $0.04— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Rithm Capital Corp. reported Q2 2026 revenue of $1.282B, up 5.2% YoY, driven by higher asset management fees and Elecor acquisition contributions. However, net income attributable to common stockholders plummeted 92.9% to $20.2M, with diluted EPS falling to $0.04 from $0.53 in the prior year period.
Rithm Capital Corp. reported second-quarter 2026 results with revenue of $1.282B, up from $1.22B a year earlier, while net income attributable to common stockholders fell to $20.2M and diluted earnings per share declined to $0.04 versus $0.53 in Q2 2025.
Financial Highlights
- Revenue was $1.282B for Q2 2026, compared with $1.220B in Q2 2025; YoY change 5.2%.
- Net income was $20.2M attributable to common stockholders for Q2 2026, versus $283.9M for Q2 2025; YoY change (92.9%).
- Diluted EPS was $0.04 for Q2 2026, compared with $0.53 in Q2 2025; YoY change (92.5%).
Business Highlights
- Revenue growth was driven by higher Asset Management fees, contributions from commercial real estate following the Elecor acquisition, and increased loan production volumes.
- Originations totaled approximately $15.9B in Q2, and the servicing portfolio expanded to about $865B UPB, aided by third‑party client wins and retained servicing.
- Channel mixcontinued to favor correspondent lending (about 60%); Non‑QM and Government volumes rose while refinance share declined sequentially.
- Operational integration advanced with the closing and branding integration of Elecor and the Crestline acquisition, expanding CRE and asset management platforms.
- Portfolio and hedging activity included active MSR hedging and use of agency RMBS/TBA to manage interest‑rate exposure while financing growth in residential term loans, consumer loans and single‑family rental assets.
Original SEC Filing: Rithm Capital Corp. [ RITM ] - 10-Q - Aug. 04, 2026
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