Rithm Capital

Q2 FY2026 EarningsQ2 FY26 results missed consensus across the board, with total revenue of $1,282.3M missing the $1,420.9M estimate and GAAP EPS of $0.04 falling significantly below the $0.28 mean expectation. Adjusted results were also weak, as normalized net income and EPS were pressured by higher interest expenses and increased compensation following recent acquisitions. While Origination and Servicing volume grew to $15.9B, book value per share declined to $12.33, missing the $12.61 consensus by 2.22%.