Rithm Capital Q1 GAAP net income falls to $36.5 million, or $0.07 per diluted share
Rithm Capital reported first quarter 2025 results for the quarter ended March 31, 2025, in a press release furnished as Exhibit 99.1. GAAP net income attributable to common stockholders was $36.5 million, or $0.07 per diluted share, down from $263.2 million, or $0.50, in the fourth quarter of 2024. Earnings available for distribution, a non-GAAP measure, was $275.3 million, or $0.52 per diluted share, versus $0.60 in the prior quarter, while the quarterly common dividend held at $0.25 per share.
Key points
- GAAP net income attributable to common stockholders: $36.5 million, or $0.07 per diluted share, versus $263.2 million, or $0.50, in Q4 2024
- Earnings available for distribution: $275.3 million, or $0.52 per diluted share, versus $315.8 million, or $0.60, in Q4 2024
- Common dividend of $0.25 per share, totaling $132.5 million, unchanged from the prior quarter; book value per common share was $12.39
- Newrez pre-tax income excluding MSR mark-to-market and hedge impact was $270.1 million, down from $280.2 million in Q4 2024
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 25, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.