AI brief of an SEC Form 8-K · Rithm Capital (RITM)

Rithm Capital Q1 GAAP net income falls to $36.5 million, or $0.07 per diluted share

Negative Impact 4 of 5 earnings Written later

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

CompanyRithm Capital (RITM)
Form8-K, current report
Filed with the SECApr 25, 2025, 6:45 AM ET
Accession number0001556593-25-000013

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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.