Rithm Capital RITM
NYSE RITM
$9.94 -0.14 (-1.39%)
As of: Sep 8, 2026 · 3:59 PM EDT

Rithm Capital (RITM) Operating Expenses (2012 - 2026)

Rithm Capital's (RITM) quarterly Operating Expenses came in at $1.3 billion in Q2 2026, up 34.0% year-over-year from $951.8 million in Q2 2025, and up 3.05% quarter-over-quarter from $1.2 billion in Q1 2026.

Analysis

Rithm Capital (RITM) Operating Expenses (2012 - 2026) Analysis & Trends

Rithm Capital (RITM) has reported Operating Expenses for 15 consecutive years, with $1.3 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 34.0% year-over-year to $1.3 billion in Q2 2026; TTM through Jun 2026 was $4.6 billion, a 18.11% increase from a year earlier, with the FY2025 full-year figure at $4.0 billion, up 4.02% from the prior year.
  • Operating Expenses was $1.3 billion for Q2 2026 at Rithm Capital, up from $1.2 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.3 billion in Q2 2026 and troughed at $660.6 million in Q1 2023.
  • A 5-year average of $922.1 million and a median of $933.5 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 127.56% in 2022 and sank 38.6% in 2023, its largest moves.
  • Over 5 years, Operating Expenses stood at $676.6 million in 2022, then increased by 19.74% to $810.2 million in 2023, then advanced by 29.09% to $1.0 billion in 2024, then gained by 12.26% to $1.2 billion in 2025, then increased by 8.63% to $1.3 billion in 2026.
  • The last three Operating Expenses figures came in at $1.3 billion (Q2 2026), $1.2 billion (Q1 2026), and $1.2 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - 71.74 Mn
2 AGNC Investment 12.43 Bn 11.10 Bn - 30.00 Mn
3 Starwood Property Trust 5.84 Bn 3.67 Bn - 524.77 Mn
4 Rithm Capital 5.57 Bn 5.57 Bn - 1.28 Bn
5 Dynex Capital 2.88 Bn 2.27 Bn - 16.21 Mn
6 Two Harbors Investment 2.65 Bn 2.01 Bn - 51.40 Mn
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - 111.00 Mn
8 Armour Residential REIT 2.11 Bn 2.02 Bn - 17.16 Mn
9 Ellington Financial 1.71 Bn 1.46 Bn - 76.02 Mn
10 Orchid Island Capital 1.32 Bn 637.53 Mn 61.82 Mn 6.76 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.28 Bn
Mar 31, 2026 1.24 Bn
Dec 31, 2025 1.17 Bn
Sep 30, 2025 938.86 Mn
Jun 30, 2025 951.85 Mn
Mar 31, 2025 928.07 Mn
Dec 31, 2024 1.05 Bn
Sep 30, 2024 991.17 Mn
Jun 30, 2024 950.87 Mn
Mar 31, 2024 850.66 Mn
Dec 31, 2023 810.19 Mn
Sep 30, 2023 754.37 Mn
Jun 30, 2023 695.76 Mn
Mar 31, 2023 660.57 Mn
Dec 31, 2022 676.60 Mn
Sep 30, 2022 719.60 Mn
Jun 30, 2022 1.13 Bn
Mar 31, 2022 803.26 Mn
Dec 31, 2021 901.23 Mn
Sep 30, 2021 716.11 Mn