Rithm Property Trust (RPT) Operating Expenses (2014 - 2026)
Rithm Property Trust (RPT) reported Operating Expenses of $4.8 million for Q1 2026, up 29.12% year-over-year from $3.8 million in Q1 2025, and up 12.44% quarter-over-quarter from $4.3 million in Q4 2025.
Rithm Property Trust (RPT) Operating Expenses (2014 - 2026) Analysis & Trends
Rithm Property Trust (RPT) has 13 years of Operating Expenses data on file, last reported at $4.8 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $4.8 million, up 29.12% year-over-year; the trailing twelve-month figure through Mar 2026 was $17.1 million (down 21.27% YoY), and the FY2025 annual result was $16.0 million, down 59.92% from the prior year.
- Operating Expenses climbed to $4.8 million in Q1 2026 per RPT's latest filing, from $4.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $23.7 million in Q1 2024 and troughed at $3.8 million in Q1 2025.
- A 5-year average of $7.5 million and a median of $6.7 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 11734.21% in 2022, then slumped 84.16% in 2025.
- A 5-year view of Operating Expenses shows it stood at $7.4 million in 2022, then dropped by 15.27% to $6.3 million in 2023, then plunged by 40.11% to $3.8 million in 2024, then climbed by 14.38% to $4.3 million in 2025, then rose by 12.44% to $4.8 million in 2026.
- Business Quant data shows RPT's Operating Expenses at $4.8 million in Q1 2026, $4.3 million in Q4 2025, and $4.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 63.74 Mn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 34.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 480.31 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 1.24 Bn |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 110.77 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 21.25 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 15.35 Mn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 80.37 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 49.45 Mn |
| 10 | Rithm Property Trust | 110.75 Mn | -137.27 Mn | - | 4.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.85 Mn |
| Dec 31, 2025 | 4.31 Mn |
| Sep 30, 2025 | 3.97 Mn |
| Jun 30, 2025 | 3.96 Mn |
| Mar 31, 2025 | 3.75 Mn |
| Dec 31, 2024 | 3.77 Mn |
| Sep 30, 2024 | 5.19 Mn |
| Jun 30, 2024 | 8.99 Mn |
| Mar 31, 2024 | 23.70 Mn |
| Dec 31, 2023 | 6.29 Mn |
| Sep 30, 2023 | 6.65 Mn |
| Jun 30, 2023 | 8.87 Mn |
| Mar 31, 2023 | 7.86 Mn |
| Dec 31, 2022 | 7.43 Mn |
| Sep 30, 2022 | 8.84 Mn |
| Jun 30, 2022 | 9.76 Mn |
| Mar 31, 2022 | 9.37 Mn |
| Dec 31, 2021 | 9.66 Mn |
| Sep 30, 2021 | -76,000.00 |
| Jun 30, 2021 | 88,000.00 |