Rithm Capital Operating Expenses Growth & History (RITM)
Rithm Capital's operating expenses was $3.99B for fiscal 2025.
View full Rithm Capital company overviewRithm Capital annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.99B | $154.3M | +4.02% |
| 2024 | 2024-12-31 | $3.84B | $889.1M | +30.14% |
| 2023 | 2023-12-31 | $2.95B | −$402.0M | −11.99% |
| 2022 | 2022-12-31 | $3.35B | $732.6M | +27.98% |
| 2021 | 2021-12-31 | $2.62B | $825.2M | +46.00% |
| 2020 | 2020-12-31 | $1.79B | −$93.4M | −4.95% |
| 2019 | 2019-12-31 | $1.89B | $681.3M | +56.50% |
| 2018 | 2018-12-31 | $1.21B | $783.2M | +185.35% |
| 2017 | 2017-12-31 | $422.6M | $248.4M | +142.57% |
| 2016 | 2016-12-31 | $174.2M | $56.4M | +47.86% |
| 2015 | 2015-12-31 | $117.8M | $12.9M | +12.32% |
| 2014 | 2014-12-31 | $104.9M | $62.4M | +146.97% |
| 2013 | 2013-12-31 | $42.5M | $33.2M | +360.12% |
| 2012 | 2012-12-31 | $9.2M | — | — |
Rithm Capital quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.28B | $323.6M | +34.00% |
| Q1 2026 | 2026-03-31 | $1.24B | $309.7M | +33.37% |
| Q4 2025 | 2025-12-31 | $1.17B | $128.2M | +12.26% |
| Q3 2025 | 2025-09-30 | $938.9M | −$52.3M | −5.28% |
| Q2 2025 | 2025-06-30 | $951.9M | $984,000 | +0.10% |
| Q1 2025 | 2025-03-31 | $928.1M | $77.4M | +9.10% |
| Q4 2024 | 2024-12-31 | $1.05B | $235.7M | +29.09% |
| Q3 2024 | 2024-09-30 | $991.2M | $236.8M | +31.39% |
| Q2 2024 | 2024-06-30 | $950.9M | $255.1M | +36.67% |
| Q1 2024 | 2024-03-31 | $850.7M | $190.1M | +28.78% |
| Q4 2023 | 2023-12-31 | $810.2M | $133.6M | +19.74% |
| Q3 2023 | 2023-09-30 | $754.4M | $34.8M | +4.83% |
| Q2 2023 | 2023-06-30 | $695.8M | −$437.3M | −38.60% |
| Q1 2023 | 2023-03-31 | $660.6M | −$142.7M | −17.76% |
| Q4 2022 | 2022-12-31 | $676.6M | −$224.6M | −24.93% |
| Q3 2022 | 2022-09-30 | $719.6M | $3.5M | +0.49% |
| Q2 2022 | 2022-06-30 | $1.13B | $635.2M | +127.56% |
| Q1 2022 | 2022-03-31 | $803.3M | $299.7M | +59.51% |
| Q4 2021 | 2021-12-31 | $901.2M | $551.1M | +157.42% |
| Q3 2021 | 2021-09-30 | $716.1M | $217.7M | +43.68% |
| Q2 2021 | 2021-06-30 | $497.9M | $66.4M | +15.39% |
| Q1 2021 | 2021-03-31 | $503.6M | −$10.1M | −1.97% |
| Q4 2020 | 2020-12-31 | $350.1M | $14.3M | +4.26% |
| Q3 2020 | 2020-09-30 | $498.4M | $1.9M | +0.39% |
| Q2 2020 | 2020-06-30 | $431.5M | $1.7M | +0.38% |
| Q1 2020 | 2020-03-31 | $513.7M | $333.3M | +184.76% |
| Q4 2019 | 2019-12-31 | $335.8M | $146.1M | +76.99% |
| Q3 2019 | 2019-09-30 | $496.5M | $304.4M | +158.43% |
| Q2 2019 | 2019-06-30 | $429.9M | $310.1M | +258.96% |
| Q1 2019 | 2019-03-31 | $180.4M | $72.6M | +67.31% |
| Q4 2018 | 2018-12-31 | $189.7M | $92.0M | +94.16% |
| Q3 2018 | 2018-09-30 | $192.1M | $75.0M | +64.11% |
| Q2 2018 | 2018-06-30 | $119.8M | −$19.6M | −14.07% |
| Q1 2018 | 2018-03-31 | $107.8M | $39.4M | +57.53% |
| Q4 2017 | 2017-12-31 | $97.7M | $25.4M | +35.08% |
| Q3 2017 | 2017-09-30 | $117.1M | $76.5M | +188.50% |
| Q2 2017 | 2017-06-30 | $139.4M | $103.1M | +284.12% |
| Q1 2017 | 2017-03-31 | $68.4M | $43.4M | +173.59% |
| Q4 2016 | 2016-12-31 | $72.3M | $44.6M | +161.16% |
| Q3 2016 | 2016-09-30 | $40.6M | $7.7M | +23.32% |
| Q2 2016 | 2016-06-30 | $36.3M | $1.3M | +3.80% |
| Q1 2016 | 2016-03-31 | $25.0M | $2.7M | +12.33% |
| Q4 2015 | 2015-12-31 | $27.7M | −$12.5M | −31.04% |
| Q3 2015 | 2015-09-30 | $32.9M | $7.6M | +29.99% |
| Q2 2015 | 2015-06-30 | $35.0M | $5.4M | +18.39% |
| Q1 2015 | 2015-03-31 | $22.3M | $12.4M | +124.97% |
| Q4 2014 | 2014-12-31 | $40.2M | $19.8M | +97.03% |
| Q3 2014 | 2014-09-30 | $25.3M | $13.8M | +120.25% |
| Q2 2014 | 2014-06-30 | $29.5M | $24.0M | +431.74% |
| Q1 2014 | 2014-03-31 | $9.9M | $4.9M | +96.25% |
| Q4 2013 | 2013-12-31 | $20.4M | $15.3M | +297.00% |
| Q3 2013 | 2013-09-30 | $11.5M | $9.5M | +473.74% |
| Q2 2013 | 2013-06-30 | $5.6M | $4.0M | +263.35% |
| Q1 2013 | 2013-03-31 | $5.0M | $4.5M | +792.74% |
| Q4 2012 | 2012-12-31 | $5.1M | — | — |
| Q3 2012 | 2012-09-30 | $2.0M | — | — |
| Q2 2012 | 2012-06-30 | $1.5M | — | — |
| Q1 2012 | 2012-03-31 | $565,000 | — | — |
Rithm Capital operating expenses trends
Over the last five fiscal years, Rithm Capital's operating expenses increased from $1.79B to $3.99B, a change of $2.20B. The latest reported quarter, Q2 2026, shows $1.28B.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Rithm Capital source filings ↗