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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Mortgage servicing rights and mortgage servicing rights financing receivables, at fair value $ 10,389,766 $ 10,321,671
Government and government-backed securities (includes $8,538,035 and $9,711,346 at fair value, respectively) 8,562,825 9,736,116
Residential mortgage loans, held-for-sale (includes $5,888,611 and $4,307,571 at fair value, respectively) [1] 5,947,402 4,374,241
Residential mortgage loans, held-for-investment, at fair value 334,589 361,890
Consumer loans held-for-investment, at fair value [1] 598,147 665,565
Residential transition loans, at fair value 2,575,354 2,178,075
Residential mortgage loans subject to repurchase 2,700,353 2,745,756
Single-family rental properties 998,116 1,028,295
Cash and cash equivalents 1,610,958 1,458,743
Restricted cash 634,816 459,066
Servicer advances receivable 2,647,041 3,198,921
Other assets (includes $2,639,938 and $2,311,979 at fair value, respectively) [1] 4,660,595 4,563,415
Assets of Consolidated Entities    
Investments, at fair value and other assets 5,589,734 5,107,826
Total Assets 47,165,394 46,048,957
Liabilities    
Secured financing agreements [1] 16,538,685 16,782,467
Secured notes and bonds payable (includes $153,019 and $185,460 at fair value, respectively) [1] 9,545,280 10,298,075
Residential mortgage loan repurchase liability 2,700,353 2,745,756
Unsecured notes, net of issuance costs 1,417,676 1,204,220
Dividends payable 169,565 153,114
Accrued expenses and other liabilities (includes $634,225 and $525,486 at fair value, respectively) [1] 3,112,651 2,630,771
Liabilities of Consolidated Entities    
Notes payable, at fair value and other liabilities [1] 4,771,710 4,348,244
Total Liabilities 38,255,920 38,162,647
Commitments and Contingencies (Note 26)
Redeemable Noncontrolling Interests of Consolidated Subsidiaries (Note 23) 296,789 0
Stockholders’ Equity    
Preferred stock, $0.01 par value, 100,000,000 shares authorized, 57,564,122 and 51,964,122 issued and outstanding, $1,439,104 and $1,299,104 aggregate liquidation preference, respectively 1,390,790 1,257,254
Common stock, $0.01 par value, 2,000,000,000 shares authorized, 554,196,670 and 520,656,256 issued and outstanding, respectively 5,542 5,206
Additional paid-in capital 6,961,639 6,528,613
Retained earnings (accumulated deficit) 70,772 (46,985)
Accumulated other comprehensive income 69,774 50,886
Stockholders’ Equity in Rithm Capital Corp. 8,498,517 7,794,974
Noncontrolling interests in equity of consolidated subsidiaries 114,168 91,336
Total Stockholders’ Equity 8,612,685 7,886,310
Total Liabilities and Equity 47,165,394 46,048,957
Consolidated Entity, Excluding Consolidated VIE    
Assets    
Cash and cash equivalents [1] 1,610,958 1,458,743
Restricted cash [1] $ 550,514 $ 308,443
[1] The Company's consolidated balance sheets include assets and liabilities of consolidated variable interest entities (“VIEs”) and certain other consolidated VIEs, including funds and collateralized financing entities (“CFEs”) that are presented separately within assets and liabilities of consolidated entities. VIE assets can only be used to settle obligations and liabilities of the VIEs. VIE creditors do not have recourse to Rithm Capital Corp. As of September 30, 2025 and December 31, 2024, total assets of such consolidated VIEs were $7.1 billion and $6.3 billion, respectively, and total liabilities of such consolidated VIEs were $5.6 billion and $5.2 billion, respectively. See Note 20 for further details.