Rithm Property Trust Inc. (RPT) FY2025 10-K Annual Report

Filed: Feb 18, 2026
Financials
Real Estate Investment TrustsSEC EDGAR

Rithm Property Trust Inc. (RPT) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 18, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Rithm Property Trust Inc. FY2025 10-K Analysis

Business Overview

  • Core business: Investment in and management of qualifying real estate assets primarily through subsidiaries relying on Investment Company Act exemptions
  • No new products or services; emphasis on maintaining regulatory compliance under Sections 3(c)(5)(C) and 3(c)(6) for asset qualification
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Management Discussion & Analysis

  • Revenue: Net interest income $15.4M in 2025 vs $9.3M in 2024, up $6.1M driven by stable interest income ($52.8M) and lower interest expense ($37.4M vs $43.6M)
  • Profitability: Expenses $16.0M in 2025 vs $39.9M in 2024, down $23.9M primarily from $17.0M lower management fees; other income $2.1M vs loss $62.3M in 2024, $64.4M favorable
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Risk Factors

  • No specific regulatory or legal risk named in the text
  • No geopolitical or macroeconomic threat detailed in the text
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Rithm Property Trust Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$53M

-0.1% YoY

Net Income

$1M

+101.6% YoY

Net Margin

2.8%

+17647bp YoY

ROE

0.5%

+3770bp YoY

Total Assets

$1.0B

+6.6% YoY

EPS (Diluted)

$-0.36

+84.3% YoY

Operating Cash Flow

-$8M

-2963.8% YoY

Source: XBRL data from Rithm Property Trust Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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