Adamas Trust (ADAM) EBITDA (2010 - 2026)
Adamas Trust (ADAM) posted quarterly EBITDA of $53.1 million for Q2 2026, up 1140.15% year-over-year from $4.3 million in Q2 2025, and down 38.81% on a QoQ basis from $86.7 million in Q1 2026.
Adamas Trust (ADAM) EBITDA (2010 - 2026) Analysis & Trends
Adamas Trust has reported EBITDA for 17 years, with the latest figure at $53.1 million in Q2 2026.
- EBITDA for Q2 2026 came in at $53.1 million, up 1140.15% year-over-year; the trailing twelve-month figure through Jun 2026 was $235.6 million (up 344.66% YoY), and the FY2025 annual result was $137.8 million, up 248.31% from the prior year.
- EBITDA declined to $53.1 million in Q2 2026, from $86.7 million in the prior quarter.
- Over five years, EBITDA peaked at $86.7 million in Q1 2026 and troughed at -$118.2 million in Q3 2022.
- A 5-year average of -$13.0 million and a median of -$9.7 million in 2024 frame the typical range for EBITDA.
- The widest annual swing landed in 2024, when EBITDA sank 665.45%; it then surged 1140.15% in 2026.
- A 5-year view of EBITDA shows it stood at -$42.4 million in 2022, then jumped by 177.49% to $32.9 million in 2023, then plunged by 196.76% to -$31.8 million in 2024, then soared by 277.12% to $56.3 million in 2025, then retreated by 5.78% to $53.1 million in 2026.
- Per Business Quant data, the three most recent EBITDA figures were $53.1 million in Q2 2026, $86.7 million in Q1 2026, and $56.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 2.16 Bn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 365.81 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 288.38 Mn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 148.42 Mn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 145.66 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 55.05 Mn |
| 10 | Adamas Trust | 908.34 Mn | 696.03 Mn | - | 53.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 53.07 Mn |
| Mar 31, 2026 | 86.73 Mn |
| Dec 31, 2025 | 56.32 Mn |
| Sep 30, 2025 | 39.49 Mn |
| Jun 30, 2025 | 4.28 Mn |
| Mar 31, 2025 | 37.71 Mn |
| Dec 31, 2024 | -31.80 Mn |
| Sep 30, 2024 | 42.79 Mn |
| Jun 30, 2024 | -23.74 Mn |
| Mar 31, 2024 | -80.17 Mn |
| Dec 31, 2023 | 32.87 Mn |
| Sep 30, 2023 | -93.93 Mn |
| Jun 30, 2023 | -30.84 Mn |
| Mar 31, 2023 | 14.18 Mn |
| Dec 31, 2022 | -42.41 Mn |
| Sep 30, 2022 | -118.22 Mn |
| Jun 30, 2022 | -90.73 Mn |
| Mar 31, 2022 | -88.74 Mn |
| Dec 31, 2021 | 36.04 Mn |
| Sep 30, 2021 | 52.40 Mn |