Adamas Trust (ADAM) EBT (2010 - 2026)
Adamas Trust's (ADAM) quarterly EBT came in at -$71.1 million in Q2 2026, up 29.01% on a YoY basis from -$55.1 million in Q2 2025, and down 92.58% quarter-over-quarter from -$36.9 million in Q1 2026.
Analysis
Adamas Trust (ADAM) EBT (2010 - 2026) Analysis & Trends
Adamas Trust (ADAM) has reported EBT for 17 consecutive years, with -$71.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT rose 29.01% year-over-year to -$71.1 million; the trailing twelve-month figure through Jun 2026 stood at -$263.8 million (up 19.52% YoY), and the FY2025 full-year result was -$314.8 million, up 23.27% from the prior year.
- EBT slipped to -$71.1 million in Q2 2026 per ADAM's latest filing, from -$36.9 million in the prior quarter.
- Across five years, EBT topped out at -$25.2 million in Q1 2023 and bottomed at -$156.8 million in Q3 2022.
- Historically, EBT has averaged -$87.4 million across 5 years, with a median of -$83.8 million in 2022.
- The sharpest annual moves came in 2022 and 2023: EBT plunged 604.06% in 2022, then soared 77.17% in 2023.
- Over 5 years, EBT stood at -$83.1 million in 2022, then soared by 64.94% to -$29.1 million in 2023, then plunged by 323.5% to -$123.3 million in 2024, then jumped by 42.28% to -$71.2 million in 2025, then increased by 0.1% to -$71.1 million in 2026.
- According to Business Quant data, EBT over the past three periods registered -$71.1 million, -$36.9 million, and -$71.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 834.67 Mn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 21.23 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 86.89 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 68.20 Mn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | -78.77 Mn |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 47.11 Mn |
| 10 | Adamas Trust | 875.05 Mn | 662.74 Mn | - | -71.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -71.12 Mn |
| Mar 31, 2026 | -36.93 Mn |
| Dec 31, 2025 | -71.19 Mn |
| Sep 30, 2025 | -84.56 Mn |
| Jun 30, 2025 | -100.18 Mn |
| Mar 31, 2025 | -58.92 Mn |
| Dec 31, 2024 | -123.34 Mn |
| Sep 30, 2024 | -45.33 Mn |
| Jun 30, 2024 | -95.47 Mn |
| Mar 31, 2024 | -146.20 Mn |
| Dec 31, 2023 | -29.12 Mn |
| Sep 30, 2023 | -142.34 Mn |
| Jun 30, 2023 | -73.24 Mn |
| Mar 31, 2023 | -25.16 Mn |
| Dec 31, 2022 | -83.07 Mn |
| Sep 30, 2022 | -156.79 Mn |
| Jun 30, 2022 | -119.47 Mn |
| Mar 31, 2022 | -110.21 Mn |
| Dec 31, 2021 | 18.46 Mn |
| Sep 30, 2021 | 31.11 Mn |