Adamas Trust (ADAM) Intangibles (2024 - 2026)
Adamas Trust's (ADAM) quarterly Intangibles came in at $20.0 million in Q1 2026, down 1.64% on a YoY basis from $20.3 million in Q1 2025, and up 2.65% quarter-over-quarter from $19.4 million in Q2 2025.
Analysis
Adamas Trust (ADAM) Intangibles (2024 - 2026) Analysis & Trends
Adamas Trust (ADAM) has reported Intangibles for 3 consecutive years, with $20.0 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Intangibles fell 1.64% year-over-year to $20.0 million; the trailing twelve-month figure through Mar 2026 stood at $20.0 million (down 1.64% YoY), and the FY2024 full-year result was $21.0 million, changed N/A from the prior year.
- Intangibles improved to $20.0 million in Q1 2026 per ADAM's latest filing, from $19.4 million in the prior quarter.
- Across five years, Intangibles topped out at $21.0 million in Q4 2024 and bottomed at $19.4 million in Q2 2025.
- Historically, Intangibles has averaged $20.2 million across 3 years, with a median of $20.1 million in 2025.
- The widest YoY moves for Intangibles: up 1.64% in 2026, down 1.64% in 2026.
- Over 3 years, Intangibles stood at $21.0 million in 2024, then retreated by 7.4% to $19.4 million in 2025, then climbed by 2.65% to $20.0 million in 2026.
- According to Business Quant data, Intangibles over the past three periods registered $20.0 million, $19.4 million, and $20.3 million for Q1 2026, Q2 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 4.09 Bn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 440.97 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 355.54 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 2.34 Bn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 30.04 Mn |
| 10 | Adamas Trust | 875.05 Mn | 662.74 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 19.97 Mn |
| Jun 30, 2025 | 19.45 Mn |
| Mar 31, 2025 | 20.30 Mn |
| Dec 31, 2024 | 21.00 Mn |