Adamas Trust (ADAM) Investment Gain (Loss) (2011 - 2026)
Adamas Trust's (ADAM) quarterly Investment Gain (Loss) came in at -$13.0 million in Q2 2026, down 189.38% on a YoY basis from $14.5 million in Q2 2025, and up 79.65% quarter-over-quarter from -$63.7 million in Q1 2026.
Analysis
Adamas Trust (ADAM) Investment Gain (Loss) (2011 - 2026) Analysis & Trends
Adamas Trust (ADAM) has reported Investment Gain (Loss) for 16 consecutive years, with -$13.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Investment Gain (Loss) fell 189.38% year-over-year to -$13.0 million; the trailing twelve-month figure through Jun 2026 stood at -$3.8 million (up 95.48% YoY), and the FY2025 full-year result was $173.9 million, up 295.83% from the prior year.
- Investment Gain (Loss) grew to -$13.0 million in Q2 2026 per ADAM's latest filing, from -$63.7 million in the prior quarter.
- Across five years, Investment Gain (Loss) topped out at $74.5 million in Q4 2023 and bottomed at -$86.5 million in Q1 2025.
- Historically, Investment Gain (Loss) has averaged -$6.3 million across 5 years, with a median of -$1.4 million in 2022.
- The sharpest annual moves came in 2022 and 2024: Investment Gain (Loss) slumped 1326.71% in 2022, then surged 291.15% in 2024.
- Over 5 years, Investment Gain (Loss) stood at -$52.4 million in 2022, then surged by 242.16% to $74.5 million in 2023, then slumped by 193.15% to -$69.4 million in 2024, then surged by 136.17% to $25.1 million in 2025, then plunged by 151.63% to -$13.0 million in 2026.
- According to Business Quant data, Investment Gain (Loss) over the past three periods registered -$13.0 million, -$63.7 million, and $25.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Investment Gain (Loss) (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | -38.24 Mn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 30.00 Mn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 5.66 Mn |
| 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 | - | 8.21 Mn |
| 10 | Adamas Trust | 875.05 Mn | 662.74 Mn | - | -12.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.96 Mn |
| Mar 31, 2026 | -63.70 Mn |
| Dec 31, 2025 | 25.10 Mn |
| Sep 30, 2025 | 47.80 Mn |
| Jun 30, 2025 | 14.50 Mn |
| Mar 31, 2025 | -86.50 Mn |
| Dec 31, 2024 | -69.40 Mn |
| Sep 30, 2024 | 58.30 Mn |
| Jun 30, 2024 | -14.60 Mn |
| Mar 31, 2024 | -33.20 Mn |
| Dec 31, 2023 | 74.50 Mn |
| Sep 30, 2023 | -30.50 Mn |
| Jun 30, 2023 | -8.50 Mn |
| Mar 31, 2023 | 5.95 Mn |
| Dec 31, 2022 | -52.41 Mn |
| Sep 30, 2022 | 19.67 Mn |
| Jun 30, 2022 | 6.03 Mn |
| Mar 31, 2022 | 5.78 Mn |
| Dec 31, 2021 | 4.27 Mn |
| Sep 30, 2021 | 10.34 Mn |