Adamas Trust (ADAMH) Net Income (2010 - 2026)

Adamas Trust (ADAMH) reported Net Income of -$37.1 million for Q1 2026, up 37.74% on a YoY basis from -$26.9 million in Q1 2025, and up 47.87% quarter-over-quarter from -$71.1 million in Q4 2025.

Adamas Trust (ADAMH) Net Income (2010 - 2026) Analysis & Trends

Adamas Trust has reported Net Income for 17 years, with the latest figure at -$37.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Net Income rose 37.74% year-over-year to -$37.1 million; the trailing twelve-month figure through Mar 2026 stood at -$292.5 million (up 9.96% YoY), and the FY2025 full-year result was -$315.0 million, up 23.43% from the prior year.
  • Net Income for Q1 2026 stood at -$37.1 million, up from -$71.1 million in the prior quarter.
  • The five-year high for Net Income was -$25.2 million in Q1 2023, with the low at -$156.5 million in Q3 2022.
  • Historically, Net Income has averaged -$88.4 million across 5 years, with a median of -$84.3 million in 2025.
  • Annual changes were most pronounced in 2022 — Net Income tumbled 623.44% — and 2023, when it surged 77.15%.
  • Adamas Trust's Net Income stood at -$83.9 million in 2022, then soared by 65.11% to -$29.3 million in 2023, then plunged by 316.37% to -$121.8 million in 2024, then jumped by 41.6% to -$71.1 million in 2025, then jumped by 47.87% to -$37.1 million in 2026.
  • The last three Net Income figures came in at -$37.1 million (Q1 2026), -$71.1 million (Q4 2025), and -$84.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 290.52 Mn
2 AGNC Investment 11.42 Bn 10.75 Bn - -
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 57.42 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - 109.48 Mn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - -6.34 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - -
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - 89.93 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 32.25 Mn
10 Adamas Trust - - - -37.09 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -37.09 Mn
Dec 31, 2025 -71.14 Mn
Sep 30, 2025 -84.26 Mn
Jun 30, 2025 -100.01 Mn
Mar 31, 2025 -59.57 Mn
Dec 31, 2024 -121.82 Mn
Sep 30, 2024 -47.66 Mn
Jun 30, 2024 -95.81 Mn
Mar 31, 2024 -146.09 Mn
Dec 31, 2023 -29.26 Mn
Sep 30, 2023 -142.28 Mn
Jun 30, 2023 -73.22 Mn
Mar 31, 2023 -25.17 Mn
Dec 31, 2022 -83.87 Mn
Sep 30, 2022 -156.46 Mn
Jun 30, 2022 -119.56 Mn
Mar 31, 2022 -110.18 Mn
Dec 31, 2021 17.30 Mn
Sep 30, 2021 29.89 Mn
Jun 30, 2021 30.90 Mn