Adamas Trust (ADAMH) Non Operating Investment Income (2018 - 2026)

Adamas Trust (ADAMH) reported Non Operating Investment Income of -$62.6 million for Q1 2026, down 33.69% on a YoY basis from -$94.4 million in Q1 2025, and down 417.2% quarter-over-quarter from $19.7 million in Q4 2025.

Adamas Trust (ADAMH) Non Operating Investment Income (2018 - 2026) Analysis & Trends

Adamas Trust has reported Non Operating Investment Income for 9 years, with the latest figure at -$62.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Non Operating Investment Income fell 33.69% year-over-year to -$62.6 million; the trailing twelve-month figure through Mar 2026 stood at -$31.2 million (down 125.91% YoY), and the FY2025 full-year result was $217.4 million, up 126.46% from the prior year.
  • Non Operating Investment Income for Q1 2026 stood at -$62.6 million, down from $19.7 million in the prior quarter.
  • The five-year high for Non Operating Investment Income was $96.9 million in Q3 2024, with the low at -$152.1 million in Q3 2022.
  • Historically, Non Operating Investment Income has averaged -$9.0 million across 5 years, with a median of $15.5 million in 2024.
  • Annual changes were most pronounced in 2022 — Non Operating Investment Income sank 604.61% — and 2024, when it surged 361.82%.
  • Adamas Trust's Non Operating Investment Income stood at -$43.9 million in 2022, then surged by 166.83% to $29.4 million in 2023, then jumped by 87.16% to $55.0 million in 2024, then plunged by 64.1% to $19.7 million in 2025, then sank by 417.2% to -$62.6 million in 2026.
  • The last three Non Operating Investment Income figures came in at -$62.6 million (Q1 2026), $19.7 million (Q4 2025), and -$13.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Investment Income (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - -672.12 Mn
2 AGNC Investment 11.42 Bn 10.75 Bn - -
3 Starwood Property Trust 6.25 Bn 6.25 Bn - -2.46 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - -15.15 Mn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - -
6 Dynex Capital 2.58 Bn 1.80 Bn - -251.81 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - 83.03 Mn
8 Ellington Financial 1.67 Bn 1.39 Bn - -
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 15.64 Mn
10 Adamas Trust - - - -62.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -62.57 Mn
Mar 31, 2026 -62.57 Mn
Dec 31, 2025 19.73 Mn
Dec 31, 2025 19.73 Mn
Sep 30, 2025 -13.01 Mn
Sep 30, 2025 -13.01 Mn
Jun 30, 2025 24.61 Mn
Jun 30, 2025 24.61 Mn
Mar 31, 2025 -46.80 Mn
Mar 31, 2025 -46.80 Mn
Dec 31, 2024 54.95 Mn
Dec 31, 2024 54.95 Mn
Sep 30, 2024 96.95 Mn
Sep 30, 2024 96.95 Mn
Jun 30, 2024 15.47 Mn
Jun 30, 2024 15.47 Mn
Mar 31, 2024 49.21 Mn
Mar 31, 2024 49.21 Mn
Dec 31, 2023 29.36 Mn
Dec 31, 2023 29.36 Mn