Ready Capital (RC) Interest Expense - Debt (2013 - 2026)

Ready Capital's (RC) quarterly Interest Expense - Debt came in at $47.9 million in Q1 2026, up 16.37% year-on-year from $41.1 million in Q1 2025, and down 11.08% quarter-over-quarter from $53.8 million in Q4 2025.

Ready Capital (RC) Interest Expense - Debt (2013 - 2026) Analysis & Trends

Ready Capital's Interest Expense - Debt history runs 12 years deep, the most recent figure standing at $47.9 million for Q1 2026.

  • On a quarterly basis, Interest Expense - Debt rose 16.37% year-over-year to $47.9 million in Q1 2026; TTM through Mar 2026 was $220.0 million, a 15.45% increase from a year earlier, with the FY2025 full-year figure at $213.2 million, up 8.22% from the prior year.
  • Interest Expense - Debt slipped to $47.9 million in Q1 2026 per RC's latest filing, from $53.8 million in the prior quarter.
  • Across five years, Interest Expense - Debt topped out at $64.0 million in Q3 2025 and bottomed at $19.6 million in Q1 2022.
  • The 5-year median for Interest Expense - Debt is $47.6 million (2024), against an average of $46.0 million.
  • Across the five-year window, Interest Expense - Debt jumped 448.8% in 2022 and retreated 14.54% in 2024, its largest moves.
  • Year by year, Interest Expense - Debt stood at $37.5 million in 2022, then soared by 44.16% to $54.1 million in 2023, then fell by 14.54% to $46.2 million in 2024, then rose by 16.51% to $53.8 million in 2025, then slipped by 11.08% to $47.9 million in 2026.
  • Per Business Quant, the three latest RC Interest Expense - Debt figures stand at $47.9 million (Q1 2026), $53.8 million (Q4 2025), and $64.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Debt (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - -
2 AGNC Investment 11.85 Bn 11.36 Bn - -
3 Starwood Property Trust 5.99 Bn 5.94 Bn - -
4 Rithm Capital 5.01 Bn 5.01 Bn - -
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - -
6 Ellington Financial 1.63 Bn 1.51 Bn - -
7 Dynex Capital 1.56 Bn 1.05 Bn - -
8 Armour Residential REIT 1.42 Bn 1.34 Bn - -
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 109,000.00
10 Ready Capital 243.87 Mn 243.87 Mn - 47.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 47.86 Mn
Dec 31, 2025 53.82 Mn
Sep 30, 2025 64.01 Mn
Jun 30, 2025 54.29 Mn
Mar 31, 2025 41.12 Mn
Dec 31, 2024 46.19 Mn
Sep 30, 2024 51.71 Mn
Jun 30, 2024 51.50 Mn
Mar 31, 2024 47.64 Mn
Dec 31, 2023 54.05 Mn
Sep 30, 2023 49.69 Mn
Jun 30, 2023 47.28 Mn
Mar 31, 2023 45.22 Mn
Dec 31, 2022 37.49 Mn
Sep 30, 2022 42.12 Mn
Jun 30, 2022 28.15 Mn
Mar 31, 2022 19.62 Mn
Dec 31, 2021 6.83 Mn
Sep 30, 2021 14.05 Mn
Jun 30, 2021 18.07 Mn