Ready Capital RC
NYSE RC
$1.71 -0.04 (-2.29%)
As of: Sep 8, 2026 · 3:59 PM EDT

Ready Capital (RC) Operating Expenses (2012 - 2026)

Ready Capital (RC) posted Operating Expenses of $77.6 million for Q2 2026, down 6.24% on a QoQ basis from $82.7 million in Q1 2026, and up 10.38% year-over-year from $70.3 million in Q2 2025.

Analysis

Ready Capital (RC) Operating Expenses (2012 - 2026) Analysis & Trends

Ready Capital has reported Operating Expenses for 15 years, with the latest figure at $77.6 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 10.38% year-over-year to $77.6 million in Q2 2026; TTM through Jun 2026 was $334.7 million, a 4.69% increase from a year earlier, with the FY2025 full-year figure at $317.3 million, down 1.62% from the prior year.
  • Operating Expenses was $77.6 million for Q2 2026 at Ready Capital, down from $82.7 million in the prior quarter.
  • The five-year high for Operating Expenses was $106.9 million in Q4 2024, with the low at $15.5 million in Q4 2022.
  • Average Operating Expenses over 5 years is $71.6 million, with a median of $71.6 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses fell 26.68% in 2022, then soared 416.12% in 2023.
  • Over 5 years, Operating Expenses stood at $15.5 million in 2022, then jumped by 416.12% to $79.9 million in 2023, then surged by 33.76% to $106.9 million in 2024, then retreated by 6.4% to $100.0 million in 2025, then retreated by 22.46% to $77.6 million in 2026.
  • The last three Operating Expenses figures came in at $77.6 million (Q2 2026), $82.7 million (Q1 2026), and $100.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - 71.74 Mn
2 AGNC Investment 12.43 Bn 11.10 Bn - 30.00 Mn
3 Starwood Property Trust 5.84 Bn 3.67 Bn - 524.77 Mn
4 Rithm Capital 5.57 Bn 5.57 Bn - 1.28 Bn
5 Dynex Capital 2.88 Bn 2.27 Bn - 16.21 Mn
6 Two Harbors Investment 2.65 Bn 2.01 Bn - 51.40 Mn
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - 111.00 Mn
8 Armour Residential REIT 2.11 Bn 2.02 Bn - 17.16 Mn
9 Ellington Financial 1.71 Bn 1.46 Bn - 76.02 Mn
10 Ready Capital 282.34 Mn 282.34 Mn - 77.57 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 77.57 Mn
Mar 31, 2026 82.73 Mn
Dec 31, 2025 100.05 Mn
Sep 30, 2025 74.34 Mn
Jun 30, 2025 70.28 Mn
Mar 31, 2025 72.60 Mn
Dec 31, 2024 106.89 Mn
Sep 30, 2024 69.93 Mn
Jun 30, 2024 67.44 Mn
Mar 31, 2024 78.26 Mn
Dec 31, 2023 79.91 Mn
Sep 30, 2023 65.51 Mn
Jun 30, 2023 70.70 Mn
Mar 31, 2023 56.05 Mn
Dec 31, 2022 15.48 Mn
Sep 30, 2022 74.60 Mn
Jun 30, 2022 58.72 Mn
Mar 31, 2022 67.54 Mn
Dec 31, 2021 -59.24 Mn
Sep 30, 2021 88.82 Mn