Redwood Trust (RWT) Accumulated Expenses (2009 - 2026)
Redwood Trust (RWT) posted quarterly Accumulated Expenses of $417.7 million for Q1 2026, down 8.51% year-over-year from $456.5 million in Q1 2025, and up 4.69% quarter-over-quarter from $398.9 million in Q4 2025.
Redwood Trust (RWT) Accumulated Expenses (2009 - 2026) Analysis & Trends
Redwood Trust (RWT) has reported Accumulated Expenses for 15 consecutive years, with $417.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Accumulated Expenses fell 8.51% year-over-year to $417.7 million; the TTM figure through Mar 2026 stood at $417.7 million (down 8.51% YoY), while the FY2025 annual figure was $398.9 million, up 27.16% from the prior year.
- Accumulated Expenses improved to $417.7 million in Q1 2026 per RWT's latest filing, from $398.9 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $480.7 million in Q2 2025 and bottomed at $74.1 million in Q3 2024.
- Historically, Accumulated Expenses has averaged $275.7 million across 5 years, with a median of $241.2 million in 2024.
- Annual changes were most pronounced in 2024 — Accumulated Expenses plunged 64.43% — and 2025, when it surged 389.93%.
- Redwood Trust's Accumulated Expenses stood at $180.2 million in 2022, then rose by 20.31% to $216.8 million in 2023, then soared by 44.71% to $313.7 million in 2024, then climbed by 27.16% to $398.9 million in 2025, then rose by 4.69% to $417.7 million in 2026.
- Business Quant data shows RWT's Accumulated Expenses at $417.7 million in Q1 2026, $398.9 million in Q4 2025, and $363.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn |
| 10 | Redwood Trust | 590.95 Mn | 399.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 400.90 Mn |
| Mar 31, 2026 | 417.66 Mn |
| Dec 31, 2025 | 398.94 Mn |
| Sep 30, 2025 | 363.03 Mn |
| Jun 30, 2025 | 480.66 Mn |
| Mar 31, 2025 | 456.52 Mn |
| Dec 31, 2024 | 313.74 Mn |
| Sep 30, 2024 | 74.10 Mn |
| Jun 30, 2024 | 294.24 Mn |
| Mar 31, 2024 | 241.19 Mn |
| Dec 31, 2023 | 216.80 Mn |
| Sep 30, 2023 | 208.29 Mn |
| Jun 30, 2023 | 228.11 Mn |
| Mar 31, 2023 | 176.27 Mn |
| Dec 31, 2022 | 180.20 Mn |
| Sep 30, 2022 | 201.13 Mn |
| Jun 30, 2022 | 190.83 Mn |
| Mar 31, 2022 | 244.45 Mn |
| Dec 31, 2021 | 245.79 Mn |
| Sep 30, 2021 | 251.58 Mn |