Redwood Trust (RWT) Accumulated Expenses (2009 - 2026)

Redwood Trust's (RWT) quarterly Accumulated Expenses came in at $417.7 million in Q1 2026, down 8.51% year-on-year from $456.5 million in Q1 2025, and up 4.69% on a QoQ basis from $398.9 million in Q4 2025.

Redwood Trust (RWT) Accumulated Expenses (2009 - 2026) Analysis & Trends

Redwood Trust (RWT) has 15 years of Accumulated Expenses data on file, last reported at $417.7 million in Q1 2026.

  • On a quarterly basis, Accumulated Expenses fell 8.51% year-over-year to $417.7 million in Q1 2026; TTM through Mar 2026 was $417.7 million, a 8.51% decrease from a year earlier, with the FY2025 full-year figure at $398.9 million, up 27.16% from the prior year.
  • Accumulated Expenses for Q1 2026 stood at $417.7 million, up from $398.9 million in the prior quarter.
  • Over the last five years, Accumulated Expenses for RWT reached as high as $480.7 million in Q2 2025 and fell as low as $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.
  • Across the five-year window, Accumulated Expenses slumped 64.43% in 2024 and soared 389.93% in 2025, its largest moves.
  • Year by year, Accumulated Expenses stood at $180.2 million in 2022, then advanced by 20.31% to $216.8 million in 2023, then surged by 44.71% to $313.7 million in 2024, then increased by 27.16% to $398.9 million in 2025, then advanced by 4.69% to $417.7 million in 2026.
  • Per Business Quant data, the three most recent Accumulated Expenses figures were $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 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 -
10 Redwood Trust 612.62 Mn 410.20 Mn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 191.71 Mn