Redwood Trust (RWT) Change in Accured Expenses (2009 - 2026)
Redwood Trust's (RWT) quarterly Change in Accured Expenses came in at $18.8 million in Q1 2026, down 80.54% year-on-year from $96.5 million in Q1 2025, and up 758.61% on a QoQ basis from -$2.9 million in Q4 2025.
Redwood Trust (RWT) Change in Accured Expenses (2009 - 2026) Analysis & Trends
Redwood Trust (RWT) has 18 years of Change in Accured Expenses data on file, last reported at $18.8 million in Q1 2026.
- On a quarterly basis, Change in Accured Expenses fell 80.54% year-over-year to $18.8 million in Q1 2026; TTM through Mar 2026 was -$95.8 million, a 177.84% decrease from a year earlier, with the FY2025 full-year figure at -$18.1 million, down 174.8% from the prior year.
- Change in Accured Expenses for Q1 2026 stood at $18.8 million, up from -$2.9 million in the prior quarter.
- Over the last five years, Change in Accured Expenses for RWT reached as high as $96.5 million in Q1 2025 and fell as low as -$130.4 million in Q3 2025.
- Historically, Change in Accured Expenses has averaged -$3.8 million across 5 years, with a median of -$2.4 million in 2024.
- Across the five-year window, Change in Accured Expenses plunged 767.5% in 2024 and soared 4106.98% in 2025, its largest moves.
- Year by year, Change in Accured Expenses stood at -$17.1 million in 2022, then jumped by 45.42% to -$9.4 million in 2023, then slumped by 767.5% to -$81.1 million in 2024, then surged by 96.49% to -$2.9 million in 2025, then soared by 758.61% to $18.8 million in 2026.
- Per Business Quant data, the three most recent Change in Accured Expenses figures were $18.8 million in Q1 2026, -$2.9 million in Q4 2025, and -$130.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.64 Bn | 14.73 Bn | - | -48.24 Mn |
| 2 | AGNC Investment | 12.33 Bn | 11.83 Bn | - | 33.00 Mn |
| 3 | Rithm Capital | 5.42 Bn | 5.42 Bn | - | -249.44 Mn |
| 4 | Blackstone Mortgage Trust | 2.83 Bn | 2.29 Bn | - | 544,000.00 |
| 5 | Dynex Capital | 2.57 Bn | 2.05 Bn | - | 36.23 Mn |
| 6 | Armour Residential REIT | 2.10 Bn | 2.02 Bn | - | -540,000.00 |
| 7 | Ellington Financial | 1.67 Bn | 1.51 Bn | - | - |
| 8 | Orchid Island Capital | 1.31 Bn | 631.50 Mn | 61.82 Mn | 20.82 Mn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.26 Mn | - | -37.39 Mn |
| 10 | Redwood Trust | 563.33 Mn | 360.92 Mn | - | 18.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.78 Mn |
| Mar 31, 2026 | 18.78 Mn |
| Dec 31, 2025 | -2.85 Mn |
| Dec 31, 2025 | -2.85 Mn |
| Sep 30, 2025 | -130.42 Mn |
| Sep 30, 2025 | -130.42 Mn |
| Jun 30, 2025 | 18.69 Mn |
| Jun 30, 2025 | 18.69 Mn |
| Mar 31, 2025 | 96.49 Mn |
| Mar 31, 2025 | 96.49 Mn |
| Dec 31, 2024 | -81.11 Mn |
| Dec 31, 2024 | -81.11 Mn |
| Sep 30, 2024 | 60.37 Mn |
| Sep 30, 2024 | 60.37 Mn |
| Jun 30, 2024 | 47.34 Mn |
| Jun 30, 2024 | 47.34 Mn |
| Mar 31, 2024 | -2.41 Mn |
| Mar 31, 2024 | -2.41 Mn |
| Dec 31, 2023 | -9.35 Mn |
| Dec 31, 2023 | -9.35 Mn |