Redwood Trust (RWT) Intangibles (2012 - 2026)
Redwood Trust (RWT) posted quarterly Intangibles of $299.7 million for Q1 2026, little changed year-over-year from $298.3 million in Q1 2025, and down 0.84% quarter-over-quarter from $302.2 million in Q4 2025.
Redwood Trust (RWT) Intangibles (2012 - 2026) Analysis & Trends
Redwood Trust (RWT) has reported Intangibles for 14 consecutive years, with $299.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Intangibles changed 0.47% year-over-year to $299.7 million; the TTM figure through Mar 2026 stood at $299.7 million (changed 0.47% YoY), while the FY2025 annual figure was $302.2 million, up 1.53% from the prior year.
- Intangibles retreated to $299.7 million in Q1 2026 per RWT's latest filing, from $302.2 million in the prior quarter.
- Across five years, Intangibles topped out at $302.2 million in Q4 2025 and bottomed at $25.7 million in Q1 2024.
- Historically, Intangibles has averaged $155.5 million across 5 years, with a median of $44.1 million in 2022.
- Annual changes were most pronounced in 2024 — Intangibles tumbled 32.1% — and 2025, when it soared 1062.61%.
- Redwood Trust's Intangibles stood at $40.9 million in 2022, then plunged by 30.4% to $28.5 million in 2023, then soared by 945.9% to $297.7 million in 2024, then gained by 1.53% to $302.2 million in 2025, then slipped by 0.84% to $299.7 million in 2026.
- Business Quant data shows RWT's Intangibles at $299.7 million in Q1 2026, $302.2 million in Q4 2025, and $282.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 4.09 Bn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 440.97 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 355.54 Mn |
| 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 | - | 30.04 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | - |
| 10 | Redwood Trust | 590.95 Mn | 399.10 Mn | - | 290.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 290.83 Mn |
| Mar 31, 2026 | 299.70 Mn |
| Dec 31, 2025 | 302.23 Mn |
| Sep 30, 2025 | 282.26 Mn |
| Jun 30, 2025 | 298.00 Mn |
| Mar 31, 2025 | 298.29 Mn |
| Dec 31, 2024 | 297.68 Mn |
| Mar 31, 2024 | 25.66 Mn |
| Dec 31, 2023 | 28.46 Mn |
| Sep 30, 2023 | 31.57 Mn |
| Jun 30, 2023 | 34.68 Mn |
| Mar 31, 2023 | 37.78 Mn |
| Dec 31, 2022 | 40.89 Mn |
| Sep 30, 2022 | 44.13 Mn |
| Dec 31, 2021 | 41.56 Mn |
| Dec 31, 2019 | 95.00 Mn |
| Jun 30, 2019 | 47.40 Mn |
| Mar 31, 2019 | 55.28 Mn |
| Dec 31, 2018 | 60.28 Mn |
| Sep 30, 2018 | 63.79 Mn |