Redwood Trust (RWT) Intangibles (2012 - 2026)
Redwood Trust (RWT) reported Intangibles of $290.83 million for Q2 2026, down 2.4% from $298 million a year earlier and down 3.0% from the prior quarter.
Redwood Trust (RWT) Intangibles (2012 - 2026) Analysis & Trends
At the end of FY2025, Redwood Trust posted Intangibles of $302.23 million, up 1.5% from FY2024.
- Intangibles has a four-year compound annual growth rate of 64.2% (FY2021 to FY2025).
- By year, Intangibles came in at $297.68 million in FY2024 (+945.9%), $28.46 million in FY2023 (-30.4%), $40.89 million in FY2022 (-1.6%) and $41.56 million in FY2021.
- Five-year quarterly Intangibles spans a low of $25.66 million in Q1 2024 and a high of $302.23 million in Q4 2025.
- Year over year, Intangibles gained in three of the last four quarters, with growth averaging 236.4%.
- The high point for year-over-year Intangibles in five years was Q4 2024 (growth of 945.9%); the low point was Q1 2024 (a decline of 32.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $299.7 million (Q1 2026), $302.23 million (Q4 2025) and $282.26 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 18.91 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 26.42 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 152.00 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 4.09 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Redwood Trust | 486.10 Mn | -390.14 Mn | - | 290.83 Mn |
Historic 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 | 72.79 Mn |
| Jun 30, 2019 | 47.40 Mn |
| Mar 31, 2019 | 55.28 Mn |
| Sep 30, 2018 | 63.79 Mn |
| Jun 30, 2018 | 64.67 Mn |
Redwood Trust Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=RWT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "RWT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=RWT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();