Redwood Trust (RWT) Interest Expenses (2009 - 2026)
Redwood Trust's Interest Expenses came in at $353.15 million for Q2 2026, up 30.6% from $270.5 million a year earlier and up 9.6% from the prior quarter.
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Analysis
Redwood Trust (RWT) Interest Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Redwood Trust reported Interest Expenses of $1.26 billion, up 29.1% year-over-year; for FY2025, it came in at $1.1 billion, up 30.6% from FY2024.
- Interest Expenses has increased in each of the last four years, with a five-year compound annual growth rate of 19.7% (FY2020 to FY2025).
- Going back by year, Interest Expenses was $842.56 million in FY2024 (+33.4%), $631.52 million in FY2023 (+14.3%), $552.4 million in FY2022 (+29.4%) and $426.75 million in FY2021 (-4.7%).
- The Q2 2026 figure represents the highest quarterly Interest Expenses in data going back to Q2 2009.
- Year-over-year, Interest Expenses has increased for 21 consecutive quarters, with growth averaging 33.7% over the last eight quarters.
- The year-over-year growth in Interest Expenses has ranged between 3.3% (Q3 2021) and 42.4% (Q3 2024) over the last five years.
- Business Quant data shows RWT's Interest Expenses at $322.2 million (Q1 2026), $301.04 million (Q4 2025) and $284.54 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 374.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 281.69 Mn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 33.32 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 118.51 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 975.00 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 214.00 Mn |
| 10 | Redwood Trust | 486.10 Mn | -390.14 Mn | - | 353.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 353.15 Mn |
| Mar 31, 2026 | 322.20 Mn |
| Dec 31, 2025 | 301.04 Mn |
| Sep 30, 2025 | 284.54 Mn |
| Jun 30, 2025 | 270.50 Mn |
| Mar 31, 2025 | 244.15 Mn |
| Dec 31, 2024 | 238.76 Mn |
| Sep 30, 2024 | 223.15 Mn |
| Jun 30, 2024 | 200.12 Mn |
| Mar 31, 2024 | 180.53 Mn |
| Dec 31, 2023 | 169.83 Mn |
| Sep 30, 2023 | 156.72 Mn |
| Jun 30, 2023 | 152.89 Mn |
| Mar 31, 2023 | 152.08 Mn |
| Dec 31, 2022 | 146.41 Mn |
| Sep 30, 2022 | 142.73 Mn |
| Jun 30, 2022 | 126.97 Mn |
| Mar 31, 2022 | 136.30 Mn |
| Dec 31, 2021 | 112.38 Mn |
| Sep 30, 2021 | 103.75 Mn |
API Access
Redwood Trust Interest Expenses 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=interest-expenses&ticker=RWT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=RWT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();