Redwood Trust (RWT) Interest Expenses (2009 - 2026)
Redwood Trust (RWT) posted quarterly Interest Expenses of $322.2 million for Q1 2026, up 31.97% year-over-year from $244.2 million in Q1 2025, and up 16.41% quarter-over-quarter from $276.8 million in Q4 2025.
Redwood Trust (RWT) Interest Expenses (2009 - 2026) Analysis & Trends
Redwood Trust (RWT) has reported Interest Expenses for 18 consecutive years, with $322.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses rose 31.97% year-over-year to $322.2 million; the TTM figure through Mar 2026 stood at $1.2 billion (down 23.02% YoY), while the FY2025 annual figure was $1.1 billion, up 30.58% from the prior year.
- Interest Expenses grew to $322.2 million in Q1 2026 per RWT's latest filing, from $276.8 million in the prior quarter.
- Across five years, Interest Expenses topped out at $831.8 million in Q4 2024 and bottomed at -$445.4 million in Q4 2023.
- Historically, Interest Expenses has averaged $198.2 million across 5 years, with a median of $180.5 million in 2024.
- Annual changes were most pronounced in 2023 — Interest Expenses tumbled 495.59% — and 2024, when it surged 286.73%.
- Redwood Trust's Interest Expenses stood at $112.6 million in 2022, then sank by 495.59% to -$445.4 million in 2023, then soared by 286.73% to $831.8 million in 2024, then plunged by 66.72% to $276.8 million in 2025, then rose by 16.41% to $322.2 million in 2026.
- Business Quant data shows RWT's Interest Expenses at $322.2 million in Q1 2026, $276.8 million in Q4 2025, and $284.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 1.32 Bn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 709.00 Mn |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 344.58 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 201.50 Mn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 208.97 Mn |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 227.18 Mn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 285.73 Mn |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 98.55 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 104.22 Mn |
| 10 | Redwood Trust | 590.95 Mn | 399.10 Mn | - | 353.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 353.15 Mn |
| Jun 30, 2026 | 353.15 Mn |
| Mar 31, 2026 | 322.20 Mn |
| Mar 31, 2026 | 322.20 Mn |
| Dec 31, 2025 | 276.78 Mn |
| Dec 31, 2025 | 276.78 Mn |
| Sep 30, 2025 | 284.54 Mn |
| Sep 30, 2025 | 284.54 Mn |
| Jun 30, 2025 | 270.50 Mn |
| Jun 30, 2025 | 270.50 Mn |
| Mar 31, 2025 | 244.15 Mn |
| Mar 31, 2025 | 244.15 Mn |
| Dec 31, 2024 | 831.79 Mn |
| Dec 31, 2024 | 831.79 Mn |
| Sep 30, 2024 | 223.15 Mn |
| Sep 30, 2024 | 223.15 Mn |
| Jun 30, 2024 | 200.12 Mn |
| Jun 30, 2024 | 200.12 Mn |
| Mar 31, 2024 | 180.53 Mn |
| Mar 31, 2024 | 180.53 Mn |