Redwood Trust (RWT) Net Income (2009 - 2026)
Redwood Trust's (RWT) quarterly Net Income came in at -$5.5 million in Q1 2026, down 134.08% year-on-year from $16.1 million in Q1 2025, and down 127.48% on a QoQ basis from $20.0 million in Q4 2025.
Redwood Trust (RWT) Net Income (2009 - 2026) Analysis & Trends
Redwood Trust (RWT) has 18 years of Net Income data on file, last reported at -$5.5 million in Q1 2026.
- On a quarterly basis, Net Income fell 134.08% year-over-year to -$5.5 million in Q1 2026; TTM through Mar 2026 was -$91.7 million, a 329.83% decrease from a year earlier, with the FY2025 full-year figure at -$70.0 million, down 229.67% from the prior year.
- Net Income for Q1 2026 stood at -$5.5 million, down from $20.0 million in the prior quarter.
- Over the last five years, Net Income for RWT reached as high as $30.5 million in Q1 2022 and fell as low as -$100.0 million in Q2 2022.
- Historically, Net Income has averaged -$11.1 million across 5 years, with a median of $2.9 million in 2023.
- Across the five-year window, Net Income jumped 572.94% in 2024 and sank 734.04% in 2025, its largest moves.
- Year by year, Net Income stood at -$44.1 million in 2022, then soared by 147.76% to $21.0 million in 2023, then tumbled by 131.45% to -$6.6 million in 2024, then jumped by 402.55% to $20.0 million in 2025, then plunged by 127.48% to -$5.5 million in 2026.
- Per Business Quant data, the three most recent Net Income figures were -$5.5 million in Q1 2026, $20.0 million in Q4 2025, and -$7.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 290.52 Mn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 57.42 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 109.48 Mn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | -6.34 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 89.90 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 32.25 Mn |
| 10 | Redwood Trust | 612.62 Mn | 410.20 Mn | - | -5.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.50 Mn |
| Dec 31, 2025 | 20.02 Mn |
| Sep 30, 2025 | -7.70 Mn |
| Jun 30, 2025 | -98.49 Mn |
| Mar 31, 2025 | 16.15 Mn |
| Dec 31, 2024 | -6.62 Mn |
| Sep 30, 2024 | 14.83 Mn |
| Jun 30, 2024 | 15.53 Mn |
| Mar 31, 2024 | 30.26 Mn |
| Dec 31, 2023 | 21.04 Mn |
| Sep 30, 2023 | -30.81 Mn |
| Jun 30, 2023 | 2.87 Mn |
| Mar 31, 2023 | 4.50 Mn |
| Dec 31, 2022 | -44.06 Mn |
| Sep 30, 2022 | -50.41 Mn |
| Jun 30, 2022 | -99.97 Mn |
| Mar 31, 2022 | 30.46 Mn |
| Dec 31, 2021 | 44.05 Mn |
| Sep 30, 2021 | 88.29 Mn |
| Jun 30, 2021 | 90.03 Mn |