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
DateValue
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