Redwood Trust (RWT) Operating Expenses (2009 - 2026)

Redwood Trust (RWT) has 18 years of Operating Expenses data on file, last reported at $49.4 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $49.4 million, up 31.72% year-over-year; the trailing twelve-month figure through Mar 2026 was $165.8 million (up 19.05% YoY), and the FY2025 annual result was $153.9 million, up 12.87% from the prior year.
• Operating Expenses rose to $49.4 million in Q1 2026 per RWT's latest filing, from $40.8 million in the prior quarter.
• Over five years, Operating Expenses peaked at $49.4 million in Q1 2026 and troughed at $29.7 million in Q3 2023.
• A 5-year average of $35.8 million and a median of $35.6 million in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2026: Operating Expenses retreated 25.61% in 2022, then soared 31.72% in 2026.
• A 5-year view of Operating Expenses shows it stood at $39.2 million in 2022, then slipped by 17.74% to $32.2 million in 2023, then advanced by 0.91% to $32.5 million in 2024, then gained by 25.37% to $40.8 million in 2025, then advanced by 21.02% to $49.4 million in 2026.
• Business Quant data shows RWT's Operating Expenses at $49.4 million in Q1 2026, $40.8 million in Q4 2025, and $38.7 million in Q3 2025.