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.

• On a quarterly basis, Operating Expenses rose 31.72% year-over-year to $49.4 million in Q1 2026; TTM through Mar 2026 was $165.8 million, a 19.05% increase from a year earlier, with the FY2025 full-year figure at $153.9 million, up 12.87% from the prior year.
• Operating Expenses for Q1 2026 stood at $49.4 million, up from $40.8 million in the prior quarter.
• Over the last five years, Operating Expenses for RWT reached as high as $49.4 million in Q1 2026 and fell as low as $29.7 million in Q3 2023.
• Historically, Operating Expenses has averaged $35.8 million across 5 years, with a median of $35.6 million in 2023.
• Across the five-year window, Operating Expenses declined 25.61% in 2022 and jumped 31.72% in 2026, its largest moves.
• Year by year, Operating Expenses stood at $39.2 million in 2022, then fell by 17.74% to $32.2 million in 2023, then increased by 0.91% to $32.5 million in 2024, then grew by 25.37% to $40.8 million in 2025, then increased by 21.02% to $49.4 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $49.4 million in Q1 2026, $40.8 million in Q4 2025, and $38.7 million in Q3 2025.