Redwood Trust (RWT) Tax Provisions (2009 - 2026)
Redwood Trust (RWT) posted quarterly Tax Provisions of -$2.5 million for Q1 2026, down 139.97% year-over-year from $6.3 million in Q1 2025, and down 131.26% quarter-over-quarter from $8.0 million in Q4 2025.
Redwood Trust (RWT) Tax Provisions (2009 - 2026) Analysis & Trends
Redwood Trust (RWT) has reported Tax Provisions for 18 consecutive years, with -$2.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions fell 139.97% year-over-year to -$2.5 million; the TTM figure through Mar 2026 stood at $16.4 million (down 33.19% YoY), while the FY2025 annual figure was $25.2 million, up 33.7% from the prior year.
- Tax Provisions eased to -$2.5 million in Q1 2026 per RWT's latest filing, from $8.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $8.0 million in Q4 2025 and bottomed at -$9.4 million in Q2 2022.
- Historically, Tax Provisions has averaged $1.4 million across 5 years, with a median of $1.4 million in 2022.
- Annual changes were most pronounced in 2022 — Tax Provisions plunged 306.43% — and 2024, when it surged 7036.23%.
- Redwood Trust's Tax Provisions stood at -$9.4 million in 2022, then surged by 110.52% to $993000.0 in 2023, then surged by 530.61% to $6.3 million in 2024, then climbed by 27.88% to $8.0 million in 2025, then plunged by 131.26% to -$2.5 million in 2026.
- Business Quant data shows RWT's Tax Provisions at -$2.5 million in Q1 2026, $8.0 million in Q4 2025, and $6.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 6.90 Mn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 6.22 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 18.97 Mn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 2.50 Mn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 100,000.00 |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | - |
| 10 | Redwood Trust | 590.95 Mn | 399.10 Mn | - | 1.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.15 Mn |
| Mar 31, 2026 | -2.50 Mn |
| Dec 31, 2025 | 8.01 Mn |
| Sep 30, 2025 | 6.35 Mn |
| Jun 30, 2025 | 4.56 Mn |
| Mar 31, 2025 | 6.26 Mn |
| Dec 31, 2024 | 6.26 Mn |
| Sep 30, 2024 | 7.13 Mn |
| Jun 30, 2024 | 4.92 Mn |
| Mar 31, 2024 | 523,000.00 |
| Dec 31, 2023 | 993,000.00 |
| Sep 30, 2023 | 1.70 Mn |
| Jun 30, 2023 | 69,000.00 |
| Mar 31, 2023 | -1.00 Mn |
| Dec 31, 2022 | -9.44 Mn |
| Sep 30, 2022 | 1.42 Mn |
| Jun 30, 2022 | -9.44 Mn |
| Mar 31, 2022 | -2.00 Mn |
| Dec 31, 2021 | 4.57 Mn |
| Sep 30, 2021 | -4.32 Mn |