Starwood Property Trust (STWD) Non Operating Income (2012 - 2026)

Starwood Property Trust's (STWD) quarterly Non Operating Income came in at $21.3 million in Q1 2026, down 75.18% year-on-year from $85.9 million in Q1 2025, and down 82.34% quarter-over-quarter from $120.8 million in Q4 2025.

Starwood Property Trust (STWD) Non Operating Income (2012 - 2026) Analysis & Trends

Starwood Property Trust's Non Operating Income history runs 15 years deep, the most recent figure standing at $21.3 million for Q1 2026.

  • On a quarterly basis, Non Operating Income fell 75.18% year-over-year to $21.3 million in Q1 2026; TTM through Mar 2026 was $357.5 million, a 5.89% decrease from a year earlier, with the FY2025 full-year figure at $422.1 million, down 4.34% from the prior year.
  • Non Operating Income slipped to $21.3 million in Q1 2026 per STWD's latest filing, from $120.8 million in the prior quarter.
  • Across five years, Non Operating Income topped out at $331.7 million in Q1 2022 and bottomed at $21.3 million in Q1 2026.
  • The 5-year median for Non Operating Income is $105.7 million (2024), against an average of $126.8 million.
  • Across the five-year window, Non Operating Income soared 371.12% in 2022 and sank 86.16% in 2023, its largest moves.
  • Year by year, Non Operating Income stood at $132.3 million in 2022, then slumped by 31.5% to $90.6 million in 2023, then grew by 3.03% to $93.3 million in 2024, then grew by 29.38% to $120.8 million in 2025, then tumbled by 82.34% to $21.3 million in 2026.
  • Per Business Quant, the three latest STWD Non Operating Income figures stand at $21.3 million (Q1 2026), $120.8 million (Q4 2025), and $93.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Op. Inc. (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - -253.68 Mn
2 AGNC Investment 11.85 Bn 11.36 Bn - -433.00 Mn
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 21.33 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - -
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - -
6 Ellington Financial 1.63 Bn 1.51 Bn - -
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 - -35.99 Mn
10 Ladder Capital 1.20 Bn 1.17 Bn - 28.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 21.33 Mn
Dec 31, 2025 120.77 Mn
Sep 30, 2025 93.84 Mn
Jun 30, 2025 121.56 Mn
Mar 31, 2025 85.91 Mn
Dec 31, 2024 93.35 Mn
Sep 30, 2024 105.65 Mn
Jun 30, 2024 94.95 Mn
Mar 31, 2024 147.29 Mn
Dec 31, 2023 90.60 Mn
Sep 30, 2023 38.03 Mn
Jun 30, 2023 291.36 Mn
Mar 31, 2023 45.89 Mn
Dec 31, 2022 132.27 Mn
Sep 30, 2022 121.19 Mn
Jun 30, 2022 220.62 Mn
Mar 31, 2022 331.70 Mn
Dec 31, 2021 114.50 Mn
Sep 30, 2021 77.06 Mn
Jun 30, 2021 58.10 Mn