Two Harbors Investment (TWO-PA) Intangibles (2013 - 2026)
Two Harbors Investment (TWO-PA) recorded quarterly Intangibles of $2.4 billion in Q1 2026, down 0.9% quarter-over-quarter from $2.4 billion in Q4 2025, and down 18.91% on a YoY basis from $3.0 billion in Q1 2025.
Two Harbors Investment (TWO-PA) Intangibles (2013 - 2026) Analysis & Trends
Two Harbors Investment's Intangibles history runs 14 years deep, the most recent figure standing at $2.4 billion for Q1 2026.
- In Q1 2026, Intangibles fell 18.91% year-over-year to $2.4 billion; the TTM figure through Mar 2026 stood at $2.4 billion (down 18.91% YoY), while the FY2025 annual figure was $2.4 billion, down 19.12% from the prior year.
- Intangibles was $2.4 billion for Q1 2026 at Two Harbors Investment, down from $2.4 billion in the prior quarter.
- In the past five years, Intangibles ranged from a high of $3.3 billion in Q2 2023 to a low of $2.4 billion in Q1 2026.
- Historically, Intangibles has averaged $3.0 billion across 5 years, with a median of $3.0 billion in 2022.
- The sharpest annual moves came in 2022 and 2025: Intangibles jumped 59.7% in 2022, then dropped 19.12% in 2025.
- A 5-year view of Intangibles shows it stood at $3.0 billion in 2022, then increased by 2.25% to $3.1 billion in 2023, then dropped by 1.89% to $3.0 billion in 2024, then decreased by 19.12% to $2.4 billion in 2025, then fell by 0.9% to $2.4 billion in 2026.
- The last three Intangibles figures came in at $2.4 billion (Q1 2026), $2.4 billion (Q4 2025), and $2.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 4.12 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 426.66 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 368.27 Mn |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | - |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 30.19 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 2.40 Bn |
| 10 | Two Harbors Investment | - | - | - | 2.40 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.40 Bn |
| Dec 31, 2025 | 2.42 Bn |
| Sep 30, 2025 | 2.60 Bn |
| Jun 30, 2025 | 3.02 Bn |
| Mar 31, 2025 | 2.96 Bn |
| Dec 31, 2024 | 2.99 Bn |
| Sep 30, 2024 | 2.88 Bn |
| Jun 30, 2024 | 3.07 Bn |
| Mar 31, 2024 | 3.08 Bn |
| Dec 31, 2023 | 3.05 Bn |
| Sep 30, 2023 | 3.21 Bn |
| Jun 30, 2023 | 3.27 Bn |
| Mar 31, 2023 | 3.07 Bn |
| Dec 31, 2022 | 2.98 Bn |
| Sep 30, 2022 | 3.02 Bn |
| Jun 30, 2022 | 3.23 Bn |
| Mar 31, 2022 | 3.09 Bn |
| Dec 31, 2021 | 2.19 Bn |
| Sep 30, 2021 | 2.21 Bn |
| Jun 30, 2021 | 2.02 Bn |