Two Harbors Investment (TWO-PA) Interest Expenses (2009 - 2026)
Two Harbors Investment (TWO-PA) recorded quarterly Interest Expenses of $95.2 million in Q1 2026, down 9.72% quarter-over-quarter from $105.4 million in Q4 2025, and down 27.75% on a YoY basis from $131.7 million in Q1 2025.
Two Harbors Investment (TWO-PA) Interest Expenses (2009 - 2026) Analysis & Trends
Two Harbors Investment's Interest Expenses history runs 18 years deep, the most recent figure standing at $95.2 million for Q1 2026.
- In Q1 2026, Interest Expenses fell 27.75% year-over-year to $95.2 million; the TTM figure through Mar 2026 stood at $454.4 million (down 21.59% YoY), while the FY2025 annual figure was $490.9 million, down 19.23% from the prior year.
- Interest Expenses was $95.2 million for Q1 2026 at Two Harbors Investment, down from $105.4 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $173.1 million in Q3 2023 to a low of $22.3 million in Q1 2022.
- Historically, Interest Expenses has averaged $123.3 million across 5 years, with a median of $136.7 million in 2025.
- The sharpest annual moves came in 2023 and 2026: Interest Expenses soared 538.48% in 2023, then dropped 27.75% in 2026.
- A 5-year view of Interest Expenses shows it stood at $115.6 million in 2022, then jumped by 45.36% to $168.1 million in 2023, then slipped by 17.5% to $138.7 million in 2024, then slipped by 23.99% to $105.4 million in 2025, then retreated by 9.72% to $95.2 million in 2026.
- The last three Interest Expenses figures came in at $95.2 million (Q1 2026), $105.4 million (Q4 2025), and $117.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 1.27 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 731.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 328.91 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 220.74 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 178.14 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 88.25 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 95.16 Mn |
| 10 | Two Harbors Investment | - | - | - | 95.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 95.16 Mn |
| Mar 31, 2026 | 95.16 Mn |
| Dec 31, 2025 | 105.41 Mn |
| Dec 31, 2025 | 105.41 Mn |
| Sep 30, 2025 | 117.12 Mn |
| Sep 30, 2025 | 117.12 Mn |
| Jun 30, 2025 | 136.70 Mn |
| Jun 30, 2025 | 136.70 Mn |
| Mar 31, 2025 | 131.71 Mn |
| Mar 31, 2025 | 131.71 Mn |
| Dec 31, 2024 | 138.67 Mn |
| Dec 31, 2024 | 138.67 Mn |
| Sep 30, 2024 | 154.93 Mn |
| Sep 30, 2024 | 154.93 Mn |
| Jun 30, 2024 | 154.21 Mn |
| Jun 30, 2024 | 154.21 Mn |
| Mar 31, 2024 | 160.00 Mn |
| Mar 31, 2024 | 160.00 Mn |
| Dec 31, 2023 | 168.08 Mn |
| Dec 31, 2023 | 168.08 Mn |