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
DateValue
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