Two Harbors Investment (TWO-PB) Change in Intangibles (2016 - 2025)

Two Harbors Investment (TWO-PB) recorded quarterly Change in Intangibles of $141.6 million in Q4 2025, down 52.41% quarter-over-quarter from $297.5 million in Q3 2025, and up 28559.31% on a YoY basis from N/an in Q4 2024.

Two Harbors Investment (TWO-PB) Change in Intangibles (2016 - 2025) Analysis & Trends

Two Harbors Investment's Change in Intangibles history runs 10 years deep, the most recent figure standing at $141.6 million for Q4 2025.

  • In Q4 2025, Change in Intangibles rose 28559.31% year-over-year to $141.6 million; the TTM figure through Dec 2025 stood at $439.1 million (up 299.97% YoY), while the FY2025 annual figure was $439.1 million, up 299.97% from the prior year.
  • Change in Intangibles was $141.6 million for Q4 2025 at Two Harbors Investment, down from $297.5 million in the prior quarter.
  • In the past five years, Change in Intangibles ranged from a high of $297.5 million in Q3 2025 to a low of -$567000.0 in Q4 2021.
  • Historically, Change in Intangibles has averaged $75.1 million across 5 years, with a median of $18.2 million in 2024.
  • Biggest YoY gain for Change in Intangibles was 404525.0% in 2021; the steepest drop was 198.42% in 2021.
  • A 5-year view of Change in Intangibles shows it stood at -$567000.0 in 2021, then jumped by 675.66% to $3.3 million in 2022, then sank by 113.76% to -$449000.0 in 2023, then surged by 210.02% to $494000.0 in 2024, then surged by 28559.31% to $141.6 million in 2025.
  • The last three Change in Intangibles figures came in at $141.6 million (Q4 2025), $297.5 million (Q3 2025), and $494000.0 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Intangibless (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - -
2 AGNC Investment 11.42 Bn 10.75 Bn - -
3 Starwood Property Trust 6.25 Bn 6.25 Bn - -
4 Rithm Capital 5.08 Bn 4.78 Bn - -
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 - -
9 Two Harbors Investment 1.29 Bn 746.67 Mn - -
10 Two Harbors Investment - - - -

Historic Data

Download Data
DateValue
Dec 31, 2025 141.58 Mn
Dec 31, 2025 141.58 Mn
Sep 30, 2025 297.50 Mn
Sep 30, 2025 297.50 Mn
Dec 31, 2024 494,000.00
Dec 31, 2024 494,000.00
Sep 30, 2024 91.10 Mn
Sep 30, 2024 91.10 Mn
Jun 30, 2024 -40,000.00
Jun 30, 2024 -40,000.00
Mar 31, 2024 18.22 Mn
Mar 31, 2024 18.22 Mn
Dec 31, 2023 -449,000.00
Dec 31, 2023 -449,000.00
Sep 30, 2023 132.53 Mn
Sep 30, 2023 132.53 Mn
Mar 31, 2023 1.85 Mn
Mar 31, 2023 1.85 Mn
Dec 31, 2022 3.26 Mn
Dec 31, 2022 3.26 Mn