Two Harbors Investment (TWO-PB) Share-based Compensation (2010 - 2026)

Two Harbors Investment (TWO-PB) recorded quarterly Share-based Compensation of $4.4 million in Q1 2026, up 31.92% quarter-over-quarter from $3.4 million in Q4 2025, and down 32.21% on a YoY basis from $6.5 million in Q1 2025.

Two Harbors Investment (TWO-PB) Share-based Compensation (2010 - 2026) Analysis & Trends

Two Harbors Investment's Share-based Compensation history runs 17 years deep, the most recent figure standing at $4.4 million for Q1 2026.

  • In Q1 2026, Share-based Compensation fell 32.21% year-over-year to $4.4 million; the TTM figure through Mar 2026 stood at $11.2 million (down 1.19% YoY), while the FY2025 annual figure was $13.4 million, up 21.97% from the prior year.
  • Share-based Compensation was $4.4 million for Q1 2026 at Two Harbors Investment, up from $3.4 million in the prior quarter.
  • In the past five years, Share-based Compensation ranged from a high of $6.5 million in Q1 2025 to a low of $1.5 million in Q3 2025.
  • Historically, Share-based Compensation has averaged $3.0 million across 5 years, with a median of $1.9 million in 2025.
  • The sharpest annual moves came in 2022 and 2023: Share-based Compensation surged 132.46% in 2022, then tumbled 49.87% in 2023.
  • A 5-year view of Share-based Compensation shows it stood at $1.7 million in 2022, then dropped by 2.42% to $1.6 million in 2023, then slipped by 0.19% to $1.6 million in 2024, then surged by 108.2% to $3.4 million in 2025, then soared by 31.92% to $4.4 million in 2026.
  • The last three Share-based Compensation figures came in at $4.4 million (Q1 2026), $3.4 million (Q4 2025), and $1.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - -
2 AGNC Investment 11.42 Bn 10.75 Bn - -6.00 Mn
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 - 6.69 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - 8.00 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - 559,000.00
8 Ellington Financial 1.67 Bn 1.39 Bn - -
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 4.42 Mn
10 Two Harbors Investment - - - 4.42 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.42 Mn
Mar 31, 2026 4.42 Mn
Dec 31, 2025 3.35 Mn
Dec 31, 2025 3.35 Mn
Sep 30, 2025 1.54 Mn
Sep 30, 2025 1.54 Mn
Jun 30, 2025 1.93 Mn
Jun 30, 2025 1.93 Mn
Mar 31, 2025 6.52 Mn
Mar 31, 2025 6.52 Mn
Dec 31, 2024 1.61 Mn
Dec 31, 2024 1.61 Mn
Sep 30, 2024 1.61 Mn
Sep 30, 2024 1.61 Mn
Jun 30, 2024 1.64 Mn
Jun 30, 2024 1.64 Mn
Mar 31, 2024 6.08 Mn
Mar 31, 2024 6.08 Mn
Dec 31, 2023 1.61 Mn
Dec 31, 2023 1.61 Mn