Two Harbors Investment Corp. (TWO-PC) Cash from Operations (2010 - 2026)
Two Harbors Investment (TWO-PC) posted Cash from Operations of $192.74 million for Q2 2026, up 94.5% from $99.11 million a year earlier and up 240.7% from the prior quarter.
Two Harbors Investment Corp. (TWO-PC) Cash from Operations (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cash from Operations at Two Harbors Investment was $127.22 million, down 54.1% year-over-year; for FY2025, it came in at $88.92 million, down 55.8% from FY2024.
- Annual Cash from Operations has declined for three consecutive years, with a five-year compound annual growth rate of -32.4% (FY2020 to FY2025).
- In prior years, Two Harbors Investment's Cash from Operations was $201 million in FY2024 (-41.5%), $343.51 million in FY2023 (-44.9%), $623.4 million in FY2022 (+47.2%) and $423.51 million in FY2021 (-32.9%).
- The Q2 2026 figure stands as the highest quarterly Cash from Operations since Q4 2022.
- On a year-over-year basis, Cash from Operations increased in 1 of the last four quarters, with an average decline of 3.7%.
- The strongest year-over-year quarter for Cash from Operations in the past five years was Q4 2022, with growth of 442.9%; the weakest was Q4 2021, with a decline of 82.8%.
- According to Business Quant data, Cash from Operations for the three prior quarters was $56.58 million (Q1 2026), $117.13 million (Q4 2025) and -$239.24 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 192.74 Mn |
| Mar 31, 2026 | 56.58 Mn |
| Dec 31, 2025 | 117.13 Mn |
| Sep 30, 2025 | -239.24 Mn |
| Jun 30, 2025 | 99.11 Mn |
| Mar 31, 2025 | 111.91 Mn |
| Dec 31, 2024 | -21.06 Mn |
| Sep 30, 2024 | 87.08 Mn |
| Jun 30, 2024 | 143.65 Mn |
| Mar 31, 2024 | -8.67 Mn |
| Dec 31, 2023 | 109.74 Mn |
| Sep 30, 2023 | 122.34 Mn |
| Jun 30, 2023 | 111.32 Mn |
| Mar 31, 2023 | 115,000.00 |
| Dec 31, 2022 | 235.98 Mn |
| Sep 30, 2022 | 369.23 Mn |
| Jun 30, 2022 | 69.54 Mn |
| Mar 31, 2022 | -51.35 Mn |
| Dec 31, 2021 | 43.46 Mn |
| Sep 30, 2021 | 229.63 Mn |
Two Harbors Investment Corp. Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "TWO-PC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();