Two Harbors Investment (TWO-PC) Other Operating Expenses (2009 - 2026)
Two Harbors Investment (TWO-PC) posted Other Operating Expenses of $28.09 million for Q2 2026, down 86.0% from $199.94 million a year earlier but up 23.5% from the prior quarter.
Two Harbors Investment (TWO-PC) Other Operating Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Other Operating Expenses at Two Harbors Investment was $99.19 million, down 61.5% year-over-year; for FY2025, it was $90.16 million, up 18.3% from FY2024.
- Annual Other Operating Expenses has increased for six consecutive years, with a five-year compound annual growth rate of 25.8% (FY2020 to FY2025).
- In prior years, Two Harbors Investment's Other Operating Expenses was $76.24 million in FY2024 (+22.4%), $62.31 million in FY2023 (+48.3%), $42.01 million in FY2022 (+46.1%) and $28.76 million in FY2021 (+0.5%).
- Quarterly Other Operating Expenses has run from a low of $6.63 million in Q1 2022 to a high of $199.94 million in Q2 2025 over five years.
- On a year-over-year basis, Other Operating Expenses increased in four of the last seven quarters, with an average decline of 3.6%.
- The strongest year-over-year quarter for Other Operating Expenses in the past five years was Q4 2022, with growth of 133.8%; the weakest was Q2 2026, with a decline of 86.0%.
- According to Business Quant data, Other Operating Expenses for the three prior quarters was $22.75 million (Q1 2026), $25.3 million (Q4 2025) and $23.05 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - |
| 10 | Two Harbors Investment | 2.67 Bn | -62.52 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.09 Mn |
| Mar 31, 2026 | 22.75 Mn |
| Dec 31, 2025 | 25.30 Mn |
| Sep 30, 2025 | 23.05 Mn |
| Jun 30, 2025 | 199.94 Mn |
| Mar 31, 2025 | 20.51 Mn |
| Dec 31, 2024 | 19.09 Mn |
| Sep 30, 2024 | 18.41 Mn |
| Jun 30, 2024 | 17.70 Mn |
| Mar 31, 2024 | 21.05 Mn |
| Dec 31, 2023 | 23.96 Mn |
| Sep 30, 2023 | 15.98 Mn |
| Jun 30, 2023 | 11.89 Mn |
| Mar 31, 2023 | 10.48 Mn |
| Dec 31, 2022 | 15.54 Mn |
| Sep 30, 2022 | 10.69 Mn |
| Jun 30, 2022 | 9.15 Mn |
| Mar 31, 2022 | 6.63 Mn |
| Dec 31, 2021 | 6.65 Mn |
| Sep 30, 2021 | 7.41 Mn |
Two Harbors Investment Other Operating Expenses 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=other-operating-expenses&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-expenses", "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=other-operating-expenses&ticker=TWO-PC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();