Two Harbors Investment (TWO) Accumulated Expenses (2010 - 2026)
Two Harbors Investment's (TWO) quarterly Accumulated Expenses came in at $44.5 million in Q1 2026, down 40.92% year-on-year from $75.4 million in Q1 2025, and down 45.65% quarter-over-quarter from $81.9 million in Q4 2025.
Two Harbors Investment (TWO) Accumulated Expenses (2010 - 2026) Analysis & Trends
Two Harbors Investment's Accumulated Expenses history runs 15 years deep, the most recent figure standing at $44.5 million for Q1 2026.
- On a quarterly basis, Accumulated Expenses fell 40.92% year-over-year to $44.5 million in Q1 2026; TTM through Mar 2026 was $44.5 million, a 40.92% decrease from a year earlier, with the FY2025 full-year figure at $81.9 million, down 4.74% from the prior year.
- Accumulated Expenses slipped to $44.5 million in Q1 2026 per TWO's latest filing, from $81.9 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $141.8 million in Q4 2023 and bottomed at $10.0 million in Q1 2022.
- The 5-year median for Accumulated Expenses is $80.0 million (2024), against an average of $74.0 million.
- Across the five-year window, Accumulated Expenses surged 649.83% in 2023 and tumbled 41.16% in 2025, its largest moves.
- Year by year, Accumulated Expenses stood at $94.0 million in 2022, then jumped by 50.77% to $141.8 million in 2023, then sank by 39.34% to $86.0 million in 2024, then decreased by 4.74% to $81.9 million in 2025, then sank by 45.65% to $44.5 million in 2026.
- Per Business Quant, the three latest TWO Accumulated Expenses figures stand at $44.5 million (Q1 2026), $81.9 million (Q4 2025), and $45.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - |
| 10 | Ladder Capital | 1.20 Bn | 1.17 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 44.52 Mn |
| Dec 31, 2025 | 81.91 Mn |
| Sep 30, 2025 | 45.23 Mn |
| Jun 30, 2025 | 80.17 Mn |
| Mar 31, 2025 | 75.35 Mn |
| Dec 31, 2024 | 85.99 Mn |
| Sep 30, 2024 | 76.87 Mn |
| Jun 30, 2024 | 85.68 Mn |
| Mar 31, 2024 | 79.99 Mn |
| Dec 31, 2023 | 141.77 Mn |
| Sep 30, 2023 | 90.71 Mn |
| Jun 30, 2023 | 120.50 Mn |
| Mar 31, 2023 | 74.92 Mn |
| Dec 31, 2022 | 94.03 Mn |
| Sep 30, 2022 | 48.59 Mn |
| Jun 30, 2022 | 21.83 Mn |
| Mar 31, 2022 | 9.99 Mn |
| Dec 31, 2021 | 18.38 Mn |
| Sep 30, 2021 | 10.52 Mn |
| Jun 30, 2021 | 17.96 Mn |