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
DateValue
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