Two Harbors Investment (TWO) Cash from Operations (2010 - 2026)

Two Harbors Investment's (TWO) quarterly Cash from Operations came in at 56580000.0 in Q1 2026, down 49.44% year-on-year from 111913000.0 in Q1 2025, and down 51.69% quarter-over-quarter from 117130000.0 in Q4 2025.

Two Harbors Investment (TWO) Cash from Operations (2010 - 2026) Analysis & Trends

Two Harbors Investment's Cash from Operations history runs 17 years deep, the most recent figure standing at 56580000.0 for Q1 2026.

  • On a quarterly basis, Cash from Operations fell 49.44% year-over-year to 56580000.0 in Q1 2026; TTM through Mar 2026 was 33584000.0, a 89.56% decrease from a year earlier, with the FY2025 full-year figure at 88917000.0, down 55.76% from the prior year.
  • Cash from Operations eased to 56580000.0 in Q1 2026 per TWO's latest filing, from 117130000.0 in the prior quarter.
  • Across five years, Cash from Operations topped out at 369226000.0 in Q3 2022 and bottomed at 239238000.0 in Q3 2025.
  • The 5-year median for Cash from Operations is 99112000.0 (2025), against an average of 77259529.41.
  • Across the five-year window, Cash from Operations plunged 7639.13% in 2024 and jumped 1390.81% in 2025, its largest moves.
  • Year by year, Cash from Operations stood at 235981000.0 in 2022, then tumbled by 53.5% to 109739000.0 in 2023, then sank by 119.19% to 21059000.0 in 2024, then soared by 656.2% to 117130000.0 in 2025, then tumbled by 51.69% to 56580000.0 in 2026.
  • Per Business Quant, the three latest TWO Cash from Operations figures stand at 56580000.0 (Q1 2026), 117130000.0 (Q4 2025), and 239238000.0 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - -1.40 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - 387.00 Mn
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 93.56 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - 100.69 Mn
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 169.73 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - -9.96 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - 69.85 Mn
8 Armour Residential REIT 1.42 Bn 1.34 Bn - 210.18 Mn
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 56.58 Mn
10 Ladder Capital 1.20 Bn 1.17 Bn - -7.99 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 56.58 Mn
Mar 31, 2026 56.58 Mn
Dec 31, 2025 117.13 Mn
Dec 31, 2025 117.13 Mn
Sep 30, 2025 -239.24 Mn
Sep 30, 2025 -239.24 Mn
Jun 30, 2025 99.11 Mn
Jun 30, 2025 99.11 Mn
Mar 31, 2025 111.91 Mn
Mar 31, 2025 111.91 Mn
Dec 31, 2024 -21.06 Mn
Dec 31, 2024 -21.06 Mn
Sep 30, 2024 87.08 Mn
Sep 30, 2024 87.08 Mn
Jun 30, 2024 143.65 Mn
Jun 30, 2024 143.65 Mn
Mar 31, 2024 -8.67 Mn
Mar 31, 2024 -8.67 Mn
Dec 31, 2023 109.74 Mn
Dec 31, 2023 109.74 Mn