Two Harbors Investment TWO
NYSE TWO
$12.00 -0.01 (-0.08%)
At close: Aug 18, 2026 · 3:59 PM UTC

Two Harbors Investment (TWO) Change in Intangibles (2016 - 2025)

Two Harbors Investment (TWO) posted quarterly Change in Intangibles of $141.6 million for Q4 2025, up 28559.31% year-over-year from N/an in Q4 2024, and down 52.41% quarter-over-quarter from $297.5 million in Q3 2025.

Two Harbors Investment (TWO) Change in Intangibles (2016 - 2025) Analysis & Trends

Two Harbors Investment's Change in Intangibles history runs 10 years deep, the most recent figure standing at $141.6 million for Q4 2025.

  • In Q4 2025, Change in Intangibles rose 28559.31% year-over-year to $141.6 million; the TTM figure through Dec 2025 stood at $439.1 million (up 299.97% YoY), while the FY2025 annual figure was $439.1 million, up 299.97% from the prior year.
  • Change in Intangibles for Q4 2025 stood at $141.6 million, down from $297.5 million in the prior quarter.
  • The five-year high for Change in Intangibles was $297.5 million in Q3 2025, with the low at -$567000.0 in Q4 2021.
  • The 5-year median for Change in Intangibles is $18.2 million (2024), against an average of $75.1 million.
  • Peak annual rise in Change in Intangibles reached 404525.0% in 2021, while the deepest fall reached 198.42% in 2021.
  • Two Harbors Investment's Change in Intangibles stood at -$567000.0 in 2021, then soared by 675.66% to $3.3 million in 2022, then plunged by 113.76% to -$449000.0 in 2023, then jumped by 210.02% to $494000.0 in 2024, then jumped by 28559.31% to $141.6 million in 2025.
  • Business Quant data shows TWO's Change in Intangibles at $141.6 million in Q4 2025, $297.5 million in Q3 2025, and $494000.0 in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Intangibles (Qtr)
1 Annaly Capital Management 17.29 Bn 14.38 Bn - 73.90 Mn
2 AGNC Investment 12.65 Bn 11.32 Bn - -
3 Starwood Property Trust 5.95 Bn 3.79 Bn - -
4 Rithm Capital 5.71 Bn 5.71 Bn - -
5 Dynex Capital 2.93 Bn 2.32 Bn - -
6 Blackstone Mortgage Trust 2.40 Bn 1.97 Bn - -
7 Armour Residential REIT 2.12 Bn 2.03 Bn - -
8 Ellington Financial 1.73 Bn 1.49 Bn - -
9 Orchid Island Capital 1.34 Bn 654.61 Mn 61.82 Mn -
10 Two Harbors Investment 1.26 Bn 617.08 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 141.58 Mn
Dec 31, 2025 141.58 Mn
Sep 30, 2025 297.50 Mn
Sep 30, 2025 297.50 Mn
Dec 31, 2024 494,000.00
Dec 31, 2024 494,000.00
Sep 30, 2024 91.10 Mn
Sep 30, 2024 91.10 Mn
Jun 30, 2024 -40,000.00
Jun 30, 2024 -40,000.00
Mar 31, 2024 18.22 Mn
Mar 31, 2024 18.22 Mn
Dec 31, 2023 -449,000.00
Dec 31, 2023 -449,000.00
Sep 30, 2023 132.53 Mn
Sep 30, 2023 132.53 Mn
Mar 31, 2023 1.85 Mn
Mar 31, 2023 1.85 Mn
Dec 31, 2022 3.26 Mn
Dec 31, 2022 3.26 Mn