Two Harbors Investment (TWO) Cost of Revenue (2009 - 2026)

Two Harbors Investment's Cost of Revenue history runs 18 years deep, the most recent figure standing at $22.7 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 10.94% year-over-year to $22.7 million; the TTM figure through Mar 2026 stood at $92.4 million (up 22.08% YoY), while the FY2025 annual figure was $90.2 million, up 18.26% from the prior year.
• Cost of Revenue was $22.7 million for Q1 2026 at Two Harbors Investment, down from $25.3 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $25.3 million in Q4 2025 to a low of $6.6 million in Q1 2022.
• Historically, Cost of Revenue has averaged $17.3 million across 5 years, with a median of $18.4 million in 2024.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue jumped 133.75% in 2022, then slipped 20.34% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $15.5 million in 2022, then soared by 54.18% to $24.0 million in 2023, then decreased by 20.34% to $19.1 million in 2024, then soared by 32.56% to $25.3 million in 2025, then fell by 10.08% to $22.7 million in 2026.
• The last three Cost of Revenue figures came in at $22.7 million (Q1 2026), $25.3 million (Q4 2025), and $23.1 million (Q3 2025), per Business Quant data.