Two Harbors Investment (TWO) Deferred Taxes (2010 - 2026)
Two Harbors Investment's (TWO) quarterly Deferred Taxes came in at -$4.1 million in Q1 2026, down 247.2% year-on-year from $2.8 million in Q1 2025, and up 1.74% quarter-over-quarter from -$4.1 million in Q4 2025.
Two Harbors Investment (TWO) Deferred Taxes (2010 - 2026) Analysis & Trends
Two Harbors Investment's Deferred Taxes history runs 17 years deep, the most recent figure standing at -$4.1 million for Q1 2026.
- On a quarterly basis, Deferred Taxes fell 247.2% year-over-year to -$4.1 million in Q1 2026; TTM through Mar 2026 was $1.5 million, a 106.88% increase from a year earlier, with the FY2025 full-year figure at $8.3 million, up 124.52% from the prior year.
- Deferred Taxes advanced to -$4.1 million in Q1 2026 per TWO's latest filing, from -$4.1 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $32.2 million in Q4 2023 and bottomed at -$48.8 million in Q1 2022.
- The 5-year median for Deferred Taxes is -$9.6 million (2022), against an average of -$8.8 million.
- Across the five-year window, Deferred Taxes sank 6402.17% in 2022 and soared 436.0% in 2023, its largest moves.
- Year by year, Deferred Taxes stood at -$9.6 million in 2022, then surged by 436.0% to $32.2 million in 2023, then slumped by 176.22% to -$24.6 million in 2024, then surged by 83.15% to -$4.1 million in 2025, then advanced by 1.74% to -$4.1 million in 2026.
- Per Business Quant, the three latest TWO Deferred Taxes figures stand at -$4.1 million (Q1 2026), -$4.1 million (Q4 2025), and $9.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (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 | - | 38.72 Mn |
| 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 | - | -4.07 Mn |
| 10 | Ladder Capital | 1.20 Bn | 1.17 Bn | - | 121,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.07 Mn |
| Dec 31, 2025 | -4.14 Mn |
| Sep 30, 2025 | 9.46 Mn |
| Jun 30, 2025 | 202,000.00 |
| Mar 31, 2025 | 2.76 Mn |
| Dec 31, 2024 | -24.57 Mn |
| Sep 30, 2024 | 12.79 Mn |
| Jun 30, 2024 | -12.15 Mn |
| Mar 31, 2024 | -9.87 Mn |
| Dec 31, 2023 | 32.24 Mn |
| Sep 30, 2023 | -34.51 Mn |
| Jun 30, 2023 | -18.23 Mn |
| Mar 31, 2023 | 6.00 Mn |
| Dec 31, 2022 | -9.59 Mn |
| Sep 30, 2022 | -20.94 Mn |
| Jun 30, 2022 | -25.91 Mn |
| Mar 31, 2022 | -48.80 Mn |
| Dec 31, 2021 | -2.10 Mn |
| Sep 30, 2021 | -322,000.00 |
| Jun 30, 2021 | 21.01 Mn |