Two Harbors Investment (TWO) Free Cash Flow (2010 - 2026)

Two Harbors Investment's Free Cash Flow history runs 17 years deep, the most recent figure standing at -$489.0 million for Q1 2026.

• In Q1 2026, Free Cash Flow rose 63.04% year-over-year to -$489.0 million; the TTM figure through Mar 2026 stood at -$2.2 billion (up 40.47% YoY), while the FY2025 annual figure was -$3.0 billion, up 12.26% from the prior year.
• Free Cash Flow was -$489.0 million for Q1 2026 at Two Harbors Investment, down from -$363.6 million in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of -$229.1 million in Q2 2023 to a low of -$1.3 billion in Q1 2025.
• Historically, Free Cash Flow has averaged -$689.7 million across 5 years, with a median of -$644.7 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Free Cash Flow sank 1886.93% in 2022, then soared 66.53% in 2023.
• A 5-year view of Free Cash Flow shows it stood at -$1.0 billion in 2022, then jumped by 46.54% to -$555.1 million in 2023, then plunged by 32.06% to -$733.0 million in 2024, then jumped by 50.39% to -$363.6 million in 2025, then tumbled by 34.47% to -$489.0 million in 2026.
• The last three Free Cash Flow figures came in at -$489.0 million (Q1 2026), -$363.6 million (Q4 2025), and -$1.1 billion (Q3 2025), per Business Quant data.