Two Harbors Investment (TWO) Income from Non-Controlling Interests (2011 - 2026)

Two Harbors Investment's (TWO) quarterly Income from Non-Controlling Interests came in at -$44.2 million in Q1 2026, down 128.12% year-on-year from $157.2 million in Q1 2025, and down 185.39% quarter-over-quarter from $51.8 million in Q4 2025.

Two Harbors Investment (TWO) Income from Non-Controlling Interests (2011 - 2026) Analysis & Trends

Two Harbors Investment's Income from Non-Controlling Interests history runs 16 years deep, the most recent figure standing at -$44.2 million for Q1 2026.

  • On a quarterly basis, Income from Non-Controlling Interests fell 128.12% year-over-year to -$44.2 million in Q1 2026; TTM through Mar 2026 was $119.1 million, a 2.51% increase from a year earlier, with the FY2025 full-year figure at $320.4 million, up 322.38% from the prior year.
  • Income from Non-Controlling Interests retreated to -$44.2 million in Q1 2026 per TWO's latest filing, from $51.8 million in the prior quarter.
  • Across five years, Income from Non-Controlling Interests topped out at $483.6 million in Q4 2023 and bottomed at -$551.7 million in Q3 2022.
  • The 5-year median for Income from Non-Controlling Interests is -$4.2 million (2022), against an average of -$13.6 million.
  • Biggest YoY gain for Income from Non-Controlling Interests was 472.22% in 2022; the steepest drop was 7405.76% in 2022.
  • Year by year, Income from Non-Controlling Interests stood at $422.7 million in 2022, then gained by 14.41% to $483.6 million in 2023, then sank by 155.12% to -$266.6 million in 2024, then surged by 119.42% to $51.8 million in 2025, then sank by 185.39% to -$44.2 million in 2026.
  • Per Business Quant, the three latest TWO Income from Non-Controlling Interests figures stand at -$44.2 million (Q1 2026), $51.8 million (Q4 2025), and $61.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inc. Minority (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 7.86 Mn
2 AGNC Investment 11.85 Bn 11.36 Bn - -
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 5.54 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - 6.95 Mn
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - -43,000.00
6 Ellington Financial 1.63 Bn 1.51 Bn - 2.18 Mn
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 - -44.19 Mn
10 Ladder Capital 1.20 Bn 1.17 Bn - -2,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 -44.19 Mn
Dec 31, 2025 51.75 Mn
Sep 30, 2025 61.04 Mn
Jun 30, 2025 50.47 Mn
Mar 31, 2025 157.17 Mn
Dec 31, 2024 -266.57 Mn
Sep 30, 2024 269.62 Mn
Jun 30, 2024 -44.07 Mn
Mar 31, 2024 -103.08 Mn
Dec 31, 2023 483.58 Mn
Sep 30, 2023 -350.92 Mn
Jun 30, 2023 -156.31 Mn
Mar 31, 2023 125.93 Mn
Dec 31, 2022 422.67 Mn
Sep 30, 2022 -551.67 Mn
Jun 30, 2022 -4.21 Mn
Mar 31, 2022 -331.85 Mn
Dec 31, 2021 -113.55 Mn
Sep 30, 2021 -7.35 Mn
Jun 30, 2021 -62.90 Mn