Two Harbors Investment (TWO) Investment Gain (Loss) (2011 - 2026)
Two Harbors Investment's (TWO) quarterly Investment Gain (Loss) came in at -$11.0 million in Q1 2026, up 67.23% year-on-year from -$6.6 million in Q1 2025, and up 90.95% quarter-over-quarter from -$121.2 million in Q4 2025.
Two Harbors Investment (TWO) Investment Gain (Loss) (2011 - 2026) Analysis & Trends
Two Harbors Investment's Investment Gain (Loss) history runs 16 years deep, the most recent figure standing at -$11.0 million for Q1 2026.
- On a quarterly basis, Investment Gain (Loss) rose 67.23% year-over-year to -$11.0 million in Q1 2026; TTM through Mar 2026 was -$181.2 million, a 11209.01% decrease from a year earlier, with the FY2025 full-year figure at -$98.4 million, down 147.29% from the prior year.
- Investment Gain (Loss) climbed to -$11.0 million in Q1 2026 per TWO's latest filing, from -$121.2 million in the prior quarter.
- Across five years, Investment Gain (Loss) topped out at $34.5 million in Q4 2024 and bottomed at -$347.8 million in Q4 2022.
- The 5-year median for Investment Gain (Loss) is -$13.4 million (2025), against an average of -$48.1 million.
- Across the five-year window, Investment Gain (Loss) tumbled 7093.12% in 2022 and surged 761.35% in 2024, its largest moves.
- Year by year, Investment Gain (Loss) stood at -$347.8 million in 2022, then soared by 101.15% to $4.0 million in 2023, then jumped by 761.35% to $34.5 million in 2024, then plunged by 451.42% to -$121.2 million in 2025, then soared by 90.95% to -$11.0 million in 2026.
- Per Business Quant, the three latest TWO Investment Gain (Loss) figures stand at -$11.0 million (Q1 2026), -$121.2 million (Q4 2025), and -$15.9 million (Q3 2025).
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Investment Gain (Loss) (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 46.68 Mn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 95.00 Mn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | -262,000.00 |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | 8.72 Mn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | -10.97 Mn |
| 10 | Ladder Capital | 1.20 Bn | 1.17 Bn | - | -947,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.97 Mn |
| Dec 31, 2025 | -121.17 Mn |
| Sep 30, 2025 | -15.89 Mn |
| Jun 30, 2025 | -33.16 Mn |
| Mar 31, 2025 | -33.48 Mn |
| Dec 31, 2024 | 34.48 Mn |
| Jun 30, 2024 | 627,000.00 |
| Mar 31, 2024 | -10.90 Mn |
| Dec 31, 2023 | 4.00 Mn |
| Sep 30, 2023 | 1.35 Mn |
| Jun 30, 2023 | -3.33 Mn |
| Mar 31, 2023 | -63.20 Mn |
| Dec 31, 2022 | -347.77 Mn |
| Sep 30, 2022 | 19.00 Mn |
| Jun 30, 2022 | -137.60 Mn |
| Mar 31, 2022 | -51.23 Mn |
| Dec 31, 2021 | 4.97 Mn |
| Sep 30, 2021 | 20.60 Mn |
| Jun 30, 2021 | 17.52 Mn |
| Mar 31, 2021 | 131.73 Mn |