Two Harbors Investment (TWO) Non Operating Investment Income (2009 - 2026)
Two Harbors Investment's (TWO) quarterly Non Operating Investment Income came in at -$11.0 million in Q1 2026, up 66.43% year-on-year from -$6.6 million in Q1 2025, and up 23.88% quarter-over-quarter from -$14.4 million in Q4 2025.
Two Harbors Investment (TWO) Non Operating Investment Income (2009 - 2026) Analysis & Trends
Two Harbors Investment's Non Operating Investment Income history runs 18 years deep, the most recent figure standing at -$11.0 million for Q1 2026.
- On a quarterly basis, Non Operating Investment Income rose 66.43% year-over-year to -$11.0 million in Q1 2026; TTM through Mar 2026 was -$74.4 million, a 20.46% decrease from a year earlier, with the FY2025 full-year figure at -$96.2 million, down 140.22% from the prior year.
- Non Operating Investment Income grew to -$11.0 million in Q1 2026 per TWO's latest filing, from -$14.4 million in the prior quarter.
- Across five years, Non Operating Investment Income topped out at $10.8 million in Q1 2023 and bottomed at -$347.4 million in Q4 2022.
- The 5-year median for Non Operating Investment Income is -$14.4 million (2025), against an average of -$48.3 million.
- Across the five-year window, Non Operating Investment Income plunged 21468.39% in 2022 and soared 393.63% in 2024, its largest moves.
- Year by year, Non Operating Investment Income stood at -$347.4 million in 2022, then soared by 76.26% to -$82.5 million in 2023, then soared by 90.29% to -$8.0 million in 2024, then sank by 80.2% to -$14.4 million in 2025, then increased by 23.88% to -$11.0 million in 2026.
- Per Business Quant, the three latest TWO Non Operating Investment Income figures stand at -$11.0 million (Q1 2026), -$14.4 million (Q4 2025), and -$16.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Investment Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | -672.12 Mn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 74.00 Mn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 89,000.00 |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | -15.15 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 | - | -251.81 Mn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | -10.99 Mn |
| 10 | Ladder Capital | 1.20 Bn | 1.17 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -10.99 Mn |
| Mar 31, 2026 | -10.99 Mn |
| Dec 31, 2025 | -14.43 Mn |
| Dec 31, 2025 | -14.43 Mn |
| Sep 30, 2025 | -16.19 Mn |
| Sep 30, 2025 | -16.19 Mn |
| Jun 30, 2025 | -32.83 Mn |
| Jun 30, 2025 | -32.83 Mn |
| Mar 31, 2025 | -32.73 Mn |
| Mar 31, 2025 | -32.73 Mn |
| Dec 31, 2024 | -8.01 Mn |
| Dec 31, 2024 | -8.01 Mn |
| Sep 30, 2024 | 1.38 Mn |
| Sep 30, 2024 | 1.38 Mn |
| Jun 30, 2024 | -22.44 Mn |
| Jun 30, 2024 | -22.44 Mn |
| Mar 31, 2024 | -10.98 Mn |
| Mar 31, 2024 | -10.98 Mn |
| Dec 31, 2023 | -82.47 Mn |
| Dec 31, 2023 | -82.47 Mn |