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
DateValue
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