Two Harbors Investment (TWO) Operating Expenses (2009 - 2026)

Two Harbors Investment's Operating Expenses history runs 18 years deep, the most recent figure standing at $49.4 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 5.0% year-over-year to $49.4 million; the TTM figure through Mar 2026 stood at $562.8 million (up 240.07% YoY), while the FY2025 annual figure was $560.5 million, up 237.66% from the prior year.
• Operating Expenses was $49.4 million for Q1 2026 at Two Harbors Investment, down from $51.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $242.7 million in Q2 2025 to a low of -$45.9 million in Q4 2022.
• Historically, Operating Expenses has averaged $57.3 million across 5 years, with a median of $43.2 million in 2022.
• The sharpest annual moves came in 2023 and 2025: Operating Expenses slumped 51.92% in 2023, then soared 523.25% in 2025.
• A 5-year view of Operating Expenses shows it stood at -$45.9 million in 2022, then surged by 198.61% to $45.3 million in 2023, then retreated by 9.66% to $40.9 million in 2024, then increased by 25.38% to $51.3 million in 2025, then retreated by 3.54% to $49.4 million in 2026.
• The last three Operating Expenses figures came in at $49.4 million (Q1 2026), $51.3 million (Q4 2025), and $219.4 million (Q3 2025), per Business Quant data.