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

Two Harbors Investment's (TWO) quarterly Other Operating Expenses came in at $128.3 million in Q1 2026, down 16.51% year-on-year from $153.7 million in Q1 2025, and down 9.45% quarter-over-quarter from $141.7 million in Q4 2025.

Two Harbors Investment (TWO) Other Operating Expenses (2009 - 2026) Analysis & Trends

Two Harbors Investment's Other Operating Expenses history runs 18 years deep, the most recent figure standing at $128.3 million for Q1 2026.

  • On a quarterly basis, Other Operating Expenses fell 16.51% year-over-year to $128.3 million in Q1 2026; TTM through Mar 2026 was $588.6 million, a 10.27% decrease from a year earlier, with the FY2025 full-year figure at $614.0 million, down 7.19% from the prior year.
  • Other Operating Expenses fell to $128.3 million in Q1 2026 per TWO's latest filing, from $141.7 million in the prior quarter.
  • Across five years, Other Operating Expenses topped out at $171.5 million in Q2 2024 and bottomed at -$45.9 million in Q4 2022.
  • The 5-year median for Other Operating Expenses is $150.0 million (2023), against an average of $122.2 million.
  • Across the five-year window, Other Operating Expenses surged 462.95% in 2023 and dropped 16.51% in 2026, its largest moves.
  • Year by year, Other Operating Expenses stood at -$45.9 million in 2022, then jumped by 462.95% to $166.6 million in 2023, then fell by 2.15% to $163.0 million in 2024, then dropped by 13.08% to $141.7 million in 2025, then decreased by 9.45% to $128.3 million in 2026.
  • Per Business Quant, the three latest TWO Other Operating Expenses figures stand at $128.3 million (Q1 2026), $141.7 million (Q4 2025), and $162.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn -
2 AGNC Investment 11.85 Bn 11.36 Bn -
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 -
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 -
10 Ladder Capital 1.20 Bn 1.17 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 128.30 Mn
Dec 31, 2025 141.68 Mn
Sep 30, 2025 162.69 Mn
Jun 30, 2025 155.97 Mn
Mar 31, 2025 153.66 Mn
Dec 31, 2024 162.99 Mn
Sep 30, 2024 167.83 Mn
Jun 30, 2024 171.54 Mn
Mar 31, 2024 159.21 Mn
Dec 31, 2023 166.58 Mn
Sep 30, 2023 148.72 Mn
Jun 30, 2023 150.03 Mn
Mar 31, 2023 124.95 Mn
Dec 31, 2022 -45.90 Mn
Sep 30, 2022 41.94 Mn
Jun 30, 2022 43.16 Mn
Mar 31, 2022 43.52 Mn
Dec 31, 2021 -51.62 Mn
Sep 30, 2021 37.65 Mn
Jun 30, 2021 37.16 Mn