Two Harbors Investment (TWO) Retained Earnings (2010 - 2026)

Two Harbors Investment's (TWO) quarterly Retained Earnings came in at -$44.3 million in Q1 2026, down 102.82% year-on-year from $1.6 billion in Q1 2025, and down 100.74% quarter-over-quarter from $5.9 billion in Q4 2025.

Two Harbors Investment (TWO) Retained Earnings (2010 - 2026) Analysis & Trends

Two Harbors Investment's Retained Earnings history runs 17 years deep, the most recent figure standing at -$44.3 million for Q1 2026.

  • On a quarterly basis, Retained Earnings fell 102.82% year-over-year to -$44.3 million in Q1 2026; TTM through Mar 2026 was -$44.3 million, a 102.82% decrease from a year earlier, with the FY2025 full-year figure at $5.9 billion, changed 0.2% from the prior year.
  • Retained Earnings slipped to -$44.3 million in Q1 2026 per TWO's latest filing, from $5.9 billion in the prior quarter.
  • Across five years, Retained Earnings topped out at $5.9 billion in Q4 2025 and bottomed at -$701.4 million in Q3 2022.
  • The 5-year median for Retained Earnings is $1.4 billion (2022), against an average of $2.4 billion.
  • Across the five-year window, Retained Earnings sank 122.98% in 2022 and soared 3464.87% in 2024, its largest moves.
  • Year by year, Retained Earnings stood at -$278.7 million in 2022, then jumped by 36.7% to -$176.4 million in 2023, then surged by 3464.87% to $5.9 billion in 2024, then advanced by 0.2% to $5.9 billion in 2025, then sank by 100.74% to -$44.3 million in 2026.
  • Per Business Quant, the three latest TWO Retained Earnings figures stand at -$44.3 million (Q1 2026), $5.9 billion (Q4 2025), and $5.9 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 28.43 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - 19.66 Bn
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 10.88 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - -
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 7.90 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - -366.11 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - -127.21 Mn
8 Armour Residential REIT 1.42 Bn 1.34 Bn - 5.89 Bn
9 Two Harbors Investment 1.27 Bn 987.19 Mn - -44.28 Mn
10 Ladder Capital 1.20 Bn 1.17 Bn - -286.83 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -44.28 Mn
Dec 31, 2025 5.95 Bn
Sep 30, 2025 5.95 Bn
Jun 30, 2025 1.31 Bn
Mar 31, 2025 1.57 Bn
Dec 31, 2024 5.94 Bn
Sep 30, 2024 1.37 Bn
Jun 30, 2024 5.93 Bn
Mar 31, 2024 -279.51 Mn
Dec 31, 2023 -176.43 Mn
Sep 30, 2023 1.78 Bn
Jun 30, 2023 5.82 Bn
Mar 31, 2023 -152.78 Mn
Dec 31, 2022 -278.71 Mn
Sep 30, 2022 -701.38 Mn
Jun 30, 2022 1.43 Bn
Mar 31, 2022 5.63 Bn
Dec 31, 2021 1.21 Bn
Sep 30, 2021 5.43 Bn
Jun 30, 2021 1.15 Bn