Two Harbors Investment (TWO) Revenue (Gross) (2012 - 2026)

Two Harbors Investment (TWO) recorded quarterly Revenue (Gross) of $88.6 million in Q1 2026, down 1.41% quarter-over-quarter from $89.9 million in Q4 2025, and down 20.41% on a YoY basis from $111.4 million in Q1 2025.

Two Harbors Investment (TWO) Revenue (Gross) (2012 - 2026) Analysis & Trends

Two Harbors Investment's Revenue (Gross) history runs 15 years deep, the most recent figure standing at $88.6 million for Q1 2026.

  • In Q1 2026, Revenue (Gross) fell 20.41% year-over-year to $88.6 million; the TTM figure through Mar 2026 stood at $389.3 million (down 12.28% YoY), while the FY2025 annual figure was $412.0 million, down 8.48% from the prior year.
  • Revenue (Gross) was $88.6 million for Q1 2026 at Two Harbors Investment, down from $89.9 million in the prior quarter.
  • In the past five years, Revenue (Gross) ranged from a high of $123.6 million in Q3 2023 to a low of $44.8 million in Q1 2022.
  • Historically, Revenue (Gross) has averaged $101.6 million across 5 years, with a median of $111.4 million in 2025.
  • The sharpest annual moves came in 2022 and 2026: Revenue (Gross) surged 200.87% in 2022, then fell 20.41% in 2026.
  • A 5-year view of Revenue (Gross) shows it stood at $99.3 million in 2022, then advanced by 23.26% to $122.4 million in 2023, then retreated by 15.22% to $103.8 million in 2024, then dropped by 13.35% to $89.9 million in 2025, then fell by 1.41% to $88.6 million in 2026.
  • The last three Revenue (Gross) figures came in at $88.6 million (Q1 2026), $89.9 million (Q4 2025), and $93.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Gross) (Qtr)
1 Annaly Capital Management 16.03 Bn 13.77 Bn - 1.72 Bn
2 AGNC Investment 11.65 Bn 10.98 Bn - 1.05 Bn
3 Starwood Property Trust 6.12 Bn 6.12 Bn - -
4 Rithm Capital 5.12 Bn 4.81 Bn - -
5 Blackstone Mortgage Trust 3.06 Bn 2.51 Bn - -
6 Dynex Capital 2.62 Bn 1.84 Bn - 257.39 Mn
7 Armour Residential REIT 2.01 Bn 1.28 Bn - -
8 Ellington Financial 1.65 Bn 1.37 Bn - 259.52 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 88.65 Mn
10 Ladder Capital 1.27 Bn 1.24 Bn - 74.22 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 88.65 Mn
Dec 31, 2025 89.92 Mn
Sep 30, 2025 93.62 Mn
Jun 30, 2025 117.08 Mn
Mar 31, 2025 111.38 Mn
Dec 31, 2024 103.77 Mn
Sep 30, 2024 112.64 Mn
Jun 30, 2024 115.95 Mn
Mar 31, 2024 117.78 Mn
Dec 31, 2023 122.40 Mn
Sep 30, 2023 123.61 Mn
Jun 30, 2023 117.76 Mn
Mar 31, 2023 116.59 Mn
Dec 31, 2022 99.30 Mn
Sep 30, 2022 94.39 Mn
Jun 30, 2022 57.00 Mn
Mar 31, 2022 44.85 Mn
Dec 31, 2021 33.01 Mn
Sep 30, 2021 36.04 Mn
Jun 30, 2021 43.44 Mn