Two Harbors Investment (TWO) Trading Income (2012 - 2026)
Two Harbors Investment's (TWO) quarterly Trading Income came in at $16.1 million in Q1 2026, up 116.6% year-on-year from $7.4 million in Q1 2025, and down 21.99% quarter-over-quarter from $20.7 million in Q4 2025.
Two Harbors Investment (TWO) Trading Income (2012 - 2026) Analysis & Trends
Two Harbors Investment's Trading Income history runs 15 years deep, the most recent figure standing at $16.1 million for Q1 2026.
- On a quarterly basis, Trading Income rose 116.6% year-over-year to $16.1 million in Q1 2026; TTM through Mar 2026 was $21.9 million, a 116.09% increase from a year earlier, with the FY2025 full-year figure at -$91.4 million, down 185.32% from the prior year.
- Trading Income declined to $16.1 million in Q1 2026 per TWO's latest filing, from $20.7 million in the prior quarter.
- Across five years, Trading Income topped out at $198.1 million in Q3 2023 and bottomed at -$283.0 million in Q4 2023.
- The 5-year median for Trading Income is $20.7 million (2025), against an average of -$8.7 million.
- Across the five-year window, Trading Income jumped 1122.09% in 2022 and slumped 631.03% in 2023, its largest moves.
- Year by year, Trading Income stood at $53.3 million in 2022, then slumped by 631.03% to -$283.0 million in 2023, then soared by 150.97% to $144.3 million in 2024, then sank by 85.66% to $20.7 million in 2025, then dropped by 21.99% to $16.1 million in 2026.
- Per Business Quant, the three latest TWO Trading Income figures stand at $16.1 million (Q1 2026), $20.7 million (Q4 2025), and $69.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Trading Income (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 | - | 16.14 Mn |
| 10 | Ladder Capital | 1.20 Bn | 1.17 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.14 Mn |
| Dec 31, 2025 | 20.68 Mn |
| Sep 30, 2025 | 69.18 Mn |
| Jun 30, 2025 | -84.09 Mn |
| Mar 31, 2025 | -97.20 Mn |
| Dec 31, 2024 | 144.26 Mn |
| Sep 30, 2024 | -204.48 Mn |
| Jun 30, 2024 | 21.26 Mn |
| Mar 31, 2024 | 146.11 Mn |
| Dec 31, 2023 | -283.05 Mn |
| Sep 30, 2023 | 198.12 Mn |
| Jun 30, 2023 | 103.69 Mn |
| Mar 31, 2023 | -237.93 Mn |
| Dec 31, 2022 | 53.30 Mn |
| Sep 30, 2022 | 193.85 Mn |
| Jun 30, 2022 | -68.54 Mn |
| Mar 31, 2022 | -139.80 Mn |
| Dec 31, 2021 | 25.42 Mn |
| Sep 30, 2021 | -18.97 Mn |
| Jun 30, 2021 | 75.96 Mn |