Two Harbors Investment (TWOD) Net Cash Flow (2010 - 2026)
Two Harbors Investment (TWOD) recorded quarterly Net Cash Flow of -$301.8 million in Q1 2026, down 272.43% quarter-over-quarter from $175.0 million in Q4 2025, and down 151.68% on a YoY basis from $584.0 million in Q1 2025.
Two Harbors Investment (TWOD) Net Cash Flow (2010 - 2026) Analysis & Trends
Two Harbors Investment's Net Cash Flow history runs 17 years deep, the most recent figure standing at -$301.8 million for Q1 2026.
- In Q1 2026, Net Cash Flow fell 151.68% year-over-year to -$301.8 million; the TTM figure through Mar 2026 stood at $62.4 million (up 253.36% YoY), while the FY2025 annual figure was $244.3 million, up 971.16% from the prior year.
- Net Cash Flow was -$301.8 million for Q1 2026 at Two Harbors Investment, down from $175.0 million in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $435.4 million in Q3 2022 to a low of -$612.5 million in Q1 2022.
- Historically, Net Cash Flow has averaged -$78.1 million across 5 years, with a median of -$56.4 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Net Cash Flow surged 251.4% in 2022, then sank 852.31% in 2024.
- A 5-year view of Net Cash Flow shows it stood at -$448.5 million in 2022, then jumped by 44.23% to -$250.1 million in 2023, then soared by 182.33% to $205.9 million in 2024, then decreased by 15.01% to $175.0 million in 2025, then sank by 272.43% to -$301.8 million in 2026.
- The last three Net Cash Flow figures came in at -$301.8 million (Q1 2026), $175.0 million (Q4 2025), and $88.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | -125.39 Mn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 615.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | -8.67 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | -326.45 Mn |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 97.70 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 359.25 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | -75.79 Mn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | -146.67 Mn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | -301.80 Mn |
| 10 | Two Harbors Investment | - | - | - | -301.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -301.80 Mn |
| Mar 31, 2026 | -301.80 Mn |
| Dec 31, 2025 | 175.03 Mn |
| Dec 31, 2025 | 175.03 Mn |
| Sep 30, 2025 | 88.62 Mn |
| Sep 30, 2025 | 88.62 Mn |
| Jun 30, 2025 | 100.57 Mn |
| Jun 30, 2025 | 100.57 Mn |
| Mar 31, 2025 | -119.92 Mn |
| Mar 31, 2025 | -119.92 Mn |
| Dec 31, 2024 | 205.94 Mn |
| Dec 31, 2024 | 205.94 Mn |
| Sep 30, 2024 | -175.12 Mn |
| Sep 30, 2024 | -175.12 Mn |
| Jun 30, 2024 | 48.39 Mn |
| Jun 30, 2024 | 48.39 Mn |
| Mar 31, 2024 | -56.41 Mn |
| Mar 31, 2024 | -56.41 Mn |
| Dec 31, 2023 | -250.13 Mn |
| Dec 31, 2023 | -250.13 Mn |