Popularity #1,600Ex-dividend today · $0.18
Redwood Trust (RWT)
Provides mortgage-credit liquidity through securitization and business-purpose lending platforms.
$3.79
vs last close−0.33 (−7.91%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11 | 57 | 75 | 67 | 67 | 45 | 308 | 218 | 328 | 211 | 371 | 56 |
| Cost of revenue | 6 | 7 | 6 | 9 | 10 | 10 | −516 | 271 | 285 | 9 | 322 | 12 |
| Gross profit | 5 | 50 | 69 | 59 | 58 | 21 | 64 | −53 | 43 | 201 | 48 | 43 |
| 30 | 32 | 33 | 33 | 36 | 33 | 37 | 41 | 44 | −128 | 56 | 44 | |
| 30 | 32 | 33 | 33 | 36 | 33 | 37 | 35 | 38 | 38 | 47 | 8 | |
| Selling & marketing | 3 | 10 | 5 | 7 | 8 | 8 | 5 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 27 | 22 | 28 | 26 | 28 | 25 | 32 | 35 | 38 | 38 | 47 | 8 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 7 | −166 | 9 | 36 |
| Operating income | −24 | 18 | 36 | 26 | 22 | 3 | 264 | −94 | −1 | 329 | −8 | 353 |
| −5 | 4 | −5 | −5 | 0 | −3 | 0 | 0 | 0 | −301 | 0 | 0 | |
| Interest income | 177 | 190 | 205 | 225 | 249 | 266 | 272 | 284 | 300 | 327 | 357 | 32 |
| Interest expense | 157 | 170 | 181 | 200 | 223 | 239 | 244 | 271 | 285 | 301 | 322 | 6 |
| Other non-operating income | −24 | 18 | 3 | 3 | 0 | 0 | −3 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | −29 | 22 | 31 | 20 | 22 | 0 | 22 | −94 | −1 | 28 | −8 | 0 |
| Income tax expense | 2 | 1 | 1 | 5 | 7 | 6 | 6 | 5 | 6 | 8 | −3 | 1 |
| Net income from continuing operations | −31 | 21 | 30 | 16 | 15 | −7 | 16 | −98 | −8 | 20 | −6 | −1 |
| Net income | −31 | 21 | 30 | 16 | 15 | −7 | 16 | −98 | −8 | 20 | −6 | −1 |
| EPS, basic | −$0.29 | $0.15 | $0.21 | $0.10 | $0.09 | −$0.07 | $0.10 | −$0.76 | −$0.08 | $0.15 | −$0.07 | −$0.02 |
| EPS, diluted | −$0.29 | $0.15 | $0.21 | $0.10 | $0.09 | −$0.07 | $0.10 | −$0.76 | −$0.08 | $0.13 | −$0.07 | −$0.02 |
| Weighted average shares, basic | 115 | 116 | 132 | 132 | 132 | 132 | 133 | 133 | 129 | 126 | 125 | 125 |
| Weighted average shares, diluted | 115 | 116 | 132 | 132 | 132 | 132 | 133 | 133 | 129 | 127 | 125 | 125 |
| EBITDA | 134 | 4 | 39 | 226 | 25 | 241 | 824 | −91 | 1 | 331 | −6 | 356 |
| Depreciation & amortization | 7 | 4 | 6 | 5 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 |
| EBIT | −4 | 0 | 33 | 221 | 22 | 238 | 267 | −94 | −1 | 329 | −8 | 353 |