RWTN
Redwood Trust, Inc. 9.125% Seni
NYSE · Real Estate · REIT - Mortgage · US
$24.80
+1.06%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.0B | 274.8M | 242.5M | 158.6M | (22.1M) |
| Cost of Revenue | 41.4M | 28.3M | — | — | — |
| Gross Profit | 978.5M | 246.5M | 242.5M | 158.6M | (22.1M) |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 87.6M | 153.9M | 134.4M | 126.3M | 133.9M |
| General & Admin Expense | 87.6M | 153.9M | 109.4M | 101.4M | 110.8M |
| Selling & Marketing Expense | — | — | 25.0M | 24.9M | 23.1M |
| Other Expenses | (73.3M) | 119.2M | — | — | — |
| Total Operating Expenses | 14.3M | 273.1M | 134.4M | 126.3M | 133.9M |
| Cost and Expenses | 55.7M | 301.4M | 134.4M | 126.3M | 133.9M |
| Operating Income (EBIT) | 964.2M | (26.7M) | 108.1M | 32.3M | (156.0M) |
| Non-Operating | |||||
| Interest Income | 392.2M | 82.7M | — | — | — |
| Interest Expense | 302.6M | 18.1M | 842.6M | — | — |
| Net Interest Income | 89.6M | 64.6M | (842.6M) | — | — |
| Other Non-Op Income/Expense | (945.4M) | (18.2M) | (35.3M) | (32.9M) | (27.4M) |
| Non-Operating Income (excl Interest) | — | 100.0K | 108.1M | 32.3M | (156.0M) |
| EBT (Pre-Tax Income) | 18.7M | (44.9M) | 72.8M | (639.0K) | (183.4M) |
| Income Tax Expense | 13.0M | 25.2M | 18.8M | 1.6M | (19.9M) |
| Bottom Line | |||||
| Net Income | 5.7M | (70.0M) | 54.0M | (2.3M) | (163.5M) |
| Earnings from Cont. Ops | 5.7M | (70.0M) | 54.0M | (2.3M) | (163.5M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 1.4M | (70.0M) | 42.6M | (13.0M) | (167.9M) |
| Per Share | |||||
| Basic EPS | ($0.03) | ($0.62) | $0.32 | ($0.11) | ($1.43) |
| Diluted EPS | ($0.04) | ($0.62) | $0.32 | ($0.11) | ($1.43) |
| Revenue Per Share | $8.14 | $2.43 | $1.84 | $1.36 | ($0.19) |
| Shares | |||||
| Basic Shares Outstanding | 125.3M | 113.1M | 132.1M | 116.3M | 117.2M |
| Diluted Shares Outstanding | 125.3M | 113.1M | 132.1M | 116.3M | 117.2M |
| Profitability Metrics | |||||
| EBITDA | 973.4M | (16.7M) | 11.9M | 27.3M | 29.9M |
| D&A | 9.3M | 10.1M | 11.9M | 27.3M | 29.9M |
| EBIT | 964.2M | (26.8M) | — | — | — |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026