Ready Capital Corporation Notes -15.12.29 (RCD) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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RCD Revenue Growth
RCD Revenue Analysis (2013–2024)
As of May 8, 2026, Ready Capital Corporation Notes -15.12.29 (RCD) generated trailing twelve-month (TTM) revenue of $-9,248,000, reflecting significant decline in growth of -69.8% year-over-year. The most recent quarter (Q3 2025) recorded $18.6 million in revenue.
Looking at the longer-term picture, RCD's 5-year compound annual growth rate (CAGR) stands at -32.7%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $389.9 million in 2023.
When compared to Real Estate sector peers including RC (+1726.0% YoY), BXMT (-7.0% YoY), and ACRE (+112.4% YoY), RCD has underperformed the peer group in terms of revenue growth. Compare RCD vs RC →
RCD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RCDCurrent | $-9,248,000 | -69.8% | -32.7% | - | |
 RC | $499M | +1726.0% | +5.4% | 24.2% | |
 BXMT | $1.5B | -7.0% | +14.4% | 71.6% | |
 ACRE | $85M | +112.4% | +1.6% | 72.4% | |
 TRTX | $333M | +307.7% | +32.7% | 73.0% | |
 GPMT | $145M | +249.6% | +6.7% | 43.6% |
RCD Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $27.4M | -93.0% | $27.4M | 100.0% | $0 | - |
| 2023 | $389.9M | +1.7% | $389.9M | 100.0% | $0 | - |
| 2022 | $383.3M | +29.4% | $383.3M | 100.0% | $0 | - |
| 2021 | $296.3M | -23.0% | $296.3M | 100.0% | $0 | - |
| 2020 | $384.7M | +94.4% | $384.7M | 100.0% | $0 | - |
| 2019 | $197.9M | +25.0% | $197.9M | 100.0% | $0 | - |
| 2018 | $158.3M | +3.6% | $129.5M | 81.8% | $-121,493,000 | -76.8% |
| 2017 | $152.8M | +22.3% | $75.8M | 49.6% | $-51,828,000 | -33.9% |
| 2016 | $124.9M | +115.5% | $59.3M | 47.5% | $-303,000 | -0.2% |
| 2015 | $58.0M | +16.7% | $39.1M | 67.5% | $-31,901,893 | -55.0% |
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Start ComparisonRCD — Frequently Asked Questions
Quick answers to the most common questions about buying RCD stock.
Is RCD's revenue growth accelerating or slowing?
RCD revenue declined -69.8% year-over-year, contrasting with the 5-year CAGR of -32.7%. TTM revenue fell to $-9M. This reverses the prior growth trend.
What is RCD's long-term revenue growth rate?
Ready Capital Corporation Notes -15.12.29's 5-year revenue CAGR of -32.7% reflects the variable expansion pattern. Current YoY growth of -69.8% is below this long-term average.
How is RCD's revenue distributed by segment?
RCD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.