Ready Capital Corporation Notes -15.12.29 (RCD) Revenue History
Annual and quarterly revenue from 2012 to present
RCD Revenue Over Time (2012–2025)
RCD Revenue Growth History
10 of 13 years with positive growth- FY2012 revenue growth
- N/A
- FY2013 revenue growth
- -33.5%
- FY2014 revenue growth
- +205.6%
- FY2015 revenue growth
- +16.7%
- FY2016 revenue growth
- +115.5%
- FY2017 revenue growth
- +22.3%
- FY2018 revenue growth
- +3.6%
- FY2019 revenue growth
- +25.0%
- FY2020 revenue growth
- +94.4%
- FY2021 revenue growth
- -23.0%
- FY2022 revenue growth
- +29.4%
- FY2023 revenue growth
- +1.7%
- FY2024 revenue growth
- -93.0%
- FY2025 revenue growth
- +1726.0%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $45.1M | +160.9% |
| Q4 2025 | $123.8M | +112.5% |
| Q3 2025 | $18.6M | -69.8% |
| Q2 2025 | $-12,016,000 | +52.5% |
| Q1 2025 | $-74,096,000 | -10.0% |
| Q4 2024 | $58.2M | -3.3% |
| Q3 2024 | $61.7M | -39.4% |
| Q2 2024 | $-25,286,000 | -126.3% |
Multi-year avg. share of annual revenue by fiscal quarter
RCD Revenue Analysis (2012–2025)
Current Revenue & Growth
As of June 28, 2026, Ready Capital Corporation Notes -15.12.29 (RCD) generated trailing twelve-month (TTM) revenue of $175.5 million. The most recent quarter (Q1 2026) recorded $45.1 million in revenue, down 63.5% sequentially.
Historical Growth Trajectory
RCD's 5-year compound annual growth rate (CAGR) stands at +5.4%, indicating steady revenue expansion. The 3-year CAGR of +9.2% exceeds the 5-year average, indicating an acceleration in the most recent period. Ready Capital Corporation Notes -15.12.29's highest annual revenue of $499.5 million was recorded in 2025, an all-time high.
Peer Comparison
Compared to Real Estate sector peers — including RC (+751.9% YoY), BXMT (-7.0% YoY), and ACRE (+209.4% YoY). 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 | $175M | - | +5.4% | 24.2% | |
 RC | $499M | +751.9% | +5.4% | 24.2% | |
 BXMT | $1.5B | -7.0% | +14.4% | 71.6% | |
 ACRE | $85M | +209.4% | +1.6% | 72.4% | |
 TRTX | $333M | +307.7% | +32.7% | 73.0% | |
 GPMT | $145M | +249.6% | +6.7% | 43.6% |
RCD Historical Revenue Data (2012–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $499.5M | +1726.0% | $437.9M | 87.7% | $121.0M | 24.2% |
| 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% |
| 2014 | $49.7M | +205.6% | $32.4M | 65.3% | $5.3M | 10.7% |
| 2013 | $16.3M | -33.5% | $9.2M | 56.4% | $9.7M | 59.8% |
| 2012 | $24.4M | - | $23.1M | 94.3% | $3.8M | 15.7% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
14+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
RCD — Frequently Asked Questions
Quick answers to the most common questions about buying RCD stock.
Is RCD's revenue growth accelerating or slowing?
RCD TTM revenue: $175M. YoY growth: N/A. 5-year CAGR: +5.4%.
What is RCD's revenue history from 2012 to 2026?
Ready Capital Corporation Notes -15.12.29 (RCD) revenue history spans 2012 to 2026. TTM revenue as of 2026 is $175M, growing at N/A YoY. The 5-year CAGR is +5.4%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is RCD's long-term revenue growth rate (CAGR)?
Ready Capital Corporation Notes -15.12.29's 5-year revenue CAGR of +5.4% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of N/A is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for RCD.
Why does RCD's quarterly revenue fluctuate?
RCD quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Ready Capital Corporation Notes -15.12.29's revenue data from 2012 to 2026 shows full historical quarterly detail on this page.
How is RCD's revenue distributed by segment?
RCD reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does RCD's revenue compare to industry peers?
Ready Capital Corporation Notes -15.12.29 (RCD) with TTM revenue of $175M and N/A YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.