Redwood Trust, Inc. (RWT) Earnings History
Annual and quarterly earnings data from 1994 to 2025
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RWT EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
RWT Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 95.6% | 95.3% | -6.3% |
| 2024 | 86.1% | 30.7% | 22.3% |
| 2023 | 86.3% | 6.7% | -1.4% |
| 2022 | - | - | - |
| 2021 | 95.9% | 66.0% | 59.2% |
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Redwood Trust, Inc. (RWT) Earnings Overview
As of May 8, 2026, Redwood Trust, Inc. (RWT) reported trailing twelve-month net income of -$70M, reflecting -296.9% year-over-year growth. The company earned $-0.55 per diluted share over the past four quarters, with a net profit margin of -6.3%.
Looking at the long-term picture, RWT's historical earnings data spans multiple years. The company achieved its highest annual net income of $320M in fiscal 2021.
Redwood Trust, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including MFA ($135M net income, 20.2% margin), MITT ($34M net income, 10.3% margin), SACH ($6M net income, 13.4% margin), RWT has room to improve margins relative to the peer group. Compare RWT vs MFA →
RWT Earnings vs Peers
Earnings metrics vs comparable public companies
RWT Historical Earnings Data (1994–2025)
32 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$70M | -229.7% | $1.06B | $-0.63 | -6.3% | 95.3% |
| 2024 | $54M | +2474.8% | $75M | $0.32 | 22.3% | 30.7% |
| 2023 | -$2M | +98.6% | $11M | $-0.11 | -1.4% | 6.7% |
| 2022 | -$164M | -151.2% | -$176M | $-1.43 | - | - |
| 2021 | $320M | +154.9% | $356M | $2.37 | 59.2% | 66.0% |
| 2020 | -$582M | -443.9% | -$439M | $-5.11 | - | - |
| 2019 | $169M | +41.5% | $212M | $1.46 | 51.7% | 64.6% |
| 2018 | $120M | -14.8% | $133M | $1.09 | 55.3% | 61.7% |
| 2017 | $140M | +7.0% | $162M | $1.60 | 58.7% | 67.7% |
| 2016 | $131M | +28.6% | $184M | $1.54 | 50.6% | 71.1% |
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Start ComparisonRWT — Frequently Asked Questions
Quick answers to the most common questions about buying RWT stock.
Is RWT growing earnings?
RWT EPS fell to $-0.55, with earnings declining -296.9%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-70M.
What are RWT's profit margins?
Redwood Trust, Inc. net margin is -6.3%, with operating margin at +95.3%. Below-average margins reflect competitive or cost pressures.
How consistent are RWT's earnings?
RWT earnings data spans 1994-2025. The declining earnings trend is -296.9% YoY. Historical data enables comparison across business cycles.