Redwood Trust, Inc. (RWT) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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RWT Revenue Growth
RWT Revenue Analysis (2014–2025)
As of May 8, 2026, Redwood Trust, Inc. (RWT) generated trailing twelve-month (TTM) revenue of $1.06 billion, reflecting explosive growth of +582.5% year-over-year. The most recent quarter (Q4 2025) recorded $210.7 million in revenue, down 35.7% sequentially.
Looking at the longer-term picture, RWT's historical revenue data shows various trends over time. The company achieved its highest annual revenue of $1.11 billion in 2025, representing a new all-time high.
When compared to Real Estate sector peers including MFA (+137.8% YoY), MITT (+16.1% YoY), and SACH (+338.4% YoY), RWT has underperformed the peer group in terms of revenue growth. Compare RWT vs MFA →
RWT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RWTCurrent | $1.1B | +582.5% | - | 95.3% | |
 MFA | $875M | +137.8% | - | 78.8% | |
 MITT | $473M | +16.1% | - | 96.9% | |
 SACH | $47M | +338.4% | +29.2% | 58.8% | |
 BXMT | $1.5B | -7.0% | +14.4% | 71.6% | |
 RC | $499M | +1726.0% | +5.4% | 24.2% |
RWT Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.11B | +356.5% | $1.06B | 95.6% | $1.06B | 95.3% |
| 2024 | $242.5M | +52.9% | $208.9M | 86.1% | $74.5M | 30.7% |
| 2023 | $158.6M | +817.5% | $136.9M | 86.3% | $10.6M | 6.7% |
| 2022 | $-22,104,000 | -104.1% | $-41,821,000 | 189.2% | $-175,728,999 | 795.0% |
| 2021 | $539.6M | +269.7% | $517.6M | 95.9% | $356.2M | 66.0% |
| 2020 | $-318,034,000 | -197.2% | $-330,763,000 | 104.0% | $-439,413,000 | 138.2% |
| 2019 | $327.2M | +51.3% | $317.2M | 97.0% | $211.5M | 64.6% |
| 2018 | $216.2M | -9.6% | $208.7M | 96.5% | $133.4M | 61.7% |
| 2017 | $239.2M | -7.8% | $239.2M | 100.0% | $162.0M | 67.7% |
| 2016 | $259.5M | +21.1% | $244.7M | 94.3% | $184.4M | 71.1% |
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Start ComparisonRWT — Frequently Asked Questions
Quick answers to the most common questions about buying RWT stock.
Is RWT's revenue growth accelerating or slowing?
RWT revenue is accelerating at +582.5% year-over-year, exceeding the 5-year CAGR of N/A. TTM revenue reached $1.1B. Growth momentum has increased versus prior periods.
What is RWT's long-term revenue growth rate?
Redwood Trust, Inc.'s 5-year revenue CAGR of N/A reflects the sustained expansion pattern. Current YoY growth of +582.5% is above this long-term average.
How is RWT's revenue distributed by segment?
RWT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.