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RWTN logoRedwood Trust, Inc. 9.125% Seni (RWTN) Earnings History

Annual and quarterly earnings data from 2013 to 2025

TTM Net Income
-$70M
Net Loss
TTM EPS
$-0.55
Diluted
YoY EPS Growth
-293.8%
Declining
Net Margin
-25.5%
Profitability
Operating Margin-9.7%
Gross Margin89.7%
ROE-6.5%
ROA-0.3%
Highest Annual Net Income$320M (2021)
Highest Quarterly EPS$1.12 (Q2 2020)
Consecutive Profitable Years0 years
Q4 2025
Net Income$20M
EPS$-0.60
QoQ Growth+359.6%Excellent

Loading earnings history...

RWTN EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
N/A
N/M
3-Year
N/A
N/M
5-Year
N/A
N/M
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

RWTN Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202589.7%-9.7%-25.5%
2024100.0%44.6%22.3%
2023100.0%20.4%-1.4%
2022---
2021100.0%70.1%59.2%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Redwood Trust, Inc. 9.125% Seni (RWTN) Earnings Overview

As of May 8, 2026, Redwood Trust, Inc. 9.125% Seni (RWTN) reported trailing twelve-month net income of -$70M, reflecting -293.8% year-over-year growth. The company earned $-0.55 per diluted share over the past four quarters, with a net profit margin of -25.5%.

Looking at the long-term picture, RWTN's historical earnings data spans multiple years. The company achieved its highest annual net income of $320M in fiscal 2021.

Redwood Trust, Inc. 9.125% Seni 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 RWT (-$70M net income, -6.3% margin), MFA ($135M net income, 20.2% margin), MITT ($34M net income, 10.3% margin), RWTN has room to improve margins relative to the peer group. Compare RWTN vs RWT →

RWTN Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
RWTN logoRWTNCurrent
-$70M$-0.55-25.5%-6.5%-293.8%—
RWT logoRWT
-$70M$-0.55-6.3%-6.5%-296.9%
MFA logoMFA
$135M$1.2820.2%9.6%+104.9%
MITT logoMITT
$34M$1.0610.3%8.8%-26.8%
IVR logoIVR
$101M$1.5329.8%13.3%+135.4%
CIM logoCIM
$19M$0.2328.1%9.0%+150.0%
Best in group
Lowest in group

RWTN Historical Earnings Data (2013–2025)

13 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025-$70M-229.7%-$27M$-0.62-25.5%-9.7%
2024$54M+2474.8%$108M$0.3222.3%44.6%
2023-$2M+98.6%$32M$-0.11-1.4%20.4%
2022-$164M-151.2%-$156M$-1.43--
2021$320M+154.9%$378M$2.1759.2%70.1%
2020-$582M-443.9%-$427M$-5.12--
2019$169M+46.0%$221M$1.2051.7%67.7%
2018$116M-15.3%$131M$1.0553.6%60.5%
2017$137M+7.3%$152M$1.3457.2%63.6%
2016$128M+28.4%$145M$1.3049.1%55.9%

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Compare RWTN vs WELL

Side-by-side business, growth, and profitability comparison vs Welltower Inc..

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RWTN — Frequently Asked Questions

Quick answers to the most common questions about buying RWTN stock.

Is RWTN growing earnings?

RWTN EPS fell to $-0.55, with earnings declining -293.8%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-70M.

What are RWTN's profit margins?

Redwood Trust, Inc. 9.125% Seni net margin is -25.5%, with operating margin at -9.7%. Below-average margins reflect competitive or cost pressures.

How consistent are RWTN's earnings?

RWTN earnings data spans 2013-2025. The declining earnings trend is -293.8% YoY. Historical data enables comparison across business cycles.

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RWTN Earnings Over Time (2014–2025)

Net income and EPS trends