Two Harbors Investment Corp. (TWO) Earnings History
Net Loss19 years of earnings data (2007–2025) · Currently unprofitable on a TTM basis
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Two Harbors Investment Corp. (TWO) Earnings Overview
As of November 7, 2026, Two Harbors Investment Corp. (TWO) reported trailing twelve-month net income of -$454M. The company earned $-4.36 per diluted share over the past four quarters.
Looking at the long-term picture, TWO's historical earnings data spans multiple years. The company achieved its highest annual net income of $579M in fiscal 2013.
Two Harbors Investment Corp. 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 AGNC ($59M net income, 87.3% margin), NLY ($1.13B net income, 30.3% margin), DX (-$50M net income, 59.8% margin), TWO has comparable earnings metrics. Compare TWO vs AGNC →
TWO Earnings vs Peers
Earnings metrics vs comparable public companies
TWO Historical Earnings Data (2007–2025)
19 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$454M | -252.4% | $416M | $-4.36 | -75.0% | 68.7% |
| 2024 | $298M | +380.3% | $951M | $2.37 | 35.3% | 112.4% |
| 2023 | -$106M | -148.3% | $560M | $-1.60 | -16.6% | 87.4% |
| 2022 | $220M | +17.6% | $583M | $2.13 | 1747.1% | 4623.6% |
| 2021 | $187M | +111.5% | $281M | $1.72 | - | - |
| 2020 | -$1.63B | -603.2% | -$1.38B | $-23.83 | - | - |
| 2019 | $324M | +831.5% | $1.04B | $3.72 | 17.1% | 54.7% |
| 2018 | -$44M | -112.7% | $613M | $-0.86 | -6.3% | 86.5% |
| 2017 | $349M | -1.3% | $649M | $7.24 | 41.6% | 77.4% |
| 2016 | $353M | -28.2% | $335M | $8.08 | 70.8% | 67.2% |
| 2015 | $492M | +194.5% | $476M | $10.80 | 67.2% | 65.1% |
| 2014 | $167M | -71.1% | $94M | $3.68 | 28.3% | 15.9% |
| 2013 | $579M | +98.4% | $661M | $13.20 | 115.7% | 132.1% |
| 2012 | $292M | +129.1% | $256M | $9.60 | 54.2% | 47.5% |
| 2011 | $127M | +256.4% | $131M | $10.32 | 48.1% | 49.6% |
| 2010 | $36M | +504.6% | $35M | $12.80 | 67.0% | 65.7% |
| 2009 | -$9M | -529.2% | -$9M | $-2.81 | -276.0% | -283.0% |
| 2008 | $2M | +188.1% | $3M | $0.64 | 46.3% | 76.1% |
| 2007 | $714,573 | - | $1M | $0.48 | 48.5% | 90.4% |
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TWO — Frequently Asked Questions
Quick answers to the most common questions about buying TWO stock.
What is TWO earnings per share (EPS)?
TWO trailing twelve-month (TTM) diluted EPS is $-4.36, reflecting N/A year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2007 to 2025 is available in the table on this page.
What is Two Harbors Investment Corp.'s net income?
Two Harbors Investment Corp. (TWO) trailing twelve-month net income is $-454M as of 2025. Earnings declined N/A year-over-year.
Is TWO profitable?
TWO is not currently profitable on a TTM basis, reporting a net loss of $-454M. Net margin is N/A. Investors should monitor for a return to profitability.
What is TWO's earnings growth rate?
TWO compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2007 to 2025.
What are TWO's profit margins?
Two Harbors Investment Corp. net profit margin is N/A, operating margin is N/A, and gross margin is N/A. Below-average margins reflect competitive or cost pressures. Return on Equity is N/A.
Is TWO growing earnings?
TWO TTM EPS: $-4.36. Net income: $-454M. YoY earnings change: N/A.
What was TWO's best earnings year?
Two Harbors Investment Corp.'s highest annual net income on record is $579M, achieved in fiscal year 2013. Earnings history on this page spans 2007 to 2025 and includes all annual and quarterly figures.
What were TWO's earnings last quarter?
TWO's most recent reported quarter was Q2 2026. Net income was $62M with diluted EPS of $0.46. For a full breakdown of all quarters, see the quarterly earnings table on this page.