Two Harbors Investment Corp. is a real estate investment trust, which invests in finances, and manages agency residential mortgage-backed securities, mortgage servicing rights, and other financial assets. The Company, through its operational platform, RoundPoint Mortgage Servicing LLC, is a servicer of conventional loans. The Company, through its subsidiary, TH MSR Holdings LLC, holds the requisite approvals from Fannie Mae and Freddie Mac to own and manage MSR. Its Agency residential mortgage-backed securities portfolio is comprised of fixed rate mortgage-backed securities backed by single-family and multi-family mortgage loans. Its other assets may include financial and mortgage-related assets other than its target assets, including non-Agency securities (securities that are not issued or guaranteed by Ginnie Mae, Fannie Mae or Freddie Mac), other Agency securities and certain non-hedging transactions that may produce non-qualifying income for purposes of REIT gross income tests.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
Revenue
697
182
177
213
124
103
Revenue Growth (YoY)
-44%
77%
-64%
-518%
-82%
-76%
Cost of Revenue
465
97
108
120
139
134
Gross Profit
232
85
68
92
-14
-31
Selling, General & Admin
95
26
25
21
21
26
Research & Development
--
--
--
--
--
--
Operating Expenses
371
44
47
40
239
47
Other Non Operating Income (Expenses)
--
--
--
--
--
--
Pretax Income
-330
36
17
-126
-257
-78
Income Tax Expense
12
4
5
1
1
0
Net Income
-396
19
-1
-141
-272
-92
Net Income Growth
-354%
-121%
-100%
-44%
-215%
-148%
Shares Outstanding (Diluted)
105.32
105.32
104.24
104.14
104.08
103.97
Shares Change (YoY)
1%
1%
-27%
0%
0%
-4%
EPS (Diluted)
-3.76
0.18
-0.01
-1.35
-2.61
-0.89
EPS Growth
-351%
-120%
-101%
-44%
-215%
-151%
Free Cash Flow
33
56
117
-239
99
111
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
33.28%
46.7%
38.41%
43.19%
-11.29%
-30.09%
Operating Margin
-19.94%
21.97%
11.86%
24.41%
-204.83%
-75.72%
Profit Margin
-56.81%
10.43%
-0.56%
-66.19%
-219.35%
-89.32%
Free Cash Flow Margin
4.73%
30.76%
66.1%
-112.2%
79.83%
107.76%
EBITDA
--
--
--
--
--
--
EBITDA Margin
--
--
--
--
--
--
D&A For EBITDA
--
--
--
--
--
--
EBIT
-139
40
21
52
-254
-78
EBIT Margin
-19.94%
21.97%
11.86%
24.41%
-204.83%
-75.72%
Effective Tax Rate
-3.63%
11.11%
29.41%
-0.79%
-0.38%
0%
Follow-Up Questions
What are Two Harbors Investment Corp's key financial statements?
According to the latest financial statement (Form-10K), Two Harbors Investment Corp has a total asset of $0, Net loss of $0
What are the key financial ratios for TWO?
Two Harbors Investment Corp's Current ratio is 0, has a Net margin is 0, sales per share of $0.
How is Two Harbors Investment Corp's revenue broken down by segment or geography?
Two Harbors Investment Corp largest revenue segment is Real Estate Investment Trust, at a revenue of 1,092,961,000 in the most earnings release.For geography, United States is the primary market for Two Harbors Investment Corp, at a revenue of 1,092,961,000.
Is Two Harbors Investment Corp profitable?
no, according to the latest financial statements, Two Harbors Investment Corp has a net loss of $0
Does Two Harbors Investment Corp have any liabilities?
no, Two Harbors Investment Corp has liability of 0
How many outstanding shares for Two Harbors Investment Corp?
Two Harbors Investment Corp has a total outstanding shares of 0