Ready Capital Corp income statement

In fiscal 2025, Ready Capital Corp reported revenue of $102m, up 3.0% on the year before and net income of −$237m, or −$1.44 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Ready Capital Corp: income statement, annual
Fiscal year	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	24	19	78	121	145	205	208	253	418	324	426	638	99	102	−6
General and administrative	0	3	—	—	—	—	—	—	—	—	—	—	—	—	—
Interest expense	1	7	19	48	58	75	109	152	175	204	392	716	—	—	—
Net interest income	8	19	74	101	79	64	60	78	83	191	271	229	201	55	3
Non-interest income	16	0	5	20	66	141	148	175	335	133	155	408	−102	47	−9
Non-interest expense	4	10	19	54	72	155	144	184	329	184	216	272	323	317	335
Provision for credit losses	—	—	12	20	8	2	2	4	35	8	34	7	293	87	280
Income before tax	20	8	29	3	65	48	63	65	54	132	175	358	−517	−303	−621
Income tax	—	0	1	8	10	2	1	−11	8	15	15	7	−105	−87	−72
Net income	19	7	29	40	49	43	59	73	45	150	186	331	−444	−237	−564
Diluted EPS	$2.38	$0.92	$3.08	$1.59	$1.85	$1.38	$1.84	$1.72	$0.81	$2.16	$1.65	$2.22	−$2.63	−$1.44	−$3.36
Diluted shares (average)	8m	8m	11m	25m	27m	31m	32m	42m	54m	69m	117m	149m	170m	167m	168m

US$ millions unless shown otherwise. Fiscal quarters.

Ready Capital Corp: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	107	77	40	−10	85	−14	−63	−14
Net interest income	51	50	15	17	11	13	−15	−5
Non-interest income	56	27	26	−27	75	−27	−48	−8
Non-interest expense	70	107	73	70	74	100	83	78
Provision for credit losses	53	285	−110	9	38	150	71	22
Income before tax	−16	−315	77	−89	−27	−264	−217	−113
Income tax	−8	−17	−5	−40	−10	−32	−17	−13
Net income	−11	−318	78	−57	−21	−236	−204	−104
Diluted EPS	−$0.07	−$1.88	$0.46	−$0.34	−$0.13	−$1.43	−$1.25	−$0.63

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Ready Capital Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ready Capital Corp.