Redwood Trust Inc income statement

In fiscal 2023, Redwood Trust Inc reported revenue of $166m, down 2392.5% on the year before and net income of −$2.3m, or −$0.11 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.

Redwood Trust Inc: income statement, annual
Fiscal year	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	LTMJun 2024
Revenue	89	202	288	192	189	217	229	214	308	−351	542	−7	166	217
General and administrative	4	4	4	5	5	5	77	75	109	113	165	141	128	130
Interest expense	99	121	81	87	96	89	109	239	480	448	427	552	632	707
Net interest income	118	111	145	155	164	158	139	140	142	124	148	155	93	90
Non-interest income	−29	92	142	38	25	59	90	74	166	−475	394	−163	73	127
Provision for credit losses	16	4	5	1	−0	−7	0	0	—	—	—	—	—	—
Income before tax	25	133	184	101	92	135	152	131	177	−586	338	−183	−1	44
Income tax	0	1	11	1	−10	4	12	11	7	−5	18	−20	2	8
Net income	26	132	173	101	102	131	140	120	169	−582	320	−164	−2	36
Diluted EPS	$0.31	$1.59	$1.94	$1.15	$1.18	$1.54	$1.60	$1.34	$1.46	−$5.12	$2.37	−$1.43	−$0.11	$0.29
Diluted shares (average)	78m	81m	94m	85m	85m	98m	102m	110m	137m	114m	142m	117m	116m	125m

US$ millions unless shown otherwise. Fiscal quarters.

Redwood Trust Inc: income statement, quarterly
Quarter	2022 Q3Sept 2022	2022 Q4Dec 2022	2023 Q1Mar 2023	2023 Q2Jun 2023	2023 Q3Sept 2023	2023 Q4Dec 2023	2024 Q1Mar 2024	2024 Q2Jun 2024
Revenue	−2	−6	48	43	11	64	75	67
General and administrative	38	39	36	31	30	32	35	33
Interest expense	143	146	152	153	157	170	181	200
Net interest income	35	27	26	26	20	20	24	25
Non-interest income	−37	−33	21	17	−10	44	50	42
Income before tax	−49	−53	3	3	−29	22	31	20
Income tax	1	−9	−1	0	2	1	1	5
Net income	−50	−44	5	3	−31	21	30	16
Diluted EPS	−$0.44	−$0.39	$0.02	$0.00	−$0.29	$0.16	$0.21	$0.10

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 Redwood Trust Inc's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Redwood Trust Inc.