Income StatementBalance SheetCash FlowSegments
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Redwood Trust Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Redwood Trust holds $26.8B in total assets. Cash and equivalents total $202.4M. Based on the Q1 2026 filing.

Total Assets$26.8BLong Term Debt$4.9BCash And Equivalents$202.4M
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$678.7M

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued expenses$313.7M———$398.9M—
Derivative Liabilities - Fair Value$23.7M$12.8M$68.8M$57.0M$28.2M$156.2M
Operating lease liabilities, current$11.0M$13.1M$12.3M$11.6M$10.7M$9.7M

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$2.5B$2.5B$2.5B$2.5B$2.5B$2.5B
Accumulated other comprehensive income (loss)-$43.1M-$39.3M-$39.1M-$35.7M-$31.7M-$31.4M
Common stock$1.3M$1.3M$1.3M$1.3M$1.2M$1.3M
Additional paid-in capital$2.5B$2.5B$2.5B$2.5B$2.5B$2.5B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$1.3M$1.3M$1.3M$1.3M$1.2M$1.3M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$66.9M$66.9M$66.9M$66.9M$66.9M$66.9M
Preferred stock$66.9M$66.9M$66.9M$66.9M$66.9M$66.9M
Distributions in excess of accumulated earnings$2.5B$2.6B$2.6B$2.6B$2.6B$2.7B
Retained earnings$1.2B$1.2B$1.1B$1.1B$1.1B$1.1B
Total liabilities and stockholders' equity$18.3B$19.9B$21.3B$22.6B$23.7B$26.8B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash and cash equivalents$245.2M$259.9M$302.0M$226.3M$255.7M$202.4M
Derivative assets$46.0M$158.9M$219.8M$97.9M$105.6M$154.9M
Restricted cash$67.8M$86.6M$146.2M$103.9M$193.4M$92.3M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Goodwill$23.4M$23.4M$23.4M$23.4M$23.4M$23.4M
Mortgage servicing rights$297.7M$298.3M$298.0M$282.3M$302.2M$299.7M
Home equity investments$589.8M$600.4M$587.6M$326.2M$329.9M$341.1M
Other Assets$415.7M$367.7M$448.6M$398.5M$413.5M$508.5M
Fair value of servicing rights$297.7M$298.3M$298.0M$282.3M$302.2M$299.7M
Other Investments$78.1M$84.9M$78.3M$82.5M$102.0M$106.7M
Other non-current assets$415.7M$367.7M$448.6M$398.5M$413.5M$508.5M
Total assets$18.3B$19.9B$21.3B$22.6B$23.7B$26.8B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross Assets/Liabilities$23.7M$12.8M$68.8M$57.0M$28.2M$156.2M
Derivative Liability$23.7M$12.8M$68.8M$57.0M$28.2M$156.2M
Other (including finance leases)$3.5B$3.8B$3.7B$4.4B$4.8B$4.9B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Long-term debt$3.5B$3.8B$3.7B$4.4B$4.8B$4.9B
Accrued taxes and other expenses$313.7M$456.5M$480.7M$363.0M$398.9M$417.7M
Operating Lease Liabilities (Total)$11.0M$13.1M$12.3M$11.6M$10.7M$9.7M
Other Debt Including Capitalized Leases$3.5B$3.8B$3.7B$4.4B$4.8B$4.9B
Other non-current liabilities$23.7M$12.8M$68.8M$57.0M$28.2M$156.2M
Secured Debt$13.3B$14.5B$16.0B$16.8B$17.5B$20.4B
Total liabilities$17.1B$18.7B$20.3B$21.6B$22.7B$25.9B