Income Before Tax
Pre-Tax Income
Redwood Trust Pre-Tax Income decreased by 492.6% to -$8.01M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 135.7%, from $22.41M to -$8.01M. Over 2 years (FY 2021 to FY 2024), Pre-Tax Income shows a downward trend with a -53.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026
How to read this metric
Higher values indicate stronger operational profitability and better management of core business activities.
Detailed definition
Measures the profitability of the company's core operations before accounting for income tax provisions. This metric pro...
Peer comparison
A standard universal metric used to compare the fundamental earnings power of companies across the financial sector.
Metric ID:
income_before_taxHistorical Data
18 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $96.71M | $83.96M | $48.62M | $28.46M | -$109.41M | -$48.99M | -$53.49M | $3.50M | $2.94M | -$29.11M | $30.79M | $20.46M | $21.95M | $0.00 | $22.41M | -$93.93M | -$1.35M | -$8.01M |
| QoQ Change | — | -13.2% | -42.1% | -41.5% | -484.5% | +55.2% | -9.2% | +106.5% | -15.9% | <-999% | +205.7% | -33.5% | +7.3% | -100.0% | — | -519.2% | +98.6% | -492.6% |
| YoY Change | — | — | — | — | -213.1% | -158.4% | -210.0% | -87.7% | +102.7% | +40.6% | +780.3% | +595.4% | +175.4% | — | -27.2% | -559.1% | -106.2% | -135.7% |
Range-$109.41M – $96.71M
CAGR-44.4%
Avg YoY Growth+15.1%
Median YoY Growth-87.7%
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Redwood Trust's pre-tax income?
- Redwood Trust (RWT) reported pre-tax income of -$8.01M in Q1 2026.
- How has Redwood Trust's pre-tax income changed year-over-year?
- Redwood Trust's pre-tax income decreased by 135.7% year-over-year, from $22.41M to -$8.01M.
- What is the long-term trend for Redwood Trust's pre-tax income?
- Over 2 years (2021 to 2024), Redwood Trust's pre-tax income has grown at a -53.5% compound annual growth rate (CAGR), from $338.09M to $73.20M.
- What does pre-tax income mean?
- Profitability generated from operations before tax obligations are deducted.