Operating Expenses
Other expenses
Redwood Trust Other expenses decreased by 13.5% to $7.13M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 82.3%, from $3.91M to $7.13M. Over 4 years (FY 2021 to FY 2025), Other expenses shows an upward trend with a 7.0% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026
Metric ID:
operating_expenses_other_expensesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.99M | $4.02M | $4.59M | $4.09M | $3.47M | $4.26M | $3.78M | $3.68M | $4.98M | $4.63M | $2.95M | $3.36M | $5.18M | $2.23M | $3.32M | $3.91M | $4.04M | $5.68M | $8.24M | $7.13M |
| QoQ Change | — | +1.0% | +14.1% | -11.0% | -15.1% | +22.9% | -11.4% | -2.4% | +35.0% | -6.9% | -36.4% | +14.1% | +54.0% | -57.0% | +49.1% | +17.7% | +3.2% | +40.8% | +45.0% | -13.5% |
| YoY Change | — | — | — | — | -13.0% | +5.9% | -17.8% | -9.8% | +43.5% | +8.7% | -22.0% | -8.8% | +4.1% | -51.9% | +12.8% | +16.3% | -22.1% | +155.0% | +148.0% | +82.3% |
Range$2.23M – $8.24M
CAGR+13.0%
Avg YoY Growth+20.7%
Median YoY Growth+5.0%
Business Segments — Redwood Investments
| Segment | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|
| Redwood Investments | $1.83M | $3.17M | $6.23M | $5.12M |
| CoreVest | $2.20M | $2.01M | $2.01M | $2.01M |
| Aspire | — | — | — | $0.00 |
| Legacy Investments | $0.00 | $500.00K | $0.00 | $0.00 |
| Sequoia | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $4.04M | $5.68M | $8.24M | $7.13M |
Business Segments — Business Purpose Mortgage Banking
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Residential Investor Mortgage Banking | — | — | — | — | — | $2.81M | $2.20M | $2.20M |
| Investment Portfolio | $538.00K | $576.00K | $1.87M | $1.53M | $1.83M | $555.00K | $2.97M | $26.00K |
| Business Purpose Mortgage Banking | $3.24M | $3.11M | $3.11M | $3.11M | — | — | — | — |
| Residential Consumer Mortgage Banking | $0.00 | $0.00 | $0.00 | $0.00 | — | $0.00 | $0.00 | $0.00 |
| Total | $3.78M | $3.68M | $4.98M | $4.63M | $2.95M | $3.36M | $5.18M | $2.23M |
Business Purpose Mortgage Banking, Investment Portfolio, Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — CoreVest Mortgage Banking
| Segment | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '24 | Q1 '25 |
|---|---|---|---|---|---|
| CoreVest Mortgage Banking | $3.49M | $3.49M | $3.49M | $2.20M | $2.20M |
| Sequoia Mortgage Banking | -$18.50K | -$18.50K | -$18.50K | $0.00 | $0.00 |
| Total | $4.09M | $3.47M | $4.26M | $3.32M | $3.91M |
CoreVest Mortgage Banking, Sequoia Mortgage Banking were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Other expenses at Other Companies
Frequently Asked Questions
- What is Redwood Trust's other expenses?
- Redwood Trust (RWT) reported other expenses of $7.13M in Q1 2026.
- How has Redwood Trust's other expenses changed year-over-year?
- Redwood Trust's other expenses increased by 82.3% year-over-year, from $3.91M to $7.13M.
- What is the long-term trend for Redwood Trust's other expenses?
- Over 4 years (2021 to 2025), Redwood Trust's other expenses has grown at a 7.0% compound annual growth rate (CAGR), from $16.70M to $21.86M.