Non-Current Liabilities

Operating Lease Liabilities (Total)

Redwood Trust Operating Lease Liabilities (Total) decreased by 8.9% to $9.71M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 25.7%, from $13.07M to $9.71M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Total) shows a downward trend with a -8.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase suggests the company is expanding its leased asset footprint or entering into longer-term lease agreements, while a decrease indicates the expiration of leases or a reduction in leased space. High levels relative to total assets may indicate significant fixed cost commitments that could impact liquidity during market downturns.

Detailed definition

This metric represents the present value of future lease payments for operating leases that are not yet paid, recognized...

Peer comparison

Peer REITs and financial institutions typically report this based on their physical office footprint and corporate infrastructure requirements, with variations driven by lease duration and market rental rates.

Metric ID: operating_lease_liabilities_total

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$16.00M$15.77M$20.96M$20.22M$19.45M$19.53M$18.56M$17.64M$16.67M$15.63M$14.73M$13.66M$12.66M$11.71M$11.03M$13.07M$12.34M$11.60M$10.67M$9.71M
QoQ Change-1.4%+32.9%-3.5%-3.8%+0.4%-5.0%-5.0%-5.5%-6.2%-5.8%-7.2%-7.3%-7.5%-5.8%+18.5%-5.5%-6.0%-8.1%-8.9%
YoY Change+21.6%+23.9%-11.4%-12.8%-14.3%-20.0%-20.7%-22.6%-24.1%-25.1%-25.1%-4.3%-2.5%-0.9%-3.3%-25.7%
Range$9.71M$20.96M
CAGR-10.0%
Avg YoY Growth-10.5%
Median YoY Growth-13.5%
Current Streak4 quarters decline

Frequently Asked Questions

What is Redwood Trust's operating lease liabilities (total)?
Redwood Trust (RWT) reported operating lease liabilities (total) of $9.71M in Q1 2026.
How has Redwood Trust's operating lease liabilities (total) changed year-over-year?
Redwood Trust's operating lease liabilities (total) decreased by 25.7% year-over-year, from $13.07M to $9.71M.
What is the long-term trend for Redwood Trust's operating lease liabilities (total)?
Over 5 years (2020 to 2025), Redwood Trust's operating lease liabilities (total) has grown at a -8.6% compound annual growth rate (CAGR), from $16.69M to $10.67M.
What does operating lease liabilities (total) mean?
The total amount of money the company is contractually obligated to pay for leased assets over the remaining life of those leases.