Sequoia — Interest Expense
Redwood Trust Sequoia — Interest Expense decreased by 8.4% to $36.34M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 113.5%, from $17.02M to $36.34M. Over 2 years (FY 2023 to FY 2025), Sequoia — Interest Expense shows an upward trend with a 108.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may signal higher leverage or rising interest rates on variable-rate debt, while a decrease reflects lower borrowing costs or reduced debt levels.
Detailed definition
Represents the interest costs incurred on debt facilities and securitization-related liabilities used to fund the Sequoi...
Peer comparison
Comparable to interest expense on warehouse lines or securitization debt at peer mortgage finance companies.
rwt_segment_sequoia_interest_expenseHistorical Data
| 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 | $6.03M | $6.03M | $6.03M | $6.03M | $8.27M | $9.92M | $16.77M | $19.11M | $17.02M | $21.50M | $26.66M | $39.68M | $36.34M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +37.1% | +20.0% | +69.0% | +13.9% | -10.9% | +26.4% | +24.0% | +48.8% | -8.4% |
| YoY Change | — | — | — | — | +37.1% | +64.6% | +178.2% | +216.9% | +105.9% | +116.7% | +59.0% | +107.7% | +113.5% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Redwood Trust's sequoia — interest expense?
- Redwood Trust (RWT) reported sequoia — interest expense of $36.34M in Q1 2026.
- How has Redwood Trust's sequoia — interest expense changed year-over-year?
- Redwood Trust's sequoia — interest expense increased by 113.5% year-over-year, from $17.02M to $36.34M.
- What is the long-term trend for Redwood Trust's sequoia — interest expense?
- Over 2 years (2023 to 2025), Redwood Trust's sequoia — interest expense has grown at a 108.5% compound annual growth rate (CAGR), from $24.11M to $104.85M.
- What does sequoia — interest expense mean?
- The total interest paid on debt used to fund the Sequoia mortgage portfolio.