Revenue

Membership and other income

Redwood Trust Membership and other income increased by 12.6% to $2.44M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 57.2%, from $1.55M to $2.44M. Over 4 years (FY 2021 to FY 2025), Membership and other income shows a downward trend with a -24.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase signals strong customer retention and growth in the subscription base, while a decrease indicates potential churn or reduced demand for auxiliary services.

Detailed definition

Revenue derived from recurring membership subscriptions and auxiliary services provided to customers. This metric tracks...

Peer comparison

Standard for retail and subscription-based business models.

Metric ID: wmt_membership_and_other_income

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$2.13M$2.39M$3.66M$5.98M$7.01M$4.03M$4.19M$4.56M$4.16M$2.35M-$13.55M-$775.00K$1.04M$880.00K$688.00K$1.55M$352.00K-$183.00K$2.16M$2.44M
QoQ Change+12.3%+53.3%+63.4%+17.1%-42.5%+4.0%+8.8%-8.7%-43.6%-677.4%+94.3%+233.8%-15.1%-21.8%+125.3%-77.3%-152.0%>999%+12.6%
YoY Change+229.5%+68.6%+14.4%-23.9%-40.7%-41.7%-423.4%-117.0%-75.1%-62.5%+105.1%+300.0%-66.1%-120.8%+214.5%+57.2%
Range-$13.55M$7.01M
CAGR+2.9%
Avg YoY Growth+1.1%
Median YoY Growth-32.3%
Current Streak2 quarters growth

Business Segments — CoreVest Mortgage Banking

View all
SegmentQ2 '25Q3 '25Q1 '26
CoreVest Mortgage Banking$7.22M$7.07M$8.23M
Sequoia Mortgage Banking$921.00K$655.00K$567.00K
Total$352.00K-$183.00K$2.44M

Business Segments — CoreVest Mortgage Banking

View all
SegmentQ2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25
CoreVest Mortgage Banking$4.58M$4.58M$4.58M$3.57M$5.87M$5.55M$6.25M$5.89M
Sequoia Mortgage Banking$718.25K$718.25K$718.25K$81.00K$1.35M$335.00K$246.00K$92.00K
Total$4.16M$2.35M-$13.55M-$775.00K$1.04M$880.00K$688.00K$1.55M

Frequently Asked Questions

What is Redwood Trust's membership and other income?
Redwood Trust (RWT) reported membership and other income of $2.44M in Q1 2026.
How has Redwood Trust's membership and other income changed year-over-year?
Redwood Trust's membership and other income increased by 57.2% year-over-year, from $1.55M to $2.44M.
What is the long-term trend for Redwood Trust's membership and other income?
Over 4 years (2021 to 2025), Redwood Trust's membership and other income has grown at a -24.6% compound annual growth rate (CAGR), from $12.02M to $3.88M.
What does membership and other income mean?
Income from customer membership fees and related auxiliary services.