Income Before Tax
Pre-Tax Income
Year-over-year, this metric grew by 146.2%, from -$78.62M to $36.35M. Over 3 years (FY 2021 to FY 2025), Pre-Tax Income shows a downward trend with a 34.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026
How to read this metric
Higher values indicate stronger overall profitability and operational efficiency before tax impacts.
Detailed definition
Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...
Peer comparison
A standard GAAP metric used universally to compare pre-tax performance across different industries.
Metric ID:
income_before_taxHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '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 | -$138.87M | $66.65M | $810.00K | $334.07M | -$46.51M | $298.64M | -$180.72M | $217.23M | $342.56M | -$462.46M | $215.56M | $70.54M | -$248.94M | $307.60M | -$78.62M | -$257.38M | -$126.72M | $0.00 | $36.35M |
| QoQ Change | — | +148.0% | -98.8% | >999% | -113.9% | +742.1% | -160.5% | +220.2% | +57.7% | -235.0% | +146.6% | -67.3% | -452.9% | +223.6% | -125.6% | -227.4% | +50.8% | +100.0% | — |
| YoY Change | — | — | — | — | +66.5% | +348.1% | -154.1% | +567.1% | +14.7% | — | +219.3% | -67.5% | -172.7% | +166.5% | -136.5% | -464.9% | +49.1% | -100.0% | +146.2% |
Range-$462.46M – $342.56M
CAGR-25.8%
Avg YoY Growth+34.4%
Median YoY Growth+31.9%
Current Streak3 quarters growth
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Two Harbors Investment Corporation's pre-tax income?
- Two Harbors Investment Corporation (TWO) reported pre-tax income of $36.35M in Q1 2026.
- How has Two Harbors Investment Corporation's pre-tax income changed year-over-year?
- Two Harbors Investment Corporation's pre-tax income increased by 146.2% year-over-year, from -$78.62M to $36.35M.
- What is the long-term trend for Two Harbors Investment Corporation's pre-tax income?
- Over 3 years (2021 to 2025), Two Harbors Investment Corporation's pre-tax income has grown at a 34.2% compound annual growth rate (CAGR), from $191.42M to -$462.72M.
- What does pre-tax income mean?
- Total profit earned before accounting for income tax obligations.