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Ready Capital RC Net Income

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Other financials

Income statement

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Revenue$77.4M-49.3%
EPS (diluted)-$0.63-85.3%

Balance sheet

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Cash & equivalents$177.8M-20.1%
Total debt$1.3B-36.4%
Total equity$1.2B-32.2%
Total assets$6.3B-32.7%

Cash flow

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Operating cash flow$75.1M

Valuation

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Market cap$264.31M-62.9%
Enterprise value$1.38B-45.4%
P/S0.6×-0.3×

Profitability

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Net margin-130.6%-232pp

Returns & leverage

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Return on equity-35.8%-106pp
Debt / equity-0.1×

Where this comes from

Reported directly by Ready Capital in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The source filing: Ready Capital’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054850
(in thousands, except share data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Loss from discontinued operations before income tax benefit(6,567)(7,161)
Income tax benefit1,6411,790
Net loss from discontinued operations$—$(4,926)$—$(5,371)
Net income (loss)$(99,683)$(53,677)$(299,770)$28,288
Less: Dividends on preferred stock1,9991,9993,9983,998
Less: Net income attributable to non-controlling interest1,8481,8143,4904,274
Net income (loss) attributable to Ready Capital Corporation$(103,530)$(57,490)$(307,258)$20,016
Earnings per common share from continuing operations - basic$(0.63)$(0.31)$(1.87)$0.15

Item 1. Financial Statements (Unaudited)

FAQ

What is Ready Capital's net income?
Ready Capital (RC) reported net income of -$99.68M in Q2 2026.
How has Ready Capital's net income changed year-over-year?
Ready Capital's net income decreased by 85.7% year-over-year, from -$53.68M to -$99.68M.
What is the long-term trend for Ready Capital's net income?
Over 4 years (2021 to 2025), Ready Capital's net income has grown at a 8.4% compound annual growth rate (CAGR), from $159.97M to -$221.06M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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