What is Ready Capital's ppp liabilities?

Ready Capital (RC) reported ppp liabilities of $3.83M in Q1 2026.

How has Ready Capital's ppp liabilities changed year-over-year?

Ready Capital's ppp liabilities decreased by 74.9% year-over-year, from $15.25M to $3.83M.

What is the long-term trend for Ready Capital's ppp liabilities?

Over 2 years (2023 to 2025), Ready Capital's ppp liabilities has grown at a -51.3% compound annual growth rate (CAGR), from $36.18M to $8.59M.

Other

PPP liabilities

Ready Capital PPP liabilities decreased by 55.4% to $3.83M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 74.9%, from $15.25M to $3.83M. Over 2 years (FY 2023 to FY 2025), PPP liabilities shows a downward trend with a -51.3% CAGR.

Analysis

StatementBalance Sheet Statement

SectionOther

First reportedQ4 2023

Last reportedQ1 2026May 8, 2026

Metric ID: other_accrued_ppp_related_costs

Historical Data

8 periods

	Q4 '23	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$36.18M	$24.17M	$20.89M	$15.25M	$12.76M	$10.44M	$8.59M	$3.83M
QoQ Change	—	-33.2%	-13.6%	-27.0%	-16.4%	-18.2%	-17.7%	-55.4%
YoY Change	—	—	-42.3%	—	—	-56.8%	-58.9%	-74.9%

Range$3.83M – $36.18M

CAGR-72.3%

Avg YoY Growth-58.2%

Median YoY Growth-57.8%

Current Streak7+ quarters decline

Frequently Asked Questions

What is Ready Capital's ppp liabilities?: Ready Capital (RC) reported ppp liabilities of $3.83M in Q1 2026.
How has Ready Capital's ppp liabilities changed year-over-year?: Ready Capital's ppp liabilities decreased by 74.9% year-over-year, from $15.25M to $3.83M.
What is the long-term trend for Ready Capital's ppp liabilities?: Over 2 years (2023 to 2025), Ready Capital's ppp liabilities has grown at a -51.3% compound annual growth rate (CAGR), from $36.18M to $8.59M.