What is Ready Capital's lease payable?

Ready Capital (RC) reported lease payable of $8.25M in Q1 2026.

How has Ready Capital's lease payable changed year-over-year?

Ready Capital's lease payable decreased by 49.9% year-over-year, from $16.47M to $8.25M.

What is the long-term trend for Ready Capital's lease payable?

Over 2 years (2023 to 2025), Ready Capital's lease payable has grown at a 2.2% compound annual growth rate (CAGR), from $8.21M to $8.57M.

Other

Lease payable

Ready Capital Lease payable decreased by 3.7% to $8.25M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 49.9%, from $16.47M to $8.25M. Over 2 years (FY 2023 to FY 2025), Lease payable shows relatively stable performance with a 2.2% CAGR.

Analysis

StatementBalance Sheet Statement

SectionOther

First reportedQ4 2023

Last reportedQ1 2026May 8, 2026

Metric ID: other_lease_payable

Historical Data

8 periods

	Q4 '23	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$8.21M	$17.16M	$17.81M	$16.47M	$8.78M	$8.51M	$8.57M	$8.25M
QoQ Change	—	+109.1%	+3.8%	-7.5%	-46.7%	-3.1%	+0.7%	-3.7%
YoY Change	—	—	+117.0%	—	—	-50.4%	-51.9%	-49.9%

Range$8.21M – $17.81M

CAGR+0.3%

Avg YoY Growth-8.8%

Median YoY Growth-50.2%

Frequently Asked Questions

What is Ready Capital's lease payable?: Ready Capital (RC) reported lease payable of $8.25M in Q1 2026.
How has Ready Capital's lease payable changed year-over-year?: Ready Capital's lease payable decreased by 49.9% year-over-year, from $16.47M to $8.25M.
What is the long-term trend for Ready Capital's lease payable?: Over 2 years (2023 to 2025), Ready Capital's lease payable has grown at a 2.2% compound annual growth rate (CAGR), from $8.21M to $8.57M.