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Redwood Trust RWT CoreVest — Interest Expense

Other segment segments

Redwood Investments
$256.31M
Sequoia
$36.34M
Aspire
$14.77M
Legacy Investments
$12.71M

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Other financials

Income statement

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Revenue$356.9M+31.2%
Net income-$5.5M-134%
EPS (diluted)-$0.07-170%

Balance sheet

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Cash & equivalents$202.4M-22.1%
Total debt$4.9B+29.2%
Total assets$26.8B+34.9%

Cash flow

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Operating cash flow-$4.5B-131%

Valuation

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Market cap$613.56M-23.0%
Enterprise value$5.29B+24.3%
P/S0.5×-0.3×

Profitability

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Net margin-9.5%-1.0pp

Where this comes from

Reported directly by Redwood Trust in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseOperating.

The official record: Redwood Trust’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Redwood Trust's corevest — interest expense?
Redwood Trust (RWT) reported corevest — interest expense of $2.08M in Q1 2026.
How has Redwood Trust's corevest — interest expense changed year-over-year?
Redwood Trust's corevest — interest expense decreased by 30.8% year-over-year, from $3.01M to $2.08M.
What is the long-term trend for Redwood Trust's corevest — interest expense?
Over 2 years (2023 to 2025), Redwood Trust's corevest — interest expense has grown at a -9.6% compound annual growth rate (CAGR), from $13.08M to $10.69M.
What does corevest — interest expense mean?
Represents the interest costs incurred on debt facilities used to finance the CoreVest mortgage loan portfolio. This reflects the cost of capital required to maintain the segment's lending operations.