Redwood Trust Redwood Investments — Income Tax Expense (Benefit) increased by 4476.7% to $1.37M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 551.6%, from -$304.00K to $1.37M. Over 2 years (FY 2022 to FY 2024), Redwood Investments — Income Tax Expense (Benefit) shows relatively stable performance with a -3.9% CAGR.
Fluctuations often reflect changes in pre-tax profitability or changes in tax jurisdiction rules rather than operational performance.
The provision for income taxes or the benefit recognized based on the taxable income generated by the investment segment...
Standard 'Income Tax Provision' found in segment reporting.
rwt_segment_redwood_investments_income_tax_expense_benefit| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.51M | $1.51M | $1.51M | $1.51M | $736.50K | $736.50K | $736.50K | $736.50K | $1.15M | $2.91M | -$606.00K | $2.13M | -$304.00K | -$1.57M | $30.00K | $1.37M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -51.3% | +0.0% | +0.0% | +0.0% | +55.6% | +154.3% | -120.8% | +451.8% | -114.3% | -415.5% | +101.9% | >999% |
| YoY Change | — | — | — | — | -51.3% | -51.3% | -51.3% | -51.3% | +55.6% | +295.7% | -182.3% | +189.5% | -126.5% | -153.8% | +105.0% | +551.6% |