Redwood Trust Sequoia — Net (Loss) Income decreased by 12.4% to $38.38M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 67.9%, from $22.86M to $38.38M. Over 2 years (FY 2023 to FY 2025), Sequoia — Net (Loss) Income shows an upward trend with a 250.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Positive net income indicates a healthy, value-accretive segment, while a net loss signals potential structural issues or adverse market conditions.
The bottom-line financial result for the Sequoia segment after all revenues, operating expenses, and taxes are accounted...
Standard 'Segment Net Income' used to evaluate business unit performance.
rwt_segment_sequoia_net_loss_income| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.51M | $2.51M | $2.51M | $2.51M | $7.02M | $9.92M | $22.76M | $21.80M | $22.86M | $22.15M | $34.32M | $43.82M | $38.38M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +179.3% | +41.4% | +129.3% | -4.2% | +4.9% | -3.1% | +54.9% | +27.7% | -12.4% |
| YoY Change | — | — | — | — | +179.3% | +294.9% | +805.5% | +767.5% | +225.7% | +123.3% | +50.8% | +101.0% | +67.9% |