What is Two Harbors Investment Corporation's revenue?

Two Harbors Investment Corporation (TWO) generated $389.3M in revenue over the trailing twelve months, down 12.3% year over year.

Is Two Harbors Investment Corporation profitable?

Two Harbors Investment Corporation is not currently profitable: it reported a net loss of $354.7M over the trailing twelve months, a -91.1% net margin.

What is Two Harbors Investment Corporation's earnings per share?

Two Harbors Investment Corporation's diluted EPS over the trailing twelve months is $-3.81.

Where does Two Harbors Investment Corporation's income statement data come from?

Every line is extracted from Two Harbors Investment Corporation's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Two Harbors Investment Corporation TWO Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Net interest income	-$78.95M+49.9%	-$157.65M+3.2%	-$162.86M—	——
Total interest income	$412M-8.5%	$450.15M-6.3%	$480.36M+62.5%	$295.54M+75.3%
Total revenue	$412M-8.5%	$450.15M-6.3%	$480.36M+62.5%	$295.54M+75.3%
Total interest expense (banking)	$424K+542%	$66K—	——	$0—
Compensation and benefits	$95.33M+6.2%	$89.75M+69.8%	$52.87M+29.8%	$40.72M+16.2%
Other operating expenses	$90.16M+18.3%	$76.24M+22.4%	$62.31M+48.3%	$42.01M+46.1%
Total costs & expenses	$560.49M+238%	$165.99M+44.1%	$115.18M—	——
Interest expense	$490.94M-19.2%	$607.81M-5.5%	$643.23M+149%	$258.4M+190%
Other income (expense), net	-$419.99M-6,256%	$6.82M+102%	-$395.64M-183%	-$139.76M+32.3%
Net investment gains (losses)	-$96.3M-136%	-$40.89M+42.0%	-$70.52M+88.3%	-$601.21M-428%
Income before income taxes	-$462.72M-234%	$344.75M+513%	-$83.39M—	——
Income tax expense	$8.87M-81.0%	$46.59M—	——	$104.21M+2,386%
Net income	-$466.02M-256%	$298.17M+380%	-$106.37M-119%	$545.52M+189%
Net margin	-113.1%-179pp	66.2%+88.4pp	-22.1%-207pp	184.6%+72.8pp
Preferred stock dividends	$52.79M+12.0%	$47.14M-3.0%	$48.61M-9.3%	$53.61M-8.3%
Diluted earnings per share	-$4.88-317%	$2.25+215%	-$1.95—	——
Basic earnings per share	-$4.88-302%	$2.41+239%	-$1.73—	——
Weighted-average shares, diluted	416.3M-4.0%	433.6M+8.4%	399.9M+6.8%	374.5M-49.8%
Weighted-average shares, basic	416.3M+0.5%	414.2M+8.8%	380.8M+10.5%	344.5M-50.7%
Interest And Fee Income Loans Held For Sale Mortgages	$526K+574%	$78K—	——	$3K—
Accretion (Amortization) of Discounts and Premiums, Investments	-$18.26M-15.8%	-$15.77M+37.9%	-$25.41M+68.2%	-$79.79M+65.1%
Share-Based Payment Arrangement, Decrease for Tax Withholding Obligation	$1.75M—	——	——	——
Pre-tax stock-based compensation cost	$13.3M+22.0%	$10.9M-0.9%	$11M-6.0%	$11.7M+1.7%
Amortization Of Financing Costs And Discounts	$2.05M-0.2%	$2.05M-20.7%	$2.59M-3.3%	$2.68M-10.7%
Ancillary Fee Income Generated By Servicing Financial Assets Amount	$20.47M+22.4%	$16.72M+225%	$5.15M+167%	$1.93M-20.7%
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	$244.31M+971%	$22.81M—	——	——
Dividends declared (in dollars per share)	$1.52-15.6%	$1.80-7.7%	$1.95-8.5%	$2.13—
Comprehensive Income (Loss) Attributable to Common Stockholders	——	$109.2M—	——	——
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	——	$154.07M—	——	——
Contractual service fees, late fees and other ancillary fees included in income	$487.35M-7.7%	$528.21M-4.9%	$555.22M-1.7%	$564.92M+22.4%
Contractually specified servicing fees, late charges and ancillary fees	$626.72M-8.1%	$681.65M-0.6%	$685.78M+13.6%	$603.91M+28.9%
Current Federal, State and Local, Tax Expense (Benefit)	$17.16M+33.1%	$12.89M+52.1%	$8.47M+924%	-$1.03M+41.9%
Federal	$17.55M+84.0%	$9.54M+173%	$3.5M—	$0—
Current State And Local Tax Expense Benefit	-$395K-112%	$3.35M-32.7%	$4.98M+584%	-$1.03M+41.9%
Total net securities (losses)	-$98.37M-150%	-$39.3M+66.9%	-$118.88M+79.0%	-$566.26M-515%
Debt Securities, Available-for-Sale, Realized Loss	$123.68M+196%	$41.73M-69.1%	$135.16M-77.7%	$606.84M+1,864%
Debt Securities, Available-for-sale, Gross Realized Gains (Losses), Amortized Cost Sold	$9.74B+338%	$2.22B-20.4%	$2.79B-66.6%	$8.36B+36.2%
Debt Securities, Available-for-sale, Total Credit Loss Expense (Reversal)	-$121K-147%	$259K+146%	-$568K—	——
Deferred taxes	-$8.29M-125%	$33.69M+132%	$14.5M-86.2%	$105.24M+1,666%
State	-$3.07M-145%	$6.8M+424%	-$2.1M-115%	$14.33M+261%
Average notional amount	$81.41B+71.4%	$47.49B—	——	$32.73B-60.6%
Interest expense attributable to convertible notes	$0-100%	$22.82M+572%	-$4.84M-133%	$14.58M+1,036%
Dividends, Common Stock	$159.81M-15.0%	$187.91M—	——	$228.85M—
Dividends, Common Stock, Cash	$159.81M-15.0%	$187.91M-2.2%	$192.22M-16.0%	$228.85M+11.3%
Effective tax rates	-$0.02-115%	$0.14+149%	-$0.28-186%	$0.32+967%
Other	-$0—	——	——	——
Nondeductible compensation expenses	$5.47M—	——	——	——
Nondeductible compensation expenses, effective tax rate	——	——	——	——
State income taxes – net of federal income tax benefit	$0.01-73.9%	$0.02+182%	-$0.03-193%	$0.03+175%
Effective Income Tax Rate Reconciliation Tax Exempt Income	——	——	——	——
Unrealized (losses) gains on mortgage loans	——	——	——	$9K—
Float income	——	——	——	——
Gain Loss On Sale Of Mortgage Loans	$5.14M+244%	$1.49M—	——	$9K-99.5%
Net gains/(losses) on sales of loans	$4.71M+217%	$1.48M—	——	$9K—
Federal taxes	$23.5M—	——	——	——
State taxes	$1.2M—	——	——	——
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	-$93.54M-229%	$72.4M+513%	-$17.51M-126%	$68.14M+69.5%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount	$900K—	——	——	——
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	-$1.42M-107%	$21.79M-66.8%	$65.67M+70,713%	-$93K-720%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount	-$2.74M-134%	$8.03M+240%	$2.36M-77.5%	$10.48M+224%
Effective Income Tax Rate Reconciliation, Tax Exempt Income, Amount	-$100.2M-280%	$55.63M+102%	$27.54M+207%	-$25.69M-193%
Income Taxes Paid, Net	$24.62M+166%	$9.26M+25.4%	$7.38M+562%	-$1.6M+93.2%
Increase Decrease In Accrued Interest Receivable Net	——	-$2.01M—	——	——
Increase (Decrease) in Deferred Income Taxes	——	——	——	-$105.24M—
Increase (Decrease) In Due To Counterparties, Net	——	——	——	——
Increase Decrease In Interest Payable Net	——	——	$47.74M-36.9%	$75.65M—
Increase (Decrease) in Other Operating Assets and Liabilities, Net	——	$58.15M+967%	$5.45M-72.6%	$19.87M—
Incremental Common Shares Attributable To Conversion Of Debt Securities	0-100%	18.3M-2.3%	18.7M-36.8%	29.6M-37.7%
Add - Incremental shares under stock-based compensation plans (in shares)	$0-100%	$1.19M+855%	$125.06K-50.9%	$254.6K+3,209%
Interest and Dividend Income, Operating	$412M-8.5%	$450.15M-6.3%	$480.36M+62.5%	$295.54M+75.3%
Convertible senior notes	$17.95M-1.4%	$18.2M-3.3%	$18.82M-4.1%	$19.61M-30.1%
Revolving credit facilities	$75.69M-30.3%	$108.62M—	——	$51.81M—
U.S. Treasury securities sold, not yet purchased	$388.34M-17.1%	$468.49M-1.2%	$474.29M+183%	$167.46M+550%
Senior notes	$7.26M—	$0—	$0—	——
Interest Income, Available-for-sale	$374.99M-4.7%	$393.53M-4.6%	$412.31M+51.5%	$272.23M+62.7%
Deposits at banks	$36.49M-35.5%	$56.55M-16.9%	$68.05M+192%	$23.31M+1,711%
Interest Income (Expense), Operating	-$78.95M+49.9%	-$157.65M+3.2%	-$162.86M—	——
Interest Paid, Excluding Capitalized Interest, Operating Activity	$487.75M-21.2%	$618.66M+9.3%	$565.83M+269%	$153.18M+88.5%
Marketable security, gain (loss)	-$96.18M-140%	-$40.04M+42.8%	-$69.97M+88.4%	-$603.94M-597%
UWM Termination Fee paid by CCM	——	——	——	——
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	——	-$1.07B-124%	-$479.4M—	——
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	——	$895.28M—	——	——
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$88.92M—	——	$343.51M-44.9%	$623.4M+47.2%
Net Income (Loss) Available To Common Stockholders	-$507.09M-301%	$251.68M+266%	-$152.01M—	——
Net Servicing Income	$614M-7.2%	$661.58M+12.1%	$590.29M+15.8%	$509.79M+33.4%
Number of operating segments	——	1—	——	——
Number of reportable segments	——	1—	——	——
Unrealized gains (losses) on available-for-sale securities	$320.44M+322%	-$144.1M-241%	$102.28M—	——
AOCI before reclass, net of taxes	$234.13M+255%	-$150.67M—	——	——
Other comprehensive income (loss)	$320.44M+322%	-$144.1M-241%	$102.28M—	——
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax	-$86.4M—	——	-$140.9M+67.1%	-$428.5M—
Other income, net (Note 6)	——	$1.2M-76.5%	$5.1M—	——
Earnings allocated to participating share awards	$1.31M-53.7%	$2.83M+132%	$1.22M+164%	$462K+180%
Participating Securities Distributed And Undistributed Earnings Loss Diluted	$0-100%	$16K+100%	$8K-95.3%	$171K+584%
Payment For Purchase And Origination, Loan, Mortgage, Held-for-Sale	$221.1M+243%	$64.42M+80,420%	$80K-69.7%	$264K—
Payments for (Proceeds from) Derivative Instrument, Investing Activities	$285.07M—	——	$248.39M—	——
Payments For Securities Purchased Under Agreements To Resell	$3.11B-14.7%	$3.65B+46.7%	$2.49B-23.3%	$3.24B+176%
Payments of Ordinary Dividends, Common Stock	$170.86M-9.0%	$187.68M-5.0%	$197.64M-16.0%	$235.37M+21.6%
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	$51.53M+8.8%	$47.36M-3.3%	$48.96M-11.0%	$54.99M-13.6%
Payment, Tax Withholding, Share-Based Payment Arrangement	$1.75M—	$0—	$0—	——
Payments to Acquire Debt Securities, Available-for-Sale	$9.34B+338%	$2.14B-44.9%	$3.88B-63.6%	$10.66B+327%
Payments to Acquire Mortgage Servicing Rights (MSR)	$103.99M-8.9%	$114.12M-63.5%	$312.64M-50.4%	$629.81M-15.1%
Floating Annual Rate	——	——	——	——
Principal Payments On Assets Sold Under Agreements To Repurchase	——	$46.68B+24.0%	$37.63B—	——
Proceeds from repurchase agreements	——	$46.46B+25.4%	$37.05B—	——
Payoffs and paydowns of loans held-for-sale	$1.38M+848%	$145K—	——	$30K+275%
Proceeds from Issuance of Common Stock	$279K+14.3%	$244K-99.9%	$275.67M+4,068%	$6.61M-98.5%
Proceeds from revolver	$174.83M+252%	$49.71M—	$0—	$0-100%
Proceeds from long-term lines of credit	$373M—	——	——	$720M—
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale	$763.39M+7.9%	$707.2M+6.8%	$662.47M-39.9%	$1.1B-65.0%
Proceeds from sales of mortgage servicing rights	$439.08M+300%	$109.78M-18.0%	$133.94M—	——
Sale of investments	$9.64B+342%	$2.18B-18.3%	$2.67B-65.7%	$7.79B+24.2%
Residential mortgage loan sales	$211.33M+236%	$62.87M—	——	$0-100%
Proceeds From Securities Purchased Under Agreements To Resell	$3.31B-7.4%	$3.58B+9.4%	$3.27B+41.6%	$2.31B+104%
Realized And Unrealized Losses (Gains) On Derivative Instruments	——	$147.41M+183%	-$177M—	——
Reclassified net gains (losses) from AOCI into earnings	-$86.31M—	——	-$140.87M+67.1%	-$428.53M-216%
Repayments Of Convertible Debt	$0-100%	$9.68M—	——	——
Repayments of Lines of Credit	$167.45M+251%	$47.67M—	$0—	$0-100%
Repayments of Long-term Lines of Credit	$473.8M+8.1%	$438.5M—	——	$21.93M—
Additions from purchases of mortgage servicing rights	——	$114.04M-63.5%	$312.64M—	——
Servicing Asset At Fair Value Additions	$1.94M+191%	$667K-99.8%	$298.97M—	$0-100%
Changes in valuation inputs or assumptions	-$4.19M-102%	$168.97M—	——	$800.07M+42.1%
Servicing Asset at Fair Value, Disposition From Sales	$435.9M+297%	$109.82M-18.0%	$133.94M—	——
Servicing Asset At Fair Value Other Changes In Fair Value	-$238.03M-2.8%	-$231.61M-1.7%	-$227.66M+38.6%	-$371.02M+44.3%
Servicing rights obtained in acquisition	——	-$1.55M+66.1%	-$4.56M+55.5%	-$10.24M+70.9%
Servicing Asset At Fair Value, Total Changes In Fair Value	——	——	——	——
Servicing Asset At Fair Value, Unrealized Changes In Fair Value	——	——	——	——
Stock-based compensation	$13.35M+22.0%	$10.95M-0.3%	$10.98M-5.6%	$11.63M+1.3%
Percent of share based award available for grant in succeeding calendar year	——	——	——	——
Dividend reinvestment plan issuances (in shares)	43.5K+38.3%	31.4K+8.4%	29K-6.5%	31K-28.4%
Stock Issued During Period, Value, Dividend Reinvestment Plan	$383K—	——	——	$300K-25.0%
Issuance of common stock in connection with the Spin-Off and reclassification of net parent investment	$279K+14.3%	$244K-99.9%	$275.67M+4,068%	$6.61M-98.5%
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture	$13.35M+22.0%	$10.95M-0.3%	$10.98M-5.6%	$11.63M+1.3%
Servicing costs	$12.73M-36.6%	$20.07M-79.0%	$95.49M+1.5%	$94.12M+9.1%

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Questions, answered.

What is Two Harbors Investment Corporation's revenue?: Two Harbors Investment Corporation (TWO) generated $389.3M in revenue over the trailing twelve months, down 12.3% year over year.
Is Two Harbors Investment Corporation profitable?: Two Harbors Investment Corporation is not currently profitable: it reported a net loss of $354.7M over the trailing twelve months, a -91.1% net margin.
What is Two Harbors Investment Corporation's earnings per share?: Two Harbors Investment Corporation's diluted EPS over the trailing twelve months is $-3.81.
Where does Two Harbors Investment Corporation's income statement data come from?: Every line is extracted from Two Harbors Investment Corporation's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.