Income Before Tax
Pre-Tax Income
Year-over-year, this metric grew by 146.2%, from -$78.62M to $36.35M. Over 3 years (FY 2021 to FY 2025), Pre-Tax Income shows a downward trend with a 34.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026
How to read this metric
An increase indicates improved profitability and operational success, while a decrease signals declining performance or increased costs.
Detailed definition
Represents the company's profitability after all operating and non-operating expenses have been deducted, but before the...
Peer comparison
Standard financial metric; peers report this as 'Income (loss) before income taxes'.
Metric ID:
income_before_taxHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | 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 | -$138.87M | $66.65M | $810K | $334.07M | -$46.51M | $298.64M | -$180.72M | $217.23M | $342.56M | -$462.46M | $215.56M | $70.54M | -$248.94M | $307.6M | -$78.62M | -$257.38M | -$126.72M | $0 | $36.35M |
| QoQ Change | — | +148.0% | -98.8% | >999% | -113.9% | +742.1% | -160.5% | +220.2% | +57.7% | -235.0% | +146.6% | -67.3% | -452.9% | +223.6% | -125.6% | -227.4% | +50.8% | +100.0% | — |
| YoY Change | — | — | — | — | +66.5% | +348.1% | -154.1% | +567.1% | +14.7% | — | +219.3% | -67.5% | -172.7% | +166.5% | -136.5% | -464.9% | +49.1% | -100.0% | +146.2% |
Range-$462.46M – $342.56M
CAGR-25.8%
Avg YoY Growth+34.4%
Median YoY Growth+31.9%
Current Streak3 quarters growth
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is Two Harbors Investment Corporation's pre-tax income?
- Two Harbors Investment Corporation (TWO) reported pre-tax income of $36.35M in Q1 2026.
- How has Two Harbors Investment Corporation's pre-tax income changed year-over-year?
- Two Harbors Investment Corporation's pre-tax income increased by 146.2% year-over-year, from -$78.62M to $36.35M.
- What is the long-term trend for Two Harbors Investment Corporation's pre-tax income?
- Over 3 years (2021 to 2025), Two Harbors Investment Corporation's pre-tax income has grown at a 34.2% compound annual growth rate (CAGR), from $191.42M to -$462.72M.
- What does pre-tax income mean?
- Profit generated before accounting for income taxes.