Revenue

Trading revenue

Two Harbors Investment Corporation Trading revenue decreased by 76.7% to $16.14M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 116.6%, from -$97.20M to $16.14M. Over 2 years (FY 2022 to FY 2024), Trading revenue shows an upward trend with a 66.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026Apr 29, 2026

How to read this metric

Higher revenue indicates strong market activity and successful trading strategies, while lower revenue may reflect reduced market volatility or lower client engagement.

Detailed definition

This metric captures revenue generated from market-making activities, proprietary trading, and client-driven transaction...

Peer comparison

Common among investment banks and large financial institutions with global markets divisions.

Metric ID: ms_trading_revenue

Historical Data

18 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$75.96M-$18.97M-$139.80M-$68.54M$193.85M$53.30M-$237.93M$103.69M$198.12M-$283.05M$146.11M$21.26M-$204.48M$144.26M-$97.20M-$84.09M$69.18M$16.14M
QoQ Change-125.0%-637.1%+51.0%+382.8%-72.5%-546.4%+143.6%+91.1%-242.9%+151.6%-85.4%<-999%+170.5%-167.4%+13.5%+182.3%-76.7%
YoY Change-190.2%>999%-70.2%+251.3%+2.2%-631.0%+161.4%-79.5%-203.2%+151.0%-166.5%-495.5%+133.8%+116.6%
Range-$283.05M$198.12M
CAGR-30.5%
Avg YoY Growth+7.3%
Median YoY Growth-34.0%

Frequently Asked Questions

What is Two Harbors Investment Corporation's trading revenue?
Two Harbors Investment Corporation (TWO) reported trading revenue of $16.14M in Q1 2026.
How has Two Harbors Investment Corporation's trading revenue changed year-over-year?
Two Harbors Investment Corporation's trading revenue increased by 116.6% year-over-year, from -$97.20M to $16.14M.
What is the long-term trend for Two Harbors Investment Corporation's trading revenue?
Over 2 years (2022 to 2024), Two Harbors Investment Corporation's trading revenue has grown at a 66.2% compound annual growth rate (CAGR), from $38.81M to $107.15M.
What does trading revenue mean?
Revenue earned from buying and selling financial instruments for clients and the firm.