REDWOOD TRUST INC — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that REDWOOD TRUST INC filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($70.03M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $54.00M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | ($2.27M) | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | ($163.52M) | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | $319.61M | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | ($581.85M) | Mar 1, 2023 |
| FY2019 | Dec 31, 2019 | $49.14M | Mar 2, 2020 |
| FY2019 | Sep 30, 2019 | $34.31M | Mar 2, 2020 |
| FY2019 | Jun 30, 2019 | $31.27M | Mar 2, 2020 |
| FY2019 | Mar 31, 2019 | $54.46M | Mar 2, 2020 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($10.09B) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | ($5.86B) | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | ($2.02B) | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | ($139.14M) | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | ($5.69B) | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | ($505.47M) | Mar 1, 2023 |
| FY2021 | Dec 31, 2019 | ($1.17B) | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | ($1.61B) | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | ($1.71B) | Mar 2, 2020 |
| FY2015 | Dec 31, 2015 | ($1.25B) | Feb 26, 2016 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $23.70B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $18.26B | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $14.50B | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $13.03B | Mar 3, 2025 |
| FY2022 | Dec 31, 2021 | $14.71B | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $10.36B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $18.00B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $11.94B | Mar 2, 2020 |
| FY2015 | Dec 31, 2015 | $6.23B | Feb 26, 2016 |
| FY2015 | Dec 31, 2014 | $5.92B | Feb 26, 2016 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $22.72B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $17.07B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $13.30B | Mar 3, 2025 |
| FY2023 | Dec 31, 2022 | $11.95B | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | $13.32B | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $9.24B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $16.17B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $10.59B | Mar 2, 2020 |
| FY2015 | Dec 31, 2015 | $5.08B | Feb 26, 2016 |
| FY2015 | Dec 31, 2014 | $4.66B | Feb 26, 2016 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $982.62M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $1.19B | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $1.20B | Feb 27, 2026 |
| FY2025 | Dec 31, 2022 | $1.08B | Feb 27, 2026 |
| FY2024 | Dec 31, 2021 | $1.39B | Mar 3, 2025 |
| FY2023 | Dec 31, 2020 | $1.11B | Feb 29, 2024 |
| FY2022 | Dec 31, 2019 | $1.83B | Mar 1, 2023 |
| FY2021 | Dec 31, 2018 | $1.35B | Feb 25, 2022 |
| FY2020 | Dec 31, 2017 | $1.21B | Feb 26, 2021 |
| FY2019 | Dec 31, 2016 | $1.15B | Mar 2, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $23.37M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $23.37M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $23.37M | Mar 3, 2025 |
| FY2023 | Dec 31, 2022 | $23.37M | Feb 29, 2024 |
| FY2023 | Dec 31, 2021 | $0 | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | $0 | Mar 1, 2023 |
| FY2019 | Dec 31, 2019 | $88.68M | Mar 2, 2020 |
| FY2019 | Dec 31, 2018 | $0 | Mar 2, 2020 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.11B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $1.19B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $1.14B | Mar 3, 2025 |
| FY2023 | Dec 31, 2022 | $1.15B | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | $1.32B | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $997.28M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $1.58B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $1.41B | Mar 2, 2020 |
| FY2015 | Dec 31, 2015 | $1.02B | Feb 26, 2016 |
| FY2015 | Dec 31, 2014 | $906.87M | Feb 26, 2016 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $255.66M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $245.17M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $293.00M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $259.00M | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | $450.00M | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | $461.00M | Mar 1, 2023 |
| FY2021 | Dec 31, 2019 | $197.00M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $176.00M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $145.00M | Mar 2, 2020 |
| FY2015 | Dec 31, 2015 | $220.23M | Feb 26, 2016 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $1.68B | Feb 29, 2024 |
| FY2023 | Dec 31, 2022 | $1.73B | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | $1.64B | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | $1.43B | Feb 25, 2022 |
| FY2015 | Dec 31, 2015 | $2.04B | Feb 26, 2016 |
| FY2015 | Dec 31, 2014 | $1.19B | Feb 26, 2016 |
| FY2014 | Dec 31, 2013 | $476.47M | Feb 25, 2015 |
| FY2013 | Dec 31, 2012 | $139.50M | Feb 26, 2014 |
| FY2012 | Dec 31, 2011 | $139.50M | Feb 26, 2013 |
| FY2011 | Dec 31, 2010 | $139.50M | Feb 27, 2012 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | (1) | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | 2 | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | (5) | Mar 1, 2023 |
| FY2019 | Dec 31, 2019 | 0 | Mar 2, 2020 |
| FY2019 | Sep 30, 2019 | 0 | Mar 2, 2020 |
| FY2019 | Jun 30, 2019 | 0 | Mar 2, 2020 |
| FY2019 | Mar 31, 2019 | 0 | Mar 2, 2020 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | (1) | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | 2 | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | (5) | Mar 1, 2023 |
| FY2019 | Dec 31, 2019 | 0 | Mar 2, 2020 |
| FY2019 | Sep 30, 2019 | 0 | Mar 2, 2020 |
| FY2019 | Jun 30, 2019 | 0 | Mar 2, 2020 |
| FY2019 | Mar 31, 2019 | 0 | Mar 2, 2020 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 124.46M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 132.52M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | 131.49M | Mar 3, 2025 |
| FY2023 | Dec 31, 2022 | 113.48M | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | 114.89M | Mar 1, 2023 |
| FY2021 | Dec 31, 2020 | 112.09M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | 114.35M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | 84.88M | Mar 2, 2020 |
| FY2015 | Dec 31, 2015 | 78.16M | Feb 26, 2016 |
| FY2015 | Dec 31, 2014 | 83.44M | Feb 26, 2016 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $98.97M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $92.90M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $88.38M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $111.67M | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | $91.67M | Feb 29, 2024 |