Two Harbors Investment Corp. (TWO-PC) — Financial statements
Income statement, balance sheet, and cash flow for Two Harbors Investment Corp. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 606↓28.4% | 846↑32.1% | 640↑4980.8% | 13↑108.8% | -143 | |
| Cost of Revenue | 13↑133.1% | -38↓151.9% | 74↓21.2% | 94↑9.1% | 86 | |
| Gross Profit | 593↓33.0% | 884↑56.1% | 566↑794.8% | -82↑64.4% | -229 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Expenses | 177↑365.1% | -67↓1123.8% | 7↑101.0% | -664↓30.3% | -510 | |
| Operating Expenses | 177↑365.1% | -67↓1123.8% | 7↑101.0% | -664↓30.3% | -510 | |
| Total Costs & Expenses | 190↑280.3% | -105↓230.5% | 81↑114.1% | -570↓34.6% | -424 | |
| Operating Results | ||||||
| Operating Income | 416↓56.3% | 951↑69.9% | 560↓3.9% | 583↑107.7% | 281 | |
| Depreciation & Amortization | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| EBITDA | 46↓95.2% | 953↑70.2% | 560↓3.9% | 583↑107.7% | 281 | |
| EBIT | 46↓95.2% | 953↑70.2% | 560↓3.9% | 583↑107.7% | 281 | |
| Interest & Other Income | ||||||
| Net Interest Income | -79↑49.9% | -158↑3.2% | -163↓538.4% | 37↓53.2% | 79 | |
| Interest Income | 412↓8.5% | 450↓6.3% | 480↑62.5% | 296↑75.3% | 169 | |
| Interest Expense | 491↓19.2% | 608↓5.5% | 643↑148.9% | 258↑189.8% | 89 | |
| Non-Operating Income | 370↑25086.2% | -1 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -861↓42.0% | -606↑5.7% | -643↓148.9% | -258↓189.8% | -89 | |
| Income Before Tax | -445↓229.2% | 345↑513.4% | -83↓125.7% | 324↑69.5% | 191 | |
| Income Tax Expense | 9↓81.0% | 47↑102.7% | 23↓78.0% | 104↑2386.0% | 4 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -454↓252.4% | 298↑380.3% | -106↓148.3% | 220↑17.6% | 187 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -454↓252.4% | 298↑380.3% | -106↓148.3% | 220↑17.6% | 187 | |
| Bottom-Line Net Income | -456↓253.3% | 297↑387.4% | -103↓143.0% | 240↑28.4% | 187 | |
| EPS (Basic) | -4.36↓280.9% | 2.41↑250.6% | -1.60↓174.4% | 2.15↑25.0% | 1.72 | |
| EPS (Diluted) | -4.36↓284.0% | 2.37↑248.1% | -1.60↓175.1% | 2.13↑23.8% | 1.72 | |
| Weighted Average Shares | 104↑0.6% | 104↑8.2% | 96↓0.4% | 96↑29.1% | 74 | |
| Weighted Average Diluted Shares | 104↓7.9% | 113↑18.2% | 96↓0.4% | 96↑28.9% | 75 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.