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Two Harbors (TWO)
NYSE:TWO
US Market

Two Harbors (TWO) Income Statement

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Two Harbors Income Statement

Last quarter (Q3 2025), Two Harbors's total revenue was $247.57M, an increase of 95.73% from the same quarter last year. In Q3, Two Harbors's net income was $-127.92M. See Two Harbors’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 24Dec 23Dec 22Dec 21Dec 20
Total Revenue
$ 845.84M$ 640.49M$ 12.61M$ -142.91M$ -1.56B
Gross Profit
$ 884.29M$ 566.36M$ -81.51M$ -229.16M$ -1.56B
Operating Expenses
$ 511.01M$ 31.79M$ 407.18M$ 255.22M$ 39.15M
Depreciation and Amortization
$ 0.00$ 167.90K$ 228.49K$ 0.00$ 206.30K
EBITDA
$ 951.08M$ 560.54M$ 582.85M$ 280.59M$ 0.00
Operating Income
$ 951.08M$ 559.83M$ 582.85M$ 280.59M$ -1.67B
Other Income/Expenses
$ -606.32M$ -643.23M$ -258.39M$ -89.17M$ -64.65M
Pretax Income
$ 344.75M$ -83.39M$ 324.45M$ 191.42M$ -1.67B
Net Income
$ 298.17M$ -106.37M$ 220.24M$ 187.23M$ -1.63B
Per Share Metrics
Basic EPS
$ 2.41$ -1.60$ 2.15$ 1.72$ -23.83
Diluted EPS
$ 2.37$ -1.60$ 2.13$ 1.72$ -23.83
Weighted Average Shares Outstanding
103.56M 95.67M 96.08M 74.44M 68.40M
Weighted Average Shares Outstanding (Diluted)
113.09M 95.67M 96.08M 74.51M 68.40M
Currency in USD

Two Harbors Earnings and Revenue History