Ready Capital Corporation (RCB) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | -48.02M | 134.47M | -623K | -12.02M | 42.03M | 210.86M | 177.59M | 2.52M | -30.01M | 320.76M | 308.03M | 301.92M | 44.1M | 259.52M | 78.53M | 50.77M | 87.81M | 136.7M | 88.47M | 75.86M |
| Revenue Growth % | -214.24% | -36.23% | -100.35% | -576.07% | 240.05% | -34.26% | -42.35% | -99.16% | -168.05% | 23.6% | 292.26% | 494.74% | -49.78% | 89.85% | -11.24% | -33.08% | -24.06% | 20.43% | -33.74% | -47.76% |
| Property Operating Expenses | 0 | 9.15M | 40.43M | 0 | 0 | 70.56M | 32.17M | 0 | 0 | 23.68M | 32.17M | 32.33M | -14.32M | 21.13M | 15.4M | 14.37M | 12.65M | 0 | 12.93M | 17.19M |
| Net Operating Income (NOI) | 0 | 125.32M | -41.05M | -12.02M | 42.03M | 140.3M | 145.42M | 2.52M | -30.01M | 297.08M | 275.86M | 269.59M | 58.42M | 238.39M | 63.13M | 36.39M | 75.15M | 136.7M | 75.55M | 58.67M |
| NOI Margin % | 0% | 93.2% | 6589.73% | 100% | 100% | 66.54% | 81.89% | 100% | 100% | 92.62% | 89.56% | 89.29% | 132.47% | 91.86% | 80.39% | 71.69% | 85.59% | 100% | 85.39% | 77.34% |
| Operating Expenses | 6.66M | 261.88M | -110.83M | 41.45M | 38.84M | 43.45M | 42.46M | 35.61M | 37.62M | 47.98M | 40.28M | 138.74M | 5.72M | 18.09M | 3.87M | 3.85M | 148.47M | 32.82M | 6.9M | 2.87M |
| G&A Expenses | 6.66M | 12.97M | 6.01M | 11.78M | 11.43M | 66.02M | 24.5M | 12.58M | 14.11M | 45.45M | 38.25M | 42.16M | 5.72M | 18.09M | 3.87M | 3.85M | 5.13M | 9.53M | 6.9M | 2.87M |
| EBITDA | -200.09M | -134.85M | 70.87M | -53.46M | 3.19M | -438.94M | 1.29M | -33.09M | -67.63M | 239.16M | 84.31M | 238.42M | -123.35M | -482.59M | 194.61M | 158.14M | 152.76M | 103.88M | 72.43M | 59.45M |
| EBITDA Margin % | 416.7% | -100.29% | -11375.76% | 444.92% | 7.58% | -208.16% | 0.73% | -1310.94% | 225.35% | 74.56% | 27.37% | 78.97% | -279.72% | -185.96% | 247.82% | 311.51% | 173.98% | 75.99% | 81.87% | 78.36% |
| Depreciation & Amortization | 0 | 1.71M | 1.1M | 0 | 0 | 10.71M | 8.77M | 0 | 0 | 7.42M | 3.04M | 5.07M | 4.29M | 4.77M | 6.55M | 6.66M | 4.29M | 0 | 3.78M | 3.65M |
| D&A / Revenue % | 0% | 1.27% | -176.57% | 0% | 0% | 5.08% | 4.94% | 0% | 0% | 2.31% | 0.99% | 1.68% | 9.73% | 1.84% | 8.34% | 13.12% | 4.89% | 0% | 4.28% | 4.81% |
| Operating Income | -200.09M | -136.57M | 69.77M | -53.46M | 3.19M | -449.65M | -7.47M | -33.09M | -67.63M | 231.73M | 81.26M | 233.35M | -127.64M | -487.37M | 188.06M | 151.48M | 148.47M | 103.88M | 68.64M | 55.8M |
| Operating Margin % | 416.7% | -101.56% | -11199.2% | 444.92% | 7.58% | -213.24% | -4.21% | -1310.94% | 225.35% | 72.24% | 26.38% | 77.29% | -289.45% | -187.79% | 239.48% | 298.39% | 169.09% | 75.99% | 77.59% | 73.56% |
| Interest Expense | -1000K | 1000K | 1000K | 0 | 0 | -1000K | 0 | 0 | 0 | 1000K | 1000K | 1000K | 0 | 0 | 1000K | 1000K | 1000K | 0 | 0 | 0 |
| Interest Coverage | -2.07x | -1.38x | 0.96x | - | - | -0.24x | - | - | - | 1.17x | 1.34x | 1.24x | - | - | 1.64x | 1.84x | 2.23x | - | - | - |
| Non-Operating Income | 0 | 16.77M | -30.32M | -53.46M | 3.19M | 0 | 0 | -33.09M | -67.63M | 0 | 0 | 73.36M | 147.09M | -649.55M | 0 | 0 | 0 | 103.88M | -33.95M | -36.04M |
| Pretax Income | -216.76M | -264.19M | -26.88M | -88.69M | 77.2M | -314.83M | -15.88M | -80.01M | -105.79M | 25.81M | 51.21M | 258.51M | 37.37M | -227.51M | 72.56M | 70.66M | 84.53M | 60.45M | 53.08M | 37.9M |
| Pretax Margin % | 451.43% | -196.47% | 4314.93% | 738.1% | 183.69% | -149.31% | -8.94% | -3169.81% | 352.53% | 8.05% | 16.62% | 85.62% | 84.74% | -87.66% | 92.41% | 139.18% | 96.27% | 44.22% | 59.99% | 49.96% |
| Income Tax | -13.03M | -10.56M | -9.94M | -39.94M | -5.21M | -17.32M | -8.4M | -48.58M | -30.21M | 1.24M | 4.03M | 5.14M | 391K | -32.91M | 4.78M | 10.32M | 17.85M | 6.87M | 6.54M | 7M |
| Effective Tax Rate % | 6.01% | 4% | 36.96% | 45.03% | -6.74% | 5.5% | 52.93% | 60.72% | 28.56% | 4.79% | 7.86% | 1.99% | 1.05% | 14.47% | 6.58% | 14.6% | 21.12% | 11.36% | 12.32% | 18.46% |
| Net Income | -203.73M | -234.18M | -18.75M | -55.49M | 79.5M | -157.18M | -11.55M | -36.02M | -74.28M | 9.56M | 45.33M | 246.51M | 37.76M | -194.59M | 67.79M | 60.34M | 66.68M | 53.22M | 43.78M | 27.24M |
| Net Margin % | 424.28% | -174.16% | 3008.83% | 461.81% | 189.16% | -74.54% | -6.5% | -1427.14% | 247.53% | 2.98% | 14.71% | 81.65% | 85.63% | -74.98% | 86.32% | 118.85% | 75.94% | 38.93% | 49.49% | 35.9% |
| Net Income Growth % | -356.25% | -48.99% | -62.28% | -54.05% | 207.03% | -1744.85% | -125.48% | -114.61% | -296.73% | 104.91% | -33.13% | 308.56% | -43.37% | -465.66% | 54.84% | 121.53% | 135.72% | 97.75% | 26.69% | -19.55% |
| Funds From Operations (FFO) | -202.15M | -232.47M | -17.64M | -39.57M | 87.81M | -146.47M | -2.78M | -28.47M | -71.46M | 16.98M | 48.37M | 251.58M | 42.05M | -189.82M | 74.34M | 67M | 70.97M | 57.81M | 47.56M | 30.88M |
| FFO Margin % | 421% | -172.89% | 2832.26% | 329.32% | 208.92% | -69.46% | -1.57% | -1128.01% | 238.11% | 5.29% | 15.7% | 83.33% | 95.36% | -73.14% | 94.67% | 131.97% | 80.83% | 42.29% | 53.76% | 40.71% |
| FFO Growth % | -330.22% | -58.72% | -534.03% | -38.99% | 222.88% | -962.65% | -105.75% | -111.32% | -269.93% | 108.94% | -34.93% | 275.51% | -40.75% | -428.37% | 56.29% | 116.95% | 126.92% | 95.67% | 30.13% | -13.73% |
| FFO per Share | -1.21 | -1.41 | -0.11 | -0.23 | 0.52 | -0.86 | -0.02 | -0.17 | -0.42 | 0.10 | 0.28 | 1.78 | 0.35 | -1.57 | 0.65 | 0.59 | 0.81 | 0.84 | 0.66 | 0.43 |
| FFO Payout Ratio % | 0% | 0% | -129.39% | 0% | 50.16% | 0% | 0% | 0% | 0% | 381.51% | 54.54% | 30.76% | 112.19% | 0% | 68.85% | 76.37% | 48.39% | 58.06% | 71.41% | 31.39% |
| EPS (Diluted) | -1.25 | -1.43 | -0.13 | -0.34 | 0.46 | 1.69 | -0.07 | -0.21 | -0.46 | 0.12 | 0.25 | 1.76 | 0.31 | -1.61 | 0.59 | 0.53 | 0.76 | 0.00 | 0.61 | 0.38 |
| EPS Growth % | -371.74% | -184.62% | -86.25% | -61.9% | 200% | 1308.33% | -127.92% | -111.93% | -248.39% | 107.45% | -57.63% | 232.08% | -59.21% | - | -3.28% | 39.47% | 55.1% | - | -3.17% | -38.71% |
| EPS (Basic) | -1.25 | -1.44 | -0.13 | -0.34 | 0.47 | 1.70 | -0.07 | -0.21 | -0.46 | 0.12 | 0.25 | 1.86 | 0.34 | -1.76 | 0.59 | 0.53 | 0.76 | 0.00 | 0.61 | 0.38 |
| Diluted Shares Outstanding | 167.65M | 164.45M | 167.79M | 170.67M | 167.72M | 170.47M | 168.34M | 169.86M | 172.03M | 172.12M | 174.44M | 141.58M | 121.03M | 121.06M | 114.37M | 114.36M | 87.71M | 68.51M | 71.62M | 71.22M |