Redwood Trust, Inc. (RWT) quarterly cash flow statement — complete operating, investing & financing 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 |
|---|
| Cash from Operations | -4.51B | -3.36B | -2.67B | -2.11B | -1.95B | -853.98M | -2.09B | -1.97B | -954.17M | -1.15B | -891.03M | -78.44M | 102.01M | -9.71M | 361.36M | -199.11M | -291.68M | -1.91B | -1.13B | -1.69B |
| Operating CF Growth % | -130.86% | -293.52% | -27.76% | -7.49% | -104.63% | 25.63% | -134.38% | -2406.37% | -1035.38% | -11729.05% | -346.58% | 60.61% | 134.97% | 99.49% | 132.03% | 88.19% | 69.81% | -480.91% | -387.23% | -667.61% |
| Operating CF / Revenue % | -1104.54% | -1594.64% | -814.51% | -971.2% | -634.05% | -2765.58% | -2995.28% | -2914.88% | -1279.92% | -2013.26% | -8283.26% | -181.3% | 238.58% | 45.64% | -16425.27% | 282.45% | -405.89% | -1917.77% | -804.12% | -1162.4% |
| Net Income | -5.5M | 20M | -7.7M | -98.49M | 16.15M | -6.62M | 14.83M | 15.53M | 30.26M | 21.04M | -30.81M | 2.87M | 4.62M | -44.06M | -50.41M | -99.97M | 30.91M | 44.05M | 88.29M | 90.03M |
| Depreciation & Amortization | 2.27M | 2.27M | 2.33M | 2.71M | 2.75M | 2.79M | 2.82M | 2.85M | 3.47M | 3.77M | 3.75M | 3.67M | 3.67M | 3.81M | 4.41M | 3.74M | 3.97M | 4.11M | 4.27M | 4.23M |
| Stock-Based Compensation | 6.21M | 2.36M | 5.07M | 4.63M | 5.1M | 3.79M | 4.7M | 5.55M | 6.7M | 4.11M | 3.41M | 5.2M | 6.34M | 5.43M | 5.07M | 5.27M | 8.17M | 4.14M | 4.9M | 5.64M |
| Other Non-Cash Items | -4.45B | -3.44B | -2.62B | -1.96B | -2.11B | -761.11M | -2.13B | -2.03B | -1.01B | -1.11B | -876.85M | -118.08M | 111.05M | 55.81M | 396.16M | -73.96M | -356.9M | -1.89B | -1.26B | -1.73B |
| Working Capital Changes | -64.54M | 59.97M | -47.33M | -60.88M | 133.77M | -92.83M | 22.8M | 38.79M | 14.73M | -65.19M | 9.47M | 27.91M | -23.67M | -30.7M | 6.14M | -34.2M | 22.17M | -86.31M | 35.85M | -51.8M |
| Cash from Investing | 1.23B | 1.61B | 1.28B | 979.08M | 658.76M | 1B | 635.62M | 551.49M | 350.29M | 269.49M | 252.98M | 275.52M | 110.73M | 44.93M | -34.88M | -66.66M | 270.5M | 41.08M | 293.17M | 487.23M |
| Acquisitions (Net) | 0 | 0 | 2.16M | 7.14M | 8.51M | -35.96M | 9.29M | 15.38M | 11.28M | -527K | 9.01M | 323K | -8.8M | 141.25M | -110.33M | -44.09M | -27.47M | 0 | -109.17M | 0 |
| Purchase of Investments | -54.79M | -40.99M | -201.66M | -16.51M | -11.16M | -43.13M | -82.68M | -55.84M | -55.22M | -108.05M | -113K | -9.86M | -16.56M | -248.22M | -176.44M | 0 | -15.01M | -260.26M | -10.75M | -2.71M |
| Sale of Investments | 44.36M | 281.18M | 304.67M | 101.17M | 14.64M | 31.95M | 19.69M | 656K | 8.97M | 48.88M | 58.65M | 122.27M | 13.97M | 57.97M | -936K | 52.71M | 68.06M | 33.89M | 30.29M | 50.06M |
| Other Investing | 1.24B | 1.61B | 1.18B | 887.28M | 646.76M | 1.05B | 689.33M | 591.29M | 385.25M | 329.18M | 185.33M | 162.78M | 105.56M | 93.92M | 76.38M | -75.27M | 244.92M | 267.45M | 382.8M | 439.88M |
| Cash from Financing | 3.12B | 1.87B | 1.27B | 1.24B | 1.33B | -160.05M | 1.44B | 1.41B | 575.48M | 987.94M | 450.93M | -240.73M | -51.62M | -74.94M | -401.24M | 226.8M | -27.48M | 1.76B | 1B | 1.15B |
| Dividends Paid | -25.5M | -25.76M | -26.05M | -27.08M | -27.1M | -26.84M | -25.32M | -23.89M | -23.86M | -23.68M | -21.5M | -20.84M | -27.56M | -26.96M | -27.7M | -28.23M | -28.79M | -27.46M | -24.66M | -20.98M |
| Common Dividends | -23.75M | -24M | -24.3M | -25.32M | -25.35M | -25.09M | -23.57M | -22.14M | -22.11M | -21.93M | -19.75M | -19.14M | -27.56M | -26.96M | -27.7M | -28.23M | -28.79M | -27.46M | -24.66M | -20.98M |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K |
| Share Repurchases | -1.12M | -14.76M | -29.56M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -29.64M | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -3.51M | -2.22M | -2.7M | -13.49M | -6.14M | -3.85M | -2.93M | -13.25M | -815K | -6.86M | -2.49M | -4.55M | -1.51M | -5.21M | -2.02M | -17.91M | -3.23M | 7.9M | -4.02M | -1.16M |
| Net Change in Cash | -154.41M | 118.92M | -118.04M | 101.75M | 33.55M | -13.04M | -13.41M | -1.01M | -28.4M | 109.06M | -187.12M | -43.64M | 161.12M | -39.72M | -74.77M | -38.97M | -48.66M | -114.22M | 169.44M | -45.52M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 449.11M | 330.19M | 448.23M | 346.48M | 312.93M | 325.97M | 339.38M | 340.39M | 368.79M | 259.72M | 446.84M | 490.49M | 329.36M | 369.09M | 443.85M | 482.82M | 531.48M | 645.71M | 476.27M | 521.79M |
| Cash at End | 294.7M | 449.11M | 330.19M | 448.23M | 346.48M | 312.93M | 325.97M | 339.38M | 340.39M | 368.79M | 259.72M | 446.84M | 490.49M | 329.36M | 369.09M | 443.85M | 482.82M | 531.48M | 645.71M | 476.27M |
| Free Cash Flow | -4.51B | -3.36B | -2.67B | -2.11B | -1.95B | -853.98M | -2.09B | -1.97B | -954.17M | -1.15B | -891.03M | -78.44M | 102.01M | -9.71M | 361.36M | -199.11M | -291.68M | -1.91B | -1.13B | -1.69B |
| FCF Growth % | -130.86% | -293.52% | -27.76% | -7.49% | -104.63% | 25.63% | -134.38% | -2406.37% | -1035.38% | -11729.05% | -346.58% | 60.61% | 134.97% | 99.49% | 132.03% | 88.19% | 69.81% | -480.91% | -387.23% | -667.61% |
| FCF / Revenue % | -1104.54% | -1594.64% | -814.51% | -971.2% | -634.05% | -2765.58% | -2995.28% | -2914.88% | -1279.92% | -2013.26% | -8283.26% | -181.3% | 238.58% | 45.64% | -16425.27% | 282.45% | -405.89% | -1917.77% | -804.12% | -1162.4% |