For the quarter ending 2026-03-31, RWTN had -$154,411K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net (loss) income | -5,503 | 20,023 | -90,049 |
| Amortization of premiums, discounts, and debt issuance costs, net | -2,857 | -4,161 | -8,830 |
| Depreciation and amortization of non-financial assets | 2,272 | 2,273 | 7,789 |
| Originations of held-for-sale loans | 407,693 | 454,342 | 1,401,522 |
| Purchases of held-for-sale loans | 6,705,199 | 5,457,336 | 9,125,996 |
| Proceeds from sales of held-for-sale loans | 2,626,724 | 2,438,046 | 3,565,676 |
| Principal payments on held-for-sale loans | 56,270 | 112,617 | 152,079 |
| Net settlements of derivatives | -7,338 | -38,760 | 101,693 |
| Non-cash equity award compensation expense and other | 6,215 | 2,363 | 14,804 |
| Market valuation adjustments | 11,656 | 51,422 | -8,406 |
| Realized gains, net | 0 | -1,767 | 1,159 |
| Other assets | 83,317 | -62,825 | -40,810 |
| Accrued expenses and other liabilities | 18,777 | -2,851 | -15,246 |
| Net cash used in operating activities | -4,507,591 | -3,360,636 | -6,733,885 |
| Originations and purchases of loan investments | 218,156 | 204,843 | 427,922 |
| Proceeds from sales of loan investments | - | 100,619 | - |
| Proceeds from sales of loans | -100,619 | - | 100,619 |
| Principal payments on loan investments | 1,456,771 | 1,617,690 | 3,045,770 |
| Purchases of hei | 2,612 | 3,981 | 8,986 |
| Repayments on hei | 3,926 | 5,627 | 26,796 |
| Proceeds from sales of hei | - | 0 | 262,447 |
| Purchases of real estate securities | 54,791 | 28,019 | 229,325 |
| Proceeds from sales of real estate securities | 25,670 | 251,206 | 134,217 |
| Principal payments on real estate securities | 483 | 125 | 15,756 |
| Repayments from servicer advance investments, net | 18,207 | -2,576 | 8,066 |
| Other investing activities, net | 735 | 24,632 | 5,995 |
| Net cash provided by investing activities | 1,228,763 | 1,610,597 | 2,921,443 |
| Proceeds from issuance of asset-backed securities | 4,811,866 | 3,065,629 | 5,908,124 |
| Repayments on asset-backed securities issued | 1,720,006 | 1,591,489 | 2,838,325 |
| Proceeds from borrowings on debt obligations | 6,852,337 | 6,166,482 | 11,234,976 |
| Repayments on debt obligations | 6,787,171 | 5,717,773 | 10,343,347 |
| Debt issuance costs paid | 2,572 | 11,187 | 11,004 |
| Taxes paid on equity award distributions | 1,511 | 2,221 | 3,065 |
| Net proceeds from issuance of common stock | 97 | 41 | 393 |
| Net proceeds from issuance of preferred stock | - | 0 | - |
| Net payments on repurchase of common stock | 1,118 | 14,763 | 37,070 |
| Dividends paid on common stock | 23,755 | 24,001 | 74,971 |
| Dividends paid on preferred stock | 1,750 | 1,758 | 5,257 |
| Other financing activities, net | -2,000 | 0 | -750 |
| Net cash provided by financing activities | 3,124,417 | 1,868,960 | 3,829,704 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -154,411 | 118,921 | 17,262 |
| Cash, cash equivalents and restricted cash at beginning of period | 449,110 | 330,189 | 312,927 |
| Cash, cash equivalents and restricted cash at end of period | 294,699 | 449,110 | 330,189 |