REDWOOD TRUST INC (RWTP)
REDWOOD TRUST INC (RWTP)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net (loss) income | -5,503 | 20,023 | -7,704 | -82,345 |
| Amortization of premiums, discounts, and debt issuance costs, net | -2,857 | -4,161 | -3,158 | -5,672 |
| Depreciation and amortization of non-financial assets | 2,272 | 2,273 | 2,329 | 5,460 |
| Originations of held-for-sale loans | 407,693 | 454,342 | 555,187 | 846,335 |
| Purchases of held-for-sale loans | 6,705,199 | 5,457,336 | 3,915,626 | 5,210,370 |
| Proceeds from sales of held-for-sale loans | 2,626,724 | 2,438,046 | 1,660,448 | 1,905,228 |
| Principal payments on held-for-sale loans | 56,270 | 112,617 | 92,571 | 59,508 |
| Net settlements of derivatives | -7,338 | -38,760 | 118,546 | -16,853 |
| Non-cash equity award compensation expense and other | 6,215 | 2,363 | 5,071 | 9,733 |
| Market valuation adjustments | 11,656 | 51,422 | 24,459 | -32,865 |
| Realized gains, net | 0 | -1,767 | -47 | 1,206 |
| Other assets | 83,317 | -62,825 | -83,091 | 42,281 |
| Accrued expenses and other liabilities | 18,777 | -2,851 | -130,422 | 115,176 |
| Net cash used in operating activities | -4,507,591 | -3,360,636 | -2,668,137 | -4,065,748 |
| Originations and purchases of loan investments | 218,156 | 204,843 | 168,947 | 258,975 |
| Proceeds from sales of loan investments | NaN | 100,619 | NaN | NaN |
| Proceeds from sales of loans | -100,619 | NaN | 9,415 | 91,204 |
| Principal payments on loan investments | 1,456,771 | 1,617,690 | 1,341,867 | 1,703,903 |
| Purchases of hei | 2,612 | 3,981 | 2,926 | 6,060 |
| Repayments on hei | 3,926 | 5,627 | 5,085 | 21,711 |
| Proceeds from sales of hei | NaN | 0 | 262,447 | NaN |
| Purchases of real estate securities | 54,791 | 28,019 | 207,238 | 22,087 |
| Proceeds from sales of real estate securities | 25,670 | 251,206 | 18,936 | 115,281 |
| Principal payments on real estate securities | 483 | 125 | 15,219 | 537 |
| Repayments from servicer advance investments, net | 18,207 | -2,576 | 13,649 | -5,583 |
| Other investing activities, net | 735 | 24,632 | 3,898 | 2,097 |
| Net cash provided by investing activities | 1,228,763 | 1,610,597 | 1,283,609 | 1,637,834 |
| Proceeds from borrowings on debt obligations | NaN | NaN | 4,419,263 | 6,815,713 |
| Repayments on debt obligations | NaN | NaN | 3,808,397 | 6,534,950 |
| Proceeds from issuance of asset-backed securities | 4,811,866 | 3,065,629 | 2,138,046 | 3,770,078 |
| Repayments on asset-backed securities issued | 1,720,006 | 1,591,489 | 1,424,269 | 1,414,056 |
| Proceeds from borrowings on debt obligations | 6,852,337 | 17,401,458 | NaN | NaN |
| Repayments on debt obligations | 6,787,171 | 16,061,120 | NaN | NaN |
| Debt issuance costs paid | 2,572 | 11,187 | 2,514 | 8,490 |
| Taxes paid on equity award distributions | 1,511 | 2,221 | 190 | 2,875 |
| Net proceeds from issuance of common stock | 97 | 41 | 155 | 238 |
| Net proceeds from issuance of preferred stock | NaN | 0 | NaN | NaN |
| Net payments on repurchase of common stock | 1,118 | 14,763 | 29,557 | 7,513 |
| Dividends paid on common stock | 23,755 | 24,001 | 24,296 | 50,675 |
| Dividends paid on preferred stock | 1,750 | 1,758 | 1,750 | 3,507 |
| Other financing activities, net | -2,000 | 0 | 0 | -750 |
| Net cash provided by financing activities | 3,124,417 | 1,868,960 | 1,266,491 | 2,563,213 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -154,411 | 118,921 | -118,037 | 135,299 |
| Cash, cash equivalents and restricted cash at beginning of period | 449,110 | 330,189 | 312,927 | NaN |
| Cash, cash equivalents and restricted cash at end of period | 294,699 | 449,110 | 330,189 | NaN |