For the quarter ending 2026-03-31, RWTQ had -$154,411K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 |
|---|---|---|
| Net (loss) income | -5,503 | -70,026 |
| Amortization of premiums, discounts, and debt issuance costs, net | -2,857 | -12,991 |
| Depreciation and amortization of non-financial assets | 2,272 | 10,062 |
| Originations of held-for-sale loans | 407,693 | 1,855,864 |
| Purchases of held-for-sale loans | 6,705,199 | 14,583,332 |
| Proceeds from sales of held-for-sale loans | 2,626,724 | 6,003,722 |
| Principal payments on held-for-sale loans | 56,270 | 264,696 |
| Net settlements of derivatives | -7,338 | 62,933 |
| Non-cash equity award compensation expense and other | 6,215 | 17,167 |
| Market valuation adjustments | 11,656 | 43,016 |
| Realized gains, net | 0 | -608 |
| Other assets | 83,317 | -103,635 |
| Accrued expenses and other liabilities | 18,777 | -18,097 |
| Net cash used in operating activities | -4,507,591 | -10,094,521 |
| Originations and purchases of loan investments | 218,156 | 632,765 |
| Proceeds from sales of loan investments | - | 100,619 |
| Proceeds from sales of loans | 0 | - |
| Principal payments on loan investments | 1,456,771 | 4,663,460 |
| Purchases of hei | 2,612 | 12,967 |
| Repayments on hei | 3,926 | 32,423 |
| Purchases of real estate securities | 54,791 | 257,344 |
| Proceeds from sales of real estate securities | 25,670 | 385,423 |
| Principal payments on real estate securities | 483 | 15,881 |
| Proceeds from sales of hei | - | 262,447 |
| Repayments from servicer advance investments, net | 18,207 | 5,490 |
| Other investing activities, net | 735 | 30,627 |
| Net cash provided by investing activities | 1,228,763 | 4,532,040 |
| Proceeds from issuance of asset-backed securities | 4,811,866 | 8,973,753 |
| Repayments on asset-backed securities issued | 1,720,006 | 4,429,814 |
| Proceeds from borrowings on debt obligations | 6,852,337 | 17,401,458 |
| Repayments on debt obligations | 6,787,171 | 16,061,120 |
| Debt issuance costs paid | 2,572 | 22,191 |
| Taxes paid on equity award distributions | 1,511 | 5,286 |
| Net proceeds from issuance of common stock | 97 | 434 |
| Net proceeds from issuance of preferred stock | - | 0 |
| Net payments on repurchase of common stock | 1,118 | 51,833 |
| Dividends paid on common stock | 23,755 | 98,972 |
| Dividends paid on preferred stock | 1,750 | 7,015 |
| Other financing activities, net | -2,000 | -750 |
| Net cash provided by financing activities | 3,124,417 | 5,698,664 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -154,411 | 136,183 |
| Cash, cash equivalents and restricted cash at beginning of period | 449,110 | 312,927 |
| Cash, cash equivalents and restricted cash at end of period | 294,699 | 449,110 |
REDWOOD TRUST INC (RWTQ)
REDWOOD TRUST INC (RWTQ)