All currency values in $ millions unless otherwise noted
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| Income Statement | DEC 2025 | DEC 2024 | DEC 2023 | DEC 2022 | DEC 2021 |
|---|---|---|---|---|---|
| Other Operating Expenses | $90 | $76 | $62 | $42 | $29 |
| Total Operating Expenses | $560 | $166 | $115 | $83 | $64 |
| Non-Operating | |||||
| Net Interest Expense | -$79 | -$158 | -$163 | $37 | $79 |
| Other Non-Operating Income (Expense) | -$420 | $7 | -$396 | -$140 | -$206 |
| EBT (Earnings Before Tax) | -$445 | $345 | -$83 | $324 | $191 |
| Income Tax Expense | $9 | $47 | $23 | $104 | $4 |
| Earnings from Continuing Ops | – | – | -$106 | $220 | $187 |
| Net Income | |||||
| Net Income | -$454 | $298 | -$106 | $220 | $187 |
| EPS (Basic) | -$4.88 | $2.41 | -$1.60 | $2.15 | $1.72 |
| EPS (Diluted) | -$4.88 | $2.37 | -$1.60 | $2.13 | $1.72 |
| Weighted Avg Shares (Basic) | 104.1M | 103.6M | 95.7M | 86.2M | 297.8M |
| Weighted Avg Shares (Diluted) | 104.1M | 113.1M | 95.7M | 96.1M | 298.0M |
| Shares Outstanding | 104.1M | 113.1M | 95.7M | 96.1M | 74.5M |
| Dividends Per Share | $1.52 | $1.80 | $1.95 | $2.64 | $2.60 |
Two Harbors Investment (TWO) financials: revenue, profit and margins
Two Harbors Investment (TWO) generated about n/a in revenue and -$343 million in net income over the trailing twelve months. Figures are from SEC filings; this is analysis, not investment advice.
Frequently asked
Is Two Harbors Investment profitable?+
Two Harbors Investment reported about -$343 million in net loss over the trailing twelve months. Net income is the bottom line after all costs, interest and taxes. Compare it to free cash flow on this tab, since reported profit and actual cash generated can diverge.
SourceFinancial statements computed from the 10-Q filed 29 Apr 2026, covering the period ending 31 Mar 2026, as reported to the SEC. Data last refreshed 12 Oct 2026. How this is calculated.
Fiscal year ends Dec.
Peers
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Held by ETFs
TWO is in 15 US ETFs. The largest of them, with TWO's weight in each:
Invesco Variable Rate Preferred ETFVRP0.23%of the fund
Invesco RAFI US 1500 Small-Mid ETFPRFZ0.10%of the fund
Fidelity MSCI Financials Index ETFFNCL0.01%of the fund
Invesco S&P SmallCap 600 Revenue ETFRWJ0.06%of the fund
Global X Russell 2000 ETFRSSL0.04%of the fund
Global X SuperDividend ETFSDIV1.06%of the fund
Spot a number that looks wrong? Check it in TWO's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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