Companies: 10,795·Total market cap: $144.5T
Two Harbors Investment Corp.

Two Harbors Investment Corp.

TWONYSEReal Estate● Active
$12.36
+$0.02(+0.16%)
Market Cap$1.3B
P/E Ratio—
52W High$14.17
52W Low$8.78
Overview

Two Harbors Investment Corp. (TWO) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

TWO · net income · updated Jun 9, 2026

Core profitability metrics

Net income was −$454.3M for FY2025 (fiscal year ending 2025-12-31), down 252.4% year-over-year. Net profit margin was -75.0%. Based on available data, Two Harbors Investment Corp. has been profitable since at least 2011.

FY2025 Net Income−$454.3M▼ -252.4% YoY
Trailing 12M (TTM)−$343.0Mtrailing 4 quarters sum
Net Profit Margin-75.0%−$454.3M ÷ $605.6M
YoY Change-252.4%—
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 9, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · TWO net income history · TWO profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025Loss−$454.3M▼ 252.4%-75.0%
FY2024$298.2M▲ +380.3%35.3%
FY2023Loss−$106.4M▼ 148.3%-16.6%
FY2022$220.2M▲ +17.6%1747.1%
FY2021$187.2M▲ +111.5%—

Net income vs peers (Real Estate)

#CompanyNet IncomeYoY
#1
Two Harbors Investment Corp.
Two Harbors Investment Corp.YOU
TWO
−$454.3M-252.4%
#2
Simon Property Group, Inc.
Simon Property Group, Inc.
SPG
$4.61B+94.7%#3
Prologis, Inc.
Prologis, Inc.
PLD
$3.41B-8.6%#4
American Tower Corporation
American Tower Corporation
AMT
$2.53B+12.2%#5
Equinix, Inc.
Equinix, Inc.
EQIX
$1.35B+65.6%#6
Welltower Inc.
Welltower Inc.
WELL
$936.8M-1.6%
Real Estate · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Two Harbors Investment Corp. (TWO) reported net income of −$454.3M for FY2025 (fiscal year ending 2025-12-31), down 252.4% year-over-year. The net profit margin was -75.0% — meaning the company kept $-0.75 of every dollar of revenue as profit.

Based on available data, Two Harbors Investment Corp. has been profitable since at least 2011. Net income reached a peak of $579.0M in FY2013. Data available for 15 fiscal years.

Two Harbors Investment Corp.'s net profit margin was -75.0% for FY2025, based on the latest annual results.

Investors sometimes search for "Two Harbors Investment Corp. net worth" — the company's market capitalization is a separate figure from TWO net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

TWO net income · 4 questions

Two Harbors Investment Corp. is not currently profitable on an annual basis. The company reported a net loss of $454.3M for FY2025.

is TWO profitabledoes TWO make a profitTWO profitabilityTWO profitable company

▸ Source: FMP /income-statement · GAAP · Two Harbors Investment Corp. · Two Harbors Investment Corp. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026