LADDER CAPITAL financials
$9.03+0.44%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.5M | $28.7M | $28.1M | $30.5M | $28.6M | $27.1M | $28.1M | $31.9M | $26.1M | $27.6M | $25.3M | $26.6M |
| Gross profit | $34.5M | $28.7M | $28.1M | $30.5M | $28.6M | $27.1M | $28.1M | $31.9M | $26.1M | $27.6M | $25.3M | $26.6M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | -$5.3M | -$18.9M | -$40.2M | $5.5M | -$6.0M | -$12.3M | -$44.2M | $4.8M | -$17.3M | -$15.3M | -$46.4M | $367.0K |
| Net income | $14.6M | $2.6M | $16.3M | $19.2M | $17.3M | $11.6M | $32.1M | $27.6M | $32.1M | $16.6M | $19.6M | $31.2M |
| Net margin | 42.3% | 9.1% | 58.1% | 62.8% | 60.6% | 42.7% | 114.3% | 86.4% | 122.9% | 60.2% | 77.5% | 117.4% |
| Diluted EPS | $0.12 | $0.02 | $0.13 | $0.15 | $0.14 | $0.09 | $0.26 | $0.22 | $0.26 | $0.13 | $0.16 | $0.25 |
| EBITDA | $3.6M | -$10.0M | -$31.8M | $13.7M | $1.3M | -$5.0M | -$36.8M | $13.0M | -$8.4M | -$7.4M | -$46.4M | $7.1M |
| Operating cash flow | $39.3M | -$8.0M | $45.4M | $26.3M | $44.0M | -$28.7M | -$60.1M | $169.0M | $45.4M | -$20.4M | $58.4M | $78.4M |
| Free cash flow | $39.3M | -$8.7M | $39.0M | $25.9M | $43.4M | -$29.6M | -$61.8M | $166.0M | $44.9M | -$21.7M | $56.7M | $77.2M |
| Diluted shares | 125.2M | 126.0M | 126.2M | 126.1M | 126.2M | 126.3M | 125.9M | 125.9M | 125.8M | 125.5M | 125.1M | 125.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $37.6M | $33.1M | $38.0M | $49.4M | $134.9M | $479.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $4.00B | $4.03B | $3.51B | $3.00B | $2.78B | $2.77B |
| Total assets | $5.61B | $5.61B | $5.15B | $4.69B | $4.46B | $4.47B |
| Total liabilities | $4.18B | $4.16B | $3.67B | $3.19B | $2.96B | $2.96B |
| Shareholders' equity | $1.43B | $1.44B | $1.48B | $1.49B | $1.50B | $1.51B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology