NYSE · RCDReal EstateREITs

Ready Capital Corporation 9.00% Senior Notes due 2029 financials

$23.04−0.26%
Close Sep 28, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
Revenue$615.9M$795.2M
Gross profit$101.7M$98.8M
Gross margin16.5%12.4%
Operating income-$302.6M-$516.5M
Net income-$236.9M-$443.8M
Net margin−38.5%−55.8%
Diluted EPS$-1.44$-2.63
EBITDA-$273.0M-$449.9M
Operating cash flow$432.1M$274.8M
Free cash flow$432.1M$274.8M
Diluted shares167.3M170.5M

Balance sheet

Period endDec 31Dec 31
Cash & equivalents$207.8M$143.8M
Short-term investments$242.4M$231.1M
Total debt$5.94B$7.74B
Total assets$7.77B$10.14B
Total liabilities$6.12B$8.20B
Shareholders' equity$1.65B$1.94B

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