STARWOOD PROPERTY TRUST financials
$14.36+0.28%
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 | $508.9M | $501.8M | $466.0M | $481.5M | $434.0M | $400.6M | $421.2M | $462.3M | $472.8M | $502.0M | $503.4M | $501.4M |
| Gross profit | $482.6M | $478.7M | $450.6M | $465.5M | $419.5M | $385.7M | $407.6M | $450.2M | $460.8M | $491.7M | $493.5M | $489.6M |
| Gross margin | 94.8% | 95.4% | 96.7% | 96.7% | 96.7% | 96.3% | 96.8% | 97.4% | 97.4% | 97.9% | 98.0% | 97.7% |
| Operating income | $328.7M | $350.8M | $321.8M | $326.9M | $319.6M | $310.4M | $254.7M | $297.6M | $326.0M | $349.4M | $362.6M | $350.2M |
| Net income | $6.6M | $51.9M | $87.7M | $72.6M | $129.8M | $112.3M | $44.4M | $76.1M | $77.9M | $151.8M | $69.5M | $45.9M |
| Net margin | 1.3% | 10.3% | 18.8% | 15.1% | 29.9% | 28.0% | 10.6% | 16.5% | 16.5% | 30.2% | 13.8% | 9.2% |
| Diluted EPS | $0.01 | $0.13 | $0.24 | $0.19 | $0.38 | $0.33 | $0.14 | $0.23 | $0.24 | $0.48 | $0.22 | $0.15 |
| EBITDA | $378.4M | $398.7M | $367.0M | $388.9M | $342.7M | $334.5M | $278.3M | $346.8M | $324.9M | $372.9M | $387.9M | $376.3M |
| Operating cash flow | $170.7M | $93.6M | $488.8M | $337.6M | -$87.4M | $238.9M | $295.6M | $241.8M | $53.3M | $55.9M | $11.9M | $356.4M |
| Free cash flow | -$35.2M | -$55.8M | $283.1M | -$589.5M | -$96.4M | $233.1M | $288.6M | $235.0M | $44.6M | $50.4M | $6.4M | $351.0M |
| Diluted shares | 366.7M | 366.9M | 367.0M | 360.4M | 337.1M | 335.5M | 318.0M | 319.8M | 313.6M | 330.8M | 312.4M | 310.6M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $367.6M | $290.3M | $499.5M | $301.1M | $259.9M | $440.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $23.69B | $23.14B | $22.09B | $21.43B | $19.57B | $18.35B |
| Total assets | $61.05B | $62.09B | $63.18B | $62.43B | $62.37B | $62.16B |
| Total liabilities | $53.86B | $54.74B | $55.69B | $54.86B | $55.20B | $55.01B |
| Shareholders' equity | $6.83B | $6.99B | $7.13B | $7.19B | $6.74B | $6.73B |
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