Income Statement - Ready Capital Corp (RC)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 499.47 | 27.35 | 389.94 | 383.33 | 383.37 | 270.14 | 146.11 | 158.26 | 152.82 | 124.94 | 57.98 | 49.68 | 16.25 | 24.45 |
| Cost of revenue | 61.61 | 108.27 | 59.59 | 104.99 | 58.40 | 54.37 | 33.16 | 28.75 | 77.01 | 65.59 | 18.85 | 17.26 | 7.09 | 1.39 |
| Gross profit | 437.87 | 27.35 | 389.94 | 383.33 | 324.97 | 215.77 | 112.95 | 129.52 | 75.81 | 59.35 | 39.13 | 32.42 | 9.16 | 23.06 |
| Total operating expenses | 316.91 | 27.35 | 389.94 | 383.33 | -196.55 | -216.89 | 49.04 | 121.49 | 86.19 | 71.74 | 50.85 | 14.48 | 9.60 | 2.35 |
| Operating income | 120.96 | -412.00 | 223.22 | 242.12 | 186.83 | 53.25 | 62.42 | -121.49 | -51.83 | -0.30 | -31.90 | 5.34 | 9.72 | 3.83 |
| Non-operating income (net) | -423.52 | -104.51 | 135.20 | -67.09 | 2.23 | 1.20 | 2.09 | 184.34 | 99.48 | 65.52 | 34.90 | 23.66 | -2.17 | 16.44 |
| Income before tax | -302.56 | -516.51 | 358.42 | 175.03 | 189.06 | 54.45 | 64.50 | 62.84 | 47.65 | 65.22 | 3.00 | 29.00 | 7.55 | 20.27 |
| Income tax expense | -86.70 | -104.51 | 7.17 | 15.48 | 29.08 | 8.38 | -10.55 | 1.39 | 1.84 | 9.65 | 4.42 | -0.85 | 0.88 | 0.36 |
| Net income | -228.92 | -435.76 | 339.45 | 194.26 | 157.74 | 44.87 | 72.97 | 59.26 | 43.29 | 49.17 | -1.26 | 26.74 | 6.67 | 19.90 |
Show Quarterly Income Statement
Income Statement - Ready Capital Corp (RC)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 45.13 | 123.76 | 18.62 | -12.02 | -74.10 | 58.24 | 61.74 | -25.29 | -67.34 | 60.23 | 101.95 | 96.03 | 79.92 | 91.57 | 138.97 | 108.11 | 132.52 | 121.42 | 131.80 | 113.29 | 106.28 | 69.71 | 114.93 | 129.90 | 22.98 | 63.95 | 37.09 | 34.08 | 22.18 | 26.81 | 43.36 | 43.74 | 45.11 | 40.94 | 38.84 | 37.08 | 42.94 | 47.32 | 22.01 | 21.24 | 17.45 | 10.64 | 11.78 | 19.70 | 15.86 | 9.29 | 3.66 | 28.50 | 6.21 | 11.25 | 6.79 | -5.86 | 4.08 | 4.83 | 8.56 | 4.01 | 6.90 |
| Cost of revenue | 49.03 | 260.84 | 9.77 | 11.04 | 36.18 | 68.83 | 10.10 | 26.18 | 24.08 | 23.68 | 14.37 | 11.24 | 15.45 | 21.13 | 15.40 | 5.76 | 22.46 | 36.53 | 45.99 | 43.05 | 35.47 | 33.75 | 39.15 | 46.77 | 25.70 | 16.66 | 22.18 | 18.07 | 12.82 | 8.31 | 12.58 | 10.49 | 0.17 | 21.57 | 20.37 | 17.39 | 17.67 | 53.57 | 3.11 | 4.11 | 4.80 | 4.66 | 4.71 | 4.73 | 4.75 | 4.45 | 8.09 | 4.42 | 3.90 | 3.09 | 2.33 | 1.16 | 0.51 | 0.34 | 0.38 | 0.38 | 0.29 |
| Gross profit | -3.90 | -137.08 | 8.85 | -23.05 | -74.10 | 58.24 | 61.74 | -25.29 | -67.34 | 60.23 | 101.95 | 96.03 | 79.92 | 70.44 | 138.97 | 108.11 | 132.52 | 121.42 | 131.80 | 113.29 | 106.28 | 35.96 | 114.93 | 129.90 | -2.72 | 63.95 | 14.90 | 16.01 | 9.35 | 18.50 | 30.78 | 33.25 | 44.94 | 19.36 | 18.46 | 19.69 | 25.27 | -6.26 | 18.90 | 17.12 | 12.66 | 5.98 | 7.06 | 14.97 | 11.12 | 4.84 | -4.42 | 24.09 | 2.31 | 8.16 | 4.46 | -7.02 | 3.56 | 4.49 | 8.18 | 3.64 | 6.61 |
| Total operating expenses | 117.02 | 127.11 | 39.68 | 41.45 | -74.10 | 58.24 | 61.74 | -25.29 | -67.34 | 60.23 | 101.95 | 96.03 | 79.92 | -84.97 | 138.97 | 108.11 | 132.52 | 121.42 | 131.80 | 113.29 | 106.28 | -42.80 | 114.93 | 129.90 | -81.37 | 63.95 | 12.87 | 11.87 | 27.13 | 26.15 | 30.96 | 30.76 | 33.86 | 17.00 | 24.14 | 23.14 | 21.90 | 33.13 | 13.86 | 12.96 | 12.01 | 15.16 | 11.90 | 12.76 | 11.03 | 3.73 | -2.51 | 3.23 | 4.10 | 2.72 | 2.97 | 1.82 | 2.10 | 0.36 | 0.50 | 0.69 | 0.81 |
| Operating income | -120.92 | -264.19 | -30.83 | -64.50 | 82.41 | -168.01 | -25.18 | 26.58 | -17.64 | 231.73 | 249.87 | 254.02 | -127.64 | 151.68 | 180.48 | 73.62 | 81.34 | 60.08 | 52.32 | 30.46 | 36.97 | 26.91 | 34.56 | 39.35 | -58.39 | 18.48 | 9.46 | 8.01 | 37.59 | 38.49 | 31.94 | 29.88 | 28.51 | -15.87 | -15.06 | -11.45 | -16.42 | 40.09 | -14.89 | -15.03 | -10.47 | -7.86 | -7.92 | -8.90 | -7.22 | -2.42 | 1.15 | 3.18 | 1.49 | 2.97 | 2.98 | 2.96 | 0.82 | -0.23 | 1.30 | 1.21 | 1.66 |
| Non-operating income (net) | -95.84 | 0.00 | 3.95 | -24.19 | -5.21 | -146.83 | 9.31 | -106.59 | -88.16 | -220.40 | -203.54 | -7.30 | 167.05 | -141.21 | -109.45 | -4.34 | 0.78 | 0.37 | 0.76 | 7.44 | 0.66 | 4.92 | 7.36 | 0.81 | -1.06 | 0.51 | 0.32 | 0.28 | -10.14 | -31.74 | -13.48 | -13.33 | -7.43 | 28.68 | 27.10 | 23.67 | 27.01 | -5.88 | 20.87 | 13.97 | 5.49 | 7.93 | 0.96 | 18.51 | 7.49 | 1.79 | 0.13 | 22.69 | 0.99 | 6.03 | 1.17 | -10.53 | 1.16 | 2.88 | 6.76 | 2.11 | 4.57 |
| Income before tax | -216.76 | -264.19 | -26.88 | -88.69 | 77.20 | -314.84 | -15.88 | -80.01 | -105.79 | 11.33 | 46.33 | 246.73 | 39.41 | 10.47 | 71.03 | 69.28 | 82.11 | 60.46 | 53.08 | 37.90 | 37.63 | 31.83 | 41.92 | 40.16 | -59.45 | 18.99 | 9.78 | 8.29 | 27.45 | 6.75 | 18.46 | 16.55 | 21.08 | 12.81 | 12.03 | 12.22 | 10.59 | 34.21 | 5.98 | -1.07 | -4.98 | 0.08 | -6.96 | 9.61 | 0.27 | -0.63 | 1.28 | 25.87 | 2.48 | 9.00 | 4.15 | -7.57 | 1.97 | 2.65 | 8.06 | 3.33 | 6.23 |
| Income tax expense | -16.67 | -31.62 | -9.94 | -39.94 | -5.21 | -17.32 | -8.40 | -48.58 | -30.21 | -2.39 | 2.81 | 2.19 | 0.90 | -3.21 | 4.78 | 10.32 | 17.85 | 6.87 | 6.54 | 7.00 | 8.68 | 4.92 | 6.55 | 5.50 | -7.94 | -1.95 | -2.65 | -2.96 | -3.00 | -2.74 | 0.90 | 0.67 | 2.56 | 0.08 | -0.34 | 1.07 | 1.03 | 6.33 | 1.80 | 0.06 | -1.60 | 1.91 | -0.25 | 2.90 | -0.15 | -0.85 | 0.13 | 2.70 | 0.26 | 0.94 | 0.43 | -0.79 | 0.30 | 0.36 | 0.00 | 0.00 | 0.00 |
| Net income | -201.73 | -234.18 | -18.75 | -55.49 | 79.51 | -316.14 | -9.31 | -36.02 | -74.28 | 9.76 | 45.66 | 248.88 | 35.14 | 11.45 | 63.23 | 56.09 | 63.49 | 53.22 | 45.78 | 30.46 | 28.29 | 26.91 | 34.56 | 33.85 | -50.45 | 20.43 | 12.10 | 10.97 | 29.47 | 9.12 | 16.88 | 15.30 | 17.79 | 12.10 | 11.84 | 10.50 | 8.86 | 24.05 | 4.11 | -1.04 | -3.04 | -1.65 | -6.04 | 6.05 | 0.37 | 0.19 | 1.15 | 23.17 | 2.22 | 8.06 | 3.72 | -6.78 | 1.66 | 2.28 | 8.05 | 3.32 | 6.23 |