RCD Q4 2025 Earnings — Ready Capital Corporation Notes -15.12.29 Revenue & Financial Results | Market Cap Arena

RCDReady Capital Corporation Notes -15.12.29

$3B

Q4 2025 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$567M+873.4% YoY

Gross Profit

$125M22.1% margin

Operating Income

-$137M-24.1% margin

Net Income

-$234M-41.3% margin

EPS (Diluted)

$-1.43

QoQ Revenue Growth

+2944.9%

Cash Flow

Operating Cash Flow

$63M

Free Cash Flow

$63M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$7.8B

Total Liabilities

$6.0B

Stockholders' Equity

$1.6B

Cash & Equivalents

$248M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$567M	$58M	+873.4%
Gross Profit	$125M	$58M	+115.2%
Operating Income	-$137M	$0	—
Net Income	-$234M	-$316M	+25.9%