Recent Press Releases & News
STWD earnings at a glance
The options market is pricing a move of about ±4.1% after the report, a range of roughly $12.07 to $13.09 from today's $12.58. Over its last 2 reports the stock rose the next day 1 time and fell 1, moving ±1.2% on average; after the most recent report on May 8, 2026 it moved -1.7%. That means options currently expect more movement than STWD has typically delivered. STWD beat the consensus EPS estimate in 2 of its last 4 reported quarters. Implied volatility is currently 35%. The share price of $12.58 sits near its 52-week low.
Overview
Earnings trends
Earnings history
| Date | Period | Actual EPS | Est | Surprise | YoY %Δ | Day react | Source |
|---|---|---|---|---|---|---|---|
| Tue Jun 30, 2026 | Jun 2026 | $0.01 | — | — | — | — | financials |
| Fri May 8, 2026 | Mar/2026 | $0.35 | $0.40 | -12.5% | -16.7% | -1.7% | earnings |
| Mon Nov 10, 2025 | Sep/2025 | $0.36 | $0.44 | -18.2% | — | — | earnings |
| Thu Aug 7, 2025 | Jun/2025 | $0.41 | $0.40 | +2.5% | — | — | earnings |
| Fri May 9, 2025 | Mar/2025 | $0.42 | $0.40 | +5.0% | — | +0.7% | earnings |
| Mon Sep 30, 2024 | Sep 2024 | $0.23 | — | — | — | — | financials |
| Sun Jun 30, 2024 | Jun 2024 | $0.24 | — | — | — | — | financials |
| Sun Mar 31, 2024 | Mar 2024 | $0.48 | — | — | — | — | financials |
| Sat Sep 30, 2023 | Sep 2023 | $0.15 | — | — | — | — | financials |
| Fri Jun 30, 2023 | Jun 2023 | $0.54 | — | — | — | — | financials |
| Fri Mar 31, 2023 | Mar 2023 | $0.16 | — | — | — | — | financials |
Financials
Income statement (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $514M | $512M | — | $489M | $444M | $418M | — | $480M |
| Cost of revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — |
| Net income | $7M | $52M | — | $73M | $130M | $112M | — | $76M |
| EPS (diluted) | $0.01 | $0.13 | — | $0.19 | $0.38 | $0.33 | — | $0.23 |
Balance sheet (quarterly)
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $368M | $290M | $499M | $301M | $260M | $441M | $378M | $358M |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — |
| Total assets | $61.05B | $62.09B | $63.18B | $62.43B | $62.37B | $62.16B | $62.56B | $64.23B |
| Long-term debt | — | — | — | — | — | — | — | — |
| Total liabilities | $53.86B | $54.74B | $55.69B | $54.86B | $55.20B | $55.01B | $55.36B | $56.95B |
| Total equity | $6.50B | $6.99B | $6.80B | $6.86B | $6.74B | $6.73B | $6.44B | $6.87B |
Implied volatility — last 90 days
Sector peers
STWD earnings FAQ
What is STWD's expected move for earnings?
Options currently price a move of about ±4.1%, or $0.51 per share either way from $12.58.
How does STWD stock usually react to earnings?
Across the last 2 reports the average next-day move was ±1.2%, up 1 times and down 1 times.
What is STWD's implied volatility?
STWD's at-the-money implied volatility is about 35% based on the latest options snapshot.