Starwood Property Trust, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $513.7M | $512.5M | $492.9M | $488.9M | $444.3M | $418.2M | $454.4M | $479.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $56.7M | $58.3M | $58.1M | $51.5M | $51.1M | $48.1M | $49.4M | $48.1M |
| Operating Income | $21.2M | $53.5M | $131.3M | $93.3M | $135.4M | $119.9M | $68.7M | $420.5M |
| Operating Margin | 4.1% | 10.4% | 26.6% | 19.1% | 30.5% | 28.7% | 15.1% | 87.7% |
| Interest Expense | — | — | — | — | — | — | — | $337.9M |
| Pretax Income | $21.2M | $53.5M | $131.3M | $93.3M | $135.4M | $119.9M | $68.7M | $82.6M |
| Income Tax Expense | $6.2M | $-3.9M | $18.9M | $13.3M | $671.0K | $3.8M | $-2.1M | $10.4M |
| Net Income | $6.6M | $51.9M | $96.9M | $72.6M | $129.8M | $112.3M | $51.6M | $76.1M |
| Net Margin | 1.3% | 10.1% | 19.7% | 14.8% | 29.2% | 26.8% | 11.4% | 15.9% |
| EPS (Basic) | $0.01 | $0.13 | $0.25 | $0.19 | $0.38 | $0.33 | $0.14 | $0.23 |
| EPS (Diluted) | $0.01 | $0.13 | $0.25 | $0.19 | $0.38 | $0.33 | $0.15 | $0.23 |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | 366.7M | 366.9M | 350.0M | 360.4M | 337.1M | 335.5M | 320.6M | 319.8M |
| Dividends Per Share | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 |