Ready Capital
RC · NYSE
Key indicators
RC profitability and balance sheet ratios
EPS -$0.615 in Q2 FY26, against -$0.3308 a year earlier.
| Period | EPS |
|---|---|
| Q3 FY24 | -$0.0553 |
| Q4 FY24 | -$1.89 |
| Q1 FY25 | $0.474 |
| Q2 FY25 | -$0.3308 |
| Q3 FY25 | -$0.1146 |
| Q4 FY25 | -$1.45 |
| Q1 FY26 | -$1.23 |
| Q2 FY26 | -$0.615 |
Where the money went
Q2 FY26, from revenue to net income
Ready Capital brought in $69.0M of revenue in Q2 FY26, −45.3% on a year earlier. It made a net loss of $103.5M.
- Revenue
- $69.0M
- Costs, expenses and taxes
- $172.5M
- Net income
- −$103.5M
- Net margin
- -150.0%
Income statement
Revenue and profit by reporting period
| Line item | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|
| Revenue | $96.7M | $33.7M | $69.0M |
| Gross profit | −$14.1M | −$63.1M | −$13.8M |
| Operating income | −$264.2M | −$216.8M | −$113.0M |
| Net income | −$236.2M | −$203.7M | −$103.5M |
| Diluted EPS | -$1.43 | -$1.25 | -$0.63 |
Balance sheet
What the company owns and owes at period end
| Line item | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Total assets | $7.8B | $6.3B | $6.3B |
| Total liabilities | $6.2B | $5.0B | $5.0B |
| Shareholder equity | $1.6B | $1.3B | $1.2B |
| Cash and short-term investments | $0.2B | $0.2B | $0.1B |
| Total debt | $5.9B | $4.7B | $4.7B |
Cash flow
Cash in and out from operations, investing and financing
| Line item | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|
| Operating cash flow | −$0.0B | $0.6B | $0.1B |
| Investing cash flow | $0.4B | $0.7B | $0.3B |
| Financing cash flow | −$0.3B | −$1.3B | −$0.4B |
| Capital expenditure | $0.0B | $0.0B | $0.0B |
| Free cash flow | −$0.0B | $0.6B | $0.1B |
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