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Side-by-side financial comparison of AMREP CORP. (AXR) and REDWOOD TRUST INC (RWT). Click either name above to swap in a different company.

REDWOOD TRUST INC is the larger business by last-quarter revenue ($25.9M vs $14.6M, roughly 1.8× AMREP CORP.). REDWOOD TRUST INC runs the higher net margin — 77.2% vs 21.6%, a 55.6% gap on every dollar of revenue. On growth, AMREP CORP. posted the faster year-over-year revenue change (93.8% vs -6.1%). Over the past eight quarters, AMREP CORP.'s revenue compounded faster (-13.6% CAGR vs -41.0%).

AMREP Corporation is a real estate and media services company based in Princeton, New Jersey, in the United States. It was founded in 1961 as The American Realty and Petroleum Corporation.

Redwood Trust Inc is a specialized U.S.-headquartered real estate investment trust (REIT). It manages investment portfolios covering residential and commercial mortgage loans, mortgage-backed securities, and real estate credit assets. Its core segments include residential mortgage lending, commercial real estate credit, and investment management, serving institutional investors and real estate market stakeholders.

AXR vs RWT — Head-to-Head

Bigger by revenue
RWT
RWT
1.8× larger
RWT
$25.9M
$14.6M
AXR
Growing faster (revenue YoY)
AXR
AXR
+99.9% gap
AXR
93.8%
-6.1%
RWT
Higher net margin
RWT
RWT
55.6% more per $
RWT
77.2%
21.6%
AXR
Faster 2-yr revenue CAGR
AXR
AXR
Annualised
AXR
-13.6%
-41.0%
RWT

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
AXR
AXR
RWT
RWT
Revenue
$14.6M
$25.9M
Net Profit
$3.1M
$20.0M
Gross Margin
Operating Margin
20.6%
Net Margin
21.6%
77.2%
Revenue YoY
93.8%
-6.1%
Net Profit YoY
338.9%
402.6%
EPS (diluted)
$0.58
$0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AXR
AXR
RWT
RWT
Q1 26
$14.6M
Q4 25
$9.4M
$25.9M
Q3 25
$17.9M
$15.0M
Q2 25
$11.2M
$13.8M
Q1 25
$7.5M
$27.9M
Q4 24
$11.9M
$27.6M
Q3 24
$19.1M
$25.5M
Q2 24
$19.5M
$67.4M
Net Profit
AXR
AXR
RWT
RWT
Q1 26
$3.1M
Q4 25
$1.2M
$20.0M
Q3 25
$4.7M
$-7.7M
Q2 25
$3.9M
$-98.5M
Q1 25
$717.0K
$16.1M
Q4 24
$4.0M
$-6.6M
Q3 24
$4.1M
$14.8M
Q2 24
$4.1M
$15.5M
Operating Margin
AXR
AXR
RWT
RWT
Q1 26
20.6%
Q4 25
11.9%
Q3 25
34.4%
-9.0%
Q2 25
31.7%
-679.0%
Q1 25
5.7%
80.2%
Q4 24
26.4%
-1.3%
Q3 24
26.1%
86.1%
Q2 24
23.9%
30.3%
Net Margin
AXR
AXR
RWT
RWT
Q1 26
21.6%
Q4 25
12.8%
77.2%
Q3 25
26.3%
-51.4%
Q2 25
34.8%
-712.0%
Q1 25
9.5%
57.8%
Q4 24
33.9%
-24.0%
Q3 24
21.3%
58.1%
Q2 24
21.2%
23.0%
EPS (diluted)
AXR
AXR
RWT
RWT
Q1 26
$0.58
Q4 25
$0.22
$0.11
Q3 25
$0.87
$-0.08
Q2 25
$0.73
$-0.76
Q1 25
$0.13
$0.10
Q4 24
$0.75
$-0.08
Q3 24
$0.76
$0.09
Q2 24
$0.77
$0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AXR
AXR
RWT
RWT
Cash + ST InvestmentsLiquidity on hand
$50.0M
$255.7M
Total DebtLower is stronger
$21.0K
Stockholders' EquityBook value
$139.4M
$982.6M
Total Assets
$143.9M
$23.7B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXR
AXR
RWT
RWT
Q1 26
$50.0M
Q4 25
$44.6M
$255.7M
Q3 25
$48.9M
$226.3M
Q2 25
$39.5M
$302.0M
Q1 25
$36.9M
$259.9M
Q4 24
$40.1M
$245.2M
Q3 24
$40.4M
$253.7M
Q2 24
$29.7M
$275.6M
Total Debt
AXR
AXR
RWT
RWT
Q1 26
$21.0K
Q4 25
$23.0K
Q3 25
$25.0K
Q2 25
$26.0K
Q1 25
$29.0K
Q4 24
$32.0K
Q3 24
$34.0K
Q2 24
$35.0K
Stockholders' Equity
AXR
AXR
RWT
RWT
Q1 26
$139.4M
Q4 25
$136.0M
$982.6M
Q3 25
$134.7M
$999.0M
Q2 25
$130.0M
$1.1B
Q1 25
$126.0M
$1.2B
Q4 24
$125.1M
$1.2B
Q3 24
$122.2M
$1.2B
Q2 24
$118.0M
$1.2B
Total Assets
AXR
AXR
RWT
RWT
Q1 26
$143.9M
Q4 25
$140.1M
$23.7B
Q3 25
$140.7M
$22.6B
Q2 25
$133.8M
$21.3B
Q1 25
$128.9M
$19.9B
Q4 24
$129.1M
$18.3B
Q3 24
$127.0M
$18.4B
Q2 24
$122.8M
$16.5B
Debt / Equity
AXR
AXR
RWT
RWT
Q1 26
0.00×
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AXR
AXR
RWT
RWT
Operating Cash FlowLast quarter
$5.4M
$-10.1B
Free Cash FlowOCF − Capex
$5.4M
FCF MarginFCF / Revenue
37.0%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.72×
-504.15×
TTM Free Cash FlowTrailing 4 quarters
$20.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXR
AXR
RWT
RWT
Q1 26
$5.4M
Q4 25
$-4.3M
$-10.1B
Q3 25
$9.5M
$-2.7B
Q2 25
$10.2M
$-2.1B
Q1 25
$-3.2M
$-2.0B
Q4 24
$-182.0K
$-5.9B
Q3 24
$10.7M
$-2.1B
Q2 24
$10.7M
$-2.0B
Free Cash Flow
AXR
AXR
RWT
RWT
Q1 26
$5.4M
Q4 25
$-4.3M
Q3 25
$9.5M
Q2 25
$9.7M
Q1 25
$-3.3M
Q4 24
$-268.0K
Q3 24
$10.7M
Q2 24
$10.3M
FCF Margin
AXR
AXR
RWT
RWT
Q1 26
37.0%
Q4 25
-45.9%
Q3 25
53.2%
Q2 25
86.4%
Q1 25
-43.4%
Q4 24
-2.3%
Q3 24
55.8%
Q2 24
52.5%
Capex Intensity
AXR
AXR
RWT
RWT
Q1 26
0.1%
Q4 25
0.6%
Q3 25
0.1%
Q2 25
5.2%
Q1 25
0.3%
Q4 24
0.7%
Q3 24
0.2%
Q2 24
2.3%
Cash Conversion
AXR
AXR
RWT
RWT
Q1 26
1.72×
Q4 25
-3.54×
-504.15×
Q3 25
2.03×
Q2 25
2.63×
Q1 25
-4.51×
-120.92×
Q4 24
-0.05×
Q3 24
2.63×
-140.86×
Q2 24
2.59×
-126.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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