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

READING INTERNATIONAL INC is the larger business by last-quarter revenue ($50.3M vs $25.9M, roughly 1.9× REDWOOD TRUST INC). REDWOOD TRUST INC runs the higher net margin — 77.2% vs -5.1%, a 82.3% gap on every dollar of revenue. On growth, REDWOOD TRUST INC posted the faster year-over-year revenue change (-6.1% vs -14.2%). Over the past eight quarters, READING INTERNATIONAL INC's revenue compounded faster (5.6% CAGR vs -41.0%).

The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.

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.

RDI vs RWT — Head-to-Head

Bigger by revenue
RDI
RDI
1.9× larger
RDI
$50.3M
$25.9M
RWT
Growing faster (revenue YoY)
RWT
RWT
+8.1% gap
RWT
-6.1%
-14.2%
RDI
Higher net margin
RWT
RWT
82.3% more per $
RWT
77.2%
-5.1%
RDI
Faster 2-yr revenue CAGR
RDI
RDI
Annualised
RDI
5.6%
-41.0%
RWT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RDI
RDI
RWT
RWT
Revenue
$50.3M
$25.9M
Net Profit
$-2.6M
$20.0M
Gross Margin
Operating Margin
-1.9%
Net Margin
-5.1%
77.2%
Revenue YoY
-14.2%
-6.1%
Net Profit YoY
-14.5%
402.6%
EPS (diluted)
$-0.11
$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
RDI
RDI
RWT
RWT
Q4 25
$50.3M
$25.9M
Q3 25
$52.2M
$15.0M
Q2 25
$60.4M
$13.8M
Q1 25
$40.2M
$27.9M
Q4 24
$58.6M
$27.6M
Q3 24
$60.1M
$25.5M
Q2 24
$46.8M
$67.4M
Q1 24
$45.1M
$74.5M
Net Profit
RDI
RDI
RWT
RWT
Q4 25
$-2.6M
$20.0M
Q3 25
$-4.2M
$-7.7M
Q2 25
$-2.7M
$-98.5M
Q1 25
$-4.8M
$16.1M
Q4 24
$-2.2M
$-6.6M
Q3 24
$-7.0M
$14.8M
Q2 24
$-12.8M
$15.5M
Q1 24
$-13.2M
$30.3M
Operating Margin
RDI
RDI
RWT
RWT
Q4 25
-1.9%
Q3 25
-0.6%
-9.0%
Q2 25
4.8%
-679.0%
Q1 25
-17.2%
80.2%
Q4 24
2.6%
-1.3%
Q3 24
-0.6%
86.1%
Q2 24
-16.4%
30.3%
Q1 24
-16.7%
41.3%
Net Margin
RDI
RDI
RWT
RWT
Q4 25
-5.1%
77.2%
Q3 25
-8.0%
-51.4%
Q2 25
-4.4%
-712.0%
Q1 25
-11.8%
57.8%
Q4 24
-3.8%
-24.0%
Q3 24
-11.7%
58.1%
Q2 24
-27.4%
23.0%
Q1 24
-29.4%
40.6%
EPS (diluted)
RDI
RDI
RWT
RWT
Q4 25
$-0.11
$0.11
Q3 25
$-0.18
$-0.08
Q2 25
$-0.12
$-0.76
Q1 25
$-0.21
$0.10
Q4 24
$-0.11
$-0.08
Q3 24
$-0.31
$0.09
Q2 24
$-0.57
$0.10
Q1 24
$-0.59
$0.21

Balance Sheet & Financial Strength

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

Metric
RDI
RDI
RWT
RWT
Cash + ST InvestmentsLiquidity on hand
$10.5M
$255.7M
Total DebtLower is stronger
$185.1M
Stockholders' EquityBook value
$-18.2M
$982.6M
Total Assets
$434.9M
$23.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RDI
RDI
RWT
RWT
Q4 25
$10.5M
$255.7M
Q3 25
$8.1M
$226.3M
Q2 25
$9.1M
$302.0M
Q1 25
$5.9M
$259.9M
Q4 24
$12.4M
$245.2M
Q3 24
$10.1M
$253.7M
Q2 24
$9.3M
$275.6M
Q1 24
$7.5M
$275.4M
Total Debt
RDI
RDI
RWT
RWT
Q4 25
$185.1M
Q3 25
Q2 25
Q1 25
Q4 24
$202.7M
Q3 24
Q2 24
Q1 24
$1.7B
Stockholders' Equity
RDI
RDI
RWT
RWT
Q4 25
$-18.2M
$982.6M
Q3 25
$-12.1M
$999.0M
Q2 25
$-7.7M
$1.1B
Q1 25
$-8.1M
$1.2B
Q4 24
$-4.4M
$1.2B
Q3 24
$1.6M
$1.2B
Q2 24
$6.5M
$1.2B
Q1 24
$18.0M
$1.2B
Total Assets
RDI
RDI
RWT
RWT
Q4 25
$434.9M
$23.7B
Q3 25
$435.2M
$22.6B
Q2 25
$438.1M
$21.3B
Q1 25
$441.0M
$19.9B
Q4 24
$471.0M
$18.3B
Q3 24
$495.7M
$18.4B
Q2 24
$494.9M
$16.5B
Q1 24
$494.9M
$15.1B
Debt / Equity
RDI
RDI
RWT
RWT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
1.39×

Cash Flow & Capital Efficiency

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

Metric
RDI
RDI
RWT
RWT
Operating Cash FlowLast quarter
$4.3M
$-10.1B
Free Cash FlowOCF − Capex
$4.1M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
-504.15×
TTM Free Cash FlowTrailing 4 quarters
$-2.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RDI
RDI
RWT
RWT
Q4 25
$4.3M
$-10.1B
Q3 25
$295.0K
$-2.7B
Q2 25
$1.6M
$-2.1B
Q1 25
$-7.7M
$-2.0B
Q4 24
$8.0M
$-5.9B
Q3 24
$1.3M
$-2.1B
Q2 24
$-10.4M
$-2.0B
Q1 24
$-2.8M
$-954.2M
Free Cash Flow
RDI
RDI
RWT
RWT
Q4 25
$4.1M
Q3 25
$-246.0K
Q2 25
$1.2M
Q1 25
$-8.0M
Q4 24
$7.0M
Q3 24
$-1.1M
Q2 24
$-10.6M
Q1 24
$-4.7M
FCF Margin
RDI
RDI
RWT
RWT
Q4 25
8.2%
Q3 25
-0.5%
Q2 25
1.9%
Q1 25
-19.8%
Q4 24
12.0%
Q3 24
-1.8%
Q2 24
-22.7%
Q1 24
-10.4%
Capex Intensity
RDI
RDI
RWT
RWT
Q4 25
0.3%
Q3 25
1.0%
Q2 25
0.6%
Q1 25
0.6%
Q4 24
1.7%
Q3 24
4.0%
Q2 24
0.5%
Q1 24
4.3%
Cash Conversion
RDI
RDI
RWT
RWT
Q4 25
-504.15×
Q3 25
Q2 25
Q1 25
-120.92×
Q4 24
Q3 24
-140.86×
Q2 24
-126.56×
Q1 24
-31.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RDI
RDI

Cinema Exhibition Segment$46.9M93%
Real Estate Revenue$3.4M7%

RWT
RWT

Segment breakdown not available.

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