# Starwood Property (STWD) — Earnings

STWD · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/stwd/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.40 |
| EPS estimate | $0.40 |
| EPS surprise | −0.02% |
| Revenue surprise | −1.53% |
| Revenue | $513.7M |
| Revenue estimate | $521.7M |
| Reported | Aug 6, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1465128/000146512826000029/stwd-20260630.htm) |

Starwood Property Trust reported Q2 2026 results on August 6, 2026. Earnings per share of $0.40 matched the $0.40 estimate, with the source recording a 0.02% shortfall. Revenue of $513.7 million came in 1.53% below the $521.7 million consensus. Compared with Q2 2025, EPS slipped about 7% from $0.43, while revenue rose about 16% from $444.3 million.

Annual EPS has drifted lower. It was $2.28 in 2022, $2.05 in 2023, $2.03 in 2024 and $1.70 in 2025, about 25% below the 2022 level. The first half of 2026 totals $0.79, compared with $0.88 a year earlier. Q1 2026, at $0.39, was the lowest quarter in the table, and Q4 2021, at $1.10, the highest. Revenue rose from $294.0 million in Q1 2022 to a high of $523.1 million in Q1 2024 and has run between $489 million and $514 million since Q3 2025. Over the last 20 quarters, Starwood beat the EPS estimate 13 times and fell short seven times.

Q3 results came out between November 6 and November 10 in each of the past five years. That points to early November 2026 for the next report, which will show whether quarterly EPS holds near $0.40.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 6, 2026 | $0.40 | $0.40 | -0.02% | $521.7M | $513.7M |
| Q1 2026 | May 8, 2026 | $0.42 | $0.39 | -8.04% | $496.3M | $512.5M |
| Q4 2025 | Feb 25, 2026 | $0.41 | $0.42 | 1.77% | $486.8M | $492.9M |
| Q3 2025 | Nov 10, 2025 | $0.44 | $0.40 | -9.07% | $479.7M | $488.9M |
| Q2 2025 | Aug 7, 2025 | $0.40 | $0.43 | 8.29% | $465.8M | $444.3M |
| Q1 2025 | May 9, 2025 | $0.45 | $0.45 | 0.07% | $493.0M | $418.2M |
| Q4 2024 | Feb 27, 2025 | $0.46 | $0.48 | 3.34% | $466.4M | $454.4M |
| Q3 2024 | Nov 6, 2024 | $0.47 | $0.48 | 1.80% | $488.6M | $479.5M |
| Q2 2024 | Aug 6, 2024 | $0.49 | $0.48 | -1.30% | $505.2M | $489.8M |
| Q1 2024 | May 8, 2024 | $0.46 | $0.59 | 26.91% | $550.5M | $523.1M |
| Q4 2023 | Feb 22, 2024 | $0.49 | $0.58 | 18.46% | $545.5M | $522.3M |
| Q3 2023 | Nov 8, 2023 | $0.47 | $0.49 | 3.64% | $524.0M | $521.5M |
| Q2 2023 | Aug 3, 2023 | $0.48 | $0.49 | 1.18% | $514.9M | $515.7M |
| Q1 2023 | May 4, 2023 | $0.50 | $0.49 | -1.03% | $512.5M | $490.4M |
| Q4 2022 | Mar 1, 2023 | $0.50 | $0.50 | -0.44% | $366.2M | $454.6M |
| Q3 2022 | Nov 9, 2022 | $0.51 | $0.51 | -0.35% | $305.3M | $390.5M |
| Q2 2022 | Aug 4, 2022 | $0.51 | $0.51 | 0.12% | $261.9M | $325.6M |
| Q1 2022 | May 4, 2022 | $0.52 | $0.76 | 46.41% | $288.9M | $294.0M |
| Q4 2021 | Feb 25, 2022 | $0.52 | $1.10 | 109.76% | $342.8M | $324.8M |
| Q3 2021 | Nov 9, 2021 | $0.51 | $0.52 | 1.44% | $307.8M | $338.4M |

## Frequently Asked Questions

### When did Starwood Property (STWD) last report earnings?

Starwood Property last reported on Aug 6, 2026, covering fiscal Q2 2026.

### Did STWD beat earnings estimates?

No. Starwood Property reported EPS of $0.40 for Q2 2026 against a $0.40 estimate — a 0.02% miss.

### How much revenue did STWD report last quarter?

Starwood Property reported $513.7M in revenue for Q2 2026, against a consensus estimate of $521.7M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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