Starwood Property Trust (STWD) Revenue & Revenue Breakdown

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Starwood Property Trust Revenue Highlights

Latest Revenue (Y)

$1.84B

Latest Revenue (Q)

$488.88M

Main Segment (Y)

Commercial And Residential Lending Segment

Main Geography (Y)

Non-US

Starwood Property Trust Revenue by Period

Starwood Property Trust Revenue by Year

Date	Revenue	Change
2025-12-31	$1.84B	-9.64%
2024-12-31	$2.04B	-0.53%
2023-12-31	$2.05B	32.12%
2022-12-31	$1.55B	30.70%
2021-12-31	$1.19B	4.49%
2020-12-31	$1.14B	-13.75%
2019-12-31	$1.32B	18.43%
2018-12-31	$1.11B	26.42%
2017-12-31	$880.59M	11.99%
2016-12-31	$786.29M	3.76%
2015-12-31	$757.80M	6.08%
2014-12-31	$714.39M	20.08%
2013-12-31	$594.94M	79.00%
2012-12-31	$332.37M	47.09%
2011-12-31	$225.97M	115.13%
2010-12-31	$105.04M	1416.33%
2009-12-31	$6.93M	-

Starwood Property Trust generated $1.84B in revenue during NA 2025, up -9.64% compared to the previous quarter, and up 162.18% compared to the same period a year ago.

Starwood Property Trust Revenue by Quarter

Date	Revenue	Change
2025-09-30	$488.88M	2.72%
2025-06-30	$475.94M	-5.58%
2025-03-31	$504.09M	12.44%
2024-12-31	$448.31M	-6.51%
2024-09-30	$479.54M	-2.10%
2024-06-30	$489.83M	-20.36%
2024-03-31	$615.05M	18.73%
2023-12-31	$518.01M	-0.68%
2023-09-30	$521.55M	28.08%
2023-06-30	$407.20M	155.39%
2023-03-31	$159.44M	-36.19%
2022-12-31	$249.86M	-19.48%
2022-09-30	$310.29M	-25.33%
2022-06-30	$415.53M	-12.32%
2022-03-31	$473.90M	127.63%
2021-12-31	$208.19M	-10.63%
2021-09-30	$232.94M	1.31%
2021-06-30	$229.94M	7.41%
2021-03-31	$214.07M	-11.21%
2020-12-31	$241.09M	4.83%
2020-09-30	$229.99M	16.78%
2020-06-30	$196.94M	27.53%
2020-03-31	$154.43M	-54.58%
2019-12-31	$340.00M	50.85%
2019-09-30	$225.39M	13.21%
2019-06-30	$199.08M	2.11%
2019-03-31	$194.96M	-10.67%
2018-12-31	$218.24M	11.11%
2018-09-30	$196.42M	-15.81%
2018-06-30	$233.29M	23.83%
2018-03-31	$188.41M	1.90%
2017-12-31	$184.89M	10.22%
2017-09-30	$167.74M	25.59%
2017-06-30	$133.56M	-6.43%
2017-03-31	$142.74M	-27.27%
2016-12-31	$196.26M	5.18%
2016-09-30	$186.59M	16.56%
2016-06-30	$160.09M	31.47%
2016-03-31	$121.77M	-20.77%
2015-12-31	$153.69M	1.81%
2015-09-30	$150.95M	5.80%
2015-06-30	$142.67M	-31.51%
2015-03-31	$208.32M	21.18%
2014-12-31	$171.91M	-32.83%
2014-09-30	$255.93M	28.01%
2014-06-30	$199.92M	-6.74%
2014-03-31	$214.36M	10.22%
2013-12-31	$194.49M	2.81%
2013-09-30	$189.18M	23.70%
2013-06-30	$152.93M	71.77%
2013-03-31	$89.03M	5.79%
2012-12-31	$84.16M	21.96%
2012-09-30	$69.01M	12.04%
2012-06-30	$61.59M	-11.68%
2012-03-31	$69.74M	28.76%
2011-12-31	$54.16M	97.51%
2011-09-30	$27.42M	-41.77%
2011-06-30	$47.09M	8.85%
2011-03-31	$43.26M	73.22%
2010-12-31	$24.98M	-24.61%
2010-09-30	$33.13M	85.01%
2010-06-30	$17.91M	44.43%
2010-03-31	$12.40M	103.25%
2009-12-31	$6.10M	-

Starwood Property Trust generated $488.88M in revenue during Q3 2025, up 2.72% compared to the previous quarter, and up 99.81% compared to the same period a year ago.

Starwood Property Trust Revenue Breakdown

Starwood Property Trust Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Property Segment	$137.02M	$69.98M	$94.17M	$91.83M	$235.04M
Infrastructure Lending Segment	$276.79M	$260.99M	$239.99M	$154.36M	$87.54M
Commercial And Residential Lending Segment	$1.35B	$1.57B	$1.70B	$1.17B	$779.32M
L N R Business Segments	-	$208.76M	$174.80M	$205.31M	$210.19M

Starwood Property Trust's latest annual revenue breakdown by segment (product or service), as of Dec 25: Commercial And Residential Lending Segment (76.51%), Infrastructure Lending Segment (15.71%), and Property Segment (7.78%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
Property Segment	$57.79M	$46.20M	$16.48M	$16.55M	$32.52M	$16.56M	$20.90M	$23.09M	$23.76M	$23.52M	$23.80M	$23.80M	$22.94M	$22.68M	$22.41M	$37.71M	$66.73M	$65.45M	$65.14M	$64.06M
Commercial And Residential Lending Segment	$335.24M	$343.13M	$343.91M	$325.47M	$750.49M	$385.51M	$430.55M	$426.13M	$436.66M	$430.81M	$410.61M	$376.43M	$314.98M	$251.39M	$225.18M	$207.25M	$197.04M	$184.49M	$190.53M	$196.31M
Infrastructure Lending Segment	$70.26M	$77.72M	$67.18M	$61.63M	$128.62M	$65.44M	$66.93M	$64.36M	$59.25M	$60.06M	$56.31M	$50.85M	$44.35M	$31.36M	$27.80M	$24.11M	$22.17M	$21.80M	$19.46M	$19.25M
L N R Business Segments	-	-	$53.78M	$58.88M	$114.41M	$52.29M	$42.06M	$48.49M	$45.45M	$40.70M	$40.16M	$44.54M	$50.15M	$52.81M	$57.81M	$55.69M	$52.44M	$57.50M	$44.55M	$45.37M

Starwood Property Trust's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Commercial And Residential Lending Segment (72.36%), Infrastructure Lending Segment (15.17%), and Property Segment (12.47%).

Starwood Property Trust Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Non-US	$367.30M	$438.80M	$455.60M	$275.30M	$177.80M

Starwood Property Trust's latest annual revenue breakdown by geography, as of Dec 25: Non-US (100.00%).

Starwood Property Trust Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
DLR	Digital Realty Trust	$6.11B	$1.58B
RITM	Rithm Capital	$4.72B	$314.93M
STWD	Starwood Property Trust	$1.84B	$488.88M
VNO	Vornado Realty Trust	$1.81B	$453.70M
STAG	STAG Industrial	$845.18M	$211.12M
FR	First Industrial Realty Trust	$727.08M	$181.43M
EPRT	Essential Properties Realty Trust	$561.22M	$144.93M
CTRE	CareTrust REIT	$476.39M	$112.47M
TRNO	Terreno Realty	$476.38M	$112.23M
ABR	Arbor Realty Trust	$109.62M	$29.65M

STWD Revenue FAQ

What is Starwood Property Trust’s yearly revenue?

Starwood Property Trust's yearly revenue for 2025 was $1.84B, representing a decrease of -9.64% compared to 2024. The company's yearly revenue for 2024 was $2.04B, representing a decrease of -0.53% compared to 2023. STWD's yearly revenue for 2023 was $2.05B, representing an increase of 32.12% compared to 2022.

What is Starwood Property Trust’s quarterly revenue?

Starwood Property Trust's quarterly revenue for Q3 2025 was $488.88M, a 2.72% increase from the previous quarter (Q2 2025), and a 1.95% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $475.94M, a -5.58% decrease from the previous quarter (Q1 2025), and a -2.83% decrease year-over-year (Q2 2024). STWD's quarterly revenue for Q1 2025 was $504.09M, a 12.44% increase from the previous quarter (Q4 2024), and a -18.04% decrease year-over-year (Q1 2024).

What is Starwood Property Trust’s revenue growth rate?

Starwood Property Trust's revenue growth rate for the last 3 years (2023-2025) was -10.12%, and for the last 5 years (2021-2025) was 55.21%.

What are Starwood Property Trust’s revenue streams?

Starwood Property Trust's revenue streams in c 25 are Property Segment, Infrastructure Lending Segment, and Commercial And Residential Lending Segment. Property Segment generated $137.02M in revenue, accounting 7.78% of the company's total revenue, up 95.79% year-over-year. Infrastructure Lending Segment generated $276.79M in revenue, accounting 15.71% of the company's total revenue, up 6.05% year-over-year. Commercial And Residential Lending Segment generated $1.35B in revenue, accounting 76.51% of the company's total revenue, down -13.97% year-over-year.

What is Starwood Property Trust’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Starwood Property Trust was Commercial And Residential Lending Segment. This segment made a revenue of $1.35B, representing 76.51% of the company's total revenue.