Adamas Trust reported a third-quarter 2026 GAAP net loss attributable to the company of $159.1 million, or $1.89 per basic share, as book value per share fell 21.9% to $7.93, which management said was primarily driven by lower valuations of Agency mortgage securities amid rising rates and volatility. Earnings available for distribution rose 25% year over year to $0.30 per share, and the company declared a $0.30 common dividend, up 11.1% from the prior quarter. The mixed results matter to shareholders because the GAAP loss and falling book value weigh against higher distributable earnings and a larger dividend.
GAAP basic loss per share of $1.89; net loss attributable to the company of $159.1 million for the quarter
Earnings available for distribution of $0.30 per share, up 25% year over year; quarterly economic return of (19.00)%
Book value per share of $7.93, down 21.9% quarter over quarter; adjusted book value per share of $8.88, down 19.6%
Common stock dividend raised to $0.30 per share, an 11.1% increase quarter over quarter
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
From Adamas Trust, Inc.'s 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
—
—
$1.10
—
—
FY2024
—
—
$-1.14
—
—
FY2023
—
—
$-0.99
—
—
FY2022
—
—
$-3.61
-339.1%
—
FY2021
—
—
$1.51
—
—
Frequently asked questions
When is Adamas Trust's next earnings date?
Adamas Trust has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Adamas Trust earn last quarter?
For the quarter ended Sep 2026, Adamas Trust reported diluted EPS of $-1.89 (-625.0% year over year).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.