The Tip Desk

ADAMAS TRUST, INC.

Financial highlights

Amounts in millions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Operating income$137.8-$92.9-$77.7-$340.1$190.9
Net income$149.0-$62.0-$48.7-$298.6$193.2
Cash Flow Statement
Free cash flow$125.9-$10.6-$20.5-$117.6$92.9
Dividends$75.5$74.9$128.8$151.8$151.6
Share repurchases$1.5$3.5$8.6$44.4$0.0

Shares outstanding 89.9M · Free float 90.8%

Annual filing data through FY ended December 31, 2025; float as of October 10, 2026.

Earnings

Other Coverage