Short answer

Ready Capital Corp (RC) filed its Q2 2026 10-Q quarterly report on Aug 7, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $77M (down 49.3% year over year) with net income of −$104M.

Q2 2026 key financials · XBRL

Revenue: $77M; −49.3% YoY · −5.3% QoQ
Net income: −$104M; −80.1% YoY · +49.2% QoQ
EPS (diluted): −$0.62; −82.4% YoY · +50.4% QoQ

Source: XBRL data from the Ready Capital Corp (RC) Q2 2026 10-Q on SEC EDGAR. USD.

Ready Capital Corp Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

Net income from continuing operations $(99.7)M vs $(48.8)M YoY; EPS $(0.63) vs $(0.31)
Interest income $77.4M vs $152.7M YoY, down $75.3M
LMM interest income $53.9M vs $122.3M; Small Business Lending $23.5M vs $30.5M
Cash and equivalents $124.1M, down $83.7M or 40.3% from December 31, 2025
Outlook headwinds: market volatility, trade-policy uncertainty, geopolitical tensions, inflation, and uncertain rate decreases

Risk Factors

No material risk-factor changes provided versus the prior 10-K
Share repurchase authorization $150.0 million, with $82,770,332 remaining
Repurchases subject to SEC rules, including Rule 10b5-1 and Rule 10b-18 compliance
Unidentified or currently immaterial risks could materially harm business, financial condition, or operating results

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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Ready Capital Corp (RC) Q2 2026 10-Q Quarterly Report