Filing Flows › Redwood Mortgage Investors IX (RWDMU) › Q4 2025
Redwood Mortgage Investors IX (RWDMU) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Apr 14, 2026
Redwood Mortgage Investors IX (RWDMU) reported revenue of $1.9M for the fourth quarter 2025 (Q4 2025), +23% from a year earlier and +80% from the quarter before. Operating margin was 52.7%, net earnings $1.0M (52.7% of revenue).
Redwood Mortgage Investors IX, Q4 2025: revenue $1.9M (+23% year over year), operating margin 52.7%, net earnings $1.0M, operating cash flow $1.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9M | +80% | +23% |
| Operating profit | $1.0M | +200% | +27% |
| Net earnings | $1.0M | +200% | +27% |
| Operating cash flow | $1.1M | +253% | +8% |
What changed
Revenue was $1.9M in Q4 2025, up 23% year over year and up 80% from the previous quarter.
Operating profit was $1.0M, a 52.7% margin (up 1.9 points year over year). Of the extra revenue versus Q4 2024, 61% reached operating profit, above the 51% margin then. Total costs grew 18% against revenue growth of 23%. Net earnings were $1.0M, up 27% year over year. The effective tax rate was 0.0%.
Operating cash flow was $1.1M (up 8% year over year), 106% of net earnings. Working capital and other items added $57K.
Questions
What was Redwood Mortgage Investors IX's revenue in the fourth quarter 2025?
Redwood Mortgage Investors IX (RWDMU) reported revenue of $1.9M for the fourth quarter 2025 (Q4 2025), +23% from a year earlier and +80% from the quarter before.
Was Redwood Mortgage Investors IX profitable in the fourth quarter 2025?
Operating profit was $1.0M (52.7% of revenue) and net earnings $1.0M.