15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | — | $149M | — | — | $126M | $736M | $210M |
| 2024 | — | -$62M | — | — | -$11M | $573M | $167M |
| 2023 | — | -$49M | — | — | -$20M | $934M | $187M |
| 2022 | — | -$299M | — | — | -$118M | $542M | $245M |
| 2021 | — | $193M | — | — | $93M | $1.0B | $290M |
| 2020 | — | -$289M | — | — | $111M | $220M | $293M |
| 2019 | — | $174M | — | — | $35M | $224M | $119M |
| 2018 | — | $103M | — | — | $24M | $214M | $104M |
| 2017 | — | $92M | — | — | $29M | $240M | $95M |
| 2016 | — | $68M | — | — | $54M | — | $84M |
| 2015 | — | $78M | — | — | — | — | $62M |
| 2014 | — | $136M | — | — | — | — | $76M |
| 2012 | — | $28M | — | — | — | — | $32M |
| 2011 | — | $5M | — | — | — | — | $17M |
| 2010 | — | $7M | — | — | — | — | $19M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | — | $49M | — | — | — | $669M | $209M |
| Dec '25 | — | $54M | — | — | — | $736M | $210M |
| Sep '25 | — | $45M | — | — | — | $767M | $185M |
| Jun '25 | — | $9M | — | — | — | $653M | $160M |
| Mar '25 | — | $42M | — | — | — | $654M | $177M |
| Dec '24 | — | -$31M | — | — | $26M | $573M | $167M |
| Sep '24 | — | $43M | — | — | -$9M | $699M | $195M |
| Jun '24 | — | -$16M | — | — | -$9M | $801M | $236M |
| Mar '24 | — | -$58M | — | — | -$19M | $1.0B | $227M |
| Dec '23 | — | $42M | — | — | $7M | $934M | $187M |
| Sep '23 | — | -$85M | — | — | $17M | $544M | $228M |
| Jun '23 | — | -$27M | — | — | -$15M | $545M | $232M |
| Mar '23 | — | $21M | — | — | -$30M | $545M | $228M |
| Dec '22 | — | -$38M | — | — | -$4M | $542M | $245M |
| Sep '22 | — | -$115M | — | — | -$18M | $535M | $355M |
| Jun '22 | — | -$72M | — | — | -$30M | $1.4B | $407M |
| Mar '22 | — | -$74M | — | — | -$65M | $1.2B | $304M |
| Dec '21 | — | $36M | — | — | $28M | $1.0B | $290M |
| Sep '21 | — | $52M | — | — | -$7M | $487M | $409M |
| Jun '21 | — | $53M | — | — | $47M | $383M | $325M |
How the market has priced ADAMH against its own fundamentals since 2025-09 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
See the revenue and net-income charts above for ADAMAS TRUST, INC.'s multi-year trend.
As of FY2025, ADAMAS TRUST, INC. reported $736M of total debt against $210M of cash.
In FY2025, gross margin was —, operating margin —, and net margin —.
As of Jun '26, ADAMAS TRUST, INC. traded at a price-to-earnings ratio of about 15.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.