---
schema_version: "secwatch.filing_event.v1"
accession: "0001465128-26-000017"
form_type: "8-K"
ticker: "STWD"
cik: "0001465128"
company_name: "STARWOOD PROPERTY TRUST, INC."
filed_at: "2026-05-08T23:59:59+00:00"
generated_at: "2026-05-14T21:03:17.239214+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Starwood Property Trust Q1: GAAP net income $51.9M, DE $147.3M; $4B invested YTD

## Summary
- GAAP net income $51.9M ($0.13 diluted EPS); Distributable Earnings $147.3M ($0.39 per diluted share).
- Invested $2.5B in Q1 and $1.5B after quarter end for $4.0B YTD across real estate and infrastructure credit.
- Dividend maintained at $0.48 per share; Q1 DE of $0.39 per share implies payout ratio above 100%.
- Completed seventh infrastructure CLO at record tight credit spread; refinanced ABS at lower cost post-quarter.

## SEC filing metadata
- accession: 0001465128-26-000017
- form_type: 8-K
- ticker: STWD
- cik: 0001465128
- company_name: STARWOOD PROPERTY TRUST, INC.
- filed_at: 2026-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1465128/000146512826000017/0001465128-26-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1465128/000146512826000017/stwd-20260508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001465128-26-000017
- JSON: https://secwatch.observer/filing/0001465128-26-000017.json
- Plain text: https://secwatch.observer/filing/0001465128-26-000017.txt

## Source-grounded claims
- claim_id: cdb8b79ba42a3ab312b6eedd09b1b43c1b7e561c
  claim: STARWOOD PROPERTY TRUST, INC. reported quarter ended March 31, 2026 results: net income GAAP net income of $51.9 million, EPS Quarterly GAAP Earnings of $0.13.
  evidence_excerpt: Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended March 31, 2026. The Company delivered first quarter GAAP net income of $51.9 million, and Distributable Earnings (a non-GAAP financial measure) was $147.3 million. “In a period of broad global volatility, we believe real estate and infrastructure credit is an
  evidence_url: https://www.sec.gov/Archives/edgar/data/1465128/000146512826000017/0001465128-26-000017-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.