What is Lument Finance Trust, Inc.'s earnings per share (EPS)?

Lument Finance Trust, Inc. (LFT) reported diluted earnings per share of -$0.14 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Lument Finance Trust, Inc. (LFT) Financials

LFT

FY2025 annual

Revenue Not reported for FY2025

Net Income -$2.7M -112.1% YoY

EPS (Diluted) -$0.14 YoY not available

Operating Cash Flow $10.1M -62.8% YoY

Market Cap $22.3M as of Oct 23, 2026

Price / Sales n/m no revenue reported

Price / Earnings n/m net loss, so no earnings multiple, FY2025

Price / Book 0.1x on $204.7M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 13, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LFT SEC filings page.

This page shows Lument Finance Trust, Inc. (LFT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI LFT FY2025 2026-10-25

The trust’s results are driven by portfolio and financing movements: FY2025 shifted from profit to loss while leverage remained central.

The move from FY2024 profit of $22.6M to a FY2025 loss of $2.7M coincided with weaker cash generation. Operating cash flow fell 62.8% to $10.1M, so the earnings reversal was accompanied by less cash creation rather than being solely an accounting swing.

This is a balance-sheet business: FY2025 assets were $1.2B, with liabilities equal to 82.0% of assets and liabilities-to-equity at 4.6x. Equity is therefore a smaller funding base, making changes in asset values more consequential than sales trends, which are not reported.

Balance-sheet scale changed sharply rather than following a steady operating trajectory: assets fell 22.0% in FY2024 before rising 7.7% in FY2025. During that rebound, liabilities rose 11.9% while equity fell 7.9%; meanwhile, FY2025 dividends of $18.3M exceeded operating cash flow, linking distributions to financing and portfolio activity rather than current-year cash generation alone.

Financial Health Signals

Financial health score not available

Lument Finance Trust, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

2/5

Lument Finance Trust, Inc. passes 2 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Mixed

N/A

Lument Finance Trust, Inc. reported a net loss of $2.7M while generating $10.1M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Key Financial Metrics

Export CSV

Earnings & Revenue

Net Income

-$8.0M

YoY-317.1%

QoQ-3978.8%

Lument Finance Trust, Inc. reported a net loss of $8.0M in Q2 2026. This represents a decrease of 317.1% from the same quarter a year earlier. Against the prior quarter it is down 3978.8%.

EPS (Diluted)

-$0.18

QoQn/m

Lument Finance Trust, Inc. earned -$0.18 per diluted share (EPS) in Q2 2026. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Revenue

Not reported for Q2 2026.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

$29.0M

YoY-51.2%

QoQ+36.4%

5Y CAGR+14.7%

10Y CAGR+1.3%

Lument Finance Trust, Inc. held $29.0M in cash as of Q2 2026; no long-term debt figure is on record for that period.

Dividends Per Share

$0.04

QoQ0.0%

Lument Finance Trust, Inc. paid $0.04 per share in dividends in Q2 2026. It is unchanged from the prior quarter.

Shares Outstanding

52M

QoQ+0.1%

Lument Finance Trust, Inc. had 52M shares outstanding in Q2 2026. Against the prior quarter it is up 0.1%.

Free Cash Flow

Not reported for Q2 2026.

Margins & Returns

Return on Equity

-3.9%

YoY-5.5pp

QoQ-4.0pp

Lument Finance Trust, Inc.'s quarterly ROE was -3.9% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 5.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.0 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Net Margin

Not reported for Q2 2026.

Capital Allocation

None of these metrics is reported for Q2 2026.

LFT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LFT quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
SG&A Expenses	N/A	$3.9M-10.2%	$4.4M+21.5%	$3.6M+4.4%	$3.5M+20.4%	$2.9M-18.2%	$3.5M-18.8%	$4.3M+8.2%	$4.0M-26.5%	$5.5M-7.0%	$5.9M-11.9%	$6.7M+129.6%	$2.9M+192.4%	$992K
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$19.7M-61.8%	$51.4M-6.4%	$54.9M-11.6%	$62.2M+220.4%	$19.4Mn/m	$0
Income Tax	N/A	$8K-56.4%	$19K+228.6%	$6K-48.4%	$11K-85.8%	$78Kn/m	-$476Kn/m	-$44K-102.9%	$1.5Mn/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Net Income	N/A	-$2.7M-112.1%	$22.6M+14.9%	$19.7M+99.9%	$9.9M-6.3%	$10.5M+24.6%	$8.4M+35.2%	$6.2Mn/m	-$5.5M-216.2%	$4.7Mn/m	-$10.4M-2414.6%	$450K-86.4%	$3.3M+2.7%	$3.2M
EPS (Basic)	N/A	-$0.14	$0.34+17.2%	$0.29+163.6%	$0.11	$0.30	$0.34	$0.11	-$0.38	$0.06	-$0.95n/m	-$0.21-800.0%	$0.03-94.2%	$0.52
EPS (Diluted)	-$0.36	-$0.14	$0.34+17.2%	$0.29+163.6%	$0.11	$0.30	$0.34	$0.11	-$0.38	$0.06	-$0.95n/m	-$0.21-800.0%	$0.03n/m	-$1.12
Diluted Shares (Avg)	N/A	52M	52M+0.1%	52M+8.0%	48M	25M	25M	24M	24M	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
SG&A Expenses	$1.4M+40.0%	$1.1M+15.4%	N/A	$1.1M-1.4%	$1.0M-11.0%	$924K-18.5%	N/A	$1.2M+34.7%
Income Tax	-$11Kn/m	-$5K-154.4%	N/A	-$3K-183.2%	-$4Kn/m	$9K-21.5%	N/A	$3K-82.4%
Net Income	-$8.0M-317.1%	$207Kn/m	N/A	$1.8M-70.6%	$3.7M-19.7%	-$523K-107.5%	N/A	$6.3M-1.2%
EPS (Basic)	-$0.18	-$0.02n/m	-$0.17-342.9%	$0.01	$0.05-28.6%	-$0.03	$0.07-12.5%	$0.100.0%
EPS (Diluted)	-$0.18	-$0.02n/m	-$0.17-342.9%	$0.01	$0.05-28.6%	-$0.03	$0.07-12.5%	$0.100.0%
Diluted Shares (Avg)	52M	52M+0.2%	N/A	52M	52M+0.1%	52M	N/A	52M+0.1%

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA, Interest Expense.

LFT Balance Sheet

LFT quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
Total Assets	$1.2B+7.7%	$1.1B-22.0%	$1.4B+28.3%	$1.1B+7.5%	$1.0B+68.8%	$621.5M-5.5%	$657.9M-3.2%	$679.4M-74.0%	$2.6B+13.6%	$2.3B-8.0%	$2.5B-14.5%	$2.9B+453.2%	$528.2M
Cash & Equivalents	$23.1M-66.6%	$69.2M+35.0%	$51.2M+16.8%	$43.9M+197.4%	$14.7M+29.7%	$11.4M+4.0%	$10.9M+38.8%	$7.9M-77.0%	$34.3M+24.7%	$27.5M+5.3%	$26.1M-19.0%	$32.3M-2.4%	$33.1M
Total Liabilities	$996.9M+11.9%	$890.7M-26.2%	$1.2B+36.3%	$885.0M+0.6%	$879.5M+73.2%	$507.8M-7.6%	$549.3M+3.8%	$529.1M-78.5%	$2.5B+14.4%	$2.2B-7.1%	$2.3B-14.3%	$2.7B+554.0%	$414.3M
Total Equity	$219.0M-7.9%	$237.8M-1.2%	$240.7M-0.9%	$242.9M+43.5%	$169.3M+49.0%	$113.6M+4.7%	$108.5M-27.7%	$150.1M+3.0%	$145.8M+2.3%	$142.5M-19.7%	$177.5M-16.6%	$212.8M+86.8%	$113.9M
Retained Earnings	$67.3M-3.9%	$70.0M+47.8%	$47.4M+51.6%	$31.3M+46.1%	$21.4M+96.9%	$10.9M+350.6%	$2.4Mn/m	-$3.8M-335.1%	$1.6Mn/m	-$3.1M-141.8%	$7.4M-35.3%	$11.4M+41.2%	$8.0M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$1.1B+11.7%	$1.2B+13.5%	$1.2B+7.7%	$955.7M-23.9%	$998.4M-23.0%	$1.1B-23.0%	$1.1B-22.0%	$1.3B-13.0%
Cash & Equivalents	$29.0M-51.2%	$21.2M-66.5%	$23.1M-66.6%	$56.0M+22.9%	$59.4M-8.8%	$63.5M-1.6%	$69.2M+35.0%	$45.6M+5.0%
Total Liabilities	$910.6M+18.7%	$988.8M+19.2%	$996.9M+11.9%	$725.6M-28.4%	$766.9M-27.3%	$829.5M-26.9%	$890.7M-26.2%	$1.0B-15.8%
Total Equity	$204.7M-11.5%	$216.0M-6.9%	$219.0M-7.9%	$230.0M-5.4%	$231.4M-4.4%	$231.9M-4.5%	$237.8M-1.2%	$243.0M+1.1%
Retained Earnings	$59.5M-18.7%	$67.5M-2.9%	$67.3M-3.9%	$75.0M+15.0%	$73.2M+24.2%	$69.5M+27.9%	$70.0M+47.8%	$65.2M+54.0%

Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

LFT Cash Flow Statement

LFT quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
Operating Cash Flow	$6.5M	$10.1M-62.8%	$27.1M+9.7%	$24.7M+51.9%	$16.3M+17.6%	$13.8M+13.3%	$12.2M+67.8%	$7.3M-40.7%	$12.3M+189.6%	$4.2M+81.0%	$2.3M+13.4%	$2.1M-90.1%	$20.7M+55.6%	$13.3M
Depreciation & Amortization	N/A	$779Kn/m	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Stock-Based Compensation	N/A	$190K+28.9%	$147Kn/m	$0-100.0%	$241K+20.1%	$201K-2.3%	$205K+5.8%	$194K-23.3%	$253K+23.0%	$206K+4.1%	$197K-23.1%	$257K+1.2%	$254K+9.8%	$231K
Investing Cash Flow	-$139.0M	-$142.9M-142.8%	$334.1Mn/m	-$316.7Mn/m	-$51.8Mn/m	-$477.3M-642.9%	$87.9Mn/m	-$42.3M-104.1%	$1.0B	N/A	-$219.1M-214.5%	$191.3Mn/m	-$250.9Mn/m	-$402.9M
Financing Cash Flow	$126.5M	$87.9Mn/m	-$341.2M-215.2%	$296.1M+358.2%	$64.6M-84.3%	$412.3Mn/m	-$46.8Mn/m	-$8.2Mn/m	-$1.0B	N/A	$218.2Mn/m	-$199.5M-187.0%	$229.4M-45.3%	$419.1M
Dividends Paid	$9.6M	$18.3M+16.8%	$15.7M+20.1%	$13.1M+12.1%	$11.6M+16.7%	$10.0M+30.6%	$7.6M+15.2%	$6.6M+28.6%	$5.2M-56.7%	$11.9M-60.2%	$29.9M+50.4%	$19.9M+9.0%	$18.2M+76.9%	$10.3M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$284K-21.0%	$359Kn/m	$0n/m	$0

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$502K-86.1%	$3.6M-12.8%	$1.3M-80.2%	$1.1M-81.7%	$3.6M-34.3%	$4.1M-54.9%	$6.3M-31.4%	$6.2M+14.8%
Depreciation & Amortization	$390K+181.2%	$305Kn/m	$296Kn/m	$345K	$139K	$0	$0	N/A
Stock-Based Compensation	N/A	$52K+23.6%	N/A	N/A	N/A	$42K+113.0%	N/A	N/A
Investing Cash Flow	$104.6M+72.5%	$15.2M-72.4%	-$298.5M-325.3%	$39.6M+0.8%	$60.7M-26.2%	$55.3M-31.0%	$132.5Mn/m	$39.3Mn/m
Financing Cash Flow	-$81.1Mn/m	-$14.8Mn/m	$267.0Mn/m	-$44.7Mn/m	-$68.1Mn/m	-$66.4Mn/m	-$132.3Mn/m	-$47.1M-115.2%
Dividends Paid	$2.1M-51.5%	$2.1M-76.4%	$2.1M-49.9%	$3.3M-38.9%	$4.3M-19.4%	$8.9M+143.1%	$4.2M+14.4%	$5.4M+10.9%

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Share Buybacks.

LFT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LFT quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
Return on Equity	-1.3%-10.8pp	9.5%+1.3pp	8.2%+4.1pp	4.1%-2.2pp	6.2%-1.2pp	7.4%+1.7pp	5.8%+9.4pp	-3.6%-6.9pp	3.2%+10.6pp	-7.3%-7.6pp	0.3%-1.3pp	1.6%-1.3pp	2.8%
Return on Assets	-0.2%-2.2pp	2.0%+0.7pp	1.4%+0.5pp	0.9%-0.1pp	1.0%-0.4pp	1.4%+0.4pp	0.9%+1.8pp	-0.8%-1.0pp	0.2%+0.6pp	-0.4%-0.5pp	0.0%-0.1pp	0.1%-0.5pp	0.6%
Liabilities-to-Equity	4.55+0.8x	3.75-1.3x	5.01+1.4x	3.64-1.6x	5.20+0.7x	4.47-0.6x	5.06+1.5x	3.53-13.4x	16.92+1.8x	15.14+2.1x	13.08+0.3x	12.73+9.1x	3.64

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Return on Equity	-3.9%-5.5pp	0.1%+0.3pp	N/A	0.8%-1.8pp	1.6%-0.3pp	-0.2%-3.1pp	N/A	2.6%-0.1pp
Return on Assets	-0.7%-1.1pp	0.0%+0.1pp	N/A	0.2%-0.3pp	0.4%0.0pp	-0.1%-0.6pp	N/A	0.5%+0.1pp
Liabilities-to-Equity	4.45+1.1x	4.58+1.0x	4.55+0.8x	3.16-1.0x	3.31-1.0x	3.58-1.1x	3.75-1.3x	4.17-0.8x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Debt-to-Equity, Asset Turnover, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Lument Finance Trust, Inc. LFT	FY2025	N/A	-$2.7M	N/A	$22.3M	—
Granite Point Mortgage Trust Inc. GPMT	FY2025	$131.7M	-$41.2M	-31.2%	$23.3M	7/100
ACRES Commercial Realty Corp. ACR	FY2025	$79.9M	$28.0M	35.0%	$183.2M	59/100
CHERRY HILL MORTGAGE INVESTMENT CORPORATION CHMI	FY2025	$23.3M	$6.8M	29.3%	$94.6M	—
Seven Hills Realty Trust SEVN	FY2025	$29.4M	$15.4M	52.5%	$140.4M	54/100
Sunrise Realty Trust, Inc. SUNS	FY2025	$21.6M	$12.1M	56.3%	$85.8M	—

Where Lument Finance Trust, Inc. Ranks

Frequently Asked Questions

Is Lument Finance Trust, Inc. profitable?

No, Lument Finance Trust, Inc. (LFT) reported a net loss of $2.7M in fiscal year 2025.

Does Lument Finance Trust, Inc. pay dividends?

Yes, Lument Finance Trust, Inc. (LFT) paid $0.22 per share in dividends during fiscal year 2025.

What is Lument Finance Trust, Inc.'s return on equity (ROE)?

Lument Finance Trust, Inc. (LFT) has a return on equity of -1.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Lument Finance Trust, Inc.'s operating cash flow?

Lument Finance Trust, Inc. (LFT) generated $10.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Lument Finance Trust, Inc.'s total assets?

Lument Finance Trust, Inc. (LFT) had $1.2B in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Lument Finance Trust, Inc. have outstanding?

Lument Finance Trust, Inc. (LFT) had 52M shares outstanding as of fiscal year 2025.

What is Lument Finance Trust, Inc.'s liabilities-to-equity ratio?

Lument Finance Trust, Inc. (LFT) had a liabilities-to-equity ratio of 4.55 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.

What is Lument Finance Trust, Inc.'s return on assets (ROA)?

Lument Finance Trust, Inc. (LFT) had a return on assets of -0.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Lument Finance Trust, Inc.'s P/E ratio?

Lument Finance Trust, Inc. (LFT) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $22.3M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Lument Finance Trust, Inc.'s price-to-sales ratio?

Lument Finance Trust, Inc. (LFT) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $22.3M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Lument Finance Trust, Inc.'s Piotroski F-Score?

Lument Finance Trust, Inc. (LFT) has a Piotroski F-Score of 2 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Lument Finance Trust, Inc.'s earnings high quality?

Lument Finance Trust, Inc. (LFT) reported a net loss of $2.7M while generating $10.1M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.