ADAMAS TRUST, INC.
ADAMNNasdaq
$24.18
↓ -0.7%Jul 17 close · end-of-day
Price
1Y↑ +22.5%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$2.2B
Enterprise Value
$2.7B
P/E
20.7
P/S
—
P/B
1.5
EV/EBITDA
12.9
PEG
—
FCF Yield
—
Dividend Yield
3.7%
Revenue (TTM)
—
Net Income (TTM)
$155.5M
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
—
Net Margin
—
ROE
10.7%
ROIC
7.7%
Debt / Equity
0.5
Net Cash
-$460.6M
Return 1Y
—
Company profile
Management & directors
- Mah NicholasPresident
- Nario Kristine RimandoChief Financial Officer
- Serrano Jason TChief Executive Officer
Roles derived from SEC Form 4 filings.
Earnings
ADAMN Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue——
Diluted EPS$0.40↑ +21.2%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$287.3M | $190.9M | -$340.1M | -$77.7M | -$92.9M | $137.8M |
| Net income | -$288.5M | $193.2M | -$298.6M | -$48.7M | -$62.0M | $149.0M |
| Diluted EPS | -$0.89 | $1.51 | -$3.61 | -$0.99 | -$1.14 | $1.10 |
| Operating cash flow | $110.8M | $138.9M | $91.8M | $30.0M | $14.1M | $134.0M |
| Free cash flow | $110.5M | $92.9M | -$117.6M | -$20.5M | -$10.6M | $125.9M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — |
| Net margin | — | — | — | — | — | — |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | -$23.7M | $42.8M | -$31.8M | $37.7M | $4.3M | $39.5M | $56.3M | $86.7M |
| Net income | -$15.6M | $42.8M | -$31.4M | $42.2M | $8.5M | $44.8M | $53.5M | $48.6M |
| Diluted EPS | -$0.29 | $0.36 | -$0.46 | $0.33 | -$0.04 | $0.36 | $0.45 | $0.40 |
| Operating cash flow | -$993,000.00 | -$922,000.00 | $29.1M | $25.8M | $39.2M | $6.9M | $62.1M | -$16.7M |
| Free cash flow | -$8.6M | -$8.6M | $25.7M | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | — | — | — | — | — | — | — | — |
Company news
Coming soonHeadlines for ADAMN will appear here once the news feed is connected.
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-10 | Clement Michael B. | Option exercise | 18,678 | — | — | filing |
| 2026-01-27 | Serrano Jason T· Chief Executive Officer | Tax withholding | 5,827 | $8.41 | $49,005.07 | filing |
| 2026-01-27 | Mah Nicholas· President | Tax withholding | 2,237 | $8.41 | $18,813.17 | filing |
| 2026-01-27 | Nario Kristine Rimando· Chief Financial Officer | Tax withholding | 751 | $8.41 | $6,315.91 | filing |
| 2026-01-01 | Serrano Jason T· Chief Executive Officer | Tax withholding | 44,640 | $7.30 | $325,872.00 | filing |
| 2026-01-01 | Mah Nicholas· President | Tax withholding | 26,784 | $7.30 | $195,523.20 | filing |
| 2026-01-01 | Serrano Jason T· Chief Executive Officer | Tax withholding | 21,455 | $7.30 | $156,621.50 | filing |
| 2026-01-01 | Serrano Jason T· Chief Executive Officer | Tax withholding | 19,140 | $7.30 | $139,722.00 | filing |
| 2026-01-01 | Mah Nicholas· President | Tax withholding | 17,505 | $7.30 | $127,786.50 | filing |
| 2026-01-01 | Mah Nicholas· President | Tax withholding | 14,509 | $7.30 | $105,915.70 | filing |
| 2026-01-01 | Nario Kristine Rimando· Chief Financial Officer | Tax withholding | 13,342 | $7.30 | $97,396.60 | filing |
| 2026-01-01 | Nario Kristine Rimando· Chief Financial Officer | Tax withholding | 7,311 | $7.30 | $53,370.30 | filing |
| 2026-01-01 | Nario Kristine Rimando· Chief Financial Officer | Tax withholding | 5,769 | $7.30 | $42,113.70 | filing |
| 2026-01-01 | Mah Nicholas· President | Option exercise | 48,948 | $0.00 | $0.00 | filing |
| 2026-01-01 | Nario Kristine Rimando· Chief Financial Officer | Option exercise | 9,765 | $0.00 | $0.00 | filing |
| 2026-01-01 | Nario Kristine Rimando· Chief Financial Officer | Option exercise | 12,309 | $0.00 | $0.00 | filing |
| 2026-01-01 | Nario Kristine Rimando· Chief Financial Officer | Option exercise | 24,123 | $0.00 | $0.00 | filing |
| 2026-01-01 | Mah Nicholas· President | Option exercise | 24,414 | $0.00 | $0.00 | filing |
| 2026-01-01 | Serrano Jason T· Chief Executive Officer | Option exercise | 34,179 | $0.00 | $0.00 | filing |
| 2026-01-01 | Mah Nicholas· President | Option exercise | 32,122 | $0.00 | $0.00 | filing |
| 2026-01-01 | Serrano Jason T· Chief Executive Officer | Option exercise | 41,032 | $0.00 | $0.00 | filing |
| 2026-01-01 | Serrano Jason T· Chief Executive Officer | Option exercise | 84,737 | $0.00 | $0.00 | filing |
Latest 22 transactions.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.