Blackstone Mortgage Trust (BXMT) Cash from Operations (2010 - 2026)
Blackstone Mortgage Trust's (BXMT) quarterly Cash from Operations came in at $65.2 million in Q2 2026, up 13.94% year-over-year from $57.2 million in Q2 2025, and down 61.58% quarter-over-quarter from $169.7 million in Q1 2026.
Analysis
Blackstone Mortgage Trust (BXMT) Cash from Operations (2010 - 2026) Analysis & Trends
Blackstone Mortgage Trust (BXMT) has reported Cash from Operations for 17 consecutive years, with $65.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cash from Operations rose 13.94% year-over-year to $65.2 million in Q2 2026; TTM through Jun 2026 was $353.1 million, a 7.18% increase from a year earlier, with the FY2025 full-year figure at $275.9 million, down 24.72% from the prior year.
- Cash from Operations was $65.2 million for Q2 2026 at Blackstone Mortgage Trust, down from $169.7 million in the prior quarter.
- Over five years, Cash from Operations peaked at $169.7 million in Q1 2026 and troughed at -$18.2 million in Q3 2025.
- A 5-year average of $96.3 million and a median of $97.4 million in 2024 frame the typical range for Cash from Operations.
- Across the five-year window, Cash from Operations slumped 120.87% in 2025 and surged 68.86% in 2026, its largest moves.
- Over 5 years, Cash from Operations stood at $130.2 million in 2022, then retreated by 14.63% to $111.2 million in 2023, then retreated by 23.94% to $84.5 million in 2024, then surged by 61.23% to $136.3 million in 2025, then plunged by 52.16% to $65.2 million in 2026.
- The last three Cash from Operations figures came in at $65.2 million (Q2 2026), $169.7 million (Q1 2026), and $136.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 1.62 Bn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 218.00 Mn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 170.66 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 174.09 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 84.15 Mn |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 192.74 Mn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | 65.21 Mn |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | 210.18 Mn |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | -19.14 Mn |
| 10 | Orchid Island Capital | 1.32 Bn | 637.53 Mn | 61.82 Mn | 81.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.21 Mn |
| Mar 31, 2026 | 169.73 Mn |
| Dec 31, 2025 | 136.31 Mn |
| Sep 30, 2025 | -18.18 Mn |
| Jun 30, 2025 | 57.23 Mn |
| Mar 31, 2025 | 100.52 Mn |
| Dec 31, 2024 | 84.55 Mn |
| Sep 30, 2024 | 87.12 Mn |
| Jun 30, 2024 | 100.18 Mn |
| Mar 31, 2024 | 94.61 Mn |
| Dec 31, 2023 | 111.16 Mn |
| Sep 30, 2023 | 112.05 Mn |
| Jun 30, 2023 | 126.02 Mn |
| Mar 31, 2023 | 109.62 Mn |
| Dec 31, 2022 | 130.22 Mn |
| Sep 30, 2022 | 83.01 Mn |
| Jun 30, 2022 | 93.50 Mn |
| Mar 31, 2022 | 90.10 Mn |
| Dec 31, 2021 | 127.46 Mn |
| Sep 30, 2021 | 89.65 Mn |