Blackstone Mortgage Trust (BXMT) Interest Expenses (2010 - 2026)

Blackstone Mortgage Trust (BXMT) reported Interest Expenses of $220.7 million for Q1 2026, down 8.87% year-over-year from $242.2 million in Q1 2025, and down 6.04% quarter-over-quarter from $234.9 million in Q4 2025.

Blackstone Mortgage Trust (BXMT) Interest Expenses (2010 - 2026) Analysis & Trends

Blackstone Mortgage Trust (BXMT) has 17 years of Interest Expenses data on file, last reported at $220.7 million in Q1 2026.

  • Interest Expenses for Q1 2026 came in at $220.7 million, down 8.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $967.4 million (down 18.6% YoY), and the FY2025 annual result was $988.9 million, down 23.34% from the prior year.
  • Interest Expenses slipped to $220.7 million in Q1 2026 per BXMT's latest filing, from $234.9 million in the prior quarter.
  • Over five years, Interest Expenses peaked at $354.0 million in Q3 2023 and troughed at $100.7 million in Q1 2022.
  • A 5-year average of $269.3 million and a median of $271.2 million in 2022 frame the typical range for Interest Expenses.
  • The sharpest annual moves came in 2023 and 2025: Interest Expenses jumped 214.95% in 2023, then dropped 29.52% in 2025.
  • A 5-year view of Interest Expenses shows it stood at $271.2 million in 2022, then rose by 29.52% to $351.2 million in 2023, then retreated by 18.82% to $285.1 million in 2024, then slipped by 17.6% to $234.9 million in 2025, then declined by 6.04% to $220.7 million in 2026.
  • Business Quant data shows BXMT's Interest Expenses at $220.7 million in Q1 2026, $234.9 million in Q4 2025, and $247.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 1.27 Bn
2 AGNC Investment 11.42 Bn 10.75 Bn - 731.00 Mn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 328.91 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 220.74 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - 178.14 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - 88.25 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 95.16 Mn
10 Ladder Capital 1.28 Bn 1.25 Bn - 51.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 220.74 Mn
Mar 31, 2026 220.74 Mn
Dec 31, 2025 234.93 Mn
Dec 31, 2025 234.93 Mn
Sep 30, 2025 247.06 Mn
Sep 30, 2025 247.06 Mn
Jun 30, 2025 264.73 Mn
Jun 30, 2025 264.73 Mn
Mar 31, 2025 242.23 Mn
Mar 31, 2025 242.23 Mn
Dec 31, 2024 285.12 Mn
Dec 31, 2024 285.12 Mn
Sep 30, 2024 321.74 Mn
Sep 30, 2024 321.74 Mn
Jun 30, 2024 339.38 Mn
Jun 30, 2024 339.38 Mn
Mar 31, 2024 343.70 Mn
Mar 31, 2024 343.70 Mn
Dec 31, 2023 351.24 Mn
Dec 31, 2023 351.24 Mn