Blackstone Mortgage Trust (BXMT) Interest Expenses (2009 - 2026)

Blackstone Mortgage Trust's (BXMT) quarterly Interest Expenses came in at $220.7 million in Q1 2026, down 10.06% year-on-year from $245.4 million in Q1 2025, and up 136.98% on a QoQ basis from -$596.9 million in Q4 2025.

Blackstone Mortgage Trust (BXMT) Interest Expenses (2009 - 2026) Analysis & Trends

Blackstone Mortgage Trust (BXMT) has 18 years of Interest Expenses data on file, last reported at $220.7 million in Q1 2026.

  • On a quarterly basis, Interest Expenses fell 10.06% year-over-year to $220.7 million in Q1 2026; TTM through Mar 2026 was $135.6 million, a 88.62% decrease from a year earlier, with the FY2025 full-year figure at $988.9 million, down 23.34% from the prior year.
  • Interest Expenses for Q1 2026 stood at $220.7 million, up from -$596.9 million in the prior quarter.
  • Over the last five years, Interest Expenses for BXMT reached as high as $354.0 million in Q3 2023 and fell as low as -$596.9 million in Q4 2025.
  • Historically, Interest Expenses has averaged $220.6 million across 5 years, with a median of $271.2 million in 2022.
  • Across the five-year window, Interest Expenses surged 215.93% in 2023 and plunged 309.35% in 2025, its largest moves.
  • Year by year, Interest Expenses stood at $271.2 million in 2022, then rose by 29.51% to $351.2 million in 2023, then dropped by 18.82% to $285.1 million in 2024, then plunged by 309.35% to -$596.9 million in 2025, then jumped by 136.98% to $220.7 million in 2026.
  • Per Business Quant data, the three most recent Interest Expenses figures were $220.7 million in Q1 2026, -$596.9 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 16.30 Bn 14.44 Bn - 1.27 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - 731.00 Mn
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 328.91 Mn
4 Rithm Capital 5.01 Bn 5.01 Bn - 444.66 Mn
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 220.74 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - 97.38 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - 178.14 Mn
8 Armour Residential REIT 1.42 Bn 1.34 Bn - 285.73 Mn
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 131.16 Mn
10 Ladder Capital 1.20 Bn 1.17 Bn - 51.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 220.74 Mn
Mar 31, 2026 220.74 Mn
Dec 31, 2025 -596.90 Mn
Dec 31, 2025 -596.90 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 245.43 Mn
Mar 31, 2025 245.43 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 343.73 Mn
Mar 31, 2024 343.73 Mn
Dec 31, 2023 351.24 Mn
Dec 31, 2023 351.24 Mn