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| Date | Value |
|---|---|
| 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 |