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