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

Blackstone Mortgage Trust (BXMT) has 17 years of Operating Expenses data on file, last reported at $110.8 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $110.8 million, up 45.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $369.9 million (up 84.96% YoY), and the FY2025 annual result was $335.3 million, up 114.35% from the prior year.
• Operating Expenses advanced to $110.8 million in Q1 2026 per BXMT's latest filing, from $108.1 million in the prior quarter.
• Over five years, Operating Expenses peaked at $110.8 million in Q1 2026 and troughed at $32.7 million in Q1 2024.
• A 5-year average of $55.0 million and a median of $43.9 million in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses dropped 27.24% in 2024, then soared 134.96% in 2025.
• A 5-year view of Operating Expenses shows it stood at $48.3 million in 2022, then retreated by 18.06% to $39.6 million in 2023, then jumped by 40.72% to $55.7 million in 2024, then soared by 93.93% to $108.1 million in 2025, then grew by 2.51% to $110.8 million in 2026.
• Business Quant data shows BXMT's Operating Expenses at $110.8 million in Q1 2026, $108.1 million in Q4 2025, and $72.7 million in Q3 2025.