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

Blackstone Mortgage Trust (BXMT) has reported Operating Expenses for 17 consecutive years, with $111.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses rose 41.66% year-over-year to $111.0 million in Q2 2026; TTM through Jun 2026 was $402.5 million, a 64.3% increase from a year earlier, with the FY2025 full-year figure at $335.3 million, up 114.35% from the prior year.
• Operating Expenses was $111.0 million for Q2 2026 at Blackstone Mortgage Trust, roughly flat from $110.8 million in the prior quarter.
• Over five years, Operating Expenses peaked at $111.0 million in Q2 2026 and troughed at $32.7 million in Q1 2024.
• A 5-year average of $58.1 million and a median of $44.9 million in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses slipped 27.24% in 2024 and surged 134.96% in 2025, its largest moves.
• Over 5 years, Operating Expenses stood at $48.3 million in 2022, then fell by 18.06% to $39.6 million in 2023, then soared by 40.72% to $55.7 million in 2024, then surged by 93.93% to $108.1 million in 2025, then advanced by 2.72% to $111.0 million in 2026.
• The last three Operating Expenses figures came in at $111.0 million (Q2 2026), $110.8 million (Q1 2026), and $108.1 million (Q4 2025), per Business Quant data.