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.

• On a quarterly basis, Operating Expenses rose 45.36% year-over-year to $110.8 million in Q1 2026; TTM through Mar 2026 was $369.9 million, a 84.96% increase from a year earlier, with the FY2025 full-year figure at $335.3 million, up 114.35% from the prior year.
• Operating Expenses for Q1 2026 stood at $110.8 million, up from $108.1 million in the prior quarter.
• Over the last five years, Operating Expenses for BXMT reached as high as $110.8 million in Q1 2026 and fell as low as $32.7 million in Q1 2024.
• Historically, Operating Expenses has averaged $55.0 million across 5 years, with a median of $43.9 million in 2023.
• Across the five-year window, Operating Expenses decreased 27.24% in 2024 and jumped 134.96% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $48.3 million in 2022, then dropped 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 gained by 2.51% to $110.8 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $110.8 million in Q1 2026, $108.1 million in Q4 2025, and $72.7 million in Q3 2025.