Claros Mortgage Trust CMTG
NYSE CMTG
$1.55 -0.07 (-4.32%)
As of: Sep 8, 2026 · 3:59 PM EDT

Claros Mortgage Trust (CMTG) Operating Expenses (2020 - 2026)

Claros Mortgage Trust's (CMTG) quarterly Operating Expenses came in at $48.9 million in Q2 2026, up 14.59% on a YoY basis from $42.7 million in Q2 2025, and up 5.21% quarter-over-quarter from $46.5 million in Q1 2026.

Analysis

Claros Mortgage Trust (CMTG) Operating Expenses (2020 - 2026) Analysis & Trends

Claros Mortgage Trust (CMTG) has reported Operating Expenses for 7 consecutive years, with $48.9 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 14.59% year-over-year to $48.9 million; the trailing twelve-month figure through Jun 2026 stood at $193.7 million (up 17.49% YoY), and the FY2025 full-year result was $178.6 million, up 8.27% from the prior year.
  • Operating Expenses improved to $48.9 million in Q2 2026 per CMTG's latest filing, from $46.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $52.0 million in Q4 2025 and bottomed at $26.5 million in Q1 2022.
  • Historically, Operating Expenses has averaged $40.2 million across 5 years, with a median of $40.3 million in 2023.
  • The widest YoY moves for Operating Expenses: up 93.93% in 2022, down 4.89% in 2022.
  • Over 5 years, Operating Expenses stood at $37.4 million in 2022, then increased by 8.9% to $40.7 million in 2023, then climbed by 4.6% to $42.6 million in 2024, then gained by 22.19% to $52.0 million in 2025, then declined by 5.94% to $48.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $48.9 million, $46.5 million, and $52.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - 71.74 Mn
2 AGNC Investment 12.43 Bn 11.10 Bn - 30.00 Mn
3 Starwood Property Trust 5.84 Bn 3.67 Bn - 524.77 Mn
4 Rithm Capital 5.57 Bn 5.57 Bn - 1.28 Bn
5 Dynex Capital 2.88 Bn 2.27 Bn - 16.21 Mn
6 Two Harbors Investment 2.65 Bn 2.01 Bn - 51.40 Mn
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - 111.00 Mn
8 Armour Residential REIT 2.11 Bn 2.02 Bn - 17.16 Mn
9 Ellington Financial 1.71 Bn 1.46 Bn - 76.02 Mn
10 Claros Mortgage Trust 217.79 Mn 127.46 Mn - 48.93 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 48.93 Mn
Mar 31, 2026 46.51 Mn
Dec 31, 2025 52.02 Mn
Sep 30, 2025 46.25 Mn
Jun 30, 2025 42.70 Mn
Mar 31, 2025 37.65 Mn
Dec 31, 2024 42.57 Mn
Sep 30, 2024 41.95 Mn
Jun 30, 2024 41.21 Mn
Mar 31, 2024 39.25 Mn
Dec 31, 2023 40.70 Mn
Sep 30, 2023 39.88 Mn
Jun 30, 2023 37.75 Mn
Mar 31, 2023 37.01 Mn
Dec 31, 2022 37.37 Mn
Sep 30, 2022 35.52 Mn
Jun 30, 2022 30.45 Mn
Mar 31, 2022 26.45 Mn
Dec 31, 2021 39.29 Mn
Sep 30, 2021 23.46 Mn