Claros Mortgage Trust (CMTG) Operating Expenses (2020 - 2026)
Claros Mortgage Trust (CMTG) posted Operating Expenses of $46.5 million for Q1 2026, down 10.6% on a QoQ basis from $52.0 million in Q4 2025, and up 23.53% year-over-year from $37.6 million in Q1 2025.
Claros Mortgage Trust (CMTG) Operating Expenses (2020 - 2026) Analysis & Trends
Claros Mortgage Trust's Operating Expenses history runs 7 years deep, the most recent figure standing at $46.5 million for Q1 2026.
- Quarterly Operating Expenses rose 23.53% year-over-year to $46.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $187.5 million (up 14.75% YoY) and the FY2025 annual result came in at $178.6 million, up 8.27% from the prior year.
- Operating Expenses was $46.5 million for Q1 2026 at Claros Mortgage Trust, down from $52.0 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.
- A 5-year average of $39.7 million and a median of $39.9 million in 2023 frame the typical range for Operating Expenses.
- Peak annual rise in Operating Expenses reached 1456.12% in 2022, while the deepest fall reached 4.89% in 2022.
- Claros Mortgage Trust's 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 dropped by 10.6% to $46.5 million in 2026.
- Business Quant data shows CMTG's Operating Expenses at $46.5 million in Q1 2026, $52.0 million in Q4 2025, and $46.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 63.74 Mn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 34.00 Mn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 480.31 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 1.24 Bn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 110.77 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 80.37 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | 21.25 Mn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 17.16 Mn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 49.45 Mn |
| 10 | Claros Mortgage Trust | 310.41 Mn | 193.63 Mn | - | 46.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 7.09 Mn |