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% YoY from $42.7 million in Q2 2025, and up 5.21% on a QoQ basis from $46.5 million in Q1 2026.
Claros Mortgage Trust (CMTG) Operating Expenses (2020 - 2026) Analysis & Trends
Claros Mortgage Trust (CMTG) has 7 years of Operating Expenses data on file, last reported at $48.9 million in Q2 2026.
- Quarterly Operating Expenses rose 14.59% year-over-year to $48.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $193.7 million (up 17.49% YoY) and the FY2025 annual result came in at $178.6 million, up 8.27% from the prior year.
- Operating Expenses grew to $48.9 million in Q2 2026, from $46.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $52.0 million in Q4 2025 to a low of $26.5 million in Q1 2022.
- A 5-year average of $40.2 million and a median of $40.3 million in 2023 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 93.93% in 2022, down 4.89% in 2022.
- Tracing CMTG's Operating Expenses over 5 years: stood at $37.4 million in 2022, then climbed by 8.9% to $40.7 million in 2023, then gained by 4.6% to $42.6 million in 2024, then increased by 22.19% to $52.0 million in 2025, then slipped by 5.94% to $48.9 million in 2026.
- The last three Operating Expenses figures came in at $48.9 million (Q2 2026), $46.5 million (Q1 2026), and $52.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 71.74 Mn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 30.00 Mn |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 524.77 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 1.28 Bn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 16.21 Mn |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 111.00 Mn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 17.16 Mn |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 76.02 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 6.76 Mn |
| 10 | Claros Mortgage Trust | 242.53 Mn | 152.21 Mn | - | 48.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |