Granite Point Mortgage Trust (GPMT-PA) Interest Expenses (2016 - 2026)

Granite Point Mortgage Trust (GPMT-PA) recorded quarterly Interest Expenses of $18.0 million in Q1 2026, down 16.54% on a QoQ basis from $21.6 million in Q4 2025, and down 33.5% year-over-year from $27.1 million in Q1 2025.

Granite Point Mortgage Trust (GPMT-PA) Interest Expenses (2016 - 2026) Analysis & Trends

Granite Point Mortgage Trust has disclosed Interest Expenses across 11 years of filings, most recently posting $18.0 million for Q1 2026.

  • Quarterly Interest Expenses fell 33.5% year-over-year to $18.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $88.8 million (down 34.34% YoY) and the FY2025 annual result came in at $97.9 million, down 34.6% from the prior year.
  • Interest Expenses slipped to $18.0 million in Q1 2026, from $21.6 million in the prior quarter.
  • Over five years, Interest Expenses peaked at $124.4 million in Q4 2022 and troughed at $1.4 million in Q1 2022.
  • A 5-year average of $37.4 million and a median of $34.5 million in 2022 frame the typical range for Interest Expenses.
  • Annual changes were most pronounced in 2022 — Interest Expenses plunged 94.79% — and 2023, when it soared 3090.53%.
  • Tracing GPMT-PA's Interest Expenses over 5 years: stood at $124.4 million in 2022, then tumbled by 64.5% to $44.2 million in 2023, then retreated by 29.48% to $31.1 million in 2024, then slumped by 30.67% to $21.6 million in 2025, then decreased by 16.54% to $18.0 million in 2026.
  • Business Quant data shows GPMT-PA's Interest Expenses at $18.0 million in Q1 2026, $21.6 million in Q4 2025, and $23.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 1.27 Bn
2 AGNC Investment 11.42 Bn 10.75 Bn - 731.00 Mn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 328.91 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 220.74 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - 178.14 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - 88.25 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 95.16 Mn
10 Granite Point Mortgage Trust - - - 18.03 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.03 Mn
Mar 31, 2026 18.03 Mn
Dec 31, 2025 21.60 Mn
Dec 31, 2025 21.60 Mn
Sep 30, 2025 23.42 Mn
Sep 30, 2025 23.42 Mn
Jun 30, 2025 25.76 Mn
Jun 30, 2025 25.76 Mn
Mar 31, 2025 27.10 Mn
Mar 31, 2025 27.10 Mn
Dec 31, 2024 31.15 Mn
Dec 31, 2024 31.15 Mn
Sep 30, 2024 36.64 Mn
Sep 30, 2024 36.64 Mn
Jun 30, 2024 40.35 Mn
Jun 30, 2024 40.35 Mn
Mar 31, 2024 41.53 Mn
Mar 31, 2024 41.53 Mn
Dec 31, 2023 44.17 Mn
Dec 31, 2023 44.17 Mn