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| Date | Value |
|---|---|
| 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 |