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

Granite Point Mortgage Trust (GPMT-PA) recorded quarterly Operating Expenses of $13.9 million in Q1 2026, down 30.4% on a QoQ basis from $19.9 million in Q4 2025, and down 3.12% year-over-year from $14.3 million in Q1 2025.

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

Granite Point Mortgage Trust has disclosed Operating Expenses across 11 years of filings, most recently posting $13.9 million for Q1 2026.

  • Quarterly Operating Expenses fell 3.12% year-over-year to $13.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $60.7 million (up 16.45% YoY) and the FY2025 annual result came in at $61.2 million, up 22.16% from the prior year.
  • Operating Expenses retreated to $13.9 million in Q1 2026, from $19.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $19.9 million in Q4 2025 and troughed at $8.4 million in Q3 2022.
  • A 5-year average of $12.1 million and a median of $11.4 million in 2023 frame the typical range for Operating Expenses.
  • Biggest YoY gain for Operating Expenses was 59.31% in 2025; the steepest drop was 14.44% in 2025.
  • Tracing GPMT-PA's Operating Expenses over 5 years: stood at $9.0 million in 2022, then gained by 15.52% to $10.4 million in 2023, then climbed by 20.33% to $12.5 million in 2024, then jumped by 59.31% to $19.9 million in 2025, then tumbled by 30.4% to $13.9 million in 2026.
  • Business Quant data shows GPMT-PA's Operating Expenses at $13.9 million in Q1 2026, $19.9 million in Q4 2025, and $12.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 63.74 Mn
2 AGNC Investment 11.42 Bn 10.75 Bn - 34.00 Mn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 480.31 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - 1.24 Bn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 110.77 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - 21.25 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - 15.35 Mn
8 Ellington Financial 1.67 Bn 1.39 Bn - 80.37 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 49.45 Mn
10 Granite Point Mortgage Trust - - - 13.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 13.86 Mn
Dec 31, 2025 19.92 Mn
Sep 30, 2025 12.46 Mn
Jun 30, 2025 14.48 Mn
Mar 31, 2025 14.31 Mn
Dec 31, 2024 12.50 Mn
Sep 30, 2024 14.57 Mn
Jun 30, 2024 10.77 Mn
Mar 31, 2024 12.24 Mn
Dec 31, 2023 10.39 Mn
Sep 30, 2023 10.97 Mn
Jun 30, 2023 11.37 Mn
Mar 31, 2023 10.56 Mn
Dec 31, 2022 8.99 Mn
Sep 30, 2022 8.36 Mn
Jun 30, 2022 9.46 Mn
Mar 31, 2022 9.89 Mn
Dec 31, 2021 8.43 Mn
Sep 30, 2021 9.23 Mn
Jun 30, 2021 8.71 Mn