Granite Point Mortgage Trust (GPMT) Interest Expenses (2016 - 2026)
Granite Point Mortgage Trust's (GPMT) quarterly Interest Expenses came in at $18.0 million in Q1 2026, down 33.5% YoY from $27.1 million in Q1 2025, and down 16.54% on a QoQ basis from $21.6 million in Q4 2025.
Granite Point Mortgage Trust (GPMT) Interest Expenses (2016 - 2026) Analysis & Trends
Granite Point Mortgage Trust (GPMT) has 11 years of Interest Expenses data on file, last reported at $18.0 million in 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 33.03% YoY) and the FY2025 annual result came in at $97.9 million, down 34.6% from the prior year.
- Interest Expenses declined to $18.0 million in Q1 2026, from $21.6 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $47.0 million in Q2 2023 to a low of $18.0 million in Q1 2026.
- A 5-year average of $33.8 million and a median of $34.5 million in 2022 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses jumped 87.7% — and 2024, when it plunged 39.26%.
- Tracing GPMT's Interest Expenses over 5 years: stood at $40.4 million in 2022, then gained by 16.12% to $47.0 million in 2023, then slumped by 39.26% to $28.5 million in 2024, then decreased by 24.28% to $21.6 million in 2025, then fell by 16.54% to $18.0 million in 2026.
- The last three Interest Expenses figures came in at $18.0 million (Q1 2026), $21.6 million (Q4 2025), and $23.4 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 1.32 Bn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 709.00 Mn |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 344.58 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 201.50 Mn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 208.97 Mn |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 227.18 Mn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 285.73 Mn |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 98.55 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 104.22 Mn |
| 10 | Granite Point Mortgage Trust | 53.75 Mn | -4.75 Mn | - | 17.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.05 Mn |
| Jun 30, 2026 | 17.05 Mn |
| 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 | 28.52 Mn |
| Dec 31, 2024 | 28.52 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 | 41.75 Mn |
| Mar 31, 2024 | 41.75 Mn |