Granite Point Mortgage Trust GPMT
NYSE GPMT
$1.01 -0.02 (-2.40%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Granite Point Mortgage Trust's (GPMT) quarterly Interest Expenses came in at $17.0 million in Q2 2026, down 33.82% on a YoY basis from $25.8 million in Q2 2025, and down 5.43% quarter-over-quarter from $18.0 million in Q1 2026.

Analysis

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

Granite Point Mortgage Trust (GPMT) has reported Interest Expenses for 11 consecutive years, with $17.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Interest Expenses fell 33.82% year-over-year to $17.0 million; the trailing twelve-month figure through Jun 2026 stood at $80.1 million (down 33.62% YoY), and the FY2025 full-year result was $97.9 million, down 34.6% from the prior year.
  • Interest Expenses slipped to $17.0 million in Q2 2026 per GPMT's latest filing, from $18.0 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $47.0 million in Q2 2023 and bottomed at $17.0 million in Q2 2026.
  • Historically, Interest Expenses has averaged $32.8 million across 5 years, with a median of $32.8 million in 2022.
  • The sharpest annual moves came in 2023 and 2025: Interest Expenses soared 83.99% in 2023, then tumbled 36.16% in 2025.
  • Over 5 years, Interest Expenses stood at $40.4 million in 2022, then increased by 9.24% 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 retreated by 21.07% to $17.0 million in 2026.
  • According to Business Quant data, Interest Expenses over the past three periods registered $17.0 million, $18.0 million, and $21.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Annaly Capital Management 16.87 Bn 13.96 Bn - 1.32 Bn
2 AGNC Investment 12.43 Bn 11.10 Bn - 709.00 Mn
3 Starwood Property Trust 5.84 Bn 3.67 Bn - 344.58 Mn
4 Rithm Capital 5.57 Bn 5.57 Bn - 15.50 Mn
5 Dynex Capital 2.88 Bn 2.27 Bn - 208.97 Mn
6 Two Harbors Investment 2.65 Bn 2.01 Bn - 89.56 Mn
7 Blackstone Mortgage Trust 2.35 Bn 1.91 Bn - 227.18 Mn
8 Armour Residential REIT 2.11 Bn 2.02 Bn - -
9 Ellington Financial 1.71 Bn 1.46 Bn - 98.55 Mn
10 Granite Point Mortgage Trust 48.48 Mn -10.02 Mn - 17.05 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 17.05 Mn
Mar 31, 2026 18.03 Mn
Dec 31, 2025 21.60 Mn
Sep 30, 2025 23.42 Mn
Jun 30, 2025 25.76 Mn
Mar 31, 2025 27.10 Mn
Dec 31, 2024 31.15 Mn
Sep 30, 2024 36.64 Mn
Jun 30, 2024 40.35 Mn
Mar 31, 2024 41.53 Mn
Dec 31, 2023 44.17 Mn
Sep 30, 2023 46.77 Mn
Jun 30, 2023 46.99 Mn
Mar 31, 2023 43.81 Mn
Dec 31, 2022 40.44 Mn
Sep 30, 2022 34.54 Mn
Jun 30, 2022 27.34 Mn
Mar 31, 2022 23.81 Mn
Dec 31, 2021 26.24 Mn
Sep 30, 2021 26.31 Mn