Granite Point Mortgage Trust (GPMT) Interest Expenses (2016 - 2026)
Granite Point Mortgage Trust (GPMT) posted Interest Expenses of $18.0 million for Q1 2026, down 2.7% on a QoQ basis from $18.5 million in Q4 2025, and down 33.5% year-over-year from $27.1 million in Q1 2025.
Granite Point Mortgage Trust (GPMT) Interest Expenses (2016 - 2026) Analysis & Trends
Granite Point Mortgage Trust's Interest Expenses history runs 11 years deep, the most recent figure standing at $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 $85.7 million (down 35.35% YoY) and the FY2025 annual result came in at $97.9 million, down 34.6% from the prior year.
- Interest Expenses was $18.0 million for Q1 2026 at Granite Point Mortgage Trust, down from $18.5 million in the prior quarter.
- Across five years, Interest Expenses topped out at $47.0 million in Q2 2023 and bottomed at $18.0 million in Q1 2026.
- A 5-year average of $33.5 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 surged 155.22% — and 2024, when it tumbled 39.26%.
- Granite Point Mortgage Trust's Interest Expenses stood at $37.7 million in 2022, then advanced by 24.63% to $47.0 million in 2023, then plunged by 39.26% to $28.5 million in 2024, then tumbled by 35.04% to $18.5 million in 2025, then fell by 2.7% to $18.0 million in 2026.
- Business Quant data shows GPMT's Interest Expenses at $18.0 million in Q1 2026, $18.5 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 | 16.30 Bn | 14.44 Bn | - | 1.27 Bn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 731.00 Mn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 328.91 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 444.66 Mn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 220.74 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 97.38 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | 178.14 Mn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 285.73 Mn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 131.16 Mn |
| 10 | Granite Point Mortgage Trust | 64.36 Mn | 556.52 Mn | - | 18.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.03 Mn |
| Mar 31, 2026 | 18.03 Mn |
| Dec 31, 2025 | 18.53 Mn |
| Dec 31, 2025 | 18.53 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 |
| Dec 31, 2023 | 46.96 Mn |
| Dec 31, 2023 | 46.96 Mn |