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
DateValue
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