Granite Point Mortgage Trust (GPMT) Non Operating Interest Expenses (2017 - 2026)
Granite Point Mortgage Trust's (GPMT) quarterly Non Operating Interest Expenses came in at $6.8 million in Q1 2026, down 42.81% YoY from $11.9 million in Q1 2025, and down 19.77% on a QoQ basis from $8.5 million in Q4 2025.
Granite Point Mortgage Trust (GPMT) Non Operating Interest Expenses (2017 - 2026) Analysis & Trends
Granite Point Mortgage Trust (GPMT) has 10 years of Non Operating Interest Expenses data on file, last reported at $6.8 million in Q1 2026.
- Quarterly Non Operating Interest Expenses fell 42.81% year-over-year to $6.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $34.7 million (down 44.9% YoY) and the FY2025 annual result came in at $39.8 million, down 44.6% from the prior year.
- Non Operating Interest Expenses eased to $6.8 million in Q1 2026, from $8.5 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $22.9 million in Q2 2023 to a low of $5.0 million in Q1 2022.
- A 5-year average of $15.0 million and a median of $15.1 million in 2022 frame the typical range for Non Operating Interest Expenses.
- Annual changes were most pronounced in 2023 — Non Operating Interest Expenses jumped 294.81% — and 2025, when it plunged 49.02%.
- Tracing GPMT's Non Operating Interest Expenses over 5 years: stood at $19.0 million in 2022, then advanced by 15.8% to $22.0 million in 2023, then slumped by 34.36% to $14.4 million in 2024, then sank by 41.24% to $8.5 million in 2025, then retreated by 19.77% to $6.8 million in 2026.
- The last three Non Operating Interest Expenses figures came in at $6.8 million (Q1 2026), $8.5 million (Q4 2025), and $8.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | - |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 464.11 Mn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | - |
| 10 | Granite Point Mortgage Trust | 53.75 Mn | -4.75 Mn | - | 5.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.33 Mn |
| Mar 31, 2026 | 6.80 Mn |
| Dec 31, 2025 | 8.47 Mn |
| Sep 30, 2025 | 8.85 Mn |
| Jun 30, 2025 | 10.59 Mn |
| Mar 31, 2025 | 11.89 Mn |
| Dec 31, 2024 | 14.42 Mn |
| Sep 30, 2024 | 17.37 Mn |
| Jun 30, 2024 | 19.33 Mn |
| Mar 31, 2024 | 20.73 Mn |
| Dec 31, 2023 | 21.96 Mn |
| Sep 30, 2023 | 21.99 Mn |
| Jun 30, 2023 | 22.87 Mn |
| Mar 31, 2023 | 19.77 Mn |
| Dec 31, 2022 | 18.97 Mn |
| Sep 30, 2022 | 15.10 Mn |
| Jun 30, 2022 | 10.38 Mn |
| Mar 31, 2022 | 5.01 Mn |
| Dec 31, 2021 | 5.52 Mn |
| Sep 30, 2021 | 5.45 Mn |